The Kogi State House of Assembly on Wednesday called on the state government to organize an Economic Summit with a view to transform the state economically and make it less dependent on monthly allocations from Federal Government.
The resolution of the House came on the heels of a Motion by the Deputy Minority Leader, Barr. Oluwatoyin Lawal of Yagba West State Constituency.
Hon. Haruna Idoko Musa of Idah State Constituency while seconding the motion, noted that every members of OPEC has signaled the danger that would be caused by dependence on crude oil and the recent economic implication caused by the drop per barrel of crude oil.
According to him, the summit if convened, will help bring up ideas from various stakeholders that will help Kogi State to be self sufficient.
Lending his voice to the call, Rt. Hon. Umar Imam Ahmed stated that the summit will enhance the execution of incumbent government on its economic policies.
The Speaker, Rt. Hon. Mathew Kolawole ruled on the motion noting that the Economic Summit will go a long way to transform the State economically.
He said the world is rapidly developing in technology and ousting out the era of crude oil.
Meanwhile, the House adjourned till Tuesday, 24th of October, 2017.Share this on WhatsApp