Thursday, 22 September 2016

Economic Recession: 9 Mind Blowing Takeaways From Senate's Deliberation

Updated 23 September, 2016
After being on recess for close to two months, the national assembly (NASS) resumed on Tuesday, September, 20. 

While they were on recess, the economy slipped into recession. 

On their return, the senators are eager to find a solution to Nigeria’s economic recession.

Today, September 23, the Nigerian Senate deliberated on the economic challenges of the nation with a view to find a solution to the crisis. 

Different suggestions were given by the senators to help address the crisis. 

Here are nine Mind Blowing takeaways from the Senate’s deliberation on the economic recession. 

1. Senate president, Bukola Saraki asked his colleagues not to do the blame game but to proffer solutions to the current economic challenges. 

2. Deputy Senate president, Ike Ekweremadu, charged President Muhammadu Buhari to look inwards into his cabinet and put square pegs in square holes. 

3. Senator Shehu Sani said the way out of recession is to concentrate on the export of goods rather than import. He added that removing the Finance Minister, Kemi Adeosun will not get the country out of the current economic challenges and recession. 

4. Senator Dino Melaye suggested ”attracting FDI, blocking leakages, pacifying Niger Delta Avengers and banning some food and clothing imports.” 

5. Senator George Akume advised against the sale of government assets. He also advised senators to forget about political differences to work for the country. 

You have not seen anything yet. 

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