The Senate, on Monday, October 3, revealed that it has passed eight bills to support the laws of the country and would send same to President Muhammadu Buhari for approval in the next few days.
The bills include; the Telecommunication and Postal Offences Act (Amendment) bill; National Crop Variety, Livestock Breed (Registration) Act (Amendment) bill; Produce (Enforcement of Export Standards) Act (Amendment) bill; Prevention of Crime Act (Amendment) bill; Water Resources Act (Amendment) bill; National Agricultural Land Development Authority Act (Amendment) bill Bee (Import Control and Management) Act (Amendment) bill and Agricultural and Rural Management Training Act (Amendment) bill.
According to the Senate president, Bukola Saraki, this is in fulfillment of one of the 21-point resolutions passed by the Senate on the economy – to fast-track all economic related bills. He pointed out that what the Senate had done was to match its words with actions
The upper legislative chamber said it was in receipt of the bills, which it passed on Thursday, to the House of Representatives for concurrence.
“By now it is clear that the senators take Nigeria’ economic situation very seriously,” he said.
“If you recall, one of the points from the 21-point resolution passed by the senate on the economy stated that it would fast-track all economic related bills. What this senate has done is match its words with its actions,” he said, in a statement signed on his behalf by his special adviser on media and publicity, Yusuph Olaniyonu.
The Senate among others advised the federal government to put in place a pro-business leadership-level engagement platform with the private sector to boost market confidence in the economy and also advised the government to raise money from sale of assets to shore up foreign reserves, calm investors and discourage currency speculation.
Saraki emphasised that the bills were important in ending the present economic impasse.He said that the bills would be promptly forwarded to President Muhammadu Buhari for his assent.
