Just In : House of Reps summons Tinubu Minister, others over port concession
The panel said the poor handling of the concession process led to five companies operating for three years without renewing their operating licences.
The House of Representatives on Tuesday summoned the Minister of Blue Economy and Transport, Gboyega Oyetola, over the handling of concession of port infrastructure in the country.
Chairman of the House Committee on Privatisation and Commercialisation, Ibrahim Hamisu, said this at a meeting with the seaport terminal operators in Abuja.
He expressed reservations about the methodology used in the concession of the seaport terminals.
The others summoned were: the Managing Director of the Nigeria Ports Authority (NPA), Muhammed Koko, and the Director General of the Bureau of Public Enterprise, Mamman Ahmadu.
Also summoned was the Director-General of the Infrastructure Concession Regulatory Commission (ICRC), Michael Ohiani.
Mr Hamisu said the poor handling of the concession process had led to the five companies operating for three years without renewal of their operating licences.
He said this had resulted in the loss of huge revenue to the federal government.
He said there was a need to address the prolonged renewal process to attract investments into critical port infrastructure.
inauguration as minister
“From the brief we received from the affected parties and Ministries, Departments and Agencies (MDAs) involved in the process, we now understand what is happening.
“What is outstanding in concluding the process that started over five years ago is the execution of the negotiated Supplementary Agreements for the respective terminals.
“That is why we invited all stakeholders to see how we can work together to quickly address these concerns in the mutual and national interest,” he said.
(NAN)
