Zamfara Assembly passes bill on investment, PPP

Zamfara Assembly passes bill on investment, PPP
Gov Matawalle

The Zamfara house of assembly has passed a bill to establish the Directorate of Investment and Public Private Partnership law in the state.

This was contained in a statement issued in Gusau on Wednesday by the Director General, Press and Public Affairs to the house, Malam Mustafa Jafaru-Kaura.

Jafaru-Kaura noted that the bill scaled its third reading at the assembly’s plenary after the Chairman of the house Committee on Commerce and Industries, Mansur Dakitakwas (APC, Gumi 1 constituency), presented a report on the bill before the house.

Dakitakwas noted that the bill was first mentioned on the floor of the house on Wednesday 26th February, 2020, and scaled through the second reading on 11th February, 2021, almost a year interval between first and second readings and was sent to the assembly’s committee on commerce and industry for scrutiny.

“We consulted widely with all the relevant stakeholders by putting into accounts positive contributions of members during the second reading of the bill to really justify the need to have this bill passed by this house.

“After careful considerations, we come up with some far reaching recommendations that when dully followed will pave the way for a legal framework to local and international investors to invest freely without any hitch for the bounties of economic and mineral deposits endowed in the state”, the lawmaker said.

He called on the members of the house to support the passage of the bill without further delay considering its benefits to the state.

The Speaker, Nasiru Magarya, ordered the clerk of the house, Alhaji Sa’idu Anka, to give the bill its third reading.

Magarya commended the committee on commerce and industries for their hard work.

“With this development, the state is now set to receive and accommodate local and international investors who are willing to come and invest in the state,” Magarya said..

The Speaker also appealed on the federal government to consider lifting the ban on mining activities in the state.

-NAN

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