President Buhari Signs Bills On Electoral Act, Money Laundering, Terrorism, Others

Date: 16-08-2022 1:04 pm (1 month ago) | Author: Olusanya Akinrinola
- at 16-08-2022 01:04 PM (1 month ago)
(m)

President Muhammadu Buhari has given assent to some major bills.

The bills are as follows: Electoral Act (Amendment) Bill, 2022; Money Laundering (Prevention and Prohibition) Bill, 2022, repealing the Money Laundering (Prohibition) Act, 2011 as amended; Terrorism (Prevention and Prohibition) Bill, 2022, which repeals the Terrorism (Prevention) Act, 2011 as amended in 2013;

Deep Offshore and Inland Basin Production Sharing Contracts Act, 1993 (Amendment) Act, 2019, for increased revenue; Asset Management Corporation of Nigeria (AMCON) Amendment Acts of 2019 and 2021; Proceeds of Crime (Recovery and Management) Bill, 2022, which approves the seizure, confiscation and forfeiture of properties derived from unlawful activity;

Federal Competition and Consumer Protection Commission (FCCPC) Bill, the first legislation focused on curbing anti-competition practices, establishing the FCCPC; Nigeria Center for Disease Control (NCDC) Establishment Act, 2018; The Plant Variety Protection (PVP) Act 2021;

Mutual Assistance in Criminal Matters Bill, 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;

The President also signed an Act establishing the Police Trust Fund, which will improve funding for the Nigeria Police Force (2019). − Nigeria Police Act, 2020 – the first comprehensive reform of Police legislation since the Police Act of 1943;

Repeal and Re-Enactment of the Companies & Allied Matters Act (CAMA), 2020, the first comprehensive reform since 1990; Not Too Young to Run Bill (2018), a Constitution Amendment Bill to reduce the age of eligibility for running for elective office in Nigeria;

Nigerian Correctional Services Bill, 2019, the first comprehensive reform of prison legislation in close to five decades; Suppression of Piracy and other Maritime Offences Bill, 2019 – the first anti-piracy legislation in West Africa.


Posted: at 16-08-2022 01:04 PM (1 month ago) | Hero
- gogoman at 16-08-2022 01:53 PM (1 month ago)
Online (m)
BU BU the correct man... we dey see ur hard work
Posted: at 16-08-2022 01:53 PM (1 month ago) | Addicted Hero
Reply

fire TRENDING GISTS fire

TODAY'S TOP
  1. VIDEO: Bola Tinubu and Other APC Members Inspect Campaign Office in Abuja

  2. BREAKING NEWS! Appeal Court Orders ASUU To End Strike, Lectures to Resume Work

  3. Dammy Krane Cries Out For His Life, Accuses Davido Of Sending His Boys To Attack Him

  4. EFCC Arraign Popular Abuja-based Businessman Wale Jana Over N12million Fraud

  5. Nigerian Singer Tfame Hospitalized After He Was Robbed & Stabbed By His Besties in S. Africa

  6. Nigerian Socialite Dies While Undergoing Liposuction Surgery in India (Video)

  7. How 50yr Old Olukayode Joseph Sedates And Turned His Teenage Daughter to a S3x Machine in Ogun

  8. President Buhari Presents N20.51trn 2023 Budget Proposal to National Assembly


THIS WEEK
  1. Babangida Taunts Tinubu, Tells Him He Doesn't Need Bike Riding Video To Prove Fitness

  2. Asari Dokubo Displays AK-47 Rifles, Threatens Supporters of Peter Obi (Video)

  3. VIDEO: Bola Tinubu Receives Massive Support At A Rally In Benue

  4. Ogun PDP Guber Candidate, Adebutu Says It Is Not Yoruba’s Turn To Be President In 2023

  5. Just In: Asiwaju Tinubu Debunks Ever Withdrawing From Presidential Race

  6. Atiku Will Win By 7m Votes Margin – PDP National Chairman, Ayu Boasts

  7. Kemi Olunloyo Tells Army To Deal Mercilessly With Peter Obi Supporters

  8. 2023: Thousands Of Women Rally In Support Of Tinubu/Shettima In Imo

  9. Lagos State Deputy Governor Reacts To Claims Of Son Supporting LP Candidate, Peter Obi

  10. God Told Me Who Will Become Next President, He's Against Muslim-Muslim Ticket —Primate Ayodele


TOP MEMBERS: