OrderPaperToday – The House of Representatives has inaugurated an adhoc Committee to investigate the status of abandoned properties belonging to the federal government of Nigeria in the 36 States and the Federal Capital Territory (FCT).
The Speaker, Mr. Femi Gbajabiamila while inaugurating the Committee on Tuesday urged it to to carry out a detailed assessment of all abandoned government investments across the country.
He further mandated the Committee to present a timely report which will form the basis of our engagement going forward, because according to him, “our country presently faces a myriad of challenges on multiple fronts. We have a public health emergency; unlike anything we have ever seen before. At the same time, the drop in oil prices, our most valuable commercial export product, has left us with an economy in severe decline and a government on the brink of failing to meet our obligations to the people we serve.
“The existence of abandoned government property, valued in the hundreds of billions, left to deteriorate should trouble all our consciences. These projects are a visual manifestation of the excesses and failure to plan effectively and efficiently execute that has hampered our national growth and development for many years.
The ad-hoc committee is chaired by Mr. Ademorin Kuye (APC, Lagos)