The Nigerian PPP Framework

REGULATOMMISSION The Nigerian PPP Framework The SOLICITED PPP Process II 5. Upon OBC Certification, MDA's/TA commence procurement of private partner. 6. Upon procurement, MDA negotiates with preferred investor and submit Full Business Case (FBC) to ICRC for FBC Certificate of Compliance. 7. MDA submit FBC to FEC for approval. 8. Upon approval, PPP contract is signed and ICRC takes custody 9. MDA and preferred PPP Project Proponent (Investor) achieve Financial Close. 10.ICRC and the MDA conduct regular joint Inspections of the Project until the end of the contract. Investor Procured FBC Project Implemented C 59 CONCESSION CTURE CONCE INFRASTR /CRC

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