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N’Assembly sets Nig up for $1trn econ by 2030

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By Mercy Kelani

Gender inclusion would be a top priority for the 10th Senate—Senator Bamidele.

The 10th National Assembly passed important laws to promote Economic Growth and set up Nigeria for a $1 trillion Economy by 2030, according to Senate Leader Senator Opeyemi Bamidele, who also outlined the accomplishments of the assembly. At the National Assembly Complex in Abuja, he met with a delegation from the UK Parliament and said that these legislative initiatives were already improving the lives of residents. MP Kate Osamor led the UK delegation, which also featured a number of other British legislators. In addition to assuring National Security and economic resilience, Bamidele reaffirmed the National Assembly’s dedication to bolstering Nigeria’s democratic institutions.

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He also underlined the importance of continuing to work with international parliamentary entities in order to strengthen institutional capacity. Osamor argued during the conference that in order to solve gender inequality in electoral positions, there should be more women in Nigeria’s National Assembly. Bamidele responded by promising that gender inclusion would be a top priority for the 10th Senate, pointing out that while progress had been made in this direction during the 9th Senate, it had not been resolved before the end of its term in June 2023. The 10th National Assembly of Nigeria was established in June 2023 and has since introduced numerous laws to address a range of national issues.

A considerable number of measures are still pending at different stages.

In its first year, the House of Representatives introduced 1,175 measures, compared to 475 bills in the Senate. A considerable number of measures are still pending at different stages, nevertheless, since the legislative process has only made modest progress, with only 19 laws passing the Senate and 58 passing the House. Approving a budget for 2025 worth 54.99 trillion Naira ($36.6 billion), which is more than President Bola Tinubu’s original plan, is one noteworthy legislative accomplishment. This budget seeks to alleviate economic difficulties and promote expansion in a number of areas, which could have an effect on individuals through advancements in healthcare, education, and infrastructure.

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To promote greater representation of women in the Nigerian National Assembly, a delegation from the UK Parliament travelled to Nigeria in March 2025. In addition to stressing the value of gender-balanced leadership, the delegation, led by MP Kate Osamor, called on Nigerian lawmakers to back constitutional revisions that would give women special seats in the legislature. By addressing the gender gap that currently exists in Nigerian electoral offices, this project seeks to guarantee that legislative bodies represent the varied populations of the society they represent.

Proposed constitutional amendment to add 37 seats to N’Assembly for women.

By 2030, Nigeria wants to make its economy a $1 trillion powerhouse. The government is concentrating on a number of strategic measures to accomplish this: lowering reliance on oil by encouraging development in ICT like industry, technology, and agriculture. making investments in vital infrastructure, such as electricity, telecommunications, and transportation networks, in order to draw in Investment and increase productivity. putting into practice measures to enhance the business climate, like Tax breaks and changes to regulations, in order to attract both international and domestic investment.

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Improving the healthcare and Education systems to create a workforce that is healthier and better qualified to propel economic expansion. By fostering an atmosphere that encourages economic competition, these tactics aim to put Nigeria in a position to reach its $1 trillion economic goal by 2030. Nigeria’s 10th National Assembly is working hard to increase the number of women in politics. The proposed constitutional amendment that would add 37 seats to the National Assembly that are exclusively designated for women is one noteworthy initiative.

Related Article: Nigeria National Assembly’s role in politics

Additionally, to remedy the gender disparity in legislative representation, this proposal aims to amend Sections 77(1) and 117(1) of the 1999 Constitution to create these special seats. The UK delegation’s visit serves as more evidence of the initiative’s international backing and the relevance of gender inclusion in governance being acknowledged on a worldwide scale. The 10th Senate hopes to empower women and ensure that legislative bodies better represent the demographics of Nigerian society by putting these policies into effect.

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