/Economy

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 [...]

We Need Govt, Private Sector Co-operation for National Development

2017-06-06T04:56:05+00:00 June 5th, 2017|Economy|

...As Experts Laud Senate, House over NASSBER Initiative Senate President, Dr. Abubakar Bukola Saraki, has said that the achievements recorded by the National Assembly Business Environment Round-table (NASSBER) through which legislations that will reshape the national economy have been passed were clear indications that the nation can only develop if there is co-operation between government [...]

Saraki: Let’s Sustain Democracy by Building a Strong Economy

2017-05-29T10:35:55+00:00 May 29th, 2017|Economy|

Senate President, Dr. Abubakar Bukola Saraki, has called for concerted and united effort by all Nigerians to build a strong economy as a means of sustaining the nation's democracy. Saraki in a statement by his Special Adviser on Media and Publicity, Yusuph Olaniyonu, in Abuja, to commemorate the 2017 Democracy Day celebration, said the real [...]

Senate To Partner US Chamber of Commerce on ICT For Job Creation

2017-05-25T09:58:28+00:00 May 16th, 2017|Economy, Jobs|

The Senate has pledged its preparedness to work with the US Chamber of Commerce African Business Centre to develop the nation's Information and Communication Technology (ICT) sector towards diversifying the nation's economy and creating jobs. Senate President, Dr. Abubakar Bukola Saraki made the pledge in Abuja when the Group led by Ms. Leila Ndiaye visited [...]

Saraki Canvasses Actualization Of Nigeria-Morocco Bilateral Agreements

2017-03-20T13:34:03+00:00 March 19th, 2017|Economy|

Senate President, Dr. Abubakar Bukola Saraki, has said that the National Assembly would give priority to legislations that will provide legal framework for the actualization of the bilateral agreements between Nigeria and Morocco. A statement by Saraki's Special Assistant on Public Affairs, Mohammed Isa, said Saraki gave the assurance at separate meetings he had with [...]

Regional Partnership Panacea To African Challenges, Says Saraki

2017-03-20T14:03:03+00:00 March 18th, 2017|Economy|

Senate President, Dr. Abubakar Bukola Saraki, has identified regional cooperation and partnership as the only solution to the myriad of challenges facing the African continent. Saraki, in a statement by his Special Assistant on Public Affairs, Mohammed Isa, made this known in a keynote address at the opening session of the on-going Crans Montana Forum [...]

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