Federal Government launches contract monitoring website

  In a bid to improve transparency and accountability in contracts entered into by public and private enterprises in the country, the Federal Government says it will launch a contract disclosure web portal.

   The acting Director-General, Infrastructure Concession Regulatory Commission, ICRC, Chidi Izuwah said this yesterday in Abuja at a Public Private Partnership, PPP, training workshop organised by the World Bank.

   Izuwah said the ICRC and the World Bank had been working together  to ensure more openness and  transparency  in PPPs in Nigeria.

   He said that the Website was set to launch at the end of August, 2017 and that all federal government’s Ministries, Agencies and Departments were expected to disclose fully all their PPP contracts.

   Izuwah said that the portal was not just directed for local use, but would also serve to encourage foreign direct investments into the country.