BREAKING: Tinubu rejects NDLEA bill, see reason here

• President Tinubu has declined to motion the NDLEA Bill, 2025, citing concerns implicit fiscal accountability and law conflict
• The measure sought to let the NDLEA clasp portion of proceeds from drug-related crimes, a determination Tinubu said violates existing fiscal procedures
• Tinubu insisted that each specified funds indispensable travel owed process, requiring statesmanlike and legislative support to uphold transparency and oversight

FCT, Abuja - President Bola Tinubu has declined assent to the National Drug Law Enforcement Agency (NDLEA) Bill, 2025.

The president cited concerns implicit fiscal accountability and law compliance.

Tinubu Rejects NDLEA Bill, Reason, Other Details Emerge
Source: Twitter

The bill, which had been passed by some chambers of the National Assembly, was formally rejected successful a missive from the President work connected the level of the House of Representatives during Thursday’s plenary session.

Retention of seized funds raises reddish flag

President Tinubu referenced Section 58(4) of the 1999 Constitution (as amended), stating that the projected measure sought to empower the NDLEA to clasp a information of funds and assets recovered from drug-related crimes.

He argued that this proviso contravenes established fiscal procedures which mandate that each proceeds from transgression beryllium paid into the national government's Confiscated and Forfeited Properties Account.

Presidential support remains necessary

President Tinubu further explained that immoderate disbursement of specified funds to agencies, including the NDLEA, indispensable beryllium based connected statesmanlike approval, with the consent of the Federal Executive Council and the National Assembly.

BREAKING: Tinubu Rejects NDLEA Bill, Reason, Other Details Emerge
Source: Getty Images

He stressed determination was nary compelling justification to amend a strategy that ensures transparency and oversight successful the usage of recovered assets.

Rejecting the bill, the President said the existent model strikes a equilibrium betwixt plus betterment and nationalist accountability.

Altering it, helium maintained, would weaken indispensable oversight mechanisms.

Further legislative deliberations connected the substance are expected successful the coming weeks.

President Tinubu signs 4 taxation bills into law

Previously, Legit.ng reported 9 months ago, President Bola Tinubu presented the four taxation betterment bills to the National Assembly for consideration.

The bills see the Nigeria Tax Bill (Ease of Doing Business), the Nigeria Tax Administration Bill, the Nigeria Revenue Service (Establishment) Bill, and the Joint Revenue Board (Establishment) Bill.

The bills were structured to wholly revamp Nigeria’s taxation system, replacing the existent signifier that has been successful spot since the subject administrations.

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Source: Legit.ng