Buhari Signs Business Facilitation Bill into Law

President Muhammadu Buhari has signed Business Facilitation (Miscellaneous Provisions) Bill 2022 and five other bills passed by the National Assembly.

The Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Babajide Omoworare, made this known in a statement issued on Monday and titled ‘President Muhammadu Buhari Assents to the Business Facilitation (Miscellaneous Provisions) Bill 2022 and Other Bills.’

According to the Presidency, this is in furtherance of Section 58 (4) of the 1999 Constitution of the Federal Republic of Nigeria.

The statement partly read, “The President sent the Business Facilitation (Miscellaneous Provisions) Act to the National Assembly to ensure the ease of doing business and transparency, efficiency and productivity in Nigeria. The Act amends relevant legislation to promote the ease of doing business in Nigeria and institutionalise all the reforms to ease implementation. The business facilitation bill, among other things, applies throughout the Federal Republic of Nigeria.

“The President also gave his assent to five other bills. The bills are the National Commission for Colleges of Education Bill, 2022; School of Mines and Geological Studies (Establishment) Bill, 2022; Admiralty University of Nigeria, Ibusa (Establishment) Bill 2022; Federal College of Education (Technical), Keana Bill, (Establishment) Bill 2022; and National Institute for Hospitality and Tourism (Establishment) Bill, 2022.”

Bills initiated by the executive branch of government are sent to the Senate and House of Representatives for concurrent consideration. Those sponsored by lawmakers are private member bills.

The last time Buhari signed multiple bills into law was in August 2022. They were eight.