– Senate president, Bukola Saraki pledges
to help President Muhammadu Buhari revive
Nigeria’s economy
– Professor Olugbenga Okunola extolled the
8th Senate
Senate president, Bukola Saraki promised to
help President Muhammadu Buhari revive
the economy.
Senate president, Bukola Saraki, has
promised to work with President
Muhammadu Buhari to revive Nigeria’s
economy.
Today ng reports that the Senate president
made the pledge on February 28 when he
played host to the national executive of the
Nigerian Mining and Geosciences Society
(NMGS) led by its president, Professor
Olugbenga Okunola.
In a statement issued in Abuja by his chief
press secretary, Sanni Onogu, Saraki said
the 8th Senate will cooperate with the
executive to make sure that the policies and
programmes of the present government
towards reviving the economy are sustained
on a long term.
Saraki said the Senate was on a mission to
ensure that the country harnessed her non-
oil resources and achieved full diversification
of the economy.
“For us in the 8th Senate we have said it that
our focus is to continue to give support to
those sectors of our economy that will provide
employment, increase the earnings of
government and the growth of the economy in
general.
“And if you are talking about the growth of the
economy, you have to give particular
consideration to the mining sector. And what
do we need to do to get that done? I want to
assure you that the message I will like you to
take away is that the 8th Senate is ready to
give all the support in ensuring that we truly
begin to harness the hitherto the unexplored
and neglected potentials that we have.
“We have been talking about these potentials
for a long time. It is time to talk about
realising the potentials and translating them to
economic power. how to bring. That is our
own vision and mission.
“We have all seen the downside of being a
mono-product economy. We are all suffering
from it now. When you see what is happening
to our revenues, our foreign exchange inflows
and particularly what is happening to even the
foreign exchange rate due to our over
dependence on crude oil.
“The projection that it is going to be down for
a couple of years means that any serious
minded country needs to look at the options
available. And some of the things we are
seeing now is because there is a lot of
speculation out there,” he said.
Saraki said a lot of speculators believe that
the Senate doesn’t have the political will to
see through some of the policies and
programmes aimed at diversifying the
economy, saying that is why some people
are betting against the Naira.
He said the Naira is now rebounding
because such people are beginning to
realise that the present administration is
committed on its policy.
“I want to assure you that we are committed.
The political will is there. We are very
determined to see that we diversify. All these
things you are talking about are well known to
a lot of us. The frustration has been that we
have not been able to see it through. I want to
assure you that this Senate is committed to
ensure that we support the executive in
sustaining these long term polices. This is
important and that is where we must start
from,” Saraki said.
Speaking earlier, Okunola said the society
visited Saraki to appreciate what the 8th
Senate has been doing.
“We have been talking about diversification of
the nation’s economy over the years….I think
as a society, as professionals, this is what we
have been clamouring for over the years that
we are sitting on buried riches and that the
government is now saying that they want to
take this serious gladdens us.

The Notes are long keep reading @

http://skyevibes.com/2016/02/29/what-saraki-promised-to-do-with-president-buhari-over-nigerias-economy/

See photo @
http://skyevibes.com/2016/02/29/what-saraki-promised-to-do-with-president-buhari-over-nigerias-economy/