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Reps Vow Support For Deregulation, Call For 2016 Budget Implementation

Following the turn-down of nationwide strike propelled by a faction of Nigerian Labour Congress (NLC) and Trade Union Congress (TUC) in most places in Nigeria, the House of Representatives has fully thrown its weight behind deregulation in the nation’s economic sector and called for the full implementation of 2016 budge.

house of senate

A report generated from Channels tv online, the Senators have declared that it will continue to support the executive’s deregulation initiative in the interest of the Nigerian economy and posterity.
The House said that the decision was taken on Wednesday after consultation with major players in the economy and based on the understanding and support shown by majority of Nigerians.
It appealed to the executive to ensure the full and speedy implementation of the Appropriation Act 2016, as it is in the act that the palliatives that would calm the current situation.
The lawmakers also urged the organised labour to continue to show understanding of the situation while dialoguing in Nigeria’s interest.
This is one of the recommendations adopted by the House after considering the interim report of the Ad-hoc Committee on the Deregulation of the Petroleum Sector, which was set up after the meeting with the Minister of State for Petroleum, Dr. Ibe Kachikwu.

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