— Jun 11,
2016 4:09 am
of Representatives has inaugurated a Technical Advisory Committee (TAC) on the
Nigerian Railway Authority Bill 2015 and the National Transport Commission Bill
the committee yesterday in Abuja, the Chairman, House of Representatives
Committee on Land Transport, Engr. Aminu Sani Isa said the Technical Committee
is a bold step by the House in joining hands with critical stakeholders in
assuring that Nigeria changes through the passage of reformative laws that
would open the transportation industry to wider participation.
that at the public hearing of the two bills, over 20 memoranda were received
from stakeholders reflecting a depth of passion and a desire by Nigerians for a
change in the transport sector.
expressed sadness that for over 55 years of independence, the nation has no
railway system of any note.
that the transport sector failed to grow with Nigeria because of inherent
structural problems and other factors.
billions of tax payers’ money had been spent on railway by successive regimes,
the Nigerian Railway Corporation according to Isa still needs more funds for
which government has realised that the private sector must be actively engaged.
Nigerian Railway Authority Bill 2015 seeks to repeal the existing Nigerian
Railway Corporation Act and enact the Nigerian Railway Act. It creates the
Nigerian Railway Authority as a successor in title to the Nigerian Railway
Corporation. It recognises the National Transport Commission as the independent
economic regulator for the railways, while retaining the technical and safety
regulation in the Nigerian Railway Authority.
recognises the power of State governments to develop railways.
National Transport Commission Bill 2015 seeks to establish a single multi modal
economic regulator for the transport sector to be known as the National
Transport Commission, to provide a mechanism for monitoring compliance of
government agencies and operators in the regulated transport industry with the
relevant legislation and to advise government on matters relating to regulated
transport industry economic regulation,” Isa said.