News

Buhari Assents To Bills On Establishment Of Nigeria Policy Academy, Animal Diseases Control

President Muhammadu Buhari has assented to two Bills recently passed by the National Assembly as detailed below: ANIMAL DISEASES (CONTROL) ACT, 2022 This Act repeals the Animal Diseases (Control) Act, Cap. A17, Laws of the Federation of Nigeria, 2004 and enacts the Animal Diseases (Control) Act for the purpose of prevention, detection, control and eradication […]

News

Senate Passes Bill To Grant LG Financial, Administrative Autonomy

In the bill, each local government council is to create and maintain its own special account to be called Local Government Allocation Account into which all the allocations will be paid. The bills to grant full financial and administrative autonomy to local governments have been passed by the Senate. The bills seek to amend the […]

Economy

Bill To Ease Retirees’ Access To Pension Funds Passes Second Reading

A bill proposing retirees can make a 75% withdrawal from their Retirement Savings Account (RSA) after retirement has passed second reading at the Senate. The bill titled: “The Pension Reform Act 2014 Amendment Bill 2022” scaled second reading during Wednesday’s  plenary following debates on the general principles of the bill. The bill, sponsored by Senator […]