Following feedback from stakeholders and potential investors with respect to the cost and procedure of Public Private Partnership (PPP) project preparation and in a bid to give additional push to the Ease of Doing Business in Nigeria policy of the current administration, the ICRC initiated steps aimed at mitigating the bottlenecks that impede the successful conclusion of PPP projects.

Removal of the OBC and FBC fees is meant to ease doing business with respect to PPP procurements by MDAs in line with the change agenda of President Muhammadu Buhari, GCFR.

It is hoped that this will provide the needed impetus to MDAs and other key stakeholders in the development and deployment of an avalanche of PPP projects.