Saturday, September 05, 2015

Senate canvasses global support for Nigeria’s economy

ABUJA- THE Senate has called on the international
community to support Nigeria in her efforts to
reposition and grow the economy.

According to the Senate, the call has become
imperative because the present administration in
Nigeria concerned about shrinking revenue from oil
and hence the need to diversify the economy through
through creation of global partnerships and
attraction of direct foreign investments.

This was made by a Senate delegation at separate
bilateral meetings with German and French delegates
during the just concluded 4th UN International
Conference for Heads of Parliaments in New York.
Members of the delegation led by the Senate
President, Dr. Abubakar Bukola Saraki, included the
Chairman of the Senate Adhoc Committee on Media
and Publicity, Senator Dino Melaye and Senator Andy
Uba (Anambra South).

Saraki in the first bilateral meeting with his German
counterpart, Volker Bouffier, the Minister-President
of Hesse, stressed the need for Nigeria and Germany
to work together in increasing the trade volume
between both countries.

A statement for Saraki's office read: "Nigeria needs
the support of the International Community to grow
and reposition the economy made worse by the
dwindling price of oil at the international market.
"In his second meeting with Laurence Dumont, the
Socialist Deputy of Calvados, and the Vice-President
of the National Assembly of France, Saraki reiterated
the need for international support and enabling laws
to help Nigeria repatriate illicit funds that were
moved out of Nigeria through corrupt practices."

According to the statement, the Senate President told
the French parliamentary delegation that the move
would support the efforts of the present
administration aimed at boosting the economy of the

Saraki also stated that another area where Nigeria
and France can partner on, is in the generation and
transmission of power, which will help boost
employment of youths in Nigeria.

The Senate President noted that over the years,
Nigeria and France have enjoyed strong relationship
at various levels and that it was time for the
parliaments of both countries to collaborate in more
socio-economic areas.

He also commended the French government for
planning regional approaches to combat terrorism,
while saying that the meeting of parliamentary heads
came at the right time, as such meetings provide
Nigeria with new opportunities to press the reset
button with many countries in the international

AbleMoJah® Nigeria.

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