Why President Buhari refused to assent 2 bills

Why President Buhari refused to assent 2 bills

President Muhammadu Buhari has give reasons for his refusal to sign a bill establishing the University of Wukari, sent to him by the National Assembly.

In letters sent to the Senate President, Bukola Saraki, and Speaker of the House of Representatives, Yakubu Dogara respectively, President Buhari expressly stated that his decision not to assent the bill was over the use of wrong phrases in the bill.

According to him, “The rationale for withholding assent, are regarding certain words and phrases utilised in the bill.

“For instance, statutes should replace regulation, throughout the bill for consistency.

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“Paragraph 9 (1) of the first schedule should refer to the president and not the visitor and paragraph 5 of the first schedule should refer to sub paragraph 2 and not sub paragraph 3.”

In the same way, President Buhari said he did not assent the Chartered Institute of Treasury Management Establishment Bill, 2017, for the same reason.

Meanwhile, in a different letter read at the two chambers of the National Assembly on Tuesday, Buhari said “the rationale for withholding assent was because of the scope of phrases utilised in the bill.

“For instance, the phrase ‘treasury management’ is not defined in the bill. Greater clarity maybe required regarding the impact of the bill on the Central Bank’s regulation of treasury managers in banks and the relationship between the professional institutes and other existing professional institutes that regulate treasury managers in Nigeria.”