A bill sponsored by Senator Andy Uba, the National Transport Commission Bill 2015 has today passed the third reading in the Senate.
The bill which, seeks to establish a national commission that will regulate transportation in Nigeria is set to be transmitted to the President for assent.
Essentially, the main objective of the bill is “to provide an efficient economic regulatory framework for the transport sector, mechanism for monitoring compliance of government agencies, transport services providers and users in the regulated transport industry with relevant legislation and to advise government on matters relating to economic regulation of the regulated transport industry."
The transformation is also aimed at cost saving, avoidance of duplication of agencies and easy adaptability among others.
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