Senate passes Public Private Partnership Regulatory Commission Bill and more
Senate Passes Into Law Public Private Partnership Regulatory Commission Bill & More
The Senate on Wednesday, June 22, 2022 passed into law the Public Private Partnership Regulatory Commission Bill, 2022.
Similarly, the Chamber equally passed into law the Chartered Institute of Electrical and Electronic Engineering of Nigeria (Establishment) Bill, 2022.
The passage of both Bills was sequel to the presentation of two separate reports by the Committees on Works; Establishment and Public Service Matters before the Senate for consideration.
Sen. Emmanuel Yisa Orker-Jev (PDP, Benue North-West), while presenting the report on behalf of the Committee Chairman on Establishment and Public Service Matters, Sen. Ibrahim Shekarau (Kano Central), 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.
The lawmaker added that upon its passage and assent into law, the Bill would provide the necessary legal regime for the effective specialisation, standardisation and professionalism in the field of engineering in Nigeria. On receipt of the report, the Chamber resolved into the Committee of the Whole for the Bill’s clause by clause consideration.
Meanwhile, the report on the Public Private Partnership Regulatory Commission Bill, 2022, was presented by Sen. Adamu Aliero (Kebbi Central).
Sen. Aliero, said the Bill seeks to strengthen and enhance the supervisory role of the Commission and effectively position it to regulate the participation of the public and private sectors.
He noted that the Commission’s scope 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.
Senate President, Sen. Ahmad Lawan, in his remarks on the Public Private Partnership Bill, 2022 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 into law after their clause-by-clause consideration by the Committee of the Whole.
Dr. Ezrel Tabiowo, FAI, FIMC, CMC, FCP, Fsca
Special Assistant (Press)
To President of the Senate
Wednesday, June 22, 2022.