The House of Representatives says it is imperative that President Muhammadu Buhari addresses a joint session of the National Assembly to outline plans to pull Nigeria out of recession.
The lawmakers reached the resolution on Thursday after a debate that spanned two days at the floor of the lower chamber in Abuja, the nation’s capital.
To indicate how important the situation was, the Minority Leader of the House, Toby Okechukwu as well as some other lawmakers, Leo Ogor and Oluwole Oke, outlined the factors they believe led to the recession.
Most of them identified the Treasury Single Account Policy, Foreign Exchange Policy and the structure of Nigeria as some of the issues that needed to be addressed.
On his part, the Majority Leader of the House, Mr Femi Gbajabiamila, suggested possible ways the Federal Government could get past the economic challenges.
After much deliberations, the lawmakers with the Speaker, Yakubu Dogara, resolved to meet with the Senate to reach a consensus on the need to invite the President for a joint session of the National Assembly.