Emir Sanusi to FG: Don’t privatise transport infrastructure
The Emir of Kano, Muhammadu Sanusi II, has warned the government against the temptation of out-rightly selling of critical government transportation infrastructure across the country citing security concerns and economic loses as likely consequences of doing so.
In the wake of inefficiency and lack of sufficient government investments into critical transportation infrastructure like highways, railways, airports and seaports, the government has being considering selling off some of its transports assets to private sector investors.
The emir in his keynote address yesterday at the Federal Ministry of Transportation stakeholders workshop on ‘road transport management and mass transit operations in Nigeria’ in Abuja yesterday said whilst private sector capital is necessary to close the gap in transportation infrastructure deficit, the government must retain ownership while allowing windows for the private investors top recoup their investments plus interests.
“Critical transportation infrastructure like roads, rails, sea ports, airports must belong to the public while allowing private investors to recoup their investments. That balance is critical in going into partnerships and negotiations. “
Also speaking, the Minister of Transportation, Mr. Rotimi Amaechi decried lack of a workable transportation policy in Nigeria and challenged participants to evolve a workable document at the workshop.
He also tasked the workshop to redefine mass transit operations in Nigeria, short medium and long term policies to address challenges in the road transport segment and evolve mechanisms for nonmotorized transport systems like cycling and walking.