the Federal Government is set to privatise
the nation’s transport sector.
Minister of Information, Labaram
Maku announced this after the weekly Federal Executive Council meeting earlier today.
He explained that the new policy will help remove the legal bottlenecks associated with private sector involvement in transport and provision of infrastructures
Maku said government was therefore
proposing four bills, namely: the National Transport Commission Bill (2014);
Nigeria Railway Bill (2014); Nigerian Ports and Harbour Authority Bill (2014);
and National Inland Waterways Authority Bill (2014)
The
Information Minister explained that government can no longer fund all the
sectors of the economy, adding that government will deepen reforms in the transport
and other sectors of the economy.
Maku said a Committee headed by the Minister of
Justice, Muhammed Adoke , will finalise the Bills, which will soon be forwarded
to the National Assembly for consideration.
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