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House of Reps rolls out legislative action plan to boost Nigeria’s economy

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The leadership of the 10th House of Representatives has unveiled a programme of action aimed at boosting the agricultural sector, create jobs, and create and conducive environment that encourages start-up and nurture innovation hubs.

The Chairman of the Ad-hoc Committee on Legislative Agenda, Mr Julius Ihonvbere, on Monday released a six-point legislative agenda in Abuja which centers on economic empowerment and diversification to reduce the nation’s over-reliance on oil exports.

Ihonvbere said the modernization of farming practice is paramount to its growth.

“In the agriculture sector, we will pass legislation to modernize farming practices, improve access to credit for farmers, and support agricultural research and development.

“in the technology and innovation space, we will foster an environment that encourages start-ups, nurtures innovation hubs, and incentivizes research and development,” he said.

He also stressed that job creation and higher foreign exchange earnings will top the agenda of his colleagues.

“Our overall goals are job creation, higher foreign exchange earnings, new skills development, diversification of exports and strengthening and deepening our technological foundations,” Ihonvbere was quoted as saying.

 

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