Monday, December 03, 2018

Yayi 2019: Senator explains why NASS is probing sale of Etisalat – ITREALMS

The Senator representing the Lagos State West Senatorial district, Solomon Olamilekan Adeola, aka Yayi has explained why he sponsored the motion to investigate the near-collapse of former Etisalat, a mobile network operator (MNO), now trading as 9mobile, following the operators inability to repay multi-million dollar loan, reports ITREALMS.

Disclosing this to ITREALMS at the weekend during when 2019 campaign train stopped over at the Lagos State Council of Nigeria Union of Journalists (NUJ) at a forum tagged Meet the Press Forum, Senator Adeola, said the motion became imperative because Nigerians have vested interest in the telecommunications companies existence and have invested heavily since it began operation in the country over eight years ago.

This, ITREALMS gathered is coming as the bills for upgrading of Yaba College of Technology, Yaba-Lagos and Federal Polytechnic Ilaro, Ogun State to degree-awarding universities of technologies, have passed first readings respectively.

He told ITREALMS led to the ongoing investigations by a Senate Committee on Banking and Financial Institutions.

Adeola, who also is the pioneer chairman of Senate Ad Hoc Committee on Local Content, told ITREALMS that he sponsored the motion to “investigate Revenue Generating Agencies over alleged leakages non-remittances and misuse of generated revenue by MDAs.”

Additionally, he sponsored motion for legislative investigation of “Local Content Elements and Cost Variation of the Egina Oil Field Project and other Related Matters.”

“It’s noteworthy that all these motions led to Senate resolutions for investigations to expose corruption or inefficiency which indeed is the hallmark of the role of a legislator in oversight duties,” he declared.

According to the Senator, he had sponsored some 15 bills in the last three years including the two seeking to upgrade Yaba Tech and Federal Polytechnic Ilaro to universities of technologies among others.

“So far, I have single handedly introduced 15 bills to the 8th Senate while co-sponsoring many others including the passed, ‘Sexual Harassment Bill and Special Status for Lagos Bill,’” he said.

Remmy Nweke/ED, Ops

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