24 May 2016
The Minister of Transportation, Mr. Rotimi Amaechi, has said that the Nigerian Government will move focus of the transport sector from full government ownership and management to public-private partnership.
The Minister stated this on Monday, in a public hearing on the Nigerian Railway Authority Bill and the National Transport Commission Bill at the House of Representatives.
Representing the Speaker of the House of Representatives, Honourable Yakubu Dogara, the Chief Whip of the House, Honourable Ado Dogowa, praised the efforts of the Federal Government in the transport sector.
Head officials revealed information from the Transportation Ministry, that the nation needed $166 billion in a span of five years to meet its infrastructural needs in the energy and transport sectors.
The Chairman, House Committee on Land Transport, Honourable Aminu Isa, explained that the hearing on the two bills would help to enact and establish the Acts.
The public hearing is expected to guide the committee and serve as a means of gathering the views of Nigerians on the bills before it is passed into law. The two bills are meant to help Nigeria’s transport sector and put in place, legal framework to enhance public-private partnership in the sector.