Minister of Finance, Kemi Adeosun, and her counterpart in the Budget Ministry, Udoma Udo- Udoma today gave conflicting assessment of the state of the Nigerian economy.
Adeosun, who appeared before the Senate to brief the lawmakers on the state of the economy, remarked that the economy was technically in a state of recession.
The Senate on Tuesday held a closed-door meeting with the Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele on the monetary policies being adopted by the apex bank in order to salvage the country’s economy.
The Attorney General of the Federation, AGF, Abubakar Malami has appeared before the Senate after the upper legislative chamber threatened to issue an arrest warrant to compel him to appear before the red chamber.
Senate President, Bukola Saraki released a statement on Monday in Abuja, insisting that the ongoing forgery trial against himself and his deputy, Ike Ekweremadu, was just another phase in the relentless persecution of the Leadership of the Senate as well as a violation of the principle of separation of powers between the Executive and the Legislative arms of government.
The screening of 47 ambassadorial nominees by the Senate has been put on hold following what federal lawmakers called irregularities in the nomination process.
