Lagos-Calabar Coastal Highway Project Not Okayed by NASS

today05/10/2024 5

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House of Representatives said yesterday that the controversial Lagos-Calabar coastal highway had no National Assembly’s approval.
In a motion, titled “Urgent need to investigate the procurement process and award of contract for the Lagos-Calabar Coastal Highway’’ by Austin Achado representing Benue State at plenary in Abuja, the award of the contract did not follow due process,m and did not get the approval of the National Assembly, hence the need to thoroughly investigate the procurement process of the contract.
According to the law maker, the House is disturbed that the contingent liabilities accruing to the Federal Government of Nigeria on this project violate the Debt Management Office (Establishment) Act of 2023, as Section 22(3) states that the minister shall not guarantee an external loan unless the terms and conditions of the loan shall have been laid before the National Assembly and approved by its resolution.
Recall that the project has generated a lot of controversies, with former Vice President, Atiku Abubakar, and Presidential Candidate of Labour Party in the 2023 election, Peter Obi, asking the Federal Government to come clean on the project.

Written by: bossgmsi

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