/Economy

Senate Working to Grow Digital Financial Technology In Nigeria

2018-04-23T04:56:10+00:00 April 19th, 2018|Economy|

President of the Senate, Dr. Abubakar Bukola Saraki, on Thursday said that the Senate is working to ensure the growth of digital Financial Technology (FinTech) popularly known as digital financing in Nigeria. Saraki, according to a statement by his Chief Press Secretary, Sanni Onogu, in Abuja, stated this in his address before the Africa Finance Forum, organized by [...]

Senate Seeks Improved Trade Relations With Finland

2018-02-15T09:05:38+00:00 February 10th, 2018|Economy|

...As Institute of Directors Honours Saraki President of the Senate, Dr. Abubakar Bukola Saraki, has said that the 8th Senate will work to improve trade relations and investment in the country by the Republic of Finland as part of its focus to improving the economy and ensure a better business environment in the country. This [...]

Keynote Address by Senate President at the Georgetown Africa Business Conference 2018

2018-02-15T09:20:32+00:00 February 6th, 2018|Economy, Events, Press Releases 
& Statements|

Keynote Address by Senate President, Dr. Abubakar Bukola Saraki, at the Georgetown Africa Business Conference 2018 (GTABC2018). Washington D.C., USA. PROTOCOLS. 1. A very good morning to you all. Let me start by thanking the organizers of the Georgetown Africa Business Conference for the opportunity to be part of this conversation, which I see as [...]

Saraki to Nigerians at New Year: Let Us Pray for an Improved Economy in 2018

2018-01-02T09:56:08+00:00 January 1st, 2018|Economy|

President of the Senate, Dr. Abubakar Bukola Saraki, has extended his heart felt good wishes to all Nigerians in the New Year, with a clarion call on them to pray for a full recovery of the economy  in 2018. Saraki in a New Year message signed by his Special Adviser on Media and Publicity, Yusuph [...]

Fuel Crisis: Saraki Directs Senate Committee to Suspend Recess

2018-01-02T10:09:49+00:00 December 28th, 2017|Economy|

....As Senate Summons Kachikwu, NNPC's GMD, Others In a bid to end the ongoing fuel crisis and the untold hardship it is presently unleashing on Nigerians, President of the Senate, Dr. Abubakar Bukola Saraki, on Thursday, directed the Senate Committee on Petroleum Resources (Downstream) to cut short its recess and immediately convene a meeting with [...]

Senate Seeks Adequate Financial Provision for NEDC in 2018 Budget

2017-11-02T11:27:39+00:00 November 1st, 2017|Budget, Economy|

The Senate on Wednesday urged the Federal Government to make adequate financial provision in the 2018 Budget for the take-off of the North East Development Commission (NEDC). The Senate also affirmed its commitment to the implementation of the North-East Development Commission (NEDC) Act following the assent of President Muhammadu Buhari on 26th October, 2017, to [...]

Saraki: NASS Working to Increase Private Sector Participation in Economy

2017-10-28T05:51:29+00:00 October 27th, 2017|Economy|

President of the Senate, Dr. Abubakar Bukola Saraki, on Thursday, stated that one of the primary objectives of the 8th National Assembly is to increase private sector participation in all spheres of the economy in order to make the country viable. Saraki, according to a statement by his Chief Press Secretary, Sanni Onogu, in Abuja, [...]

Senate Welcomes Improvement in Nation’s Economy

2017-09-08T06:22:45+00:00 September 5th, 2017|Economy|

The Eighth Senate, on Tuesday, applauded the report by the National Bureau of Statistics (NBS) that showed Nigeria’s economy finally staging a comeback. In a statement signed by Senator Aliyu Sabi Abdullahi, its spokesperson and Chairman of the Senate Committee on Media and Public Affairs, the Senate emphasized that it was truly commendable that after [...]

Smuggling, Greatest Threat To Buhari’s Economic Policy, Says Saraki

2017-07-17T21:04:12+00:00 July 17th, 2017|Economy|

Senate President, Dr. Abubakar Bukola Saraki, has identified smuggling of goods into the country as the greatest threat to the realization of the economic policies of the present administration led by President Muhammadu Buhari. Saraki stated this on Monday while declaring open a public hearing on tackling smuggling in the country organized by the Senate [...]

Capital Market: Senate Receives 3 Bills from SEC

2017-07-10T15:25:24+00:00 June 16th, 2017|Economy|

The Security and Exchange Commission (SEC), on Thursday, presented three draft bills to the Senate, aimed at enhancing the operations of the capital market and reposition it as a dependable catalyst for economic recovery. The Director General of SEC, Mounir Gwarzo, said the bills were in response to the challenge thrown to the Commission by [...]

Senate Moves To Combat Unfair Business Practices, Promote Competition

2017-06-12T10:29:54+00:00 June 8th, 2017|Economy|

...Passes Federal Competition and Consumer Protection Commission Acts With the passage of the Federal Competition and Consumer Protection Commission Act, the Senate has moved the country one step closer to establishing a legal framework to combat unfair business practices, promote competition and protect the rights of consumers. The Consumer Protection Commission Act, according to a [...]

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