Nigeria’s National Assembly has been urged to pass the National Water Resources Bill so as to attract local and foreign direct investors for revenue generation in the country.
The Executive Director of the Nigeria Integrated Water Resources Management Commission, Engineer Bashir Umar Magashi made the call during his courtesy visit and signing of memorandum of understanding, MOU, with Voice of Nigeria in Abuja.
Mr Magashi added that the bill is not targeted at any individual but rather to boost revenue generation for the Ministry of Water Resources and the country in general.
“We are looking at water as an economic good. Water will bring a lot of revenue to the country more than oil. We have a lot of multinational companies that are taking the ground water and surface water and not paying the government and this is not obtainable in their country.
“Nigerians are not to pay for boreholes sunk in different settlements but people that uses water in commercial quantities and industrial purposes are the ones to be targeted by the government”.
According to him the bill has been in the National Assembly for the past fifteen years and has not been passed.
Source: Voice of Nigeria