P
ProfRem
Guest
The Nigerian Senate Wednesday ordered the Minister of Finance, Mrs Kemi Adeosun, to appear before it before it goes on recess on Thursday.
The Senate that just resumed few weeks after the Eid id Fitri two weeks break appears to be going on another recess today.
This directive is coming after the Minister of Finance failed to appear before the upper legislative chamber to brief them on the 2016 budget and on other economic issues that affects the nation.
It would be recalled that the Senate had on May 26 summoned the Minister and the CBN Governor to brief them on the issues surrounding the economy and its impact on Nigerians.
The Senate before inviting the duo in the month of May noted that unemployment rate rose to 12.1 per cent in the first quarter of 2016 from 10.4 per cent in the last quarter of 2015.
“This Senate is further deeply worried that the continued complacency of the current economy, if allowed unchecked, would set the tune for a full blown economic recession by the end of June,” said Sen. Bassey Akpan.
The Senate that just resumed few weeks after the Eid id Fitri two weeks break appears to be going on another recess today.
This directive is coming after the Minister of Finance failed to appear before the upper legislative chamber to brief them on the 2016 budget and on other economic issues that affects the nation.
It would be recalled that the Senate had on May 26 summoned the Minister and the CBN Governor to brief them on the issues surrounding the economy and its impact on Nigerians.
The Senate before inviting the duo in the month of May noted that unemployment rate rose to 12.1 per cent in the first quarter of 2016 from 10.4 per cent in the last quarter of 2015.
“This Senate is further deeply worried that the continued complacency of the current economy, if allowed unchecked, would set the tune for a full blown economic recession by the end of June,” said Sen. Bassey Akpan.