The right Naija news at your fingertips

Tinubu rejects two N’Assembly bills, cites policy conflicts

President Bola Tinubu has declined to sign two recently passed National Assembly bills, stating that some provisions in them could weaken fiscal discipline and conflict with existing public finance laws. The affected legislations are the Nigerian Institute of Transport Technology (Establishment) Bill, 2025, and the National Library Trust Fund (Amendment) Bill, 2025. The President’s decision was revealed in letters read by Senate President Godswill Akpabio during Tuesday’s plenary session.

In his explanation, Tinubu said that while the bills had good intentions, they contained clauses that could create unregulated revenue channels, enable misuse of public funds, and disrupt national fiscal management. On the Transport Technology Bill, he criticized provisions that introduced new levies and borrowing powers without presidential oversight. He warned that allowing such clauses could result in financial loopholes and excessive trade burdens, stressing that all fiscal decisions must align with federal budgetary processes.

The President also rejected sections that allowed the institute to borrow up to ₦50 million without presidential consent and invest government-appropriated funds in securities, describing them as “fiscally dangerous.” Similarly, Tinubu faulted parts of the National Library Trust Fund Amendment Bill for clashing with existing policies on taxation, funding, and staff remuneration, noting that they were unsustainable and against public interest.

Following the President’s objections, Senate President Akpabio commended Tinubu’s diligence in reviewing the bills and referred them to the relevant committees for further legislative scrutiny. The move underscores the administration’s commitment to fiscal discipline, transparency, and economic reform under the Renewed Hope agenda.

Related News