Wednesday, 1 March 2017

VP holds back signature on Agric credit bill, 3 others


Nigeria’s Acting President, Professor Yemi Osinbajo has refused to sign into law the Agricultural Credit Guarantee Scheme Fund 2016 as well as three other bills passed by the National Assembly.
In the letter read by Senate President, Bukola Saraki, to the lawmakers during today’s plenary, the acting president said assent to some of the bills was withheld due to certain concerns regarding words and phrases, and the spirit behind the amendment”, “the existence of pending legal issue”.
Saraki, however informed that the chamber would seek legal interpretation and advice on the matter as soon as possible.
It will be recalled that Osinbajo last week signed into law to seven bills passed by the National Assembly.
Other bills returned to the legislature are: Dangerous Drugs Amendment Bill 2016, National Lottery Commission Bill 2016, and Currency Conversion Freezing Order Amendment Bill 2016.

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