INFRASTRUCTURE CONCESSION REGULATORY COMMISSION (ESTABLISHMENT, ETC.) ACT
Section 2: Priority projects
(1) Every Federal Government Ministry, Agency, Corporation or body shall prioritize its infrastructure projects and such priority projects may be qualified for concession under this Act.
(2) The projects mentioned in Subsection (I) of this Section shall be submitted to the Federal Executive Council for approval on the recommendation of the relevant Sector, Ministry or Agency prior to entering into any contract under Section I or this Act.
(3) In entering into any contract or granting any concession under section 1 of this Act, the Federal Govemment Ministry, Agency, Corporation or body shall ensure that the project proponent possesses the financial capacity, relevant expertise and experience in undertaking such infrastructure development or maintenance.
(4) The Commission established under Section 14 of this Act shall publish, in the Federal Gazette and in at least three national newspapers having wide circulation in Nigeria, and such other means of circulation the list of projects eligible for contract for the financing, construction, operation or maintenance of any infrastructure under this Act.
Cite this section
Section 2, INFRASTRUCTURE CONCESSION REGULATORY COMMISSION (ESTABLISHMENT, ETC.) ACT (2005).
https://repo.podus.ai/laws/infrastructure-concession-regulatory-commission-establishment-etc-act/section/2/