Breaking

Wednesday, 22 November 2017

President Buhari refuses to sign 2 bills from National Assembly

President Buhari faults the words and phrases used in two National Assembly bills

- AGF Malami honours Senate panel over Maina investigation
President Muhammadu Buhari has turned down two bills forwarded to him by the National Assembly.
The president in two separate letters to the Senate on Tuesday, November 21, said that he declined to give his assent to the bills because of certain words and phrases used in the documents.

The bills that were rejected by the president are the University of Wukari establishment bill 2017 and Chartered Institute of Treasury Management establishment bill 2017.
The president's letter was read to the senators by Senate president, Bukola Saraki.
The letter read: “Pursuant to section 58 (4) of the constitution of the federal republic of Nigeria 1999. I hereby convey to the senate my decision on the 25th of October, 2017 to withhold assent to the University of Wukari establishment bill 2017."
The rationale for withholding assent is regarding certain words and phrases utilised in the bill.
“For instance statutes should replace regulation throughout the bill for consistently. Paragraph 9 (1) of the first schedule should refer to the president and not the visitor and paragraph 5 of the first schedule should refer to sub-paragraph 2 and not sub-paragraph 3.
“The phrase treasury management is not defined in the bill, greater clarity maybe required regarding the impact of the bill of the central bank’s regulation of treasury managers in banks and the relationship between the professional institutes and other existing professional institutes that regulate treasury managers in Nigeria.
“Please accept senate president assurances of my highest consideration.”
Below are tweets from the Senate proceedings on the issue:

No comments:

Post a Comment

comment below and share