Reps Move to Broaden Coverage of Capital Market in Nigeria    The House of Representatives has passed a bill for a second reading that will broaden Nigeria's capital market by allowing greater participation from entities that have previously been excluded. The bill sponsored by Benjamin Kalu...

Senate Passes Rice Council Bill   The Senate, on Wednesday, passed a bill seeking to establish National Rice Development Council, expecting it to save Nigeria about $2bn annually from rice importation and improve foreign exchange earnings. The passage followed the consideration and adoption of the report by...

India Announces Bill To Ban Cryptocurrencies   India’s government will introduce a bill to ban private cryptocurrencies and create a framework for a central bank-backed digital money, parliament said in a shock announcement late Tuesday. The proposed bill “seeks to prohibit all private cryptocurrencies in India”, the...

Senate Mulls New Bill Assigning NIPOST Stamp Duty Collection       The Senate Committee on Communications on Monday held a public hearing on two bills. One of the proposed legislation, among others, empowers the Nigerian Postal Service to collect stamp duty for the Federal Government. NIPOST and Federal Internal...

Senate Passes Bill To Establish Agric Devt Fund     The Senate on Wednesday passed for the third reading a Bill seeking to establish a National Agricultural Development Fund. The report on the Bill entitled: “National Agricultural Development Fund (Establishment) Bill, 2021” was presented by the Chairman, Senate...

Water Resources Bill 2020 Contravenes Existing Laws By Adedamola Adejokun         AN ANALYSIS OF THE NATIONAL WATER RESOURCES BILL, 2020 In 2017, the National Water Resource Bill was sent to the National Assembly with a request that it be passed into law. The bill which sought to transfer the...