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Major bills signed into law by Presidents Buhari and Tinubu in 2023 

The year 2023 witnessed the introduction of new pieces of legislation into Nigeria’s constitution with the assenting of pivotal laws aimed to guide, protect, and provide for individuals and businesses across the country and abroad by outgoing President Muhammadu Buhari and his successor President Bola Tinubu.  

 Other bills signed into law in the final days of President Buhari’s tenure are; 

Major Legislation signed into law by President Tinubu in 2023 

On assumption into office, President Tinubu has signed a few important Acts into law mainly to enshrine the rule of law in business and our personal lives.  

The major bills signed by President Tinubu so far are; 

The Electricity Act aims to break the monopoly in Nigeria’s electricity generation, transmission, and distribution at the national level, thereby granting states, companies, and individuals the authority to independently generate, transmit, and distribute electricity.

Within the provisions of this Act, state governments have the prerogative to issue licenses to private investors, enabling them to operate mini-grids and power plants exclusively within the state boundaries. It’s important to note that the Act explicitly excludes interstate and transnational electricity distribution.

Furthermore, the Act ensures that all students pursuing higher education in public institutions have an equal entitlement to access these loans, with no discrimination based on gender, religion, tribe, position, or disability. 

At its core, the Bill is centered around safeguarding individuals’ data. It imposes legal obligations on organizations and individuals to uphold and protect individuals’ privacy by securing their data. 

The law replaces the Nigeria Data Protection Bureau (NDPB) established by President Buhari in February 2022 and establishes the Nigeria Data Protection Commission. 

This law establishes a standardized retirement age for judges at 70 years and ensures consistent pension rights for judicial officers across various superior courts. 

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