Rotimi Amaechi The minister of transport has urged the National Assembly to pass the proposed National Transport Commission bill into law so that the private sector can operate and manage trains, rolling stock as well as their own tracks.
Speaking to the joint members of the National Assembly, who were on
oversight function at the ministry of transport on Monday, the minister
said the bill, when passed, will replace the 1955 NRC Act and enable the
separation of operator from regulator.The minister also explained that in order to free the existing narrow
gauge tracks from its sub-optimal conditions occasioned by
underutilisation of its installed capacity and put it on the path of
becoming the desired enabler from growth in Agro allied, mining and
industrial manufacturing sector, the 3,505km comprising Lagos -Kano,
Port Harcourt-Maiduguri and Zaria-Kaura Namoda narrow gauge rail system
have been slated for concession to a consortium of international
reputable operators led by General Electric (GE) of the US.While enumerating some of the activities of the ministry in
this year, Amaechi further said the Nigeria Railway Corporation has
completed the rehabilitation of Western line Lagos to Kano and the
Eastern railway lines up to Gombe. Also, he said the federal government has signed the contract for the
construction of Calabar-Port Harcourt rail line; while the
Warri-Ajaokuta-Baro-Abuja central railways have been properly placed on
the part of Public Private Partnership. He explained that when this arrangement comes through after being
subjected to the Infrastructure Concession Regulatory Commission’s
evaluation and due process, it will draw a minimum of US$3billion in
investment for Nigeria. While responding to the ministry, the chairman, senate committee on
Land Transport, Senator Olugbenga Ashafa said the committee is keen on
scrutinising the capital expenditure and budgetary performances of the
ministry. He however, berated the ministry for failing to provide advance
information on budgetary performance before the visitation proper, which
would have given the committee opportunity to do diligent work before
visitation.
No comments:
Post a Comment