By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: NIGERIA: Acting President Osinbajo Explains Why He Withheld Assent to Four Bills
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
News

NIGERIA: Acting President Osinbajo Explains Why He Withheld Assent to Four Bills

Farouk Mohammed
By Farouk Mohammed
Published: February 22, 2017
Share
3 Min Read
SHARE

HIGHLIGHT

 

Contents
HIGHLIGHTActing President Yemi Osinbajo

Prof. Yemi Osinbajo (SAN), Acting President has explained why he was withholding ascent to the National Lottery Bill, Agricultural Credit Guarantee Scheme ‎Fund, Currency Conversion (freezing order) Bill and Dangerous Drugs (Amendment) Bill.

Acting President Yemi Osinbajo

Osinbajo, in a letter dated February 7, said the reason he withheld assent to National Lottery bill was as a result of the existence of pending legal challenges to the competence of the National Assembly to legislate on the subject matter‎.

However, Senator Dino Melaye, who sponsored the bill, kicked against the explanation of the Acting President.

- Advertisement -

Melaye quoted copiously from the 1999 Constitution to drive home his claim that the Acting President and indeed the executive do not have the powers to reject bills passed by the National Assembly.

“The role of the executive is to carry out their traditional role by signing any bill passed by the National Assembly,” he said.

Melaye said the action of the Acting President, if allowed to stand, portends grave danger to democracy in the country and undermines the powers of the parliament.

But the Senate President, Dr. Abubakar Bukola Saraki, prevailed ‎on Melaye to allow the legal department of National Assembly look into the matter before knowing what to do.

- Advertisement -

On Dangerous Drugs Bill 2016, Osinbajo said: “The rationale for withholding assent to the bill are the concerns regarding certain words and phrases utilised in the draft bill that may be inconsistent with the principal Act (for example section 6 of the bill with Section 21 of the principal Act) and the spirit behind the proposed amendments.”

On the Agriculture Credit Guarantee Scheme‎, he said: “The reasons for withholding assent the bill are the concerns surrounding board composition, funding arrangement, limitation of liability of funds, and proposals to increase levels uncollateralised loans from N5,000 to N250,000.”

On withholding assent to the currency conversion bill, Osinbajo said: “The rationale for withholding assent to the bill is the concern regarding modalities for the communication of asset forfeiture orders.”

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:Billsosinbajo
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByFarouk Mohammed
Publisher
Follow:
Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
Previous Article Monaco: Pep Guardiola Put In Plan to Destroy Our 4-4-2 System, Says Fabinho
Next Article 1,500 Primary School Teachers to be Recruited In Katsina State

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 4 days ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Super Eagles Rally to Draw Against Russia in International Friendly
Sport
Manchester United Raises Annual Core Profit Forecast to Between £180m and £190m After Europa League Boost
Sport
Ange Postecoglou
Tottenham Hotspur Part Ways with Ange Postecoglou Despite Europa League Glory
Sport
Dangote Names Main Refinery Access Road “Bola Ahmed Tinubu Road” in Honor of President
News
L-R: Ify Okoye, Digital Creator; Linda Ejiofor-Suleiman, Actress; Stella Erebor, Head Internal Audit, Nigerian Communications Commission; Emanuella Samuel, Comedienne/Actress, Sylvia Musalagani, Safety Policy Manager, Africa, Middle East & Turkey (AMET), Meta, and Nicole Chikwe, founder of The Mummy Summit, during the launch of Instagram teen accounts in Lagos on Wednesday, June 4, 2025
Meta Launches Teen Accounts on Instagram in Nigeria to Enhance Online Safety for Young Users
Tech
- Advertisement -
Ad imageAd image

You May Also Like

News

President Tinubu and Top Officials Attend Eid-el-Kabir Prayers in Lagos, Emphasize Peace and Progress

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 6, 2025
International

Elon Musk’s Net Worth Plummets $34 Billion Amid Explosive Feud with Donald Trump

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 6, 2025
PoliticsTop stories

BREAKING: Akwa Ibom Governor Pastor Umo Eno Defects from PDP to APC in Strategic Political Shift

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 6, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?