ICRC hails SIFAX for compliance with terms of concession agreement

The management of SIFAX Group on Friday said it has been hailed for its level of compliance with terms of agreement in the concession agreement.

SIFAX Group Manager, Corporate Affairs of the conglomerate, Mr. Muyiwa Akande made this known in a chat with our correspondent in Lagos.

According to him, the management of ICRC had visited SIFAX facility in Tincan Island as part of the commission’s 2020 Compliance and Performance Monitoring of public, Private Partnership projects.

According to Akande, the team of ICRC was led by Dr. Jobson Oseodion Ewalefoh, Director, Contract Compliance.

The statement read, “This is to inform you that the executive management team of the Infrastructure Concession Regulatory Commission(ICRC), has visited SIFAX Group as part of its 2020 Compliance and Performance Monitoring of Public-Private Partnership (PPP) Projects to Tin Can Island Terminals.

“At the visit, the ICRC management team led by Dr. Jobson Oseodion Ewalefoh, Director, Contract Compliance, ICRC, hailed SIFAX Group for its level of compliance with the terms of agreement stated in the concession agreement.

“He noted that from the assessment of the team, SIFAX Group has scored well on the checklist of the Commission,” the statement concluded.