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Buhari Signs Business Facilitation Bill 2022 into Law

admin by admin
February 14, 2023
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Buhari Signs Business Facilitation Bill 2022 into Law

The President of the Federal Republic of Nigeria, President Muhammadu Buhari has assented to Business Facilitation (Miscellaneous Provisions) Bill 2022 passed by the National Assembly, in furtherance of Section 58 (4) of the Constitution of the Federal Republic of Nigeria.

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 institutionalize 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:
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

National Institute for Hospitality and Tourism (Establishment) Bill, 2022

Signed:
Senator Babajide Omoworare CON
Senior Special Assistant to The President on National Assembly Matters-Senate

February 13, 2023.

 

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