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APR 2023 NEWS Aluko & Oyebode

The Federal Government of Nigeria, through the Federal Ministry of Mines and Steel (the Ministry) and in compliance with the Infrastructure Concession Regulatory Commission Establishment Act 2005 and the National Policy on Public-Private Partnership (N4P) intends to involve the private sector in the redevelopment, operation and maintenance of the National Iron Ore Mining Company (NIOMC) (The Project).

The Project for which the Ministry will act as a counterpart has been certified as eligible for a Public-Private Partnership by the Federal Government of Nigeria through the Infrastructure Concession Regulatory Commission (ICRC) and a Project Steering Committee comprising key representatives from Ministries, Departments and Agencies of the Federal Government. The Ministry is therefore calling for eligible interested private sector participants to redevelop, operate and maintain the NIOMC under a Public-Private arrangement as per the terms of the concession agreement.

The Request for Qualification (RfQ) and Request for Proposal (RfP) will be issued to all private sector interested parties concurrently and only the RfP submissions of parties who are shortlisted after the review of the RfQ submissions will proceed to the procurement process.

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