Business
Lack Of Capacity, Bane Of Infrastructural Dev – ICRC

The Acting Director-General, Infrastructure Regulatory Concession Commission (ICRC), Mr. Chidi Izuwah has on Monday said lack of capacity was a major challenge of infrastructure development in the country.
Izuwah said this during the Certified Public Private Partnership Professional training(C-P3 Professional) for civil servants organised by ICRC in collaboration with the World Bank in Abuja.
He expressed optimism that the certification and training would equip the participants to be able to address the infrastructure deficit in the country.
“Lack of capacity is now a major thing that we need to address; we need to have public servants who have the technical capacity and sophistication to handle PPP projects.
“This is because PPPs are complex, legal, financial and technical.
“So to be able to develop these projects, take them to the market in the way and manner that it is bankable and attractive to the private sector, you have to have the skills.
“And that is what you are doing today and we are very pleased to be partnering with the World Bank.
“This shows you that Nigeria is back in the play on the PPP bracket around the world.
“This is a very strong demonstration that the World Bank is sponsoring this training to make sure that we have C-P3 certified professionals in Nigeria.
“We are working with the office of the Head of Service to see how we can take this further in terms of training masses of civil servants in Nigeria at the federal level and other levels.
“So that they can have the capacity to be able to develop bankable projects,’’ Izuwah said.
The ICRC boss explained that the essence of the training was to ensure that Nigeria was the best PPP destination in the world.
He noted the huge deficit in the country’s budget, saying that the only way to bridge the infrastructure gap in the country was by using PPPs.
“The budget cannot provide all these, so we need to draw in millions of capital and expertise from the private sector across all sectors of health, housing, power, port etc.
“So many countries have been able to do a lot of projects using PPPs and we want Nigeria to be able to do same.’’
According to Izuwah, C-P3 professional is the only qualification in the world globally recognised for PPP practitioners as it involved the World Bank, African Development Bank, Islamic Development Bank and the like.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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