The House of Representatives has today issued a 7-day ultimatum to the Nigerian Railway Corporation (NRC) to submit all relevant documents on all current Public-Private-Partnership (PPP) in the corporation.
Lead Chairman, joint House Committees on Public Assets and Special Duties, Hon Ademorin Kuye issued the ultimatum in Abuja during a public hearing on the need to investigate and assess the performance of PPP programmes and concession.
Kuye (APC-Lagos state) said that the ultimatum became necessary following the failure of the Corporation to submit the documents as earlier requested.
He said that all documents on all agreements related to each asset of PPP and programmes, concessions, and lease agreements with commencement dates should be submitted.
Hon. Kuye said that documents on evidence of remittances to the Special Concession Account, income profile from PPPs/Concession/Lease, and specific achievements recorded by the period under reference should be tendered.
The chairman asked the management to enter documents and evidence of advertisement of PPPs/concession/lease and expression of interests on the leases.
