Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,156,477 members, 7,830,394 topics. Date: Thursday, 16 May 2024 at 09:08 PM |
Nairaland Forum / Nairaland / General / Politics / Rail Contract: Senate Probes Amaechi (571 Views)
Senate Probes Scarcity Of Lower Naira Denominations / Senate Probes Buhari, Obasanjo, Yar’adua, Jonathan Over N4tr Customs Revenue / Senate Probes NNPC, NPDC Over Unremitted $5.584bn.. (2) (3) (4)
(1)
Rail Contract: Senate Probes Amaechi by aboy247: 8:45pm On Nov 08, 2016 |
The Senate on Tuesday began a probe into the concession of the Easter and Western Rail Lines to General Electric, a United States company, without following due process. The lawmakers made the move following a motion moved by Senator Bassey Albert (Akwa-Ibom North-East), titled, ‘Urgent Need to Investigate the Granting of Concession of the Western (Lagos-Kano) and Eastern (Port Harcourt-Maiduguri) Rail Lines to General Electric, a US Company.’“The Senate is convinced that the Ministry of Transport has violated the provisions of the Public Enterprises (Privatisation and Commercialisation) Act 1999 by unilaterally engaging the General Electric for the concession of the Western (Lagos-Kano) and Eastern (Port Harcourt-Maiduguri) rail lines as evident from the above facts,” he stated while moving the motion. Albert recalled the Senate noted that the Public Enterprises (Privatisation and Commercialisation) Act 1999 established the National Council on Privatisation and the Bureau of Public Enterprise for the purpose of privatisation of public enterprises. He noted that the BPE and the Nigeria Infrastructure Advisory Facility, upon the approval of the NCP in April 2015, developed a road map for the concessio of the Western (Lagos-Kano) and Eastern (Port Harcourt-Maiduguri) rail lines, “despite the fact that the Nigerian Railway Corporation Act did not envisage a concession of the corporation until recently amended.” Source: http://nigerianewstoday.com.ng/rail-contract-senate-probes-amaechi/ |
Re: Rail Contract: Senate Probes Amaechi by beejayio(m): 8:48pm On Nov 08, 2016 |
Re: Rail Contract: Senate Probes Amaechi by Mynd44: 9:10pm On Nov 08, 2016 |
(1)
BREAKING: Jegede Wins At Appeal Court, As Court Floors Abang's Judgement / Confusion As Chief Of Staff Falls Critically Ill / Why El-rufai Is At War With Imn.
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 7 |