The House of Representatives Committee investigating Public-Private Partnership and Concessions programmes has threatened to cancel all leases and concessions in the Federal Ministry of Transport. Rep. Ademorin Kuye, Chairman of the House Committee on Public Assets, made this known when the delegation from the Federal Ministry of Transport, led by the Permanent Secretary, Pius…
He stated that the PPP and concessions agreements of the Nigeria Railway Corporation and the Railway Property Management Company Limited might be cancelled due to non-compliance with existing laws. The committee, in its resolution, invited the Minister of Transport, the Chief Executive Officer of Nigeria Railway Corporation, and other relevant organizations to appear at their next sitting.
He noted that improper management of government assets through Public-Private Partnership and Concessions has been one of the major challenges in infrastructure development. The House of Representatives Committee investigating Public-Private Partnership and Concessions programmes has threatened to cancel all leases and concessions in the Federal Ministry of Transport. Rep. Ademorin Kuye, Chairman of the House Committee on Public Assets, made this known when the delegation from the Federal Ministry of Transport, led by the Permanent Secretary, Pius…