Senators across party lines on Wednesday scored the 9th National Assembly high during a special session held for mid-term assessment .
Marking the day two days earlier, senators numbering thirty who spoke one after the other, lauded the numerous legislative interventions of the National Assembly, particularly in the areas of security, economy and governance.
According to him, 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.
According to him, “the bills cut across all the sectors and touch most areas of needs in the lives of our citizens.”
Lawan recalled that the ninth Assembly in its bid to rescue the nations’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 added 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.
“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.
The Senate President assured that the upper chamber would, finally this month (June), pass the Petroleum Industry Bill after about 20 years of failed attempts.