Senate opens debate on state of Nigeria economy with view of finding solution to prevailing recession.

The Deputy Senate President, IKE EKWEREMADU, who is from Enugu State, kick-started the debate with a call on the Federal Government to pump more money into the economy.

Senator EKWEREMADU also advised the Executive Arm of Government to take steps to build investors’ confidence in Nigeria.

The PDP Senator observed that persistent branding of Nigerians as corrupt individuals before the international community also impacted negatively on the economy.

He equally observed that the entrenched divisions among Nigerians demands President MUHAMMADU BUHARI to move round the country to foster cohesion among all of Nigerians.

Our correspondent, JAMES IGAH reports that contributions also came from Senator SHEHU SANI of the APC who hammered on economic diversification to boost agricultural activities and export promotion.

On his part; Senator DINO MELAYE of APC from Kogi State made a case of appeasement of Niger Delta militants to boost oil production.

Other senators also made various other suggestions, including ways to block financial leakages in the system and attracting foreign direct investments as solutions to Nigeria’s ailing economy.

Meanwhile; a summary of proceedings of the Nigerian Senate today include a call for the replacement of the Minister of Finance and the Minister of Budget and National Planning.

Senators who agree with the call believe that KEMI ADEOSUN and Senator UDOMA UDO-UDOMA needed to give way for more competent hands.

A statement released from the office of the Senior Special Assistant to the President on National Assembly Matters also underscored calls for release of recovered looted funds to boost the economy.

The Senator canvassed for the enactment of a policy that would make it impossible for public officials to loot the treasury as against trying to stop corruption or catch corrupt individuals.

The Senators rejected calls for the sale of national assets, just as their suggested redistribution of income; encouraging plea bargaining, as well as for President MUHAMMADU BUHARI to drop his body language that does not encourage investment.