Sunday, 25 September 2016

National Assembly to Summon President Buhari, others on State of the Economy.












Strong indications emerged on Saturday that the leadership of both chambers of the National Assembly might have agreed to invite President Muhammadu Buhari to address a joint session of the federal lawmakers. 
One of our correspondents learnt that the decision was the outcome of the meeting of the Senate and House of Representatives principal officers, hosted by Senate President, Bukola Saraki, at his private residence on Wednesday night.

One of the principal officers of the Senate, who pleaded anonymity, told one of (Punch Newspapers) correspondents that the leadership of both chambers deliberated extensively on the current economic situation in the country and came up with some pragmatic solutions.
The source said the meeting agreed that the President should first be invited to tell the federal parliamentarians the specific steps that his administration is taking to take Nigeria out of recession.













Cut Jumbo pay, Afenifere, others tell lawmakers
Meanwhile, a   pan-Yoruba  socio-political group, Afenifere, and some social rights associations  have advised the National Assembly members to reduce their jumbo pay in view of the economic recession in the country instead of planning to sell National Assets.

 “The National Assembly members should cut down their allowances and salaries to show that they are ready to walk the talk.“The recession period calls for tax relief for the poor to increase the marginal propensity to consume, while the rich should pay more taxes and that is where the Asokoro and Maitama houses come in.”

 “The National Assembly is currently feeding fat on Nigerians. Their salaries and allowances do not reflect the current economic abyss of our people.

“As all charities must begin at home,  the legislators should first reduce their salaries and allowances voluntarily, as exemplary leaders, in order to instill confidence in our Nigerian people to embrace sacrifices.”



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