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The House of Representatives on Thursday stated that it would no longer accord the Minister of Mines and Steel Development, Dr. Kayode Fayemi, the recognition as an “honorable minister”.
The lawmakers stated they reached this resolution in view of the vote of no confidence they passed on the minister.
The lawmakers also noted that in other climes, passing a vote of no confidence in a minister was enough grounds for the President to sack him, adding that the House did not need to stress it.
In a resolution during plenary, the House observed that Fayemi’s decision to engage PricewaterhouseCoopers, a “globally discredited” firm, to conduct a technical audit on Ajaokuta Steel Company, meant that he was bent on concessioning the firm.
To stop Fayemi, the House proposed to amend the Privatisation Act immediately by expunging ASC from the list of public assets in the schedule that can be privatised or concessioned by the Federal Government.
The Green Chamber also sought to further amend the Act by removing the powers of the National Council on Privatisation as the authority to decide on which firms should be on the schedule.
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