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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National Youth Service Corps (NYSC) The NYSC Decree

Ministry of Youth & Sports Development, Nigeria

This document, about the National Youth Service Corps scheme, is divided into 23 sections. It highlights the objectives of the Service Corps and ways to achieve them. Some of the objectives are to inculcate discipline...

Nigeria • 1993 • Youth and Sports Development

Nigerian Agricultural Insurance Corporation Decree (No. 37)

Ministry of Agriculture ,Ministry of Rural Development, Nigeria

The Nigerian Agricultural Insurance Corporation Decree stipulates the law guiding the establishment of the Nigerian Agricultural Insurance Corporation, its functions, powers, and staff composition.

Nigeria • 1993 • Agriculture and Rural Development

Water Resources Act.

Ministry of Infrastructure, Nigeria

This is an Act to promote the optimum planning, development and use of Nigeria’s water resources and other matters connected therewith. It vests the right to use and control all surface and groundwater and all...

Nigeria • 1993 • Infrastructure and Construction

Nigerian Agricultural Insurance Corporation Decree No 37 of 1993

Ministry of Agriculture ,Ministry of Rural Development, Nigeria

Regulation 3 and 4 provides the functions and powers of the Corporation. They include: to implement, manage and administer the Agricultural Insurance Scheme, established by section 6 of this decree, to subsidize the premiums chargeable...

Nigeria • 1993 • Agriculture and Rural Development

Federal Mortgage Bank Of Nigeria Act

Ministry of Finance, Budget and National Planning, Nigeria

This is an Act to establish the Federal Mortgage Bank of Nigeria to provide long-term credit facilities to mortgage institutions in Nigeria and to encourage and promote the development of mortgage institutions at the Local,...

Nigeria • 1993 • Finance

Lands (Title Vesting, etc.) Act.

Ministry of Infrastructure, Nigeria

This is an Act to provide among other things, for the vesting of the title of all land within the 100 meters limit of the 1967 shoreline and all land reclaimed near the lagoon, sea...

Nigeria • 1993 • Infrastructure and Construction

National Film and Video Censors Board Act, 1993

Ministry of Communications and Digital Economy, Nigeria

This is an Act for the establishment of the National Film and Video Censors Board specifying the functions, membership, management, governance and other related matters.

Nigeria • 1993 • Information, Communication and Technology

Federal Mortgage Bank of Nigeria Act, 1993

Ministry of Finance, Budget and National Planning, Nigeria

This is an Act for the establishment of the Federal Mortgage Bank of Nigeria to provide credit facilities to mortgage institutions for the economic development of Nigeria. The Act specifies the powers, functions and management...

Nigeria • 1993 • Finance

Federal Mortgage Bank of Nigeria Service Charter

Ministry of Finance, Budget and National Planning, Nigeria

This document highlights the responsibilities and expectations of the Federal Mortgage Bank of Nigeria to customers, stakeholders and members of the public.

Nigeria • 1993 • Finance

Bureau of Public Enterprises Act, 1993

Ministry of Finance, Nigeria

This is an Act for the establishment of the Bureau of Public Enterprises, specifying the functions of the Bureau, management, financial provisions, and the role of the Bureau in privatization and commercialization of government enterprises...

Nigeria • 1993 • Finance

Chartered Institute of Taxation of Nigeria Act, 1992

Ministry of Finance, Nigeria

This Act makes provision for the establishment of the Chartered Institute of Taxation of Nigeria to regulate the profession and membership as well as other matters. The Act also highlights the management of the institute’s...

Nigeria • 1992 • Finance

Community Banks Act, 1992

Ministry of Finance, Nigeria

This is an Act for the establishment of the community bank including the establishment of the National Board for Community Bank for the registration, licensing of banks, as well as the functions of a community...

Nigeria • 1992 • Finance

Boards of Customs and Excise Act, 1992

Ministry of Finance, Nigeria

This is an Act for the establishment of the Board of Custom and Excise for the regulation of Custom and Excise in Nigeria including the function of the Board, management, and other connected matters.

Nigeria • 1992 • Finance

Nigeria Export Processing Zones Act, 1992

Ministry of Trade, Industry and Investment, Nigeria

This is an Act outlining the provisions for the establishment of the Nigeria Export Processing Zones and other related provisions.

Nigeria • 1992 • Trade, Industry and Investment

Centre for Automotive Design and Development Act, 1992

Ministry of Trade, Industry and Investment, Nigeria

This is an Act for the creation of the Centre for Automotive Design and Development in Nigeria to ensure technical support is available in the engineering sector.

Nigeria • 1992 • Trade, Industry and Investment

Chartered Institute of Administration Act, 1992

Ministry of Trade, Industry and Investment, Nigeria

This is an Act for the establishment of the Chartered Institute of Administration in Nigeria to set the standard of knowledge for any person who wants to be part of the institute and to regulate...

Nigeria • 1992 • Trade, Industry and Investment

Community Health Practitioners Act, 1992

Ministry of Health, Nigeria

This is an Act regulating the activities of community health practitioners in Nigeria including the registration, training, discipline and other supplementary regulations.

Nigeria • 1992 • Health

Births, Deaths, etc., (Compulsory Registration) Act, 1992

Ministry of Budget and National Planning, Nigeria

This is an Act to ensure the compulsory registration of birth, deaths, marriages, etc. and other offences for non-compliance as well as other miscellaneous regulations.

Nigeria • 1992 • Economy

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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