Reps raise panel on recession, suspend plenary for budget 2017

Recession

Recession

• Fault exclusion of Abia, Imo and Ondo from NDDC board

The House of Representatives has mandated its ad hoc Tactical Committee on Economic Recession to examine and suggest measures to stabilise the economy as soon as possible.

The committee would interact with ministries, departments and agencies (MDAs) of government relevant agencies and report back to the House in three weeks.

The committee is also to liaise with labour unions, non-profit organisations and other relevant associations in collating their findings. The three weeks given the committee, according to the House Speaker Yakubu Dogara, who named Bode Ayorinde as its chairman, coincide with the time the House had set aside for the commencement of sectoral debates on the 2017 Appropriation bill.

Dogara said the House plans to suspend plenary sittings for the next two weeks to allow members sit in committees to consider the estimates of this year’s budget. The sectoral debates would commence thereafter.

The House resolution followed a suggestion by Kingsley Chinda, PDP, Rivers, that an interim committee be put in place to assess efforts of government and suggest recommendations on how to reverse the prevailing recession.

The House Chairman, Rules and Business, Emmanuel Orker-Jev, yesterday moved the motion on the need for more proactive steps to lessen the hardship being experienced by Nigerians as a result of the economic recession.

Orker-Jev noted that the lower legislative chamber is constitutionally empowered to look at the actions of the government, hence the need for members “to voice their concerns by pushing for measures that would alleviate the sufferings of the people.”

He said part of expressing these concerns is by ensuring that the economy is urgently returned to the path of growth and stability, in line with the prediction of International Monetary Fund (IMF) that the country’s economic challenges would end this year.

The House also enjoined President Muhammadu Buhari to include representatives of Abia, Imo and Ondo States in the board of the Niger Delta development commission (NDDC).

Adopting a motion sponsored by Victor Kolade Akinjo during the plenary session the lawmakers argued that the directive, which is subject to the confirmation of the Senate was in accordance with the NDDC Act of 2000.

The lawmakers mandated the Committee on Niger Delta Development Commission to ensure implementation of the directive and report back to the House within four week for further legislative action.

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