Speaker of the House of Representatives has expressed concern over the abandonment of federal government-owned properties spread across the country.
Speaking while inaugurating an adhoc committee of the House to probe into the issue, he said the country which is contending with reverses in its fortune can no longer afford to allow such wastages.
According to him: “Our country presently faces a myriad of challenges on multiple fronts. We have a public health emergency; unlike anything, we have ever seen before
At the same time, the drop in oil prices, our most valuable commercial export product, has left us with an economy in severe decline and a government on the brink of failing to meet our obligations to the people we serve.
“The existence of abandoned government property, valued in the hundreds of billions, left to deteriorate should trouble all our consciences.
” These projects are a visual manifestation of the excesses and failure to plan effectively and efficiently execute that has hampered our national growth and development for many years. ”
The Speaker charged the committee to account for investments on the assets and come up with a plan to put them into good use in the interest of all our citizens.