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AfricaBusiness & FinanceNigeria

We’ll build infrastructures to lift Nigerians out of poverty – Speaker

By Oluwaseun Sonde

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The Speaker of House of Representatives, Rep Femi Gbajabiamila has emphasized that the House of Representatives’ responsibility is to act with urgent determination to build the infrastructure that is required to lift millions of fellow citizens out of poverty.

Speaking during an interactive session in Abuja on Thursday, between the House Committee on Finance and revenue-generating agencies for the consideration of MTEF and FSP documents revealed that the House will impose deep cuts in the cost of governance and prioritize infrastructural development.

According to him, “All of us in the House of Representatives recognize that the challenges we now face will not abate in the medium term. Yet, we are committed to using the appropriations process as a tool for accomplishing our nation’s most pressing development objectives”.

“We have a responsibility to act with urgent determination to build the infrastructure that is required to lift millions of our fellow citizens out of poverty. We recognize that we cannot accomplish these objectives using loans and outside financing alone”, he said.

He added that House need to impose deep cuts in the cost of governance and improve internal revenue generation and collection so that “we can free up resources that can then be deployed to fund policy initiatives that will enhance the lives of our people.

“The legislature remains the keeper of the public purse, with broad constitutional authority to act on behalf of the Nigerian people, to ensure that our collective resources are efficiently administered in service of the public good”, he said.


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