The Infrastructure Concession Regulatory Commission has convened the inaugural meeting of the Presidential Project Development Committee for the Ikom Multipurpose Dam and Hydropower Project, marking the formal commencement of the project’s development under a Public-Private Partnership framework.
The committee was constituted following resolutions reached at a high-level stakeholder meeting at the Aso Rock Presidential Villa, where the Ikom dam project was designated a strategic national intervention.
In a statement today the Acting Head of Media and Publicity at the commission, Ifeanyi Nwoko, said both a Project Steering Committee and a Project Development Committee were established, with the ICRC mandated to chair the latter.
According to the statement, the inaugural meeting was attended by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, representatives of the Federal Ministries of Water Resources and Power, the Nigeria Sovereign Investment Authority, the Nigerian National Petroleum Company Limited, the Cross River State Government, and Ikom Power Limited.
