HOUSE OF REPRESENTATIVES GIVES 7 DAY ULTIMATUM TO NRC TO SUBMIT ALL PPP DOCUMENTS 05-12-24
By Sadiq Aminu The House of Representatives has given 7-day ultimatum to the Nigerian Railway Corporation, NRC to submit all relevant documents on all current Public-Private-Partnership, PPP, by the corporation.
The House Committee on Public Asset and Special Duties, gave the directive during public hearing on the need to investigate and assess the performance of PPP programmes and concession by Government agencies.
The Chairman of the committee, Ademorin Kuye explained that the ultimatum became necessary following failure of the corporation to submit the documents as earlier requested.
He said that all documents on all agreements related to each asset of PPP and programmes, concessions, lease agreements with commencement date should be submitted.
Mr. Kuye said that documents on evidence of remittances to the Special Concession Account, income profile from PPPs/Concession/Lease, and specific achievements recorded by the period under reference should be tendered.
While Responding to the observationd by the Committee, the acting Managing Director of NRC, Mr Benjamin Iloanusi apologized to the committee for not submitting all the required documents earlier.
He blamed the failure on miscommunication saying that they submitted documents in accordance to the earlier letter received.
Mr. Iloanusi, however, appealed for some time to enable the corporation submit detailed documents as requested by the committee.