The House of Representatives resolved on Thursday that has passed a vote of no confidence in the Minister of Mines and Steel Development, Dr. Kayode Fayemi, it would no longer accord him the recognition of addressing him as ‘honorable minister.”
The lawmakers also noted that in other climes, passing a vote of no confidence in a minister was enough grounds for the President to sack him, adding that the House did not need to stress it.
In a resolution in Abuja, the House observed that Fayemi’s decision to engage PricewaterhouseCoopers, a “globally discredited” firm, to conduct a technical audit on Ajaokuta Steel Company, meant that he was bent on concessioning the firm.
To stop Fayemi, the House proposed to amend the Privatisation Act immediately by expunging ASC from the list of public assets in the schedule that can be privatised or concessioned by the Federal Government.
It also sought to further amend the Act by removing the powers of the National Council on Privatisation as the authority to decide on which firms should be on the schedule.
Newsflash Nigeria is an online newspaper that is developed and written exclusively for Nigerians. It’s packed with up-to-the-minute Local and National Economy News, Share & Capital Market, Health, Sports, Education, Technology, Business and Opinions.
To make further advert enquiries or place an order, please contact us at flashnewz247@gmail.com and +2348053316946 and WhatsApp number 08033546732
FOLLOW US ON GOOGLE
