Nigeria

Currency: Naira (NGN)

Timezone: West Africa Time (UTC+1)

Nigeria is situated in West Africa where it shares its land border in the west with the Republic of Benin, in the east with Chad and Cameroon, and in the north with Niger—popularly referred to as the “Giant of Africa” due to its resources and population. The country is the most populous in Africa, with a population estimated to be over 207 million. The country has a very diverse ethnic group with over 100 languages. However, the major languages spoken in the country are Yoruba, Hausa, and Igbo, with English regarded as the official language in the country. The climate of the country varies widely with equatorial south, tropical in the middle, and arid in the north, while the landscape consists of southern lowlands, plateaus, and hills in the north and mountains in the southeast.

The country adopts a federal presidential republic system of government comprising 36 states and Abuja the Federal Capital. The economy is heavily reliant on Petroleum and Petroleum Products as its main source of foreign exchange earnings and accounts for over 70 percent of government revenue. The challenges facing the country include erratic power supply, lack of infrastructure, terrorist insurgence, kidnapping, banditry, clashes between farmers and herders, pervasive corruption, internet fraud, and police brutality.

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Compulsory Treatment and Care for Victims of Gunshots Act

Ministry of Health, Nigeria

This Act provides for the compulsory treatment and care for victims of gunshots. Section 2 emphasizes that every person, including security agents shall render every possible assistance to any person with gunshot wounds and ensure...

Nigeria • 2017 • Health

National Employment Policy

Ministry of Labour and Productivity, Nigeria

This policy highlights the government strategy to increase employment in Nigeria particularly in agriculture and SMEs. The strategy includes education and training programmes to drive empolyment, improving the working environment and to strengthen the institutional...

Nigeria • 2017 • Labour

National Tax Policy

Ministry of Finance, Budget and National Planning, Nigeria

The objectives of this policy is to provide: guide for operation and review of the tax system; basis for future tax legislation; reference for stakeholders on tax issues; benchmark to hold stakeholders accountable; and to...

Nigeria • 2017 • Finance

National Gas Policy

Ministry of Petroleum Resources, Nigeria

This policy document elaborates the country’s long term target for gas reserve growth and utilisation as well as stratgeic actions to ensure successful implementation of the policy.

Nigeria • 2017 • Energy

Biosafety Containment Facility Guideline

National Biosafety Management Agency, Nigeria

This document provides the guidelines and requirements for certification of biosafety physical containment level facility.

Nigeria • 2017 • Environment and Climate Change

Nigeria Health Financing Policy and Strategy

Health, Nigeria

The goal of this policy is to ensure that all Nigerians have access to timely, affordable, quality, efficient and equitable healthcare service. The policy is anchored on 4 strategies namely strengthening health financing governance, adequate...

Nigeria • 2017 • Health

Eligible Customer Regulation, 2017

Energy and Natural Resources, Nigeria

This Guide provides a simplified summary of the regulation for stakeholders across the power sector value chain. It provides much needed context to the regulation, including – description of the Minister’s declarations, the target stakeholders,...

Nigeria • 2017 • Energy

Regulation on Investment of Pension Fund Assets

Ministry of Finance, Budget and National Planning, Nigeria

This regulation covers: institutional framework; authorised markets for trading; quality of financial assets; conflict resolution; investment limits and performance benchmark; authorised and unauthourised investment and voting rights.

Nigeria • 2017 • Finance

Guidelines for Life Insurance Policy for Empolyees

Ministry of Finance, Budget and National Planning, Nigeria

This policy provide cover to the insured against death. It outlines the operational terms; death of an employee; missing employee; and the settlement of claims.

Nigeria • 2017 • Finance

Guidelines for the Operations of Pension Fund Custodians

Ministry of Finance, Budget and National Planning, Nigeria

Following the Pension Reform Act, 2004, this document outlines the procedures for the operations of pension fund custodians and for other related matters.

Nigeria • 2017 • Finance

Mandatory use of the National Identification Number Regulations, 2017

Ministry of Communications and Digital Economy, Nigeria

These regulations provide the regulatory and supervisory requirements for the mandatory use of National Identification Number for certain transactions in Nigeria and for other related matters.

Nigeria • 2017 • Democracy and Governance

National Accelerated Youth Development Programme: 2017-2020

Ministry of Youth & Sports Development, Nigeria

This document highlights the strategic framework of the National Accelerated Youth Development Programme including the mandates and the expected outcomes.

Nigeria • 2017 • Youth and Sports Development

A Strategic Roadmap for Developing Digital Identification in Nigeria

Ministry of Communications and Digital Economy, Nigeria

The goal of this policy is for the development of identification in Nigeria. The policy covers: establishing minimal data per User ID; collaborating in data collection; planning for universal coverage; linking with civil registration; managing...

Nigeria • 2017 • Information, Communication, and Technology

Revised Guidelines on Group Life Insurance Policy for Employees

Ministry of Finance, Budget and National Planning, Nigeria

Following the Pension Reform Act 2014, these giuidelines outlines the rules and standards for the procurement and maintenance of group life insurance policy in Nigeria including the requried documentation, operational terms, death of an employee,...

Nigeria • 2017 • Finance

June 9, 2022

Political Parties, Presidential Candidates and the Electoral Act 2022 

The Electoral Act 2022 seeks to update and standardize Nigeria’s elections. The introduction of technological changes such as an electronic database of registered voters and an electronic transmission system of votes is a welcome improvement. Restricting political appointees' involvement in the election process is also a step in the right direction. However, there is a fundamental issue with the new act — its endorsement of the indirect primary process.

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