According to a statement issued by the ICRC’s Director-General, Dr. Jobson Ewalefoh, through the Acting Head of Media, Ifeanyi Nwoko, on Sunday, the new policy shifts significant approval powers away from the often slow-moving federal processes and into the hands of ministries, departments, and agencies (MDAs).
“This policy change eliminates the delays that have traditionally hindered the approval of small and mid-scale infrastructure projects,” Ewalefoh said.
Under the new structure:
Ministries can now independently approve PPP projects below ₦20 billion.
