The Senate on Tuesday constituted a seven-member ad-hoc committee to probe into why the $18.5billion Abuja Centenary Economic City project has not been completed 10 years after.
The committee was also saddled with the responsibility of reviewing the original public-private partnership agreement and recommending amendments, if necessary, to facilitate the smooth and expeditious completion of the project within a defined timeframe.
The Senate also urged the federal government to prioritise the revival of the Centenary City project by providing appropriate support.
It also urged the government to resolve regulatory issues and address any other impediments, given its beneficial potential to the economy and people of Nigeria after 10 years of stalled progress.
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The resolutions of the Senate was sequel to its consideration of a motion titled, “Urgent need to revive and complete the stalled Centenary City Project, to realise its economic and development potential” during plenary.
The motion was sponsored by the Deputy Senate Leader, Senator Ashiru Yisa (APC – Kwara South).
