* Umeh frets over alleged false figures by companies
Ndubuisi Francis in Abuja
The Chairman of the Senate Committee on Capital Market, Senator Osita Izunaso, revealed Tuesday that the National Assembly has already transmitted the Investments and Securities Bill (ISB 2024) to President Bola Tinubu for assent.
Izunaso, who spoke during the budget defence session of the Securities and Exchange Commission (SEC) on Tuesday in Abuja, stated that the parliament was expecting the president to sign the bill into law within the next 30 days.
He said: “The Senate President has signed the Investments and Securities Bill 2024 and it has now moved to the Executive for assent. We have 30 days for that to happen and we expect that the president will assent to it.”
Izunaso also told the meeting that the committee had followed up with a written directive to the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, to include a N10 billion special…
Source: Thisday Newspaper
