The House of Representatives Committee on Public Assets has berated the Nigeria College of Aviation Technology (NCAT), Zaria, Kaduna State, over the manner in which the institution sold off two training helicopters.
The Committee in a press statement signed by its Chairman, Hon. Ademorin Kuye, on Monday, said its attention was drawn to the development through media reports on Sunday, July 30, 2023.
Consequently, it said it will probe the purported sale of two Bell 206L-3 helicopters, which are public assets acquired for training pilots by the Nigeria College of Aviation Technology, Zaria for N1.2billion.
The Committee said the sale of the Helicopters under the pretext of underutilization by the authorities of the College of Aviation in March 2023 has now become a symptom of the worrying trend of asset stripping in all sectors of the economy by all MDAs toward the twilight of the last administration.
According to the committee, “This is despite the offer of Nigerian Navy to acquire same and possibly use to address the security challenges facing the country in the area of oil pipeline vandalization and crude oil theft. The committee equally feels the assets could have been converted to the use of Nigerian Police to fight banditry and insurgency in the country.
“The urgency in the sales and concession of public assets at the twilight of the last administration calls for suspicion since the supposed approval was gotten from that administration, and it is only right that the new regime is allowed to be part of the completion of the sale process if there are no hidden agendas.
“Therefore, the House Committee on Public Assets as constituted will investigate the sale of these important training national assets to ensure that due process is followed and that the country is not shortchanged in this deal.”
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