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Goronyo Makes Case For Balanced Concession Agreements

BY CHIKA OKEKE, Abuja
The Minister of State for Works, Rt. Hon. Bello Muhammad Goronyo has advocated for balanced concession agreements to avoid mortgaging the future of Nigeria. 

He stated this in Abuja at the just concluded 2025 Nigeria Public-Private Partnerships (PPP) Summit, organised by the Infrastructure Concession Regulatory Commission (ICRC) in Abuja, with the theme: "Role of Public Private Partnerships in Delivering the Renewed Hope Agenda".

The theme of the summit: "Unlocking Nigeria's Potential: The Role of Public-Private Partnerships in Delivering the Renewed Hope Agenda," attracted key players from the government and private sectors to chart a sustainable path for infrastructure development.

Goronyo reaffirmed the ministry's commitment to driving infrastructure development through well-structured PPPs. 

During the panel discussion, he highlighted the ministry of works' strategic efforts to leverage PPP models in the road sector, particularly through the Highway Development and Management Initiative (HDMI). 

The initiative aims to improve the quality and management of Federal highways by attracting private investment.

He emphasised the ministry’s unwavering commitment to national interest, stating that: "Our loyalty is first to God Almighty, second to Mr. President, and by extension, to the good people of Nigeria.”

Goronyo raised concerns about certain clauses found in some concession agreements, describing them as offensive and skewed disproportionately in favour of the concessionaires. 

"We cannot mortgage the future of our country and that of our children. Concessionaires must come to the table with offers that create a win-win situation for all parties," he added.

He emphasised the ministry’s resolve to ensure that all road concessions under the HDMI framework and similar PPP engagements are fair, transparent and aligned with the Renewed Hope Agenda of President Bola Tinubu’s administration.

The minister called on all stakeholders to maintain accountability and uphold national interest in the execution of PPP projects, as Nigeria looks to harness private sector capacity to bridge the infrastructure deficit.

This was contained in a statement by the Director of Information and Public Relations, FERMA, Maryam M. Sanusi in Abuja. 

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