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| Osinbajo |
The bills are Dangerous Drugs (Amendment) Bill 2016, National Lottery (Amendment) Bill 2016, Agricultural Credit Guarantee Scheme Fund (Amendment) Bill 2016, and the Currency Conversion (Freezing Orders) (Amendment) Bill 2016.
In the four letters sent to the Senate, dated February 7, 2017, the Acting President gave various reasons for his decision “Pursuant to Section 58(4) of the Constitution.”
On the Agricultural Credit Guarantee Scheme Fund (Amendment) Bill 2016, Osinbajo said, “The reasons for withholding assent to the bill are the concerns surrounding board composition, funding arrangements, limitation of liability of funds, and proposals to increase levels of un-collaterised loans from N5,000 to N250,000.”
For withholding asset to the Currency Conversion (Freezing Orders) (Amendment) Bill 2016, the Acting President said, “The rationale for withholding assent to the bill is the concern regarding modalities for the communication of asset forfeiture orders.”
Osinbajo also said the Dangerous Drugs (Amendment) Bill 2016 could not be assented to, saying, “The rationale for withholding assent to the bill are the concerns regarding certain words and phrases utilised in the draft bill that may be inconsistent with the Principal Act (for example, Section 6 of the bill with Section 21 of the Principal Act) and the spirit behind the proposed amendments.”
Also, the Acting President said he withheld assent to the National Lottery (Amendment) Bill 2016 due to “the existence of pending legal challenge to the competence of the National Assembly to legislate on the subject matter.”
After the Senate President, Dr. Bukola Saraki, read Osinbajo’s letters to senators at plenary on Wednesday, Senator Dino Melaye, who sponsored the National Lottery (Amendment) Bill, raised a point of order and dismissed the Acting President’s reason for not assenting to it.

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