Nigerian Law

The Senate has passed a resolution calling on the Central Bank of Nigeria to suspend the ATM card maintenance charges being deducted from customers.

The Senate made this known via a tweet @SPNigeria.

This resolution came as part of a motion on the illicit and excessive bank charges on customers accounts, sponsored by Senator Olugbenga Ashafa (Lagos East, APC).

“For me, this is a major step that we are taking. This is because I introduced the first ATM machine that came into Nigeria over 25 years ago,” the Senate President, Dr. Saraki told his colleagues, “Now, after 25 years, we should have grown out of these excessive charges and moved on. So, I believe that this something that we must address to create an environment that protects all Nigerians, because these kind of charges in this economy affects everyone”.

The Senate also called on commercial banks operating in the country to configure their machines to dispense up to N40,000 per withdrawal pending the outcome of the investigation by the Senate committees tasked with investigating the excessive and illicit bank charges.

Speaking on the Motion, the President of the Senate, Dr. Abubakar Bukola Saraki said: “This is a motion that affects the lives of every Nigerian — irrespective of what part of the country you come from or whatever political affiliation you might have. This is why we are here: to always defend and protect the interests of the Nigerian people.”

The Senate further directed its Committees on Banking, Insurance & other Financial Institutions and Finance to conduct an investigation into the propriety of ATM card maintenance charges in comparison with international best practices and report back to the Senate.

The Senate also directed the aforementioned committees to invited the Governor of the CBN to appear before it to explain why the official charges as approved by the CBN are skewed in favour of the banking institutions as against the ordinary customers of the banks.

Credit: Punch

Governor Abiola Ajimobi of Oyo State on Monday in Ibadan signed into laws, the state’s Administration of Criminal Justice Bill, 2016, and Violence Against Women Bill, 2016

The governor signed the two bills after the state executive council m

Ajimobi told newsmen after the assent that the laws would enhance justice administration.

“Our own government is a law-abiding one,” he said.

The bills were presented for assent by the Deputy Speaker of the state House of Assembly, Mr. Musah Abdulwasi, and the state Attorney-General and Commissioner for Justice, Mr Seun Abimbola,

The Administration of Criminal Justice Law provides for speedy and efficient administration of criminal justice and other matters related to it.

The Violence Against Women Law prohibits violence against women in public and private lives as well as harmful traditional practices against women and other related matters.

The two bills were passed by the Assembly in October, 2016, and November, 2016, respectively.(NAN)

SENATE URGES CBN TO SUSPEND ATM CARD MAINTENANCE CHARGES

AJIMOBI SIGNS BILL TO PROHIBIT VIOLENCE AGAINST WOMEN