Reps to engage CBN Governor, ministers on economic downturn

• Rotimi stated that the Clerk of the House, Yahaya Danzaria, confirmed this on Monday
  

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On Tuesday, February 6, 2024, the House of Representatives will conduct its second sectoral debates/dialogue, focusing on the financial sector, as part of its periodic policy brief series.

A statement released by House spokesman Akin Rotimi on Monday disclosed that key stakeholders, including the Minister of Finance, Minister of Budget and Planning, Governor of the Central Bank of Nigeria, and the Chairman of the Federal Inland Revenue, are slated to participate.

Rotimi stated that the Clerk of the House, Yahaya Danzaria, confirmed this on Monday, in a communication titled “Notice of Sectoral Debates with Financial Sector Stakeholders” stressing that “the communication notified Honourable Members of the Dialogue while encouraging them to prepare contributions that will enrich the quality of the debates.”

The House commenced work on the sectoral debate series in November 2023 with security agencies.

As outlined in agenda one – ‘Strengthening Good Governance’ of the House Legislative Agenda, the series forms part of initiatives by the Tajudeen Abbas-led House to promote transparency and accountability in governmental operations.

The Debates Series also has “strengthening of legislative oversight of key Ministries, Departments and Agencies of Government,” as well as the “promotion of smooth legislative-executive relationships for good governance” as its objectives.

Upon resumption of plenary for the year, Abbas noted that the state of the economy is of grave concern to the House while stressing that the country is grappling with numerous hurdles impeding growth.

“I am pleased to announce that the House sectoral briefs with MDAs will resume immediately. Accordingly, we shall engage with MDAs and principal actors in the finance sector on Tuesday, February 6, 2024.

“This engagement will assess the nation’s readiness to mobilise the necessary financial resources for implementing the budget,” the Speaker remarked.