Connect with us

NEWS

Reps Blasts FG Over Privatization Of National Assets, Stop Exercise

Published

on

The face-off between the National Assembly and the Executive arm of government escalated on Thursday as the House of Representatives accused the Muhammadu Buhari administration of engaging in “executive lawlessness and impunity”.

This is coming as the upper chambers ordered the Federal Executive Council to stop all concessions and privatization of national assets not approved by the National Council of Privatization (NCP).

The House specifically condemned the lack of due process by the Federal Executive Council (FEC) and violation of laws passed by parliament in approving the concessions and privatization of assets and directed its committees to investigate the matter and make recommendations to the House within two weeks.

The assets cited by the lawmakers include the engagement of Agip for the rehabilitation and operation of the Warri Refinery; concession of the Nigeria Railway Corporation (NRC) narrow gauge lines to G.E of USA; and the Federal Ministry of Aviation’s processes for the concession of four international airports, i.e Nnamdi Azikiwe International Airport, Abuja,  Murtala Mohammed International Airport, Lagos, Mallam Aminu Kano International Airport, Kano and Port Harcourt International Airport.

The decision of the House followed a motion sponsored by Mr. Mark Gbillah (APC, Benue) during plenary on Thursday, Orderpaper has reported.

Leading the debate, Gbillah argued that “despite the resolution of the House, the Federal Executive Council has without the NCP and BPE or compliance with due process, continued to make decisions on Privatization and Commercialization of public enterprises.

Advertisement
Article Banner

“That in the absence of a formally constituted and inaugurated National Council of Privatization, the Federal Executive Council in violation of the provisions of Section II of the Public Enterprises (Privatization and Commercialization) Act 1999 approved the concession of the Nigerian Railway Corporation narrow gauge lines to G.E of  United States of America and also the concession of four National Airports, namely: NnamdiAzikiwe International Airport, Abuja, Murtala Mohammed International, Airport, Lagos, Mallam Aminu Kano International, Airport, Kano and the Port Harcourt International Airport”

The lawmaker further argued that the non-adherence to provisions of the Acts of Parliament by the Federal Executive Council is “tantamount to executive lawlessness and impunity and the continued approvals for the concession of public enterprises in violation of section II of the Public Enterprises (Privatization and Commercialization) Act 1999 if not checked, will result in loss of investors’ confidence in the Federal Government’s privatization programme and encourage corruption and lack of transparency.”

Gbillah also disclosed that the Executive had continued with some of the concessions despite contrary directives from the House, stressing that “the House Committee on Privatization and Commercialization of the 8th Assembly investigated the attempt by the NNPC to engage investors to rehabilitate the three NNPC Refineries situated at Kaduna, Warri and Port Harcourt without the involvement of the Bureau of Public Enterprise or approval of the National Council of Privatization in violation of the provisions of the Public Enterprises (Privatization and Commercialization) Act 1999 and directed that the process be halted until the formal constitution and inauguration of the NCP for due process to be followed.”

Supporting the motion, Lego Idogbo, (PDP Cross River), stated “National Council of Privatization is the only body saddled with the responsibility; the Federal Executive Council has no power to usurp the power of the National Council on Privatization. We need to call the Executives to order”

The House unanimously adopted the prayers of the motion.

 

Advertisement
Article Banner

 

Continue Reading
Advertisement
Click to comment
FEATURED46 minutes ago

What to Know About ECOWAS  $65,000 startup award applications for Nigerian entrepreneurs

FEATURES5 hours ago

‎UK Court Jails Congolese Man for Life Over Killing of Nigerian Roommate

FEATURED18 hours ago

Delta Commissioner for Works, Izeze Suspended, Remanded in Prison Custody for Alleged APC Meeting Assault

Defense and Security18 hours ago

‘I Was Fighting for Nigeria’ — Colonel Accused of Tinubu Coup Plot Begs for Pardon

FEATURES23 hours ago

‎CAN to Jingir: Political Campaigning Shouldn’t Turn Into Religious Insults

ENTERTAINMENT1 day ago

‎Tonto Dikeh Launches ‘New Wine’ Spiritual Movement, Says It Is Not a Church

FEATURES1 day ago

Tinubu ‘Lives Modestly’, Walks to Office, Eats Once Daily — Revenue Boss

FEATURES1 day ago

Nigeria’s Census Bill Hits ₦219bn as Nation Still Relies on 2006 Population Figures

FEATURES1 day ago

Wike, Fubara Move to Bury the Hatchet as Governor Meets Reconciliation Team

FEATURES2 days ago

3 Arrested In Lagos For Allegedly Targeting VIS Van To Remove Brain-Boxes

FEATURED2 days ago

Okowa Urges APC Leaders Not to Sideline Critics, Calls for Reconciliation as Delta North Stakeholders Meet Ahead 2027 Polls

FEATURED3 days ago

Nigerian Law School Student Allegedly Takes Her Own Life in School Hostel – Zagazola Report

FEATURES3 days ago

Osun Election: Why Police Are Deploying 14,692 Officers Across 3,673 Polling Units

Defense and Security3 days ago

Benue Killings: Idoma Diaspora to Petition Trump, Seek US Congress Intervention

OPINION3 days ago

NO MORE FAKE FUEL PROMISES: TINUBU STOPPED THE BLEEDING, BY FESTUS GOZIEM OKUBOR

Advertisement
Advertisement

z

   


Article Banner