– The lawmakers may invite President Buhari to address a joint session of the Senate and the House of Representatives
– The NASS would like to outline the plan out of recession
The National Assembly has said it is imperative that President Muhammadu Buhari addresses a joint session of the NASS to outline plans to pull Nigeria out of recession.
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The legislators reached the resolution on September 22, Thursday, after a debate that continued for two days at the floor of the lower chamber in Abuja, the nation’s capital.
They also listed the factors they believe led to the recession, which include Treasury Single Account Policy, Foreign Exchange Policy and the structure of Nigeria as some of the issues that needed to be addressed.
Meanwhile, Hon. Yakubu Dogara, Speaker of the House of Representatives, advised President Buhari to address the joint session of the National Assembly over the economic recession in Nigeria.
Dogara stated that the recession calls for wider consultation and concerted effort by all stakeholders.
He said: “The recent retreat by Mr President with his cabinet and sundry statutory appointees is most commendable. It is in this regard, that I urge Mr President to consider holding a joint emergency session of the National Assembly to brief both the Legislature and indeed Nigerians of his plans to pull Nigeria out of recession.”
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“This will provide opportunity for all stakeholders to be on the same page and to act in concert for urgent national recovery. It will also further consolidate existing ongoing consultations between the Presidency and the National Assembly on the way forward.We must never miss the opportunity the present travails offers us to launch Nigeria into its rightful destiny and place among the comity of prosperous nations.”
The National Economic Council on September 22, Thursday, endorsed plans by the federal government to sell some national assets as part of efforts to address the current economic recession in the country.
These assets may include several refineries in the south of Nigeria.
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