Professional Documents
Culture Documents
8th Senate
of the Federal Republic
of Nigeria
T
AF
DR
AL
FIN
ECONOMY,
CREATING
OPPORTUNITIES
FOR NIGERIANS
Senate Report: Reviving The Economy, Creating Opportunities For Nigerians | 2
that enables private sector participation almost 4000 secondary health facilities
and financing for the delivery of targeted serving our population, well under the
high priority transportation projects. Railway WHO recommendation. There is an urgent
infrastructure is one of such priorities and need to increase funding for and access
the Nigerian Railway Authorities Bill allows to primary healthcare and the Senate has
the participation of the private sector in set aside one per cent of the Consolidated
investment in and management of railway Revenue Fund for the basic health care in
infrastructure. In addition we have passed the 2018 Appropriation Bill which has been
legislation that will enable investment in and signed into law.
improve our roads and ports.
The Universal Basic Education (UBE)
High rates of poverty and income inequality programme in Nigeria was launched in
are fueling insecurity and instability. A large 1999, with the goal of providing free,
number Nigerians live under US$2 a day. universal and compulsory basic education
Through the Improving Livelihoods agenda, for every Nigerian child aged 6-15 years.
the Senate is working to raise standards This programme has failed to meet its
of living, ensure that every Nigerian has objectives due to a number of reasons
access to basic healthcare and that every not least inadequate funding. With the
Nigerian child is educated at least to amendment to the Act establishing the
secondary school level thereby increasing programme we have increased Federal
opportunity. Government funding for the programme.
Our vision is to see 100% of our children
The Nigerian Bureau of statistics has under the age of 12 educated.
put the North East of Nigeria as having
the worst socio-economic conditions in The 8th Senate will continue to pursue its
the country with the highest poverty and legislative agenda, to reform the economy
illiteracy rates in the country. The North and build a country that creates opportunity
East Development Commission established for all. It is an honour to preside over this
under the North East Development Senate. It is not a responsibility I take lightly
Commission Act 2017 will coordinate and and together we will work to build a country
harmonise all interventions and initiatives that all Nigerians both at home and abroad
of the Federal Government in the North can be proud to call home.
East and work with partners both local and
international to develop the zone.
Contents
Foreword
Section 1: Economy
The Secured Transactions in Movable Assets Act 2017.................7
Credit Reporting Act 2017............................................................8
Companies and Allied Matters Act (Amendment) Bill 2018..............9
Benefits of CAMA.........................................................................9
Federal Competition and Consumer Protection Bill, 2015.............10
Electronic Transactions Bill..........................................................11
Warehouse Receipts Bill 2016....................................................12
Public Procurement (Amendment) Act Bill 2016...........................12
Petroleum Industry Governance Bill.............................................12
Section 2: Infrastructure
Nigerian Railway Authority Bill 2015.............................................17
National Inland Waterways Authority Bill.......................................17
Federal Roads Authority Bill 2016................................................18
National Transport Commission Bill..............................................19
Nigeria Ports and Harbours Authority Bill 2016.............................19
Nigeria Infrastructure Fund Bill 2015............................................20
National Road Fund (Estab) Bill, 2018.........................................20
Section 3 Education
Universal Basic Education Act ( Amendment) Bill).........................23
Section 4: Healthcare
Appropriation Bill 2018...............................................................26
Section 5: Welfare
Poverty Eradication Commission Act 2017..................................29
North East Development Commission Act 2017..........................29
National Child Protection and Enforcement Agency
(Establishment) Bill 2018.............................................................31
National Council for Social Work Regulatory Bill ...........................31
Drug Control Bill.........................................................................31
Mental Health and Substance Abuse Bill.....................................32
Appendix
Senate Report:
Senate Report: Reviving
Reviving The
The Economy,
Economy, Creating
Creating Opportunities
Opportunities For
For Nigerians
Nigerians || 55
Section 1
A Stronger Economy
“One of our primary goals is
to increase the private sector’s
participation in the economy by
reducing government intervention
in sectors that are traditionally
guided by market forces”
Senate Report: Reviving The Economy, Creating Opportunities For Nigerians | 6
Changes include:
businesses to have a lawyer register The first of its kind in Nigeria, the bill will
their company or to even have a for the first time supervise and promote
company secretary; competition by prohibiting activities which
lessen competition and create private
• Annual General Meetings are no longer monopolies, control mergers, acquisitions
mandatory for small companies; and protect consumers.
paid on time.
Warehouse Receipts Bill
2016 • Makes procurement processes more
transparent while also increasing their
The Warehouse Receipts bill establishes efficiency and accountability.
the Nigerian Independent Warehouse
Regulatory Agency to control the operations With this Bill, the Government must show
of licensed warehouses and to provide preference to local manufacturers where
a supervisory framework for trading in Government is the buyer. This will create
warehouse receipts. more jobs for citizens and help increase the
consumption of locally-made goods.
The Bill will Allow depositors use agricultural
or other commodities stored in commercial Status: Paseed By Both House But
warehouses, upon issue of negotiable Under Consideration
warehouse receipt by the warehouse, as
collateral to obtain finance from any bank or
financial institution.
Section 2
Infrastructure for
a New Nigeria
Senate Report: Reviving The Economy, Creating Opportunities For Nigerians | 16
sector
KEY LEGISLATION
• Prior, States are not able to manage
their rail infrastructure due to the
approval requirements from the Federal
Nigerian Railway governments; the bill removed such
Authority Bill, 2015 requirements to allow States to man their
rail lines.
The Nigerian Railway Authority Bill repealed • The Bill also ensures safety in the railway
the Railway Corporation Act 2004. The services by providing for an independent
Act had restricted management and railway regulator to be responsible for
investments in railway to just the public the economic and safety regulation of
sector. the sector. The regulator will ensure the
protection of the rights and interests of
The Bill provides for the restructuring of the Railway Operators, Customers and other
Railway sector by establishing the Nigerian stakeholders.
Railway Authority to:
Status: Passed By The Senate
• Develop railway infrastructure
The Bill:
The Nigerian • Will develop and further improve the
Railway Authority National Inland Waterways for water
Bill allows the transportation and navigation purposes
• Issue regulations and policies; and The National Transport Commission (“the
Commission”) is designed to be a multi-
• Collect monies from Concessionaires modal/setor regulator covering the transport
sub-sectors of roads, rail and marine.
The Authority will create a more systemic, The Commission is expected to:
long term maintenance plan for the
maintenance of all Federal Road Networks • create an efficient economic regulatory
in Nigeria and open up road building and framework for the provision of transport
maintenance to public private partnerships. services;
Status: Passed By Both Houses • promote competitive market conduct;
Section 3
Educating Our
Children
Senate Report: Reviving The Economy, Creating Opportunities For Nigerians | 22
Section 4
A Healthy
Populace
Senate
Senate Report:
Report: Reviving
Reviving The
The Economy,
Economy, Creating
Creating Opportunities
Opportunities For
For Nigerians
Nigerians || 25
25
In September 2000 Nigeria, along with 188 Nigeria’s public health care system has to
other countries, adopted the UN Millennium provide for a population of some 186m,
Declaration and committed to achieving the growing at a rate of around 2.6% per year.
Millennium Development Goals (MDGs). The federal government is responsible for
policy development, the regulation of the
Three of the MDGs are health-related: health care sector and the provision of
signees of the declaration committed to tertiary care, which consists of specialised
reducing their under-five and infant mortality consultative treatments. State governments
ratio by two-thirds, reducing the ratio of are responsible for providing secondary
maternal mortality by three-quarters, and health care, and local government areas
not only stopping, but reversing the spread (LGAs) are tasked with supplying primary
of AIDS, malaria and other major diseases. health care.
Nigeria’s infant mortality rate of 78 per According to the Ministry of Health, federal
1,000 live births is worse than Ghana, funds represent 12% of the country’s
Kenya and South Africa with 49, 49 and total health care expenditure, with state
33 respectively, and also worse than the governments providing a further 8%, LGAs
sub-Saharan average of 64. Only 39% and development partners contributing 4%
of Nigerian births are attended by skilled each, and private companies providing
health workers versus 47% in Angola, 68% 3%, with the rest covered by donors. This
means that as much as 69% of health
care expenditure is out-of-pocket for
households.
Nigeria is tasked
As of 2014 there were around 30,000
with reducing primary health facilities, and almost 4000
infant mortality secondary health facilities. Since 2009
the number of hospital beds in Nigeria has
rates and with grown at a compound annual growth rate of
building more 3.7%, but there were only 134,000 in 2014
primary health – equivalent to less than one bed per 1000
inhabitants. This is well below the WHO’s
care facilities. We recommendation of five beds per 1000
currently have inhabitants.
less than the Sub- Primary and Universal Health Care provision
saharan average is a key legislative agenda for the 8th
Senate.
Senate Report: Reviving The Economy, Creating Opportunities For Nigerians | 26
KEY LEGISLATION
The Senate
has approved
1% CRF for the
Basic Healthcare
Provision Fund
Senate
Senate Report:
Report: Reviving
Reviving The
The Economy,
Economy, Creating
Creating Opportunities
Opportunities For
For Nigerians
Nigerians || 27
27
Section 5
A Caring Society
Senate Report: Reviving The Economy, Creating Opportunities For Nigerians | 28
Caring for the most young people for whom taking of drugs
has become a form of escape. Drug abuse
vulnerable in our society. is taking a heavy toll on our society and
resulting in deteriorating family relations,
Despite the strong economic growth Nigeria poorer performance at or non-attendance
has experienced we still have high rates of at school, increased risk of HIV as a result
poverty and income inequality leading to of unwanted and unprotected sexual activity
instability and unrest. Social protection in and increase in violent incidents. Some
Nigeria is inadequate to address the needs youth engaging in heavy substance use will
of the poor, especially the children. continue to do so into adulthood and will
experience various longer-term health and
High rates of trafficking, prostitution and social problems
abuse also mean that child protection is
also a concern. Nigeria adopted the Child In order to tackle some of the social
Rights Act to domesticate the Convention problems bedeviling our society, the
on the Rights of the Child in 2003. The Senate’s work in this area has revolved
Senate Committee on Women’s Affairs is around three main themes:
working with the Ministry of Women’s Affairs
and Social Development to make sure the • Eradicating poverty
Child’s Rights Act is domesticated in states • Protecting our children from violence,
that are yet to do so. exploitation and abuse
• Confronting the menace of drug abuse
Poverty and lack of social protection have among our youth
led to high levels of drug abuse among
The Senate is
actively taking
steps to eradicate
poverty, drug
abuse and tackling
National Security
issues.
Senate Report: Reviving The Economy, Creating Opportunities For Nigerians | 29
Appendix
S/N POLITICAL GOVERNANCE SOCIAL HEALTH EDUCATION ANTI-
ANTI-
S/N ECONOMY
ECONOMY POLITICAL GOVERNANCE SOCIAL HEALTH EDUCATION CORRUPTION
CORRUPTION
1 Nigerian Railway Bill High Court of the Federal North East Discrimination National Institute for Forestry Research Witness Protection
Capital Territory Abuja Development Against Persons Cancer Research Institute of Nigeria Programme Bill
(Amendment) Bill 2015 Commission (NEDC) with Disabilities and Treatment (est., (est., etc.) Bill 2015 2015
(Establishment, etc) (Prohibition) Bill etc.) Bill
Bill 2015 2015
2 Bankruptcy and National Assembly Erosion Control and National Poverty Counterfeit and Federal University of Mutual Assistance in
Insolvency Bill Budget and Research Prevention Eradication Fake Drugs and Petroleum Criminal Matters Bill
Office (Establishment, Commission Commission Unwholesome Resources Effuru 2016
etc) Bill 2016 (Establishment, etc) (Establishment, Processed Foods (Establishment, etc)
Bill, 2015 etc)Bill 2015 (Miscellaneous Bill 2015
provision)
Amendment Bill
2015
Senate Report: Reviving The Economy, Creating Opportunities For Nigerians | 34
3 Electronic Transaction Electoral Act No. 6 2010 Environmental Nigeria Football Medical Residency Chartered Institute Nigeria Financial
Bill (Amendment) Bill 2016 Managers Federation Training Bill, 2017 of Customer Intelligence Agency
Registration Council (Establishment, etc) (HB.982) Relationship (Est, Etc.) Bill, 2017
of Nigeria Bill 2015 Management Bill,
(Establishment, etc) 2017 HB. 69
Bill 2015
4 Agriculture Credit Presidential Inauguration Defence Space National Sports Nigerian Agricultural Air Force Institute of Whistle Blowers
Guarantee Scheme Bill 2016 Agency Commission Quarantine Service Technology Protection Bill 2015
Act (Amendment) Bill (Establishment, etc) (Establishment, etc) (Establishment, etc) (Establishment, etc)
2015 Bill 2015 Bill 2015 Bill 2015 Bill 2015
5 Commercial Agriculture The Revised Edition Hydroelectric Power Nigerian Peace National centre for Federal University of Prevention of
Credit Scheme (Laws of the Federation Producing Area Corps disease control Petroleum Crimes Act
(Est,etc) Bill of Nigeria) Bill, 2018 Development (Establishment, etc) prevention Resources Effurun (Amendment) Bill
Commission Bill 2015 (establishment, etc) Bill 2016 2016
(Amendment) Bill Bill, 2018 (SB. 256)
2015
ANTI-
S/N ECONOMY POLITICAL GOVERNANCE SOCIAL HEALTH EDUCATION CORRUPTION
6 Federal Competition Emergency Powers Niger Delta Abduction, wrongful Environmental JAMB Act Corrupt Practice
and Consumer (Repeal and re- Development restraints and Health Officers (Amendment) Bill and other Related
Protection Bill 2015 enactment) Bill, 2018 Commission (NDDC) wrongful (Registration, etc.) 2016 Offences Act
Act (Amendment) Bill, confinement for Act (Amendment) (Amendment) Bill,
2017 ransom bill 2017 Bill, 2016 2016
7 Credit Bureau Alteration of the Water Resources Act Prohibition and Dangerous Drugs Sexual Harassment Advance Fee Fraud
Reporting Bill 2015 Constitution to provide (Amendment) Bill Protection of Act (Amendment) in Tertiary and Other Fraud
for time passage of laws 2016 persons from Bill, 2016 Educational Related Offences
(assent) lynching, mob Institution Bill 2016 Act (Amendment)
action and Extra Bill, 2016
Judicial Executions
Bill, 2017
8 Federal Roads Alteration of the Endangered Species Agricultural and Veterinary Surgeons Federal University of Code of Conduct
Authority Constitution to require (Control of Rural Management Act (Amendment) Wukari Bureau and Tribunal
(Establishment, etc) Bill the President and International Trade Training Bill, 2016 (Establishment, etc) Act (Amendment)
2016 Governor to submit and Traffic) Act (Amendment) Bill Bill 2016 Bill, 2016
names of nominated (Amendment) Bill 2016
ministers or 2016
commissioners within
thirty days of taking the
oath of office for
confirmation.
9 National Lottery Act Alteration of the Telecommunications World Federal Capital Maritime University
2005 (Amendment) Bill Constitution to provide and Postal Offences Meteorological Territory Hospitals of Nigeria,
2016 for the appointment of a Act (Amendment) Bill, Organization Management Board Okerenkoko
minister from the FCT to 2016 (Protection) Act (Establishment, etc.) (Establishment, etc)
ensure FCT is (Amendment) Bill, Bill, 2016 Bill 2016
represented in the FEC. 2016
Senate Report: Reviving The Economy, Creating Opportunities For Nigerians | 35
ANTI-
S/N ECONOMY POLITICAL GOVERNANCE SOCIAL HEALTH EDUCATION CORRUPTION
10 Public Procurement Alteration of the Utilities Charges Nigerian Council for Animal Health and National Open
Act (Amendment) Bill Constitution to provide Commission Act Social Work Husbandry University of Nigeria
2016 for a change in the (Amendment) Bill (Establishment, etc.) Technologist Act (Amendment)
names of some local 2016 Bill 2016 (Registration, etc.) Bill 2017
government councils. Bill 2016
11 Petroleum Industry Alteration of the Petroleum Product Anti-Torture Bill, Compulsory Compulsory, Free
Governance Bill 2016 Constitution to provide Pricing Regulatory 2016 Treatment and Care Universal Basic
for independent Agency Act of Victims of Education Act 2004
candidature in elections. (Amendment) Bill, Gunshots, Bill 2016 (Amendment) Bill
2016 2016
12 National Inland Alteration of the Quantity Surveyors National Child Radiographers National Research
Waterways Act Cap Constitution to change (Registration, etc.) Act Protection and (Registration, etc.) and Innovation (Est,
N47 LFN 2004 (Repeal the name of the police (Amendment) Bill Enforcement 2016 Act (Amendment) etc.) Bill, 2017
Senate Report: Reviving The Economy, Creating Opportunities For Nigerians | 36
and Re-enactment) Bill from the Nigerian Police 2016 Bill, 2017
2016 Force to the Nigerian
Police
13 Nigerian Ports and Alteration of the Builders (Registration, Senior Citizen National Institute for
Harbours Authority Act Constitution to disqualify etc.) Act Centre Bill, 2016 Legislative Studies
(Amendment) Bill 2016 a person sworn-in as (Amendment) Bill Act (Amendment)
president or governor to 2016 Bill 2017
complete the term of the
elected person from
being elected to the
same office for more
than a single term.
ANTI-
S/N ECONOMY POLITICAL GOVERNANCE SOCIAL HEALTH EDUCATION CORRUPTION
14 Nigerian Customs Alteration of the Town Planners National intelligence Federal University of
Service Bill 2016 Constitution to make the (Registration, etc.) Act Agency Pension Bill Maritime Studies,
office of the auditor (Amendment) Bill 2017 Oron Bill, 2017
general of the federation 2016
and states financially
independent by placing
them on the CRF
(states).
15 Warehouse Receipts Alteration of the Federal Capital Vigilante Group of Chartered Institute
Bill 2016 Constitution to establish Territory Civil Service Nigeria (Est., etc.) of Loan and Risk
the office of the Commission Bill 2016 Bill, 2017 Management of
accountant general of Nigeria Bill 2016
the federal government
separate from the office
of the accountant
general of the federation
16 Secured Transactions Alteration of the Pensions Rights of Courts and Tribunal Chartered Institute
in Movable Assets Bill Constitution to establish Judges Act Fines and Financial of Treasury
2016 the AGF and separate (Amendment) Bill, Penalties Bill, 2017 Management (Est,
the office from that of the 2016 Etc.) Bill 2017
minister for justice
(likewise in the states).
17 Nigerian Tourism Alteration of the Police Procurement National Security Chartered Institute
Development Constitution to further Fund Bill, 2016 Agencies Protection of Project
Corporation Act strengthen the judiciary of Officers Identity Management of
(Repeal and Re- for speedy dispensation Bill, 2018 (HB. 830) Nigeria
enactment) Bill 2017 of justice. (Establishment) Bill
2016
Senate Report: Reviving The Economy, Creating Opportunities For Nigerians | 37
ANTI-
S/N ECONOMY POLITICAL GOVERNANCE SOCIAL HEALTH EDUCATION CORRUPTION
18 Demutualization Bill, Alteration of the Federal Capital Nigeria Aeronautical Federal College of
2017 Constitution to provide Territory Water Board Search and Rescue Dental Technology
time for the Bill 2016 Bill, 2018 (HB. 139) and Therapy Bill,
determination of pre- 2017 (HB1,018)
election matters.
19 Arbitration and Alteration of the Corporate Digital rights and Federal University of
Conciliation act cap Constitution to reflect the Manslaughter Bill freedom bill, Agriculture Kaaba
A18 LFN 2004(Repeal establishment and core 2016 2018(HB490) (Establishment, etc)
and re-enactment) Bill functions of the Nigeria Bill
2018 Security and Civil
Defence Corps.
20 National Transport Alteration of the Nigeria Institute of Food Security Bill Federal Colleges of
Senate Report: Reviving The Economy, Creating Opportunities For Nigerians | 38
Commission (Est., etc.) Constitution to provide Soil Science 2015 Education Act
Bill, 2018 (SB. 242) for the procedure for (Establishment, etc) (Amendment) Bill
passing a constitution Bill 2015 2017
alteration bill, where the
president withholds
assent.
21 Real Estate (Regulation Alteration of the Pharmacy Council of Chartered Institute Nigeria French
and Development) Bill, Constitution to remove Nigeria (est., etc.) Bill, of Human Capital Language Village,
2018 law making powers from 2018 (HB 364 & 656) Development of Badagry (est., etc.)
the Executive Arm of Nigeria Bill 2016 Bill, 2017
Govt.