Wednesday, 9 November 2016

Senate Probes Amaechi over Rail Lines Concession to U.S. Firm





The Senate yesterday resolved to probe the Minister of Transport, Rotimi Amaechi over the process of the concession of Port Harcourt-Maiduguri and Lagos-Kano rail lines to a U.S. conglomerate, General Electric (GE).

The Senate adopted a motion sponsored by Senator Bassey Albert Akpan (PDP, Akwa-Ibom North East) titled “Urgent need to investigate the granting of concession of the western (Lagos-Kano) and eastern (Port Harcourt-Maiduguri) rail lines to General Electric, a U.S. company.”


The lawmakers asked the committees on Privatisation, Land Transport, Finance, Anti-Corruption and Financial Crimes, Special Duties, Trade and Investment and Judiciary to investigate the procedure adopted in the engagement of General Electric for the concession of the rail lines.

Akpan quoted Amaechi in an interview in June this year where he allegedly announced Nigeria’s $2 billion engagement with GE on the concession of western and eastern rail lines – Lagos to Kano and Port Harcourt to Maiduguri.

He explained that the minister violated the Public Enterprises (Privatisation and Commercialisation) Act, 1999 establishing the National Council on Privatisation and the Bureau of Public Enterprise (BPE).
In a related development, the Nigeria Union of Railways Workers (NUR) yesterday protested against the plan by the Federal Government to concession the nation’s 3,505 km narrow-garage track railways system to GE without paying the workers their entitlement.

During the protest in Lagos, the Secretary General of the union, Segun Esan said: “We are not against the privatisation of railways if the citizens are assured that it is the best thing for them at this time to boost the nation’s economy. But all we are asking for is to pay the workers off before handing over to GE.”

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