Bills to bring Nigeria out of economic recession on the way, says Saraki

According to reports, the President of the Senate, Dr. Abubakar Bukola Saraki, on Tuesday said the National Assembly was focussing on 11 bills that would bring the country out of current economic recession.


Saraki made this known in Abuja at the 22nd Nigerian Economic Summit.

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He spoke during the National Assembly Business Roundtable on Ensuring a Legislative Framework for Made-in-Nigeria.

He said that the assembly was committed to pushing the bills to ensure that they transformed the country’s economy, adding that the legislature was also pro-business and pro-private sector.

According to Saraki, key bills we are taking seriously to see it passed into law within one year from now are procurement, transportation, Petroleum Industry Bill, among others.

He said that the Petroleum Industry Bill was delayed due to the unrest in the Niger Delta.

Saraki said: “We are treating the issue of the economy with urgency and in Procurement Act Amendment, we have made provision to protect the interest of Made-in-Nigeria.”

Saraki added that the NASSBER was a robust platform promoting the National Assembly and Private Sector partnership.

Fielding questions from newsmen shortly after, he said that the Senate was yet to receive any bill on economic powers for the executive from President Muhammadu Buhari as being speculated.



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