ORDERS OF THE DAY
PRESENTATION OF REPORTS:
The Senate received three reports:
- A Report of the Joint Committee on Finance, National Planning and Appropriations 2016, 2017, and 2018 Medium-Term Expenditure Framework (MTEF) and Fiscal StrategyPaper (FSP) which was presented by Sen. John Owan Enoh (Cross River Central).
- A Report of the Committee on Aviation on ‘The need to Publish Accident Investigation Reports.’
- A Report of the Ad-Hoc Committee on Aviation on ‘The Worrisome and unstable position of Nigerian Aviation Industry.’
CONSIDERATION OF REPORTS:
The Senate Considered Reports from two Committees:- The Report of the Join Committee on Finance, National Planning and Appropriation, 2016, 2017 and 2018 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The report was laid by Sen. John Owan Enoh (Cross River Central).
During contributory statements, Sen. Biodun Olujimi said that the incumbent government campaigned on a promise to make $1 equivalent to 1 Naira but this has not been the case.
Sen. Olusola Adeyeye, the Majority Whip, in contributing to the Report said that a realistic budget will help in the implementation of its provisions.
Sen. Paulker advised that the Federal Government should pay more attention to seeking means to increase the production of oil.
In his remarks, the Senate President, Bukola Saraki, added that the MTEF is aimed at appealing to Nigerians on the challenging times that lie ahead. He also added that the Senate should work on passing the Petroleum Industry Bill quickly, and that the executive branch should work on complying with the MTEF once it is implemented.
- The Report of the Joint Committee on Banking, Insurance and other Financial Institutions and Information Communication Technology (ICT) & Cybercrime on the Electronic Transaction Bill, 2015 (SB. 15).
The report was laid by Sen. Rafiu Ibrahim Adedayo (Kwara South).
CONSIDERATION OF BILLS:
For their respective Second Readings, the Senateconsidered:
- A Bill for an Act to Establish the North-East Development Commission in the Federal Republic of Nigeria to address the devastation caused by insurgency and other connected
matters, 2015 (SB. 31) as presented by Sen. Ali Ndume (Senate Leader).
If implemented, the North-East Development Commission is meant to restore and rebuild the areas devastated by insurgency in the North-East Region. Sen. Usman Nafada,
Sen. Danjuma Goje spoke about the benefits that such a development commission would bring to the region.
Sen. Bwacha said that the Bill was very timely and advised against taking undue advantage of such a commission once created.
Sen. Bukka Ibrahim spoke about the carnage that has decimated many parts of the North East.
President of the Senate, Bukola Saraki, thanked the sponsor of the Bill and all North-East Senators adding that the problem of the North East is not only for the North East, but also for the entire nation.
- A Bill for an Act to Amend the Agricultural Credit
Guarantee Scheme Fund Act to promote Commercial Agriculture in Nigeria; ensure credit support for production, storage, processing of for other related matters, 2015 (SB.
17) as presented by Sen. Andy Uba (Anambra South).
ANNOUNCEMENTS:
The Senate President read a letter from the President, His Excellency, Muhammadu Buhari on the presentation of the 2016 Draft Budget on Tuesday, December 22nd, 2015.Senate adjourned plenary to next Legislative Day which is Thursday 17th December, 2015.
Gavel Banged
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