House of Representatives Set to Hold Retreat on Economic Transformation and Development


House of Representatives Set to Hold Retreat on Economic Transformation and Development

The House of Representatives is gearing up for a two-day retreat aimed at strengthening its legislative and oversight capacity, with a focus on economic development and tax reforms. The event, scheduled for April 30 to May 1, 2024, at the Abuja Continental Hotel, will bring together esteemed stakeholders to share insights and expertise on navigating the complexities of economic transformation.

With the theme “Navigating Change: Legislative Strategies for Economic Transformation,” the retreat will feature keynote addresses, panel discussions, and interactive sessions. The event will be declared open by His Excellency, President Bola Ahmed Tinubu, and will include distinguished guests such as Senator Godswill Akpabio, President of the Senate, and Rt. Hon. Femi Gbajabiamila, Chief of Staff to the President and Speaker of the 9th House of Representatives.

Objectives of the retreat include:

– Deepening understanding of the Petroleum Industry Act’s impact on the oil and gas sector

– Exploring parliament’s role in tax reforms

– Effective oversight in public financial management and tax administration

Stakeholders expected to attend include top officials from the Nigerian National Petroleum Company Limited (NNPCL), Federal Inland Revenue Service (FIRS), and Konrad-Adenauer Stiftung, among others.

This strategic initiative of the 10th Assembly aims to sustain capacity development programs for Members and foster collaborative efforts towards economic growth and development. The House of Representatives recognizes its crucial role in shaping the economic trajectory of the nation and influencing the economic environment through its lawmaking and oversight powers.

The retreat promises to be a valuable opportunity for knowledge sharing, capacity building, and strategic planning, equipping participants with practical tools and strategies to effect meaningful legislative and oversight work.

 

LV


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