Business
NASS okays 8 bills for Buhari to raise IGR, tackle recession
In an attempt to stem the current economic recession in the country, the Senate has completed work on eight ammendment bills it hopes to send to President Muhammadu Buhari for aseent soon.
This was disclosed in a statement by the Special Adviser to the Senate PresidentBukola Sataki on Media and Publicity, Yusuf Olaniyonu.
He noted, that the 8 Bills, which are all primarily amendments to existing laws, are aimed at strengthening the enforcement mechanisms in sectors of the economy that can help boost Internally Generated Revenue.
According to the statement, the bills are the Telecommunication and Postal Offences Act (Amendment) Bill, National Crop Varieties, Livestock Breeds (Registration) Act (Amendment) Bill, Produce (Enforcement of Export Standards) Act (Amendment) Bill, Prevention of Crimes Act (Amendment) Bill, Water Resources Act (Amendment) Bill, National Agricultural Land Development Authority Act (Amendment) Bill, Bee (Import Control and Management) Act (Amendment) Bill and Agricultural and Rural Management Training Act (Amendment) Bill.
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The statement quotes Senate President, Dr. Saraki, as saying: “By now it is clear that the Senators take Nigeria’ economic situation very seriously,” he said, “If you recall, one of the points from the 21-point resolution passed by the Senate on the economy stated that it would fast-track all economic related bills. What this Senate has done is match its words with its actions.”
“Moving forward, Nigerians can expect that the legislature will adopt a united and efficient approach to getting Nigeria’s economy back on track,” Saraki stated.
“We will quickly forward these 8 Bills, which have been passed by both Houses of the National Assembly to the President. This is only a first step and we will continue to work to ensure that at the end of our tenure, Nigerians will see that this is a people-centred National Assembly”, the Senate President said.
By Timothy Enietan-Matthews…
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