Nigeria

Currency: Naira (NGN)

Timezone: West Africa Time (UTC+1)

Nigeria is situated in West Africa where it shares its land border in the west with the Republic of Benin, in the east with Chad and Cameroon, and in the north with Niger—popularly referred to as the “Giant of Africa” due to its resources and population. The country is the most populous in Africa, with a population estimated to be over 207 million. The country has a very diverse ethnic group with over 100 languages. However, the major languages spoken in the country are Yoruba, Hausa, and Igbo, with English regarded as the official language in the country. The climate of the country varies widely with equatorial south, tropical in the middle, and arid in the north, while the landscape consists of southern lowlands, plateaus, and hills in the north and mountains in the southeast.

The country adopts a federal presidential republic system of government comprising 36 states and Abuja the Federal Capital. The economy is heavily reliant on Petroleum and Petroleum Products as its main source of foreign exchange earnings and accounts for over 70 percent of government revenue. The challenges facing the country include erratic power supply, lack of infrastructure, terrorist insurgence, kidnapping, banditry, clashes between farmers and herders, pervasive corruption, internet fraud, and police brutality.

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Agricultural Policy For Nigeria

Ministry of Agriculture ,Ministry of Rural Development, Nigeria

A comprehensive policy instrument to drive the growth of the agricultural sector in Nigeria. It defines the objectives, challenges, performance, strategies to achieve growth and the roles of the different tiers of government.

Nigeria • Undefined • Agriculture and Rural Development

National Aquaculture Strategy

Ministry of Agriculture ,Ministry of Rural Development, Nigeria

The National Aquaculture Strategy presents a framework to increase domestic fish production and reposition the government as a facilitator and regulator rather than an investor or institutional manager in the aquaculture industry.

Nigeria • Undefined • Agriculture and Rural Development

Licensing Framework for The Use of 70/80GHz Band

Nigeria, Nigerian Communications Commission

Through this framework, the Nigeran Communications Commission hopes to ensure interference-free operation by all users of the Band and optimal utilization of the band. It sets a guide on the use of the 70/80GHz (71-74...

Nigeria • Undefined • Information, Communication and Technology

National Space Policy

Ministry of Communications and Digital Economy, Nigeria

This policy seeks to develop a critical mass of Nigerians in the area of space science and technology to enable the country to realize its objectives for achieving technological, industrial and economic self-reliance. This, therefore,...

Nigeria • Undefined • Information, Communication and Technology

Deduction of Tax at Source (Withholding) Regulations 2024

These Regulations complement the applicable statutory provisions and replace all prior rules in respect of deductions at source other than Pay-As-You-Earn tax. It simplifies areas of complexities, and reduces the rates of deduction for industries...

Nigeria • 2024 • Finance

National Artificial Intelligence Strategy 2024

National Centre for Artificial Intelligence and Robotics (NCAIR)

The national AI strategy serves as a comprehensive roadmap aimed at harnessing AI technology to enhance societal well-being and address critical challenges in key sectors like healthcare, education, and agriculture. The goal is to drive...

Nigeria • 2024 • Information, Communication and Technology

Nigeria Finance Act 2023

Ministry of Finance, Budget and National Planning, Budget Office of the Federation

This is an Act to amend the relevant tax, excises and duty statutes in line with the macroeconomic policy reforms of the Federal Government.

Nigeria • 2023 • Finance

Students Loans (Access to Higher Education) Act, 2023

Ministry of Education

This is an Act to repeal the Nigerian Education Bank Act, Cap. N104, Laws of the Federation of Nigeria, 2004, and enact the Students Loans (Access to Higher Education) Act, 2023, to provide easy access...

Nigeria • 2023 • Education

Central Bank of Nigeria Customer Due Diligence Regulations 2023

Ministry of Finance

This Central Bank of Nigeria Customer Due Diligence Regulations, 2023 was issued to assist financial institutions with implementation and compliance with provisions of relevant laws and regulations relating to customer due diligence.

Nigeria • 2023 • Finance

Guidelines on Contactless Payments In Nigeria 2023

Ministry of Finance and National Planning

The Central Bank of Nigeria developed these Guidelines to ensure that participants in contactless payments implement appropriate risk management processes and measures while adhering to the best relevant standards. This is a step to further...

Nigeria • 2023 • Finance

National Women’s Economic Empowerment (WEE) Policy and Action Plan

Federal Ministry of Women Affairs

The National Women’s Economic Empowerment Policy and Action Plan serves as a roadmap for enhancing women’s economic empowerment in Nigeria. The main goal of the National WEE Policy and Action Plan for 2023-2028 is to...

Nigeria • 2023 • Gender and Human Rights

Yobe State Finance law 2022

Nigeria, Yobe State Government

This law makes provisions and defines the sources of revenue for the year 2022.

Nigeria • 2022 • Finance

Yobe State Appropriation Law 2022

Nigeria, Yobe State Government

This law makes provisions for Appropriation of the sum of one hundred and sixty three billion, nine hundred and fifty three million, three hundred and eighty four thousand naira for the services of Yobe state...

Nigeria • 2022 • Finance

Kebbi State Government Approved 2022 Budget

Kebbi State Government, Ministry of Budget and Economic Planning, Nigeria

This is the Kebbi State 2022 approved budget. It presents a total revenue of 182.34 billion Naira and total expenditure of 189.24 billion Naira.

Nigeria • 2022 • Economy

Kebbi State Geographical Information System Agency Law 2022

Kebbi State Government, Nigeria

This is a law to establish Kebbi State Geographical Information System (KEBGIS) Agency and for other matters connected. The Agency will be responsible for the management and administration of land data in Kebbi state.

Nigeria • 2022 • Land, Housing and Natural Resources

Electoral Act, 2022

This Act repeals the Electoral Act No. 6, 2010. It regulates the conduct of Federal, State, and Area Council elections and makes provisions for the restriction of the qualification for elective office to relevant provisions...

Nigeria • 2022 • Democracy and Governance

National Tomato Policy (2022 – 2026)

Trade and Investment

This policy is designed to cut down on post-harvest losses, curb the import of tomato concentrates through increased imports tariff from 5 percent to 50 percent and an additional $1500 levy per metric Tonnes.

Nigeria • 2022 • Agriculture and Rural Development

June 9, 2022

Political Parties, Presidential Candidates and the Electoral Act 2022 

The Electoral Act 2022 seeks to update and standardize Nigeria’s elections. The introduction of technological changes such as an electronic database of registered voters and an electronic transmission system of votes is a welcome improvement. Restricting political appointees' involvement in the election process is also a step in the right direction. However, there is a fundamental issue with the new act — its endorsement of the indirect primary process.

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