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Breaking News | EXCLUSIVE: Reps' Bill Bans Rice Importation, Prescribes Life Imprisonment For Offenders


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By Tordue Salem – Abuja A law to prohibit the importation of rice into the country, is underway in the House of Representatives.
A Bill exclusively obtained by VANGUARD, is entitled: ”An Act to Provide for the Prohibition of Importation into Nigeria of Rice and the Penalty for the Contravention of the Said Prohibition and other related Matters”.
The Bill sponsored by Rep Saidu Musa Abdullahi, warns, that “Any person who brings, causes to be brought, induced any other person to bring or attempts to bring Rice into Nigeria, shall be guilty of an offense and liable on conviction to imprisonment, as stipulated in section 2 of the Export (Prohibition) Act”. ....

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EXCLUSIVE: Reps' Bill bans rice importation, prescribes life imprisonment for offenders


Vanguard News
EXCLUSIVE: Reps’ Bill bans rice importation, prescribes life imprisonment for offenders
On
By Tordue Salem – Abuja
A law to prohibit the importation of rice into the country, is underway in the House of Representatives.
A
Bill exclusively obtained by
VANGUARD, is entitled: ”An Act to Provide for the Prohibition of Importation into Nigeria of Rice and the Penalty for the Contravention of the Said Prohibition and other related Matters”.
The Bill sponsored by Rep Saidu Musa Abdullahi, warns, that “Any person who brings, causes to be brought, induced any other person to bring or attempts to bring Rice into Nigeria, shall be guilty of an offense and liable on conviction to imprisonment, as stipulated in section 2 of the Export (Prohibition) Act”. ....

Abuja Federal Capital Territory , Tordue Salem , Saidu Musa Abdullahi , High Court , Kindly Share This Story , Prep Bill , Said Prohibition , Rep Saidu Musa Abdullahi , Export Prohibition Act , Federal Government , Federal High Court , Share This Story , கூட்டாட்சியின் மூலதனம் பிரதேசம் , சைய்து மூசா அப்துல்லாயி , உயர் நீதிமன்றம் , கைஂட்லீ பகிர் இது கதை , கூறினார் ப்ரோஹிபிஶந் , ஏற்றுமதி ப்ரோஹிபிஶந் நாடகம் , கூட்டாட்சியின் அரசு , கூட்டாட்சியின் உயர் நீதிமன்றம் , பகிர் இது கதை ,

NAMB lauds Reps' position on MFBs' recapitalisation deadline


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THE National Association of Microfinance Banks (NAMB) has described the House of Representatives’ stance urging the Central Bank of Nigeria (CBN) to suspend the April 2021 deadline set for the ongoing recapitalisation drive for microfinance banks based on the lingering COVID-19 pandemic-triggered disruptions of the nation’s economy as a welcomed development. 
The lawmakers’ advice was sequel to the adoption of a motion on the ‘Urgent Need for the Central Bank of Nigeria (CBN) to suspend the Deadline for Recapitalisation of Microfinance Banks’ moved by Hon. Saidu Musa Abdullahi (APC – Niger State). 
The decision, as the lawmakers maintained, was also not unconnected with the findings of a survey conducted by the NAMB which showed that out of 874 licensed MFBs, about 612 may be adversely affected by the re-capitalization policy.  ....

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