FEC Approves New Power Supply, Transport Systems for Major Ports

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The Federal Executive Council, FEC, has approved three major Public-Private Partnership, PPP, projects aimed at improving Nigeria’s transport data management system and boosting electricity supply in key economic hubs.

The projects include the development of a Smart National Transport Data Bank under the Nigerian Institute of Transport Technology, as well as Independent Power Projects for the Onne Port Complex in Rivers State and the Apapa Port Complex in Lagos State.

The approvals were disclosed in a statement issued on Sunday in Abuja by the Acting Head of Media and Publicity of the Infrastructure Concession Regulatory Commission, ICRC, Ifeanyi Nwoko.

According to the commission, the projects form part of the Federal Government’s efforts to deepen private sector participation in infrastructure development and stimulate economic growth.

The ICRC stated that the approvals reflect President Bola Tinubu’s commitment to accelerating infrastructure delivery through partnerships with the private sector.

Speaking on the transport data initiative, the Director-General of the ICRC, Jobson Ewalefoh, said the project was designed to address longstanding planning and coordination challenges in Nigeria’s transport sector.

He explained that the Smart National Transport Data Bank would serve as a digital platform integrating real-time information across road, rail, air and marine transportation systems.

Ewalefoh added that the system would deploy technologies such as vehicle tagging and automated number plate recognition to improve traffic management, enforcement and investment planning.

On the energy projects, the ICRC boss said the Independent Power Projects were aimed at tackling persistent electricity shortages affecting operations at major port facilities.

According to him, the Onne project will provide a 50-megawatt power plant to supply stable electricity to the port and the Oil and Gas Free Zone.

He also disclosed that the Apapa project would generate about 36 megawatts through a hybrid energy system to improve reliability and reduce operating costs at the nation’s busiest port.

“These are not just power projects, they are productivity enablers. When you fix power in these critical economic zones, you directly impact trade efficiency and reduce the cost of doing business,” Ewalefoh said.

The commission noted that all the projects passed through regulatory reviews, including Outline Business Case assessment and Full Business Case certification, before receiving FEC approval.

The ICRC further assured that it would continue to monitor compliance with due process in all PPP projects to ensure value for money, investor confidence and protection of public interest.

 

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