Tuesday, April 16, 2024

Reps summon NNPC, NPA, NIMASA, FAAN over PPPs, concessions

The House of Representatives has summoned the chief executive officers of the Nigerian National Petroleum Company (NNPC) and Nigerian Port Authority (NPA) over managing public-private partnerships and

• March 1, 2024
NNPC, BPE, NPA, NIMASA, FAAN, NUPRC, TCN
NNPC, BPE, NPA, NIMASA, FAAN, NUPRC, TCN

The House of Representatives has summoned the chief executive officers of the Nigerian National Petroleum Company (NNPC) and Nigerian Port Authority (NPA) over managing public-private partnerships and concessions since 1999.

The House of Reps joint Committee on Public Assets and Special Duties summoned the CEOs during an investigative hearing on PPPs and concessions in Abuja.

Also summoned are the Federal Airports Authority of Nigeria (FAAN) and Ministry of Agriculture, Federal Housing Authority (FHA), Nigerian Maritime Administration and Safety Agency (NIMASA), Bureau of Public Enterprises (BPE) Transition Company of Nigeria (TCN), Nigerian Upstream Petroleum Regulatory Commission (NUPRC) National Inland Waterways Authority (NIWA)among others.

Ademorin Kuye, the lead chairman of the investigative hearing, said the invitation became necessary to evaluate the performance of PPP programmes and concessions.

He added that this had been instrumental to the infrastructural landscape of Nigeria since 1999.

Mr Kuye said public-private partnership initiatives and concession agreements were envisioned as beacons of innovation and efficiency, adding that they were aimed at propelling Nigeria to new heights of development for global competitiveness.

“They promised not just roads, bridges, buildings, power, transportation, aviation, resources and solid minerals, but education, energy, a mineral framework for sustainable growth and public welfare.

“It is our responsibility and mandate to ascertain the extent to which they have honoured their promises, followed due process, laid down terms of operation and chart a course for their optimisation,” Mr Kuye said.

He restated the government’s commitment to ensuring that public assets and partnerships operate within the integrity frameworks and deliver value to every Nigerian.

According to him, the investigation will cover the sectors impacted by these PPPs, from the bustling transport hubs to the power plants, oil and gas, aviation, agriculture, etc.

The moves to investigate PPPs were sequel to the House resolution in February. 

(NAN)

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