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Africa Housing News > Blog > News > Private Sector Expresses Worry Over Frequent Summons by NASS Committees
Organised Private Sector of Nigeria (OPSN)
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Private Sector Expresses Worry Over Frequent Summons by NASS Committees

By Author
Last updated: 2023/09/20 at 3:10 PM
By Author Published September 20, 2023
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Organised Private Sector of Nigeria (OPSN)
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The Organised Private Sector of Nigeria (OPSN) yesterday raised concern over  unbridled invitations and summons of its members by the National Assembly Ad-hoc Committees for investigative hearings.

OPSN noted that the over a decade of continued legislative onslaught has created unnecessary distractions for businesses in Nigeria and further dampened the interest of direct foreign investors.

The body comprises  Manufacturers Association of Nigeria (MAN), Nigeria Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Nigeria Employers Consultative Association (NECA), Nigeria Association of Small-Scale Industries (NASSI) and Nigeria Association of Small and Medium Enterprises (NASME).

READ ALSO: FG to Terminate N6trn Abandoned Road Projects

Director-general of MAN, Segun Ajayi-Quadri told journalists at a briefing in Abuja that sections 88 and 89 of the constitution which has been relied upon by the Committees of the National Assembly is not applicable to businesses in the private sector.

While calling the legislative arm to desist from further threat of its members, Ajayi-Quadri pointed out that the National Assembly should not be the lawmakers and enforcers or implementers of the same laws.

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According to him, “The continuous invitations and related activities by the various Committees and Ad-hoc Committees are at variance and unmindful of the proceedings in court and the Supreme Court itself”.

We expect that the National Assembly will stay further action as a proof of respect for the principle of separation of powers, pending the decision of the court.

It should interest you to note that many businesses have relocated out of the country and many others are rounding off their exit plan because of the inhospitable business environment”.

READ ALSO: High prices push gov’t homes beyond average Nigerians’ reach

The body urged the National Assembly to focus on strengthening the capacity of the executive agencies to effectively carry out their functions, and refrain from carrying out any activity that would constitute a burden or destabilize law abiding businesses in the form of duplicated audits and regulations.

Ajayi-Quadri said that the achievement of the 8-point Agenda of the current administrations requires a conducive environment and active participation of the private sector and  craved the support and partnership of the National Assembly to enable the private sector to make its own contribution to this national agenda.

“We are highly desirous of a constructive engagement with the leadership of the Committees and seek the urgent intervention of the leadership of the National Assembly in order to bring about an amicable solution and deepen our collaboration for the good of the country”, he said.

READ ALSO: Lagos Seeks Private Sector Collaboration for Affordable Housing

Source: Leadershipng

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TAGGED: AFFORDABLE HOUSING, Africa housing news, Construction, Housing, Latest Housing News & Updates - Africa Housing News, NASS, National Assembly, news, nigeria, OPSN, private sector, real estate, trending news
By Author September 20, 2023 September 20, 2023
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