The Federal Government of Nigeria has listed more than 20 “major bills” signed by President Muhammadu Buhari.
FG made the list in series of tweets on Monday via the government’s verified Twitter handle.
Here are the “major bills” as written by FG:
1. Electoral Act (Amendment) Bill, 2022
2. Money Laundering (Prevention and Prohibition) Bill, 2022, repealing the Money Laundering (Prohibition) Act, 2011 as amended.
3. Terrorism (Prevention and Prohibition) Bill, 2022, which repeals the Terrorism (Prevention) Act, 2011 as amended in 2013.
4. Proceeds of Crime (Recovery and Management) Bill, 2022, which makes comprehensive provisions for the seizure, confiscation, forfeiture, and management of properties derived from unlawful activity.
5. Deep Offshore and Inland Basin Production Sharing Contracts Act, 1993 (Amendment) Act, 2019, which will deliver increased revenues to the Federation.
6. Asset Management Corporation of Nigeria, AMCON (Amendment) Acts of 2019 and 2021.
7. Federal Competition and Consumer Protection Commission (FCCPC) Bill, the first legislation in Nigeria’s history focused on curbing anti-competition practices; establishing the Federal Competition and Consumer Protection Commission.
8. Nigeria Center for Disease Control (NCDC) Establishment Act, 2018
9. The Plant Variety Protection (PVP) Act 2021.
10. Mutual Assistance in Criminal Matters Bill, signed into law in 2019. The Bill facilitates the identification, tracing, freezing, restraining, recovery, forfeiture and confiscation of proceeds, property, and other instrumentalities of crime, as well as the prosecution of offenders in criminal cases regardless of where in the world they might be.
- Read also: Zamfara govt approves death penalty for bandits, informants, others
- Nigeria electricity workers hold protest, set for strike
- CBN increases interest rates on savings deposit to 4.2%
11. Act establishing the Police Trust Fund, which will significantly improve funding for the Nigeria Police Force (2019).
12Nigeria Police Act, 2020 – the first comprehensive reform of Police legislation since the Police Act of 1943.
13. Repeal and Re-Enactment of the Companies & Allied Matters Act (CAMA), 2020 – the first comprehensive reform since 1990.
14. Not Too Young to Run Bill (2018) – a Constitution Amendment Bill, to reduce the age of eligibility for running for elective office in Nigeria.
15. Nigerian Correctional Services Bill, 2019 – the first comprehensive reform of prison legislation in close to five decades.
16. Suppression of Piracy and other Maritime Offences Bill, 2019 – the first anti-piracy legislation in West Africa.
17. A Bill to grant financial autonomy to States’ Houses of Assembly and States’ Judiciary (2018)
18. Banks and Other Financial Institutions Act (BOFIA) 2020.
19. Finance Acts 2019 and 2020.
20. The Discrimination Against Persons with Disabilities (Prohibition) Act, 2018
21. Credit Reporting Act (CRA) 2017
22. Secured Transactions in Movable Assets Act (STMAA) 2017
President @MBuhari has given presidential assent to the following major Bills:
− Electoral Act (Amendment) Bill, 2022
− Money Laundering (Prevention and Prohibition) Bill, 2022, repealing the Money Laundering (Prohibition) Act, 2011 as amended.
— Government of Nigeria (@NigeriaGov) August 15, 2022
Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.
