The Senate yesterday declared that palpable hunger has overtaken the country with most Nigerians desperately seeking for solutions to their problems.
The upper chamber also said that it is understandable that when people are desperately hungry, what they need is leadership with a clear vision and leadership whose daily actions reflect the very urgency of the peoples’ condition.
It said that while government works on the medium to long-term plans to stabilise the economy,, immediate strategies must be devised that would ease the suffering of the ordinary people across the country.
Senate President, Abubakar Bukola Saraki made the declaration yesterday in his welcome address to Senators after their over two- month annual recess.
Before Saraki’s welcome address, the All Progressives Congress (APC) Senate caucus had met on Monday night to articulate ways and means to tackle the economic recession.
A statement by the Senate President’s Office said that the meeting united all members of the caucus on the way forward for the country.
Saraki noted that it is no longer news, that the National Bureau of Statistics confirmed that the Nigerian economy has drifted into recession.
He added that with GDP growth in the second quarter of 2016 at -2.06% following a decline of 0.36% in the first quarter, the Nigerian economy has had two consecutive quarters of economic contraction.
He insisted that the Senate must gear up to give the Executive the necessary support to make the biting economic recession the country is going through the shortest in history.
He recalled that only a few months ago, Naira was exchanging to the dollar at N200; today it is approaching N500.
Saraki assured that the Senate will work in concert, not at cross-purposes stressing that “our goal is clear; to work together with the Executive to get our economy out of recession.”
He reiterated that the Senate will proffer solutions on policy issues, and where necessary enact necessary legislation to ensure that investor confidence returned to the market.
Saraki urged his colleagues not to hide under the cloak of partisan solidarity to abdicate their constitutional responsibility under the principles of checks and balances.
Saraki who outlined measures to adopt to bail out the economy said “Go immediately to debate the state of the economy and come up with economic measures that we will submit to the Executive. This, we will do, along with passing the necessary legislation we have identified.