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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Federal Housing Authority Act, 1973

Ministry of Works and Infrastructure, Nigeria

This is an Act for the creation of the Federal Housing Authority with the responsibility for the preparation of a National Housing Programme and the implementation of such programme based on the approval of the...

Nigeria • 1973 • Infrastructure and Construction

Nigerian Bank for Commerce and Industry Act, 1973

Ministry of Trade, Industry and Investment, Nigeria

This is an Act establishing the Nigerian Bank for Commerce and Industry to provide financing for investment in local industries in the industry and commerce and other miscellaneous regulations.

Nigeria • 1973 • Trade, Industry and Investment

National Census Decree 1973

National Bureau of Statistics, National Population Census, Ministry of Interior, Nigeria

This decree provides for the establishment of a board to be called the National Census Board. The board shall be responsible for the overall control and supervision of the arrangements for the census.

Nigeria • 1973 • Home Affairs

Education Tax Decree

Ministry of Finance, Budget and National Planning, Nigeria

This declares an annual education tax which shall be assessed, collected and administrated per the provisions of this decree. It emphasizes that the tax at the rate of 2 per cent, shall be charged on...

Nigeria • 1973 • Finance

Tafawa Balewa Square Management Act

Ministry of Interior, Nigeria

This Act vests the management and control of the Tafawa Balewa Square in the Federal Government; to establish the new Board of Management to be responsible for the reconstruction, development and maintenance of the square...

Nigeria • 1973 • Home Affairs

Trade (Generalised System of Preferences) Act

Ministry of Industry, Trade and Investment, Nigeria

This is an Act to appoint the Nigerian Customs Service as the certifying authority in Nigeria for goods exported from Nigeria and intended to benefit under the generalized system of preferences of the United Nations...

Nigeria • 1973 • Trade, Industry and Investment

West African Examination Council, Act

Ministry of Education, Nigeria

This is an Act for the reconstitution of the Council and introducing penalties for examinations leakages and the impersonation of persons at examinations.

Nigeria • 1973 • Education

Gaskiya Corporation (Winding Up) Act

Gaskiya Corporation, Nigeria

This is an Act to provide for the dissolution of the former statutory corporation known as the Gaskiya Corporation with effect from 25th August 1973 and to vest all its assets and liabilities in a...

Nigeria • 1973 • Trade, Industry and Investment

Petroleum Technology Development Fund Act, 1973

Ministry of Petroleum Resources, Nigeria

This Act repeals the Gulf Oil Company Training Fund (Administration) Act 1964. The Act makes provision for the establishment of the Petroleum Technology Development Fund for the training and education of Nigerians on all matters...

Nigeria • 1973 • Energy

Wages Boards and Industrial Council Act, 1973

Ministry of Labour and Employment, Nigeria

This is an Act to create a National Wages Board and Area Minimum Wages Committee for States and Joint Industrial Councils for key industries in Nigeria.

Nigeria • 1973 • Labour

West African Examinations Council Act, 1973

Ministry of Education, Nigeria

This is an Act to replace the previous legislation on the establishment of the West African Examinations Council in Nigeria and for the reconstitution of the Council including the various penalties relating to examination misconduct...

Nigeria • 1973 • Education

Nigerian Bank for Commerce and Industry Act

Ministry of Finance, Budget and National Planning, Nigeria

This is an Act to establish the Nigerian Bank for Commerce and Industry to provide capital for medium and long-term investments to indigenous bodies and persons engaged in industry and commerce.

Nigeria • 1973 • Finance

Prisons Act

Ministry of Interior, Ministry of Justice, Nigeria

This is an Act to make comprehensive provisions for the administration of prisons in Nigeria and other matters ancillary thereto. The subsidiary legislation under this Act includes Prisons (Appellants) Regulations, Prisons (Kafanchan Prison) Order, Prisons...

Nigeria • 1972 • Justice

National Electric Power Authority Act

Nigeria, Power Holding Company of Nigeria

This is an Act to establish the National Electric Power Authority to develop and maintain an efficient, coordinated and economical electric supply system for all parts of the federation.

Nigeria • 1972 • Energy

Federal Savings Bank Act, 1972

Ministry of Finance, Nigeria

This Act outlines the provisions for the establishment of the Federal Savings Bank to provide a ready means for the deposit of savings and encourage savings in Nigeria. The Act specifies the functions of the...

Nigeria • 1972 • Finance

Nigerian Mining Corporation Act, 1972

Ministry of Trade, Industry and Investment, Nigeria

This Act makes provision for the establishment of the Nigerian Mining Corporation to oversee activities related to the mining and refining minerals of various kinds occurring in Nigeria apart from coal and petroleum and for...

Nigeria • 1972 • Trade, Industry and Investment

Petroleum Training Institute Act, 1972

Ministry of Petroleum Resources, Nigeria

This is an Act to set up the Petroleum Training Institute to provide courses of instruction, training and research in petroleum technology and produce technicians and other skilled personnel for the Nigerian petroleum industry.

Nigeria • 1972 • Energy

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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