The Senate has yesterday constituted a seven-man ad-hoc committee to probe into how the $18.5billion budgeted for Abuja Centenary Economic City project has not been able to complete the project after 10 years. The committee was also tasked to extend their investigation into reviewing the original public-private partnership agreement and recommending amendments, if necessary, to facilitate the smooth and expeditious completion of the project within a defined timeframe.
The Senate also urged the federal government to prioritise the revival of the Centenary City project by providing appropriate support.
It also urged the government to resolve regulatory issues and address any other impediments, given its beneficial potential to the economy and people of Nigeria after 10 years of stalled progress.
The resolutions of the Senate was sequel to its consideration of a motion titled, “Urgent need to revive and complete the stalled Centenary City Project, to realise its economic and development potential” during plenary.
The motion was sponsored by the Deputy Senate Leader, Senator Ashiru Yisa (APC – Kwara South).
