OrderPaperToday – At a time when synergy and unity of purpose is needed to take Nigeria out of the woods, the presidency and the national assembly will today convene parallel sessions on the state of the economy.

While the presidency’s economic confab which has been much talked about in the last few weeks will hold this morning under the auspices of the National Economic Council (NEC), the senate president, Bukola Saraki, is convening for the legislature.

The NEC is comprised of key stakeholders in government management of the economy including Ministers of Finance, Budget and Economic Planning, state governors, and other top officials in budget and finance- related portfolios of the federal government.

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It is chaired by the Vice President, Prof. Yemi Osinbajo. The NEC conference according to a statement by media aide to Osinbajo, Mr. Laolu Akande, is expected to chart a way forward for the economy.

On the other hand, a statement by the special adviser on media and public affairs to Senator Saraki, Yusuph Olaniyonu, said the inaugural National Assembly Business Environment Roundtable (NASSBER) will hold from 9am in Abuja today.

The statement said “key stakeholders drawn from the executive, legislature and the private sector coming together  to seek workable solutions to the nation,’s economic problems.

According to Saraki, ” as part of the  activities leading up to the inaugural NASSBER, a Business Environment Legislative Review was conducted and the final peer-reviewed report was submitted to the National Assembly on 29th February 2016; which identified institutional, regulatory and legal instruments currently constraining and impeding business activity in Nigeria”

The findings and recommendations of the Business Environment Legislative Review Report, according to him, “provides a framework for the assessment and improvement of legislation and policy affecting businesses in Nigeria and will direct the deliberations at the first NASSBER event.

“The discussions will cover Competition; Doing Business; Infrastructure (Public-Private Partnerships, Rail, Maritime and Roads); Finance and Investment; Intellectual Property and e-business; and taxation amongst others.

“The National Assembly Business Environment Roundtable hopes to achieve a number of specific objectives, including: Legislative reform as it pertains to improving the business environment in Nigeria; Strengthening the foundation of the Nigerian Economy by ensuring smart and effective regulation.

“The National Assembly Business Environment Roundtable (NASSBER) is the platform that will lead to the engagement of the private sector, legislature and executive to promote relevant and sound public policy. Through research, the National Assembly Business Environment Roundtable would convene to advocate and promote policies that strengthen the Nigerian economy and guarantee private sector investment.”



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