Senate rejects sale of national assets

Senate yesterday asked the Federal Government to come up with an economic stimulus bill and forward same to the National Assembly for immediate passage into law to address the current recession in the country.

“The executive should, as a matter of urgency, prepare an economic stimulus bill containing all the fiscal stimulus packages, investment and incentives designed to pull the country out of recession, to the National Assembly for accelerated consideration and passage,” the lawmakers resolved.

The lawmakers also called on President Muhammadu Buhari to consider the establishment of a Council of Economic Advisers, which will be made up of experts in economic management, to proffer advice on the initiation and coordination of economic policies, in order to restore confidence in the conduct of government businesses.

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