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PMB Signs Climate Change, AMCON (Amendment) Bills Into Law - Politics - Nairaland

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PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by presidency: 5:10pm On Nov 18, 2021
President Muhammadu Buhari has signed into law two important bills passed by the National Assembly thereby making them to become part of the Laws of the Federation.

The Climate Change Act owes its origin to a bill sponsored by a member of the House of Representatives, Sam Onuigbo and provides for, among other things, the mainstreaming of climate change actions and the establishment of a National Council on Climate Change.

It also paves the way for environmental and economic accounting and a push for a net zero emission deadline plan in the country.

The Asset Management Corporation of Nigeria (Amendment) Act amends the AMCON Act No.4, 2010.

It provides for the extension of the tenor of the Resolution Cost Fund and grants access to the Special Tribunal established by the Banks and other Financial Institutions Act 2020, which confers on the corporation the power “to take possession, manage, foreclose or sell, transfer, assign or otherwise deal with the asset or property used as security for eligible bank assets and related matters.’’

This, in effect, will help AMCON make recoveries and for debtors to fulfil their commitments to banks.

Garba Shehu

Senior Special Assistant to the President

(Media and Publicity)

November 18, 2021

8 Likes 2 Shares

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by Maxymilliano(m): 5:44pm On Nov 18, 2021
Foolish man ... Signing climate change bill into law when people are jettisoning the conventional cooking methods for sawdust and firewood as cooking gas prices soar

47 Likes 4 Shares

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by Nobody: 5:53pm On Nov 18, 2021
Are you the presidency's official account!!!!

I need to know!

2 Likes

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by DropsMic(m): 6:17pm On Nov 18, 2021
..

Aburo no even know wetin him sign
grin grin grin grin

..

6 Likes 2 Shares

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by HIGHESTPOPORI(m): 6:17pm On Nov 18, 2021
What about the Electoral amendment bill?

5 Likes 1 Share

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by ZendayaColeman(f): 6:17pm On Nov 18, 2021
Robot don sign wetin him no sabi.


Tuueeeeh

9 Likes 1 Share

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by Born2Breed(f): 6:17pm On Nov 18, 2021
grin
Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by gift2xl: 6:17pm On Nov 18, 2021
Mallam will remain a mallam. There are more important things to be signed into law. Habaa.... This country needs to move forward. Watin be all this na..

7 Likes 1 Share

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by Skillsnigeria: 6:17pm On Nov 18, 2021
Noted
Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by oluwaseunamos33(m): 6:18pm On Nov 18, 2021
U go just sit down dey sign sign up and down as if u be minister for signature

6 Likes 1 Share

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by Omicron007: 6:18pm On Nov 18, 2021
shocked



The lifeless one signed the climate change bill whereas NNPC is borrowing millions fron AfreximBank to explore for Hydrocarbons in the North.

6 Likes 2 Shares

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by Doyou2019: 6:18pm On Nov 18, 2021
Maxymilliano:
Foolish man ... Signing climate change bill into law when people are jettisoning the conventional cooking methods for sawdust and firewood as cooking gas prices soar

Everything Buhari and his ragtag APC do is solely for the optics. Na why propaganda and lies be their best arsenal.

8 Likes 1 Share

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by Nobody: 6:19pm On Nov 18, 2021
I am sure he has no idea

3 Likes 1 Share

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by seyz91(m): 6:20pm On Nov 18, 2021
stupid and foolish old fools at the helm of power
presidency:
President Muhammadu Buhari has signed into law two important bills passed by the National Assembly thereby making them to become part of the Laws of the Federation.

The Climate Change Act owes its origin to a bill sponsored by a member of the House of Representatives, Sam Onuigbo and provides for, among other things, the mainstreaming of climate change actions and the establishment of a National Council on Climate Change.

It also paves the way for environmental and economic accounting and a push for a net zero emission deadline plan in the country.

The Asset Management Corporation of Nigeria (Amendment) Act amends the AMCON Act No.4, 2010.

It provides for the extension of the tenor of the Resolution Cost Fund and grants access to the Special Tribunal established by the Banks and other Financial Institutions Act 2020, which confers on the corporation the power “to take possession, manage, foreclose or sell, transfer, assign or otherwise deal with the asset or property used as security for eligible bank assets and related matters.’’

This, in effect, will help AMCON make recoveries and for debtors to fulfil their commitments to banks.

Garba Shehu

Senior Special Assistant to the President

(Media and Publicity)

November 18, 2021

1 Like 1 Share

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by seyz91(m): 6:20pm On Nov 18, 2021
cheesy
ZendayaColeman:
Robot don sign wetin him no sabi.


Tuueeeeh
Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by CocoaOla: 6:22pm On Nov 18, 2021
what about poverty bill

1 Like 1 Share

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by drealcivilceno(m): 6:22pm On Nov 18, 2021
.
Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by Aksnoopy: 6:22pm On Nov 18, 2021
Useless illiterate president who doesn't know what he has signed.

8 Likes 1 Share

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by Nahunger(m): 6:23pm On Nov 18, 2021
Na H.U.N.G.E.R BE NIGERIANS PROBLEM
WOKEM LEAVE CLIMATE

2 Likes 1 Share

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by DUNDEEMASTER(m): 6:24pm On Nov 18, 2021
And Una believe say de dullard knows wat he is even signing undecided....Buh y is 2023 now crawling to surface lipsrsealed embarassed

3 Likes 2 Shares

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by panpan(m): 6:24pm On Nov 18, 2021
The "climate change" issue may have its science, but it has become more of a propaganda tool, by certain international groups who want to use the issue to control nations.

Unfortunately, the federal government has submitted to this climate change propaganda. I wonder whether there was any public hearing on the climate change bill.

4 Likes 1 Share

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by CocoaOla: 6:24pm On Nov 18, 2021
what about poverty bill

Nigeria government keep scamming Nigerians by inflating the price of gas, electricity, fuel, food tax

1 Like 1 Share

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by athaboi(f): 6:24pm On Nov 18, 2021
Does he even know the meaning of climate change?? He's a bush man

5 Likes 1 Share

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by CocoaOla: 6:26pm On Nov 18, 2021
panpan:
The "climate change" issue may have its science, but it has become more of a propaganda tool, by certain international groups who want to use the issue to control nations.

Unfortunately, the federal government has submitted to this climate change propaganda. I wonder whether there was any public hearing on the climate change bill.

climate change is real study rain and sunshine pattern and get sense
Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by josephevergreen(m): 6:29pm On Nov 18, 2021
Mr President pls read and understand before appending your signature pls...no be all of us want live una kind of life style thank you
Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by abobote: 6:29pm On Nov 18, 2021
As if he knew what he was seeing. The worst calamity in the history of man

1 Like

Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by Nahunger(m): 6:29pm On Nov 18, 2021
grin
oluwaseunamos33:
U go just sit down dey sign sign up and down as if u be minister for signature

grin grin grin grin
Re: PMB Signs Climate Change, AMCON (Amendment) Bills Into Law by Abujaexpress: 6:29pm On Nov 18, 2021
Thank you, Baba. The bill is crucial to my thesis that am currently working on

2 Likes

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