Senate to fast-track passage of 11 economic reform bills

Senate President Bukola Saraki  has urged the relevant committees in the Senate  to fast-rack the passage of 11 economic reform bills, in order to have them submitted to the Executive along with the 2017 budget. Saraki said this yesterday, January 10 in his welcome address to senators on resumption from their Christmas and New Year celebrations.
The economic recovery bills include: the Petroleum Industry Governance Bill, National Development Bank of Nigeria Bill, National Road Fund Act (Amendment) bill, Federal Roads Authority Act (Amendment) bill, Customs and Excise Reform Act, National Transport Commission Act (Amendment) Bill.
All the bills have passed Committee Stage and the relevant panels are expected to submit their reports anytime from now.
“We promise to pass our priority economic reform bills to help aid our economic recovery. This is a promise we must keep” Saraki said.
He said the passage of the bills is important because   the 11 priority economic reform bills  will help create 7.5million jobs and reduce poverty by 16.4 percent.
“Over the projected 5-year period, it is suggested that the reforms, which these bills would engender, may add an average of N3.76 trillion to National incomes in the country.