HOUSE OF REPRESENTATIVES DEMAND PROMPT ACTION ON DETERIORATING ECONOMIC CONDITIONS
The federal House of Representatives proposes a conference on economic reform in other to aid failing economy.
The federal House of Representatives have reached a verdict to propose a functional economic conference for Nigerians ailing economy.
These resolutions were reached following the unanimous adoption of a motion titled ‘Need to address the fall of the naira and the worsening rate of inflation in the country’
Few of the conditions for prescribing the confab are: to ‘convoke a special economic roundtable’ to proffer holistic and workable solutions to falling naira and rising inflation in Nigeria.
Also urged the Federal Ministry of Agriculture and Natural Resources to come up with urgent emergency plans to expand the economy, especially in the areas of entrepreneurial and agricultural training.
It also urged the Federal Ministry of Commerce, Trade and Investments to deploy intervention strategies to ameliorate the current economic situation and checkmate the food crisis in the country.
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