Tinubu declines assent to two bills passed by National Assembly.
ABUJA – PRESIDENT Bola Tinubu has declined assent to two bills that were passed by the National Assembly.
In a letter addressed to the President of the Senate, Godswill Akpabio, and read on Tuesday during plenary, President Tinubu explained that he could not sign them into law because of fundamental defects and inconsistencies with existing financial and constitutional provisions.
In the letter dated July 30, 2025, the President conveyed his decision to withhold assent to the Nigerian Institute of Transport Technology (Establishment) Bill, 2025, as he explained that several clauses in the bill conflicted with extant laws and posed risks of financial abuse if allowed to stand.
President Tinubu said, “Under Section 58(4) of the Constitution of the Federal Republic of Nigeria, 1999 (as amended), I hereby convey to the Senate my decision to decline assent to the Nigerian Institute of Transport Technology Establishment Bill, 2025.”
Explaining his reasons for not signing them into law, the President noted that Section 18(4a) of the proposed law sought to expand the institute’s funding sources to include one percent of every import and export levy from Nigeria, a provision he said was inserted without the approval of the Federal Executive Council.
According to him, such a levy, especially when the institute was already to be funded by the Federal Government, would create what he termed “a duplication of revenue sources and unnecessary financial burden.”
Explaining further, President Tinubu faulted Section 21(2) of the bill, which empowers the institute to borrow funds or obtain overdrafts without the consent of the President, except where the amount exceeds ₦50 million.
He said, “In the extant Acts, borrowing can only be done with the approval of the President. The removal of presidential consent has not been explained or justified. This could be abused, as the institute may request to borrow ₦50 million or less repeatedly to avoid approval,” Tinubu warned, describing the clause as one that could “lead to serious financial abuse.”
ABUJA – PRESIDENT Bola Tinubu has declined assent to two bills that were passed by the National Assembly.
In a letter addressed to the President of the Senate, Godswill Akpabio, and read on Tuesday during plenary, President Tinubu explained that he could not sign them into law because of fundamental defects and inconsistencies with existing financial and constitutional provisions.
In the letter dated July 30, 2025, the President conveyed his decision to withhold assent to the Nigerian Institute of Transport Technology (Establishment) Bill, 2025, as he explained that several clauses in the bill conflicted with extant laws and posed risks of financial abuse if allowed to stand.
President Tinubu said, “Under Section 58(4) of the Constitution of the Federal Republic of Nigeria, 1999 (as amended), I hereby convey to the Senate my decision to decline assent to the Nigerian Institute of Transport Technology Establishment Bill, 2025.”
Explaining his reasons for not signing them into law, the President noted that Section 18(4a) of the proposed law sought to expand the institute’s funding sources to include one percent of every import and export levy from Nigeria, a provision he said was inserted without the approval of the Federal Executive Council.
According to him, such a levy, especially when the institute was already to be funded by the Federal Government, would create what he termed “a duplication of revenue sources and unnecessary financial burden.”
Explaining further, President Tinubu faulted Section 21(2) of the bill, which empowers the institute to borrow funds or obtain overdrafts without the consent of the President, except where the amount exceeds ₦50 million.
He said, “In the extant Acts, borrowing can only be done with the approval of the President. The removal of presidential consent has not been explained or justified. This could be abused, as the institute may request to borrow ₦50 million or less repeatedly to avoid approval,” Tinubu warned, describing the clause as one that could “lead to serious financial abuse.”
Tinubu declines assent to two bills passed by National Assembly.
ABUJA – PRESIDENT Bola Tinubu has declined assent to two bills that were passed by the National Assembly.
In a letter addressed to the President of the Senate, Godswill Akpabio, and read on Tuesday during plenary, President Tinubu explained that he could not sign them into law because of fundamental defects and inconsistencies with existing financial and constitutional provisions.
In the letter dated July 30, 2025, the President conveyed his decision to withhold assent to the Nigerian Institute of Transport Technology (Establishment) Bill, 2025, as he explained that several clauses in the bill conflicted with extant laws and posed risks of financial abuse if allowed to stand.
President Tinubu said, “Under Section 58(4) of the Constitution of the Federal Republic of Nigeria, 1999 (as amended), I hereby convey to the Senate my decision to decline assent to the Nigerian Institute of Transport Technology Establishment Bill, 2025.”
Explaining his reasons for not signing them into law, the President noted that Section 18(4a) of the proposed law sought to expand the institute’s funding sources to include one percent of every import and export levy from Nigeria, a provision he said was inserted without the approval of the Federal Executive Council.
According to him, such a levy, especially when the institute was already to be funded by the Federal Government, would create what he termed “a duplication of revenue sources and unnecessary financial burden.”
Explaining further, President Tinubu faulted Section 21(2) of the bill, which empowers the institute to borrow funds or obtain overdrafts without the consent of the President, except where the amount exceeds ₦50 million.
He said, “In the extant Acts, borrowing can only be done with the approval of the President. The removal of presidential consent has not been explained or justified. This could be abused, as the institute may request to borrow ₦50 million or less repeatedly to avoid approval,” Tinubu warned, describing the clause as one that could “lead to serious financial abuse.”
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