FG unveils panel to review $200bn proposed integrated gas, power and High-speed Rail projects
The Secretary to the Government of the Federation Sen. George Akume has inaugurated a high-level technical committee to critically review the proposed $200 billion Integrated Gas, Power and High-Speed Rail Project; an initiative that aims at revolutionising Nigeria’s infrastructure, bolstering economic growth and positioning the nation as a key player in the energy and transportation sectors.
A statement by the Head, Information and Public Relations to SGF, Chris Ugwuegbulam indicates that the importance of the project in significantly transforming Nigeria’s transport infrastructure to enhance economic and industrial growth.
It discloses that part of the mandate of the committee is to carefully examine all relevant documentation, verify claims made by the project proponents, review the technical, legal and environmental aspects of the proposal and provide objective, evidence-based recommendations to guide government decision-making.
The SGF urges members of the Committee to approach the assignment with professionalism, objectivity and patriotism and also engage with relevant stakeholders to ensure due diligence and compliance with international best practices.
The Technical Committee, which was chaired by the Permanent Secretary (Political & Economic Affairs Office), has the following membership: Permanent Secretaries from the Federal Ministry of Transportation, Ministry of Petroleum Resources, Federal Ministry of Finance, Federal Ministry of Justice, and Federal Ministry of Environment.
Other members include Infrastructure Concession Regulatory Commission (ICRC), Nigerian Electricity Regulatory Commission, Nigeria Communication Commission (NCC), Director-General, Nigeria Governors Forum, Cenral Bank of Nigeria (CBN), Nigerian Financial Intelligence Unit (NFIU), Economic and Financial Crimes Commission (EFCC), National Intelligence Agency (NIA
