The Senate has established a seven-member ad-hoc committee to probe the factors hindering the completion of the $18.5 billion Abuja Centenary Economic City project, a decade after its commencement. The committee is tasked with reviewing the original public-private partnership agreement and recommending any necessary amendments to expedite the project's completion within a specified timeframe.
Additionally, the Senate has called on the federal government to prioritize the revival of the Centenary City project by offering appropriate support, resolving regulatory issues, and addressing any other obstacles. The project is seen as having significant economic potential for Nigeria and its people, despite being stalled for ten years.
These decisions were reached following the Senate's consideration of a motion titled "Urgent need to revive and complete the stalled Centenary City Project, to realize its economic and development potential," sponsored by Deputy Senate Leader, Senator Ashiru Yisa (APC – Kwara South). Yisa highlighted that the project, which began in 2014 as a public-private partnership, aims to develop a modern city similar to Dubai to commemorate Nigeria's 100 years of amalgamation celebration.
