Recession: Senate Concurs With Reps. To Invite President, Muhammadu Buhari





Senate, Ambassadors, MTN, National-Assembly-ECOWAS, The Senate has agreed with the House of Representatives on the decision to invite the President to brief a joint session of both chambers on the state of the economy.   The Federal Lawmakers in the Upper Chamber came to this resolution through a voice vote. They claimed that there is a need for President Muhammadu Buhari to clarify the actual state of the economy, in view of alleged conflicting signals, coming from different officials of the administration, especially on the steps to getting Nigeria out of recession.   The House of Representatives had earlier said it is imperative that President Buhari addresses a joint session of the National Assembly to outline plans to pull Nigeria out of recession.  The lawmakers reached the resolution on Thursday after a debate that spanned two days at the floor of the Lower Chamber in Abuja, the nation’s capital.The Senate has agreed with the House of Representatives on the decision to invite the President to brief a joint session of both chambers on the state of the economy.


The Federal Lawmakers in the Upper Chamber came to this resolution through a voice vote. They claimed that there is a need for President Muhammadu Buhari to clarify the actual state of the economy, in view of alleged conflicting signals, coming from different officials of the administration, especially on the steps to getting Nigeria out of recession. 




The lawmakers reached the resolution on Thursday after a debate that spanned two days at the floor of the Lower Chamber in Abuja, the nation’s capital.
To indicate how important the situation was, the Minority Leader of the House, Toby Okechukwu as well as some other lawmakers, Leo Ogor and Oluwole Oke, outlined the factors they believe led to the recession.
Most of them identified the Treasury Single Account policy, Foreign Exchange policy and the structure of Nigeria as some of the issues that need to be addressed.

Source: Channels tv
Share on Google Plus

About Naijadopest

    Blogger Comment
    Facebook Comment

0 comments:

Post a Comment

Disclaimer: Do not use this forum as a channel to promote hatred, tribalism or any other kind of personal grievances. The administration can delete or edit a post that violates these guidelines. Keep the posts relevant to the topic in an attempt to keep the forum organised and maintain the focus on each topic. Thank you for your understanding.