President Bola Ahmed Tinubu has called for a fundamental shift from traditional, government-only infrastructure financing model, to a new Public Private Partnership approach built on collaboration, innovation, and integrity.

Speaking at the opening of the 2025 Nigeria Public-Private Partnership (PPP) Summit on Tuesday in Abuja, President Tinubu represented by Vice President Kashim Shettima—noted that the goal, guided by the National Integrated Infrastructure Master Plan (2020–2043), is to raise infrastructure stock from 30–35% of GDP to at least 70% by 2043.
He reiterated the administration’s commitment to delivering inclusive and sustainable infrastructure and highlighted ongoing efforts to reduce bureaucratic bottlenecks and improve transparency in the project approval process.

Our correspondent Raliat Adenekan reports that the, ICRC Director-General, Dr. Jobson Ewalefoh, described the summit as a bridge between national aspirations and tangible development outcomes, while reaffirming Nigeria’s commitment to closing the $2. 3trillion infrastructure gaps, and readiness to attract meaningful investment.

Also speaking at the event, the African Development Bank Vice President for Private Sector, Infrastructure, and Industrialisation, Solomon Quaynor, underscored the need for strong partnerships to address infrastructure gaps across Africa.

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