Fidelity bank card banner Camano banner
NESG commends Saraki over passage of railway bill

By Mayowa Okekale, Abuja on 29/07/2016

Views: 1,131


The Nigerian Economic Summit Group (NESG) has commended the Senate President, Dr. Abubakar Bukola Saraki, for his “leadership and unflinching commitment” that led to the recent passage of the Nigerian Railway Corporation (NRC) Bill, by the Senate.

Chief Executive Officer (CEO) of the NESG, ’Laoye Jaiyeola, who made the assertion in a letter of commendation to the Senate President, dated July 22, 2016, specifically appreciated the Senate for the accelerated consideration and passage of the NRC Bill.

Jaiyeola noted that the passage of the Bill “marks a very significant milestone in Nigeria’s history and further demonstrates the role of our legislature in the nation's economic development.”

He expressed hope that the Bill would mark the first journey that the private sector and the legislature under the National Assembly Business Environment Roundtable (NASSBER) have commenced to improve Nigeria's business environment.

The letter entitled: “Passage of the Nigerian Railway Corporation Act 1955 Repeal and Re-enactment Railway Bill, 2016” reads in part: “On behalf of our partners in the National Assembly Business Environment Roundtable, Nigerian Economic Summit Group, UK Department for International Development’s ENABLE II programme and Nigeria Bar Association’s Section on Business Law, I write to congratulate and express our deep appreciation to the Senate of the Federal Republic of Nigeria, for successfully passing the Nigerian Railway Corporation Act 1955 Repeal and Re-enactment Railway Bill, 2016.

“This definitely marks a very significant milestone in Nigeria's history and further demonstrates the role of our legislature in the nation's economic development. This Bill provides for the procurement of private sector participation in Railway Services, provide for the regulation of the railway sector, promote the efficient and sustainable development and operation of the railway sector and facilitate the development of competitive markets for services in the railway sector.

“Your Excellency, we commend your leadership as well as your unflinching commitment to the entire process that led to the passage of the Bill. You will recall that we presented the Final Report of the Comprehensive Review of the Institutional, Regulatory, Legislative, and Associated Instruments Affecting Business in Nigeria on February 29 this year, which listed this particular Bill as one of the priority legislations.

“Thereafter, you declared the Inaugural National Assembly Business Environment Roundtable event open on March 21 in the New Senate Building. We subsequently made a presentation to the Public Hearing on the Bill and were later invited to serve in the Technical Committee by the Senate Committee on Land Transport to work with it in reviewing the Bill. We express our immense gratitude to you for ensuring that this partnership has been sustained.

“It is indeed our expectation that the passage of this Bill marks the first journey that the private sector and the legislature under NASSBER have commenced to improve Nigeria’s business environment,” it added.

•Photo shows Senate President Saraki.

Source News Express

Posted 29/07/2016 2:42:12 PM

 

 

CLASSIFIED ADS

 

You may also like...
Shehu Sani shares Sallah camels, explains 2019 guber...

HURIWA begs Senate to confirm human rights’ chief...

NHRC handles 100 child abuse cases in Kaduna...

Tension at PDP Convention as voting for presidential...

Tinubu commiserates with Shagari Family, says late President...

Chaaii, Xmas sisi dem don full every wia...

Kaduna to demolish houses built under high-tension lines...

Protesting Abia pensioners block federal road, berate Governor...

Buhari orders MDAs to appear before National Assembly...

10,000 youths to benefit from CBN Anchor Borrowers...

Railway union okays reconstituted Council on Privatisation

Ambode speaks on defection rumours

 

Latest News Four policemen dead in bomb attack, six others wounded Why we got into trouble in 2019 elections — Nigerian Army Many feared dead as herdsmen attack Jalingo Disagreement stops inauguration of Edo Assembly Banditry: Zamfara Governor meets security experts in Dubai Group lambasts EFCC, Nigeria Prison Service over escape of convicted police pension thief LASTMA goes tough, begins N200,000 penalty regime Kwara Poly staff, students protest appointment of Rector, Registrar Your second term is for a purpose, Bishop tells Fayemi Guber election: Kogi East elders reject Wada, Idris; prune aspirants from 40 to six Ganduje orders probe of missing N6.8m allegedly swallowed by gorilla Lagos Police raid cultists’ hideouts; arrest 39, recover dangerous firearms

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (494,338 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (425,428 views) Shameless Genevieve Nnaji exposes breasts in public (365,221 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (311,861 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (276,155 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (243,942 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (233,891 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (215,809 views) 10 cars more expensive than Jets (212,557 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (204,382 views) Lagos plane crash: Journalist releases victims’ names (184,472 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (183,810 views)

 

NNPC Financial reports February 2019

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (93) Business & Economy (4,308) Business Verdict (73) Columnists (1,051) Complaints & Requests (95) Enterprise & Opportunities (209) Entertainment (623) Features (761) Global Business Monitor (379) ICT Monitor (53) International (3,596) Interview (184) Live Commentary (30) Love Matters (162) Maggie's Blog (302) News (47,430) Opinion (1,260) Pidgin (17) Politics (11,024) Religion (1,022) Sports (2,043) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera