Skip to content
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
Watch Online
  • Home
  • National News
  • Reps invite NNPC, NPA, NIMASA others over PPPs, concessions
  • National News

Reps invite NNPC, NPA, NIMASA others over PPPs, concessions

Admin March 1, 2024
House of Representatives

House of Representatives

March 1, 2024

The House of Representatives has invited the Chief Executive Officers of Nigerian National Petroleum Company (NNPC) Ltd, Nigerian Port Authority (NPA) over the management of Public Private Partnerships, PPPs and Concessions since 1999.

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

Also summoned include: the Federal Airports Authority of Nigeria (FAAN) and Ministry of Agriculture, Federal Housing Authority (FHA), Nigerian Maritime Administration and Safety Agency, (NIMASA)

Others include: Bureau of Public Enterprises (BPE) Transition Company of Nigeria (TCN) Nigerian Upstream Petroleum Regulatory Commission (NUPRC) National Inland Waterways Authority (NIWA)among others.

Rep. Ademorin Kuye, the lead chairman of the investigative hearing said the invitation became necessary in view of the need to meticulously evaluate the performance of PPP programmes and concession. agreement.

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

Kuye said that “PPPs initiatives and concession agreements were envisioned as beacons of innovation and efficiency, adding that it was aimed at propelling Nigeria to new heights of development for global competitiveness.

According to him, they promised not just roads, bridges, buildings, power, transportation, aviation, resources and solid minerals, but education, energy, mineral framework for sustainable growth and public welfare.

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

He restated government commitment to ensure that public assets and public – private partnerships operate within the frameworks of integrity and delivered value to every Nigerian.

He said, “We are not here to cast aspirations but to foster a climate of improvement.”

According to him, the investigation will cover the gamut of 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 was sequel to the House resolution in February. (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: FAAN FHA NIMASA NIWA NNPC NPA NUPRC

Post navigation

Previous Abia govt relaunches Social Identification Number, to begin March 2
Next Obasanjo’s ex-minister files N1bn suit against EFCC for declaring him wanted

Related Stories

FCCPC Seals Abuja Real Estate Firm Over Undelivered N140m Duplex
  • National News

FCCPC Seals Abuja Real Estate Firm Over Undelivered N140m Duplex

November 13, 2026
Court Admits Supreme Court Judgment on Forfeited Properties in Emefiele’s $4.5bn Trial FG vs ASUU
  • National News

Court Admits Supreme Court Judgment on Forfeited Properties in Emefiele’s $4.5bn Trial

November 13, 2026
Ebola: 62 contacts complete monitoring without secondary transmission federal capital territory
  • National News

Ebola: 62 contacts complete monitoring without secondary transmission

November 13, 2026

You may have missed

FCCPC Seals Abuja Real Estate Firm Over Undelivered N140m Duplex
  • National News

FCCPC Seals Abuja Real Estate Firm Over Undelivered N140m Duplex

November 13, 2026
Court Admits Supreme Court Judgment on Forfeited Properties in Emefiele’s $4.5bn Trial FG vs ASUU
  • National News

Court Admits Supreme Court Judgment on Forfeited Properties in Emefiele’s $4.5bn Trial

November 13, 2026
Ebola: 62 contacts complete monitoring without secondary transmission federal capital territory
  • National News

Ebola: 62 contacts complete monitoring without secondary transmission

November 13, 2026
Yiaga Africa: Youth participation in 2027 elections declines by 20%
  • National News

Yiaga Africa: Youth participation in 2027 elections declines by 20%

November 13, 2026
  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Politics
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Business & Economy
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
Copyright © All rights reserved. | DarkNews by AF themes.