• Contact Us
  • About Us
Tuesday, August 25, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

metro by metro
April 28, 2020
in Economy
0
0
SHARES
0
VIEWS

COVID-19: Nigeria Will Overcome Difficulties Caused By Dwindling Revenue – Lawan

Read Also

Nigeria’s Inflation Falls To 15.43 As Worries On Food Prices Remain

ICPC Uncovers N24bn Ghost Workers Scandal, Official Puts 14 Family Members On Government Payroll

ECOWAS Targets $294bn Climate Finance Gap, Moves To Unlock West Africa’s Carbon Market

President of the Senate, Senator Ahmad Lawan, on Tuesday assured Nigerians that the country will overcome economic challenges facing the nation as a result of dwindling revenue from crude oil sale.

Lawan stated this in a speech delivered to welcome lawmakers back from a five-week recess embarked on by the National Assembly to contain the spread of the novel COVID-19 disease.

According to him, the decision of the upper chamber to reconvene from recess was “to enable us (Senate) to sustain work on solutions and to ensure that the health crisis does not create further problems that might be much more difficult to deal with.”

He expressed concern that “the pandemic has affected our budget for this year, not just because of falling oil prices, but also because it has forced a reduction in economic activities, leading to an enormous loss of revenue.

He stated that the National Assembly had a series of engagement with the executive arm of government on areas of adjustments for a more realistic implementation of the 2020 budget.

“We are confident that we shall soon overcome this crisis, like previous health emergencies. All hands will however have to be on deck to register a quicker and more resounding success,” the Senate President assured.

Earlier, Lawan lamented the effect of the pandemic which according to him, had killed thousands of citizens across the world.

“We have also lost many of our dear compatriots. One of them is the Chief of Staff to the President of the Federal Republic of Nigeria, Mallam Abba Kyari. We condole with President Mohammadu Buhari (GCFR) on this painful loss, just as we mourn other citizens who have died because of the disease,” he said.

The Senate President called on lawmakers to educate their constituents on the importance of social distancing, personal hygiene, and the need to avoid large gatherings.

“Citizens need to comply with measures like use of facial mask and reduction in movements until the virus is gone,” he stressed.

“It is also important we educate them on the guidelines and protocols of the National Centre for Disease Control (NCDC) on reporting suspected cases.

“The task before us is imperative and the responsibility of the legislator is even more important because of our closeness to the people,” the Senate President added.

Previous Post

Our Collective Humanity Is At Stake: African Development Bank President

Next Post

Oil Traders Shun Nigerian Crude Despite Discounted At $10 Per Barrel

Related Posts

More Nigerians Go Hungry As Food Prices Soar beyond Average Consumers
Economy

Nigeria’s Inflation Falls To 15.43 As Worries On Food Prices Remain

August 17, 2026
ICPC Arrests NSCDC Deputy Commaandant Over Alleged N3bn Fraud
Economy

ICPC Uncovers N24bn Ghost Workers Scandal, Official Puts 14 Family Members On Government Payroll

August 13, 2026
Leadership Deficit And Political Crises Rocking ECOWAS Region
Economy

ECOWAS Targets $294bn Climate Finance Gap, Moves To Unlock West Africa’s Carbon Market

August 12, 2026
Debt Crisis Hits New Highs In Developing Nations, Relief Deal Needed, Says UN
Economy

Amid Rising Revenue FCT, Lagos, Rivers Aaccount For 43% Of Nigeria’s N4.52trn States’ Debt

August 10, 2026
Next Post

Oil Traders Shun Nigerian Crude Despite Discounted At $10 Per Barrel

Redefining Work For The AI Era

August 24, 2026

Rwanda Highlights Potential for Migration to Drive Jobs, Skills and Regional Growth: IOM Chief

August 21, 2026
UK Finance Minister Says Govt To Cut Cost By 15%

Democratic California State Legislator Wahab Wins US House Of Representatives Seat

August 21, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version