REPS EXTEND INVESTIGATION INTO AIRPORT AND SEAPORT CONCESSIONS

The House of Representatives has extended its ongoing investigation into the concession agreements involving airports and seaports across Nigeria.

Lawmakers said the extension became necessary to allow for a more comprehensive review of documents, stakeholder submissions, and operational arrangements linked to the concessions.

According to the committee handling the probe, the investigation is aimed at ensuring transparency, accountability, and compliance with established legal and regulatory frameworks.

The lawmakers noted that airport and seaport concessions play a critical role in infrastructure development and economic growth, making it important to assess whether the agreements serve the public interest.

Stakeholders from government agencies, concessionaires, industry groups, and regulatory bodies are expected to continue providing relevant information to assist the investigation.

Members of the House stressed that the exercise is not intended to discourage private sector participation but to ensure that concession arrangements deliver value, improve service delivery, and protect national assets.

Industry analysts say the outcome of the probe could influence future infrastructure partnerships and investment decisions within the transport sector.

The committee reaffirmed its commitment to conducting a thorough and objective review before presenting its findings and recommendations to the House for further consideration.