Senate moves to relieve SGF powers to keep records of declared Assets by Customs, Bank workers


Senate confirms seven nominees as INEC commissioners

Senate confirms seven nominees as INEC commissioners

…As Bill Scales second reading 

By Henry Umoru

MOVES by the Senate to relieve the office of the Secretary to the Government of the Federation of the responsibility of keeping records of declared assets by Nigeria Customs Service, bank workers, and transferring same to the relevant regulator of each industry got a boost on Tuesday.

The Bill for an Act to Amend the Bank Employees Etc. ( Declaration of Assets) Act Cap B1 Laws of the Federation of Nigeria 2004 and for related Matters, 2022( SB.900) is sponsored by Senator Sani Musa, All Progressives Congress, APC, Niger East.

The bill which scaled second reading was referred by the President of the Senate, Senator Ahmad Lawan to the Senator Uba Sani, APC, Kaduna Central led Committee on Banking, Insurance and other Financial Institutions to report back at plenary within four weeks.

READ ALSO: Senate begins move to amend 35-yr old BEDA Act

In his lead debate on the general principles of the bill, the sponsor,…

Source: Vanguard Newspaper