OrderPaperToday – President of the Senate, Ahmad Lawan, has said a total of 742 bills were introduced by the ninth Senate in the last two years.
He disclosed this on Wednesday, in a speech delivered during the special session to mark the second year anniversary of the ninth senate.
According to Lawan, out of the total number of bills introduced during the two sessions of the Assembly, 58 have been passed, while 355 bills have gone through first reading.
In addition, the Senate President further disclosed that 175 bills have also gone through second reading and have been referred to the relevant committee for further legislative business; with 11 bills referred by the House of Representatives for concurrence all passed.
He stressed that the “the bills cut across all the sectors and touch most areas of needs in the lives of our citizens.”
He recalled that the ninth senate in its bid to rescue the nation’s economy, embarked on the restoration of Nigeria’s budget cycle to the January to December timeline.
The move, according to him, brought about positive outcomes which made the country’s fiscal plans more predictable and boosted investors’ confidence.
He further stated that the passage of the Deep Offshore and Inland Basin Production Sharing Contracts Act 2004 (Amendment Bill, 2009) was intended to increase Nigeria’s share of revenue from crude oil.
“Other laws that we passed that are having significant impacts on the economy include the Finance Bill 2019 (Nigeria Tax and Fiscal Law) (SB.140), which amended seven existing tax laws.
“In our Legislative Agenda, we had also promised to create a legal environment conducive for ease of doing business.
“We kept this promise by passing the Companies and Allied Matters Act, Cap C20 LFN 2004 (Repeal and Reenactment) Bill 2019 (SB.270)”, Lawan said.
Over thirty lawmakers who took turns to speak during the special session, lauded the numerous legislative interventions of the National Assembly, particularly in the areas of security, economy and governance.
Recall that OrderPaper Nigeria had published a special report on the first year performance of the ninth senate, including on the governance front, among others.
The analysis also showed that bills to create new agencies, amidst calls for cut in the cost of governance, topped the list in same period under review.
This medium will publish a detailed analysis of the midterm report card of the senate in line with our tradition.