|Saraki with Hameed Ali|
According to a report by Premium Times, Saraki said that Ali could be allowed to appear before the Senate for official engagement in casualwear, if he was able to end smuggling.
He said; “To the Comptroller General of Customs, let me say on a lighter note, that once you end smuggling, even if you want to wear jeans and T-Shirt, I will move the motion that you should wear jeans and T-Shirt.
“But on a serious note, this issue is very important. Let us all work towards ending this menace once and for all.”
It was gathered that at the hearing, Saraki exchanged pleasantries with Ali, who had brushed aside the Senate’s resolution he wear official customs uniform to attend its hearing in March.
According to the Senate President, smuggling constitutes the “greatest threat” to the economic diversification drive of the Buhari administration.
The Senate President said; “The singular greatest threat to the delivery of the promises made by President Muhammadu Buhari on the diversification of the economy is this issue of smuggling.
“The level of smuggling that we are seeing cannot continue because they will definitely rubbish all the policies of government if allowed to go on. I am saying that with all sincerity and all level of responsibility and I tell you why.
“Today, the greatest threat to small holder farmers is smuggling. Today, rice farmers who have gone to take loans either from the CBN (Central Bank of Nigeria) or from commercial banks are being threatened by rice coming in from across the borders at highly subsidised rate.
“The meaning of that is that the imported rice will always be cheaper than those produced by our local farmers. A time will come, if we do not do anything, that these farmers will not be able to pay their loans to the banks and this will result in serious crisis.
"The banks that have given loans to these farmers, will also have crisis in their hands. And for the Central Banks that has intervened with billions of Naira again will not be able to recoup their money.” SHARE YOUR STORY WITH US VIA EMAIL: INFO@247NIGERIANEWSUPDATE.CO RECEIVE NEWS VIA OUR WHATSAPP, KINDLY TEXT +234 701 056 0394 TO ADD YOU CLICK HERE TO JOIN US ON OUR YOUTUBE CHANNEL FOR NEWS UPDATE CLICK HERE TO JOIN US ON TWITTER FOR INSTANT NEWS UPDATE: @247NGNEWSUPDATE CLICK HERE TO JOIN MILLIONS AROUND THE GLOBE TO READ NEWS ON OUR FACEBOOK FAN PAGE FOR INSTANT UPDATES ON INSTAGRAM CLICK HERE RECEIVE INSTANT NEWS UPDATE VIA OUR BBM BROADCAST: D3EDEFDF PLACE YOUR TEXT ADVERT BELOW:>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>