Aba News

[Aba News][bsummary]

South East

[South East Region][twocolumns]

BIAFRA NEWS

[Biafra][horlab]

Tech & Startup

[Startup][horlab]

Entertainment

[entertainment][horlab]

videos

[video][video]

Senate, Buhari clash over Anti-corruption stance (READ)


The executive and legislative arms of government, the Senate has taking a veiled swipe at the anti-corruption crusade of President Muhammadu Buhari.

L~R: Buhari & Saraki
The Senate argued the stance was to an extent discouraging investments into the economically-troubled country.

The House’s position came as the Senate on Thursday continued to debate on the state of the economy, after which they made some suggestions they believe would revive the economy.



In a communiqué Charles Akpan, the Senate Head of Press and Public Relations, released Thursday, the senators said Buhari should present a stimulus package before the National Assembly for consideration.

“Mr. President was also advised to tackle corruption through a means that will not create fear in the heart of investors,” read the communiqué.

Buhari’s anti-corruption crusade has been divisive with suggestions it was a welcome move in a country where graft is extensive while critics argue it is selective and targets members of the previous administration.
This comes a day after The Senate accused Buhari of deterring investors through his “body language.”



The relationship between Buhari and the Senate has been frosty since the election of House leaders in 2015.
Senate President Bukola Saraki emerged the leader of the House ahead of candidates said to have been preferred by the leadership of the ruling All Progressives Congress.

Meanwhile, on Thursday, Senate recommended that the Naira should be allowed to float.
“This will stabilize the economy and create confidence needed for investment.”

Among other measures suggested include introduction of zonal intervention project to encourage job creation, reducing the cost of governance through reduction in estacode allowance, devolution of power restructuring, proper marketing of the country and minimum wage among others.

No comments: