Sectoral debate: Reps to feature CBN Governor, FIRS Chair, Minister of Finance

Elizabeth AtimeFebruary 6, 20243 min

Reps to feature CBN Governor, FIRS Chair, and Ministers of Finance on the latest edition of its sectoral Debate billed for the financial sector.

CBN governor

The House of Representatives is set to hold the second edition of its Sectoral Debates/Dialogue today, 6th February 2024, as part of its periodic Policy Brief Series.

The lawmakers have started arriving in preparation for the sectoral debate, although plenary is scheduled to commence at 11 am.

This edition of the Debate billed for the financial sector is set to feature key stakeholders in the sector such as the Minister of Finance, Minister of Budget and Planning, Governor of the Central Bank of Nigeria (CBN), and the Chairman of the Federal Inland Revenue (FIRS). 

The Clerk of the House of Representatives, Yahaya Danzaria,  confirmed this on Monday, in a communication titled “Notice of Sectoral Debates with Financial Sector Stakeholders.” 

The communication notified Honourable Members of the debate while encouraging them to prepare contributions that would enrich the quality of the debates.

As outlined in the  Legislative Agenda, the series forms part of initiatives by the Speaker of the House, Rep. Abbas Tajudeen to promote transparency and accountability in government operations.

The Debate Series also has ‘strengthening of legislative oversight of key Ministries, Departments, and Agencies (MDAs) of Government as well as the promotion of smooth legislative-executive relationships for good governance as its objectives.

Upon resumption of plenary for the year, the Speaker of the House of Representatives, Rep Tajudeen Abbas (APC, Kaduna) noted that “the state of the economy is of grave concern to the House while stressing that the country is grappling with numerous hurdles impeding our growth trajectory”

“I am pleased to announce that House Sectoral Briefs with MDAs will resume immediately. Accordingly, we shall engage with MDAs and principal actors in the finance sector on Tuesday, 6th February 2024. This engagement will assess the nation’s readiness to mobilise the necessary financial resources for implementing the budget,” the Speaker remarked.

Speaker Abbas further underscored the need for the legislative arm to align efforts with the executive arm towards ensuring that its initiatives are effectively implemented and yield tangible results for every Nigerian. This is as he restated the intention of the House to contribute to the promotion of sustainable economic growth. 

The policy brief series commenced on November 21, 2023, with the Security sector, while subsequent editions are expected to focus on other sectors such as Power, Agriculture, etc., to provide lawmakers the opportunity to ask questions on areas requiring legislative interventions.

Elizabeth Atime

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