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National Assembly to host round-table session on economy

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The inaugural National Assembly Business Environment Roundtable (NASSBER) will hold tomorrow (Monday) in Abuja with key stakeholders drawn from the executive, legislature and the private sector coming together to seek workable solutions to the nation’s economic problems.

In a statement in Abuja, Special Adviser on Media and Publicity to the Senate President, Yusuph Olaniyonu, said the session would deliberate on the recommendations of the Business Environment Legislation Review Report which was submitted by a team of experts on February 29.

He stated that ” 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, “provide 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,” Olaniyonu stated.

A further aim of the NASSBER, he noted, is to ensure that the private sector plays an active and effective role in the formulation of public policy.

He added: “The National Assembly Business Environment Roundtable is a platform designed to ensure that through research and advocacy, the Private Sector, Legislature and Executive engage to promote relevant and sound public policy.

“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.

“Increasing competitiveness and private sector investment; Opening and expanding markets through infrastructure development; and, Creating Engagement, Advocacy and Consultation across key stakeholders”, he stated.

He said that the Roundtable will play host to top government and business leaders with the keynote addresses to be presented by Senate President, Dr Abubakar Bukola Saraki and the Speaker of the House of Representatives, Honourable Yakubu Dogara.

The statement added that the roundtable event will be the first in a series of similar events aimed to drive forward the reforms in the national economy.

“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,” he said.

Yusuph Olaniyonu

Special Adviser, Media and Publicity, to the Senate President

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