Senate calls on FG to inject funds into the economy
The Nigerian senate resumed from its eight week vacation with a call on the executive to immediately release funds to ensure not only full implementation of the budget, but also an injection of funds into the economy.
The Upper Legislative Chamber believes there is need for drastic actions that restore confidence in the economy and get investors back in the country.
It also gives guidelines it believes the Executive should follow in order to put an end to the current economic recession.
The senate advises the government to raise money from the sale of assets, shore up foreign reserves, calm investors and discourage currency speculation.