✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

Buhari signs Climate Change, AMCON Amendment Bills

President Muhammadu Buhari has signed the Climate Change Bill....

President Muhammadu Buhari has signed the Climate Change Bill.

A presidential spokesman, Garba Shehu, disclosed this in a statement Thursday.

The Act provides for, among other things, mainstreaming of climate change actions and the establishment of a National Council on Climate Change.

The Act also paves the way for environmental and economic accounting, and pushing for a net zero emission deadline plan for the country, 

Shehu said Buhari also signed the Asset Management Corporation of Nigeria (Amendment) Bill.  

Shehu said: “It provides for the extension of the tenor of the Resolution Cost Fund and grants access to the Special Tribunal established by the Banks and other Financial Institutions Act 2020’’

He said this “confers on the corporation, the power to take possession, manage, foreclose or sell, transfer, assign or otherwise deal with the asset or property used as security for eligible bank assets and related matters.

“This, in effect, will help AMCON make recoveries and for debtors to fulfil their commitments to banks’’, he added. (NAN)

VERIFIED: It is now possible to live in Nigeria and earn salary in US Dollars with premium domains, you can earn as much as $12,000 (₦18 Million).
Click here to start.