By Gloria Ikibah
The House of Representatives has restated its commitment to transparency, inclusiveness, and people-oriented legislation aimed at driving Nigeria’s economic growth and institutional reform.
Chairman, House Committee on Commerce, Rep. Ahmed Munir reaffirmed this at a public hearing on ten bills on Thursday in Abuja,
According to him, the House remains focused on ensuring that every proposed law reflects the genuine needs of Nigerians.
He stated that the proposed legislation covers multiple sectors of the economy, with provisions to establish new professional regulatory bodies, amend outdated laws, and strengthen the operational capabilities of existing institutions for greater service delivery.
“A critical look at these bills shows that both the legislature and the executive have the interest of the citizens at heart.
“Some of these bills, if passed, will create regulatory institutions that ensure professionalism, accountability, and efficiency across various sectors,” Munir stated.
Among the notable bills deliberated on was the Bill for an Act to Establish Climate Resilient Commerce in Nigeria (HB. 2206), which seeks to create a framework for promoting sustainable economic growth and reducing the vulnerability of Nigerian businesses to climate-related risks.
Rep. Munir highlighted that the proposed legislation aligns with global efforts to mitigate climate change impacts and will position Nigeria to take advantage of international partnerships and incentives tied to environmental sustainability.
“The importance of synergy between the legislature and the executive toward good governance and human capital development cannot be overemphasized.
“Bills like this will help moderate potential damage, reduce long-term risks, and enable us to benefit from global and local opportunities associated with climate change mitigation”, he added.
The Committee considered ten bills at the hearing, including those seeking to establish or amend professional and regulatory bodies such as the Chartered Institute of Nigerian Universities Professional Administrators, the Institute of Chartered Biochemists and Molecular Biologists, the Chartered Institute of Mortgage Bankers and Brokers, the Chartered Institute of Entrepreneurship Consultants, and the Chartered Institute of Enterprise Risk Management of Nigeria.
Also listed were amendments to the Nigerian Export Promotion Council Act and the National Institute of Marketing of Nigeria Act 2003, as well as bills to strengthen risk management and financial analysis practices in Nigeria.
The Chairman further stated that the essence of the public hearing was to provide a platform for citizens and stakeholders to express their views, thereby enriching the legislative process with diverse perspectives.
“Every democratic dispensation is guided by laws that help ensure good governance and allow citizens to benefit maximally from government programmes,” he said.
The lawmaker commended President Bola Ahmed Tinubu’s administration for stabilizing key economic indicators, including achieving a 3.9% annual GDP growth and improving revenue mobilization.
He described these achievements as signs that “the bleeding has been stopped,” as he said the next phase should focus on translating macroeconomic progress into tangible benefits for ordinary Nigerians.
“What is critically left is the healing of the wound, ensuring that the gains at the macro level translate into micro-level improvements for our people.
“This requires expanding social protection schemes, ensuring transparency in public finance, tackling food insecurity, and addressing inflation and trade barriers,” Munir said.
Rep. Munir stressed that the 10th Assembly remains a People’s Parliament, committed to openness, inclusivity, and national interest. He recalled that the House recently conducted nationwide hearings on constitutional amendments, underscoring its dedication to participatory governance.
He urged participants to be constructive and concise in their submissions, assuring them that all contributions would be considered in shaping final recommendations.
“We all have one purpose at heart, uplifting our people as we build a greater nation,” he said.