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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Traditional Medicine Policy

Ministry of Health, Nigeria

The traditional medicine policy provides the guidelines for the practice of traditional medicine in Nigeria. Driven by the need to expand healthcare coverage in Nigeria, the government plans to incorporate this practice into the existing...

Nigeria 2007 Health

Companies Income Tax Act, 2007

Ministry of Trade, Industry and Investment, Nigeria

This is Act consolidating the provisions of the Companies Income Tax Act, 1961 including the imposition of tax and profit chargeable, ascertainment of profits, appeals, tax repayment and other general provisions.

Nigeria 2007 Trade, Industry and Investment

Chartered Institute of Bankers of Nigeria Act, 2007

Ministry of Trade, Industry and Investment, Nigeria

This Act is a repeal of the Chartered Institute of Bankers of Nigeria Act 1990. The Act enacts a new the Chartered Institute of Bankers of Nigeria Act, responsible for controlling membership and practice of...

Nigeria 2007 Trade, Industry and Investment

Investment and Securities Act, 2007

Ministry of Trade, Industry and Investment, Nigeria

This is an Act repealing the Investment and Securities Act 1991 and establishing the Securities and Exchange Commission as the main regulatory authority for the Nigeria Capital Market and for regulating the market to protect...

Nigeria 2007 Trade, Industry and Investment

Nigerian Minerals and Mining Act, 2007

Ministry of Trade, Industry and Investment, Nigeria

This Act repeals the Minerals and Mining Act 1999 and re-enacts the Nigerian Minerals and Mining Act 2007 to regulate all activities in the mining sector such as exploration and exploitation of solid minerals in...

Nigeria 2007 Trade, Industry and Investment

Nigerian Communications Act (No. 19 of 2003)

Ministry of Communications and Digital Economy, Nigeria

These regulations provide a framework for universal access and universal service provision in Nigeria. It describes the processes of obtaining licenses, the establishment of the USP board, and the governance structure of the Universal Service...

Nigeria 2007 Information, Communication and Technology

Central Bank of Nigeria Act, 2007

Central Bank of Nigeria, Ministry of Finance, Budget and National Planning, Nigeria

This is an Act to repeal the Central Bank of Nigeria Act 1991 and to re-enact the Central Bank of Nigeria Act and other related matters

Nigeria 2007 Finance

Fiscal Responsibility Act, 2007

Ministry of Finance, Budget and National Planning, Nigeria

The main objective of this Act is for the prudent management of the Nation’s economic resources to achieve long-term macroeconomic stability in Nigeria. The Act makes provision for the establishment of the Fiscal Responsibility Commission...

Nigeria 2007 Finance

Federal Road Safety Commission (Establishment) Act, 2007

Federal Road Safety Commission, Office of the Secretary to the Government of the Federation, Nigeria

This is an Act to repeal the Federal Road Safety Commission Act, 1990 (as amended) to establish the Federal Road Safety Commission with the responsibility for traffic management, preventing and minimizing accidents on the highways,...

Nigeria 2007 Transportation

Nigerian Maritime Administration and Safety Agency Act, 2007

Ministry of Transportation, Nigeria

This is an Act to provide for the promotion of maritime safety and security, protection in the maritime environment, shipping registration and commercial shipping, maritime labour, the establishment of Nigerian maritime administration and safety agency;...

Nigeria 2007 Transportation

The Official Development Assistance Policy (ODA Policy)

Ministry of Finance, Budget and National Planning, Nigeria

The Official Development Assistance Policy outlines the strategy to drive the involvement of Nigerians in development assistance and the processes for integrating donor support into national planning.

Nigeria 2007 Economy

Nigeria Extractive Industries Transparency Initiative (NEITI) Act 2007

Ministry of Mines and Steel Development, Nigeria

This Act provides for the establishment of the Nigeria Extractive Industries Transparency Initiative (NEITI) Charged with the responsibility, among other things, for the development of a framework for transparency and accountability in the reporting and...

Nigeria 2007 Mining

Nigeria Christian pilgrim Commission Act, 2007

Ministry of Interior Affairs, Nigeria

This is an Act to specifying the role of the Federal Government of Nigeria in the co-ordination of Christian pilgrim matters and for the repeal of the Nigerian Pilgrims Act, 1989 as well as for...

Nigeria 2007 Gender and Human Rights

Nigerian Content Development and Monitoring Board - NCDMB Community Content Guideline

Ministry of Energy and Natural Resources, Nigeria

In pursuance of the Nigerian Content Development and Monitoring Board (NCDMB) mandate, these guidelines were developed to achieve structured engagement of youth, establish developmental infrastructure, attract new businesses and sustain the growth of communities where...

Nigeria 2007 Energy

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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