The National Assembly says it will continue to collaborate with the executive arm of government to turn around Nigeria’s economy.
The Speaker House of Representatives, Yakubu Dogara gave the assurance while inaugurating a 20-man Tactical Committee on Economic Recession.
Mr. Dogara urged members to work with relevant stakeholders to ensure that identified solutions towards ending the current economic recession were implemented.
“The technical committee of the House will craft enduring legislative tools to be deployed in helping policy makers and implementers adhere to timelines in their drive to exit recession and return Nigeria to sustainable economic growth and prosperity,” he said.
The Speaker reiterated the lawmakers’ commitment to ensure that the sufferings currently experienced by Nigerians as a result of the recession were alleviated.
“We cannot continue to lament. The problems are well known. At this point in time, it is the solutions that matters more and that is what should engage our attention. As a parliament, we are committed to ensuring that the sufferings experienced by ordinary Nigerians are tackled. These challenges may appear too difficult to surmount but the good news is that they are surmountable. Other nations have surmounted greater economic challenges in the past and Nigeria’s case cannot be different,” Mr. Dogara stressed.
The Chairman of the Committee, Bode Ayorinde says the current recession provides an opportunity for the country to turn the economy around and put it on the path of stability.
Creating strong platform
According to him,“the committee will create a strong platform that will restore the economy.’’
The committee consist of 16 professionals with vast experience in economics and sundry issues. It will monitor various steps and policies of the government aimed at taking Nigeria out of recession and alleviating the hardship it caused.