Lawmaker Cherishes PPP Bill In Rivers

Chief Whip of the Rivers State House of Assembly, Hon Kamalu Isaac has listed some benefits of the proposed public-private participation bill on the floor of the house.
Hon Kamalu stated that the bill when passed into law will attract private investors to the state, as well as fast track employment generation.
The lawmaker stated this during the presentation of the State Public- Private Participation in infrastructural development bill 2009, amendment of the salaries, allowance and fringe benefits for certain political and public office holders in the State.
He maintained that the PPI bill would provide a clear, transparent, well defined legal, regulatory, and institutional framework, in order to enhance private investments, adding that, the bill would also strengthen human capacity development within the state.
He further explained that the bill when enacted into law will provide an enabling environment for private sectors that are ready to participate in infrastructural development as well as, with minimum effectiveness enlist financial, technical and operational benefit for the state.
The lawmaker also stated that the law would also provide a clear, transparent, as I well defined legal muscle with institutional framework to enhance private investments in the state.