Business
PPP: AfDB Promises Legal Expertise, Technical Structure
The African Development Bank (AfDB) has said that it would provide the legal expertise and technical structure for Public Private Partnership (PPP) projects in the country.
The bank’s country Director, Dr Ousmane Dore, made this known in an interview with newsmen in Abuja, yesterday.
Dore said that in most PPP arrangements, the public sector being the government, usually bore most of the risks in PPP, adding that “it’s not supposed to be’’.
He said that the AfDB had set up an advisory hub to develop the capacity needed for the government not to bear all the risk of PPP.
According to Dore, AfDB’s aim is to strengthen the delivery of infrastructure and public service for effective implementation of PPP programme through knowledge and technical skill enhancement.
“ You need to have the capacity expertise and this hub is going to be an advisory hub that will help strengthen the capacity of the government to undertake complex PPP arrangement.
“The hub will promote the application of global best practices through advisory support on projects and provide capacity and institutional development.
“It will also provide assistance to formulate government policy support and provide incentives to embark on projects and activities that can be made attractive to private sectors.
“It will work in the sense that we will be providing the expertise in terms of legal and in terms of technical structuring of this project,’’ he said.
Dore said that the bank had a legal facility that would be tapped into to bring in experts across the world where PPP had been successful.
“This will be providing support to the government and the PPPs set-up in the various MDAs to deliver an infrastructure project that is to the benefit of the people,’’ Dore said.
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Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
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