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Citing lack of due process, the Nigerian Senate on Tuesday commenced investigation into the concession of Eastern and Western rail lines to General Electric (GE).
According to the Senate, the contract entered into with the United States Company did not follow due process.
In a motion entitled: ‘urgent need to investigate the granting of concession of the western (Lagos-Kano) and Eastern (Port Harcourt-Maiduguri) rail lines to General Electric, Senator Bassey Albert said: “The Senate is convinced that the Ministry of Transport has violated the provisions of the Public Enterprises (Privatisation and Commercialisation) Act, 1999 by unilaterally engaging the General Electric for the concession of the western (Lagos-Kano) and eastern (Port Harcourt-Maiduguri) rail lines”.
He explained that the Public Enterprises (Privatisation and Commercialisation) Act, 1999 established the National Council on Privatisation and the Bureau of Public Enterprises for the purpose of privatisation of public enterprises.
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