Four bills signed into law by President Tinubu

President Bola Tinubu signed four measures into law in the space of two weeks, in addition to other economic reforms.
On May 29, Tinubu delivered his inaugural speech, promising to build on the accomplishments of his predecessor, former President Muhammadu Buhari, and outlining a number of impending changes.
The following four bills have recently received Tinubu’s assent:

Judiciary Rules:
On June 8, the first item of legislation, the “Constitution of the Federal Republic of Nigeria, 1999 (fifth alteration) (No.37), 2023,” became a law. The retirement age for judges is set at 70 years old by this act, which also ensures uniformity in the pension rights of judicial officers from various superior courts.

Judicial Officers Law:
On June 8, the Federal Republic of Nigeria’s Constitution, 1999 (fifth alteration) (No. 37), was signed into law. This statute maintains uniformity in the pension rights of judicial officers from various superior courts and sets the retirement age for judges at 70 years old.

Act on Electricity:
A measure allowing states, businesses, and people to produce, transmit, and distribute power was signed by Tinubu on June 9. The Nigerian Electricity Supply Industry (NESI) is governed by rules consolidated under this new law, which supersedes the Electricity and Power Sector Reform Act of 2005. Its objectives are to expand access to electricity, create a thorough legal and administrative framework for a vibrant electricity market, and encourage the use of renewable energy sources.

Higher Education Access Act:
Tinubu signed a measure providing financial aid to Nigerian students in postsecondary institutions on June 12, which is also Nigeria’s Democracy Day. Under this law, students have access to loans from the Nigerian Education Loan Fund that are interest-free. With eligibility based on the student’s or family’s annual income being less than N500,000, the federal government intends to start loan disbursement in September.

Data Protection Law:
On June 14, Tinubu ratified the data protection measure. This law allows anyone to seek restitution in the event of a data breach and creates the Nigeria Data Protection Commission (NDPC). The fair, legal, and accountable processing of citizens’ personal data is emphasized by the law.

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