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.
Signed:
Dr. Ezrel Tabiowo, FAI, FIMC, CMC,
FCP, Fsca
Special Assistant (Press)
To President of the Senate
Wednesday, June 22, 2022.