Senate passes Public Private Partnership Regulatory Commission Bill

Date:

By Ikechukwu Okaforadi

The Senate has passed the Public Private Partnership Regulatory Commission Bill, 2022.

Also passed was the Chartered Institute of Electrical and Electronic Engineering  of Nigeria (Establishment) Bill, 2022.

The passage of both bills, on Wednesday, was sequel to the consideration of two separate reports by the Committees on Works; and Establishment and Public Service.

Senator Emmanuel Yisa Orker-Jev (PDP, Benue North-West), in a presentation delivered on behalf of the Chairman, Committee on Establishment and Public Service, Ibrahim Shekarau (Kano Central), who was absent during plenary, said the Chartered Institute of Electrical and Electronic Engineering  of Nigeria (Establishment) Bill, 2022, seeks to provide the requisite legal and institutional framework for the Institute. 

READ MORE  Fake news, a serious threat to election process in Nigeria, INEC warns

He said that upon its passage and assent into law, the bill would provide the necessary legal regime for the effective specialisation, standardisation and professionalism of the field of engineering in Nigeria.

Meanwhile, the report on the Public Private Partnership Regulatory Commission Bill, 2022, was presented by Senator Adamu Aliero (Kebbi Central).

Aliero, in his presentation, said the bill seeks to strengthen and enhance the supervisory role of the Commission and effectively position it in regulating the participation of the public and private sectors.

The Commission’s scope, he added, would include the financing of construction, development, designing, operation or maintenance of infrastructure, service or development projects of the federal government through public private partnership arrangements.

READ MORE  Mutfwang Celebrates Birthday With Education, Infrastructure Overhaul

The Senate President, Ahmad Lawan, in his remarks on the Public Private Partnership Bill said, “We have so much Infrastructural deficit and yet we have very little resources to deal with our deficit.

“It is important that we diversify our sources of funding of our infrastructural development.

“This piece of legislation, will turnaround in a way, our approach to the development of our infrastructure in Nigeria.”

Both bills were passed by the Senate after a clause-by-clause consideration by the Committee of the Whole.

Never miss a moment! Get the stories shaping Nigeria, delivered straight to your phone. Follow Peoplesdaily Newspaper on WhatsApp for breaking news, exclusive reports, and the headlines everyone will be talking about, before anyone else.

READ MORE  Speaker of ECOWAS Parliament visits Senator Barau

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

Sokoto Police, ALGON, Judiciary Partner to Tackle Insecurity, Ensure Peaceful 2027 Polls

From Bashir Rabe Mani, Sokoto The Sokoto State Police Command,...

Police Arrest 46 Over Obstruction of Peter Obi’s Visit in Benue

...Insist prior notification was given From Uche Nnorom, Makurdi The Benue...

2027: Alia Confident of Re-election, Urges Issue-Based Campaigns

By Uche Nnorom, Makurdi Benue State Governor, Rev. Fr. Hyacinth...

Ex-Presidential Candidates Urge Tinubu to Restore Fuel Subsidy

The Association of Former Presidential Candidates has called on...