The second tier of Nigeria’s legislature, the House of Representatives, announced on Tuesday that it had begun the second edition of its sectoral debates and dialogues as part of its periodic policy brief series.
This was revealed in a statement released by House spokesperson Akin Rotimi on Monday evening, stressing that the programme has been “billed for the financial sector and is scheduled 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, and the Chairman of the Federal Inland Revenue.”
Yahaya Danzaria, the Clerk of the House, in a letter headed “Notice of Sectoral Debates with Financial Sector Stakeholders” also confirmed the development.
The goals of the Debates Series also include “promotion of smooth legislative-executive relationships for good governance” and “strengthening of legislative oversight of key Ministries, Departments, and Agencies of Government.”
The Speaker of the House, Tajudeen Abass had stated that the House was extremely concerned about the situation of the economy upon the reopening of plenary for the year, emphasising that the nation was facing several obstacles that were preventing 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 said.
The current set of legislatures, the 10th Assembly, has been in the spotlight for its “romance” with the federal executive, and many have wondered if it has a stand to perform its constitutional duties of effectively checking other arms of government. The sectoral briefs would seem like the right step, but it is yet to be seen what comes out of the probes given the history of many similar actions without evident consequences.