NewStats: 3,265,471 , 8,186,836 topics. Date: Sunday, 15 June 2025 at 06:55 AM 5p133j

The Presidency has denied media reports that President Muhammadu Buhari is seeking emergency powers to tackle the nation’s economic challenges.
The Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, said in a statement to our correspondent late last night that the economic management team was considering several measures to urgently reform the economy but they had not yet been communicated to the president.

The vice president’s spokesman stated that those measures had also not been ed to the Federal Executive Council and the National Assembly.
He said: “The economic management team has indeed been considering several policy options and measures to urgently reform and revitalise the economy. Some of these measures may well require legislative amendments and presidential orders that will enable the executive arm of government move quickly in implementing the economic reform plans.

“As far as I know, this has not been ed on to the president, the Federal Executive Council or the legislative arm of government. So, at this point, there are no further details to share.”

A newspaper report yesterday said Buhari would be seeking emergency powers from the National Assembly to get the economy out of recession, shore up the value of the naira, create more jobs, boost foreign reserves, improve power and revive the manufacturing sector.
The report said the decision was based on a proposal from the economic team headed by Vice President Yemi Osinbajo

In the bill, the executive will be asking for the President to be given sweeping powers to, among other things, set aside some extant laws and use executive orders to roll out an economic recovery package within the next one year.

Mixed reactions

However, before the denial by the vice president’s office, the proposal had already found acceptance among industrialists and experts as well as some legislators who spoke to Daily Trust.
Many industrialists and experts said such proposal was long overdue and should be granted by the National Assembly.
Some senators and representatives interviewed said the request should be specific to avoid “issuing a blank cheque to the President”.

A ranking senator who spoke to on condition of anonymity said that the granting of the sweeping power to the President would negate the principle of separation of powers between the Executive and Legislature.

“What will be the function of the National Assembly if we grant these powers to the President? He has to be specific on what he wants. Approving this will amount to issuing a blank cheque to him. This will not be good as it will bring about dictatorship,” he said.
He said it would be very difficult for the bill to sail through at the National Assembly.

But on his part, the chairman of the Senate Committee on Ethics, Privileges and Public Petitions, Senator Samuel Anyanwu (PDP, Imo East) said they would it if it would stimulate the economy of the country.
“Anything that would revamp the economy, reduce unemployment and put food on the tables of Nigerians would be ed as you know hunger is everywhere in the country,” he said.

Anyanwu, however expressed reservations about the request to empower the President to vire projects in the Appropriation Act without recourse to the National Assembly.

When ed, the Senate Leader, Ali Ndume (APC, Borno South) said, “I haven’t seen the details of the bill, therefore I won’t comment on it.”

Also, the chairman of the Senate Committee on Rules and Business, Senator Baba Kaka Bashir Garbai (APC, Borno Central) said that they would anything that addressed the challenges facing the country.
When ed, the spokesman of the House of Representatives, Abdulrazak Namdas (APC, Adamawa) said the House would wait until such a time the president formally notifies of his decision.
“For now, it’s in the realm of speculations. As you know, the House is currently on recess, but when we resume and if he eventually forwards the request, we’ll look at it and know what to do. But for now, we can’t say anything concrete,” he said.

However, an APC member in the House told Daily Trust that should the president write the National Assembly for such power, he might face serious challenge as many lawmakers would demand full explanation on what exactly he would want to achieve.
“There will be serious problem from the opposition. Some of us in APC too can be critical. For example, will say let the president tell them the exact things he’s thinking about doing. What if he retrenches the workforce or reverses the minimum wage? What if it will have adverse effects on tax while industries are down? What if he says taxation should be escalated to 100 percent?
“So, we can’t just give him blanket powers. But if he says something like they’ll ban rice importation, that one is positive; he doesn’t need any powers from the National Assembly for that. Even among APC , there will be resistance.”

Experts differ

While some industrialists and experts have expressed others have expressed concern over the request.
The National President of the Nigerian Association of Small Scale Industrialists (NASSI), Ezekiel Essien, told the Daily Trust that industrialists were behind the President in this latest move, describing it as “long overdue.”
“Most of our contracts go to foreigners. All the monies go offshore. They only take local people here as carpenters and drivers. The money goes out of the country,” he said.
An economist, Gabriel Offiong, who is the Chief Executive Officer of an Abuja-based consultancy firm, Moon Global Ventures, said the President was right in that direction as long as it would help to revamp the flagging economy.

“He needs to intervene otherwise we are in trouble. He needs to overrule the period set in the procurement Act so that capital projects in the budget can be delivered before the end of the year,” he said.
He recommended that the National Assembly should give the president the powers he seeks by approving the emergency bill within one week.

Daniel Ikhouria, a development researcher, said: “This is a serious matter because the president is asking for a double edge sword which is anchored largely on his integrity.

“It will be good for the president to also demonstrate the measures that would be put in place to check abuse because if he is asking for the suspension of the procurement law, can we vouch for his lieutenants not to abuse this by awarding contract to themselves?”
The President of the National Association of Nigerian Traders, (NANTS) Barr. Ken Ukaoha said: “we need to do extra ordinary things if we must pull out this economy from the woods and that includes some of the things the president is seeking the National Assembly approval to do.
“For instance, do we need the amount of aircraft we have on the presidential fleet, off course no. And if we need the president to grant waivers for the procurement of a very essential item that would help in propelling the economy, why not?”

Barr Liborous Oshoma in his submission said: “The problem we currently have is one of trust because at every turn in our National life, the government had come out with proposal like this especially in the disposal of assets as we saw with the Ajaokuta steel, Alaja steel and the power holding companies and the exercise did not achieve its intended aim.

“So you would excuse the fears been expressed by some people, therefore what the government now needs to do is to continue to give the assurance that the implementation would be adequately monitored”

In the bill, the president is seeking powers to give contractors 50 per cent mobilization fees unlike 15 per cent obtainable today. “The 15 per cent is grossly inadequate according to the source.
This is why most projects are abandoned because the 15 per cent the contractors get is not enough to substantially execute projects,” an aide of the president said.

http://www.dailytrust.com.ng/news/general/economy-buhari-not-seeking-emergency-powers/159826.html

Hunnm may God help us

We are all in this together. So no panic!

Totally against so much powers to the executive.... its buhari today, it might be abacha tomorrow....

Ofcos he is seeking the power

We all know that

How long will the recession be? May we find a gateway.

Esseite:
Totally against so much powers to the executive.... its buhari today, it might be abacha tomorrow....

It's actually wrong to grant him more powers,we all know PMB he doesn't listen to people and can be very aggressive

Though, not in of the proposed emergency powers for the President, it'll definitely lead to abuse of separation of power.




But why is this istration always confused? They're always denying what is already published in the dailies.

it should be approved for only one year.

They should clearly state in the bill this law expires by mid night 31st December 2017.

No comment.. I no wan go prison

even with all the presidential powers he has the economy is almost dead and he is still seeking for more powers. Give Buhari all the powers and he'll only mess things up the more. Ignorance and stubborness is a very deadly combination.

We can't trust PMB with more power especially when such power becomes absolute.
What does he want to achieve now that he couldn't with his presidential power?
He hasn't been faithful with the power he presently has as president why should we give him more. Emergency power means he can sell Nigeria if he so wish or appoint has Ministers 100% from katstina state if he likes, removes CBN Governor with executive order, or mobilise contractors 100% if he so wish.
Absolute power corrupt absolutely.

Did Obama of America , Hollande of of seek such power when they were elected in the middle of recession? If you can't savage the economy with friendly economic policies, stop asking for more power to arrest Dog namers.

Bubu is super lazy, without any interference, he couldn't choose his cabinet till after 6 months, it goes a long way to tell you he's not fit to be a president.

#childishPresident

Better to seek and obtain such powers to tackle the challenges. At the end of the day, it's the wailers that will still blame you for not proffering solutions to the problems.

You have less than three years to find solutions by whatever means necessary. Leave wailers alone because nothing you do will please them.

greatgod2012:
Though, not in of the proposed emergency powers for the President, it'll definitely lead to abuse of separation of power.




But why is this istration always confused? They're always denying what is already published in the dailies.

The report on seeking emergency power, was it from APC or the presidency?

You guys need to develop and mature at speed of light.

Confusion galore.

So they want to modify our democracy. Excessive power to a former Dictator may not mean well. The problem we have is inadequate money in circulation and spiraling inflation. Is that the problem of one set of laws?

Wetin we go believe for this country sef? This today, that tomorrow fit make pesin go haywire...............

d

And this denial is coming just after the Senate made it clear that they wouldn't grant Empereor Cassandra extra powers. Lol lol lol, who didn't expect this?
Government of denials

Forget about the denial, the presidency is testing shallow waters to differentiate them from ocean.

President Buhari meant everything you read on the rumour mill published by the Nation news media. It is obvious the inexperienced born-again democrat cannot function well in a Democracy without injecting some elements of dictatorship into the system.

Ask yourselves these questions, are there bills the presidency forwarded to NASS on Economic Recovery that were even delayed let alone rejected? Did he address Nigerians on what he intend doing which require constitutional changes? The only thing this istration knows best is shifting blames and responsibilities and this time, the presidency entails laying the blame on the National Assembly as usual.

Let's stop this bullshit and tell the President resounding capital NO to dictatorship. The separation of powers is the foundation of democracy as enshrined in our constitution and the power of the purse lies with the NASS.

Esseite:
Totally against so much powers to the executive.... its buhari today, it might be abacha tomorrow....

Yea, but guess u love the current economic situation then?

bettercreature:
It's actually wrong to grant him more powers,we all know PMB he doesn't listen to people and can be very aggressive

Are u a cleaner in Aso Rock?

"As far as I know, this has not been ed on to
the president, the Federal Executive Council or the
legislative arm of government. So, at this point,
there are no further details to share.”

APC and change of mouth(conflicting statements) are like...................... You know nau

masterchi:
even with all the presidential powers he has the economy is almost dead and he is still seeking for more powers. Give Buhari all the powers and he'll only mess things up the more. Ignorance and stubborness is a very deadly combination.

buhari will reel out nada with extra powers...He would only jail opponents with it...that guy can never be trusted....

Conflicting and Confusing Policies/Statement as usual. Smh

frenchwine:
And this denial is coming just after the Senate made it clear that they wouldn't grant Empereor Cassandra extra powers. Lol lol lol, who didn't expect this?
Government of denials

...The old man needs extra powers to think we'll to save our economy...

After finding the Niger delta trouble he needs extra power....that power e no go get am....

DropShot:
Better to seek and obtain such powers to tackle the challenges. At the end of the day, it's the wailers that will still blame you for not proffering solutions to the problems.

You have less than three years to find solutions by whatever means necessary. Leave wailers alone because nothing you do will please them.

na so the country u dey them dey run am......let the old man bring back our economy the way he met it....its not rocket science...let him apologise to the Niger delta so that oil can help out...

He wants extra power...rubbish...why didn't he mention it in his campaign....

You don't give sweeping power of any kind to a man.. Yes Buhari is a man and giving him that power is a suicide mission for our country's democracy. After giving him sweeping economic power, he will seek for sweeping security power to fight insecurity and when that happens, then it's safe to say bye bye to our democracy.. That's how tyrant rulars start.. Buhari must abide by our extant laws in all his dealings, if he can't do that, then he should step aside. We say a capital NO to any kind of power alien to our constitution!!!

That statement resemble heavy lie!

Izonpikin:
na so the country u dey them dey run am......let the old man bring back our economy the way he met it....its not rocket science...let him apologise to the Niger delta so that oil can help out...

He wants extra power...rubbish...why didn't he mention it in his campaign....

that animal you quoted doesn't reside in Nigeria so whatever the ediot in Aso Rock does will not affect him. He is known to every type of nonesense coming out from the presidency.. I wonder why some people can be so wicked?

The beauty of democracy is in the relationship the 3 arms of government have in delivering progress.

Buhari has proven over time that he cannot work with anyone.

Federal ministers have been reduced to messengers
Police is now like private army
And now, the Legislature is about to be done away with

The best path any democratic leader should take is to present a bill to the Legislature to amend, for instance, the procurement bill and lobby them for faster age NOT looking for powers to set the bill aside.

US government has full time lobbyists to work with the Legislature and push any executive policy through, Buhari and El rufai just think they know the best and everyone else are zombies