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Nairametrics

Here are 8 bills that will ‘impact on the economy’ if passed – BPE

Nairametrics by Nairametrics
March 11, 2015
in Uncategorized
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The Bureau of Public Enterprises (BPE) has said the  quickly passage of its  eight  bills into law by the National Assembly would have a positive impact on the Nigerian economy.

The Director-General,  Benjamin Dikki  applauded the Federal Executive council for hastening the transmission of the eight reform bills to the National Assembly for passage.

BPE’s Head, Public Communications, Chigbo Anichebe,  In a statement  listed the bills as; 

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1.Railway Bill,
2. Inland Waterways Bill,
3.Ports and Harbour Bill,
4.Federal Roads Authority Bill,
5.National Roads Fund Bill,
6.National Transport Commission Bill, 7.Competition and Consumer Protection Bill
8.Postal Sector Reform Bill.

While exchanging views about the reforms bill during donor agencies coordination meeting on infrastructure and Public Private Partnership (PPP) with the Nigeria Regional Office of the African Development Bank (AFDB) Group in Abuja on Monday, Dikki,  expressed the hope that with the necessary stakeholders’ engagement, the Bills would be passed within the current legislative year.

He said the purpose of the Bills among others, include the abrogation of existing monopoly laws and to liberalise the various sectors to allow private sector participation, ensure a conducive business climate to encourage private investment, promote competition and institute a sound legal and regulatory framework that would ensure independent regulation.

The Nation

Tags: News Review
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Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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