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Senate canvasses global support for Nigeria’s economy

By Henry Umoru
ABUJA- THE Senate has called on the international community to support Nigeria in her efforts to reposition and grow the economy.

According to the Senate, the call has become imperative because the present administration in Nigeria concerned about shrinking revenue from oil and hence the need to diversify the economy through through creation of global partnerships and attraction of direct foreign investments.

This was made by a Senate delegation at separate bilateral meetings with German and French delegates during the just concluded 4th UN International Conference for Heads of Parliaments in New York.

Members of the delegation led by the Senate President, Dr. Abubakar Bukola Saraki, included the Chairman of the Senate Adhoc Committee on Media and Publicity, Senator Dino Melaye and Senator Andy Uba (Anambra South).

Saraki in the first bilateral meeting with his German counterpart, Volker Bouffier, the Minister-President of Hesse, stressed the need for Nigeria and Germany to work together in increasing the trade volume between both countries.

A statement for Saraki’s office read: “Nigeria needs the support of the International Community to grow and reposition the economy made worse by the dwindling price of oil at the international market.

“In his second meeting with Laurence Dumont, the Socialist Deputy of Calvados, and the Vice-President of the National Assembly of France, Saraki reiterated the need for international support and enabling laws to help Nigeria repatriate illicit funds that were moved out of Nigeria through corrupt practices.”

According to the statement, the Senate President told the French parliamentary delegation that the move would support the efforts of the present administration aimed at boosting the economy of the country.

Saraki also stated that another area where Nigeria and France can partner on, is in the generation and transmission of power, which will help boost employment of youths in Nigeria.

The Senate President noted that over the years, Nigeria and France have enjoyed strong relationship at various levels and that it was time for the parliaments of both countries to collaborate in more socio-economic areas.

He also commended the French government for planning regional approaches to combat terrorism, while saying that the meeting of parliamentary heads came at the right time, as such meetings provide Nigeria with new opportunities to press the reset button with many countries in the international community.


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