*Seek 0.05% Of Recovered Loots For EFCC

A Bill seeking to amend the Economic Financial Crimes Commission (EFCC) Act 2004 and amongst other things address the existing lacuna in the Act by introducing provision that would limit the time frame within which a person appointed as the chairman of the commission could occupy the position in acting capacity, has passed the second reading in the House of Representatives.

The bill, which was sponsored by Hon. Ossai Nicholas Ossai, Hon. Tajudeen Yusuf, Hon. Wale Raji and Hon. Kabiru Tukur also provided that the commission should retain 0.005 per cent of the loot recovered to fund its operations and make them more efficient and effective.

Yusuf said the amendment sought to amend only Section 2 of the EFCC’s Principal Act.

He said: “Section 2 of the Principal Act provided that the Acting Chairman shall only occupy the position of acting Chairman for a period not exceeding six months after which his appointment will lapse if he is not confirmed by the Senate.”

He added that Section 35 of the Principal Act provided that 0.05 per cent of the sums of money and value of assets recovered from looted funds and proceeds of crime is credited to the funds of the commission to enable it to be more effective in the discharge of its responsibilities.

Yusuf, however, argued that funds should not be credited to the commission without authorisation by the National Assembly through the relevant committees of the Senate and the House of Representatives.

Raji, in his own submission, said the bill also sought to expand the scope of persons qualified as chairman of the commission.

He argued that this amendment was informed by the unique activities carried out by the commission and its inability to fully achieve its mandate since inception.

Raji explained that the essence of this amendment is primarily to accommodate and give legal backing to other professionals both in the public and private sector, who are qualified for an opportunity to pilot the chief anti-corruption agency of the country without necessarily being a member of the Nigerian Police Force or any other security outfit.

He added that the proposed amendment stated that the chairman should “be a person of recognised financial experience with proven integrity in financial crimes control whether in the public or private sector and committed to the fight against corruption.”

_______________________________________________________________________ Groundbreaking Guide For Lawyers: Adigwe Publishes ‘Artificial Intelligence For Lawyers’ With Free Research eBook As an added bonus, every purchase comes with a FREE ebook titled: “AI in Legalpedia and Law Pavilion: A Research Guide.” Ohio Books Ltd praises the publication, stating: "....this is the only Nigerian book I know of on the topic." How to Order: 📞 Call, Text, or WhatsApp: 08034917063 | 07055285878 📧 Email: benadigwe1@gmail.com 🌎 Website: www.benadigwe.com Ebook Version: Access it directly online at https://selar.com/prv626   ______________________________________________________________________ “Enhance Legal Practice With Authoritative Reports” — Alexander Payne Offers Comprehensive Law Reports, Spanning Over A Century Of Nigerian Jurisprudence

Interested buyers are encouraged to place their orders and enquiries via: 0704 444 4777, 0704 444 4999, 0818 199 9888 Website: www.alexandernigeria.com

_______________________________________________________________________ [A MUST HAVE] Evidence Act Demystified With Recent And Contemporary Cases And Materials
“Evidence Act: Complete Annotation” by renowned legal experts Sanni & Etti.
Available now for NGN 40,000 at ASC Publications, 10, Boyle Street, Onikan, Lagos. Beside High Court, TBS. Email publications@ayindesanni.com or WhatsApp +2347056667384. Purchase Link: https://paystack.com/buy/evidence-act-complete-annotation ______________________________________________________________________ “Bridging Theory And Courtroom Practice” — Hagler Sunny Okorie, Nathaniel Ngozi Ikeocha Unveil ‘Functional’ Tort Law Book For Nigerian Legal System The book, titled The Law of Torts in Nigeria: A Functional Approach, authored by Professor Hagler Sunny Okorie Ph.D and Ikeocha, Nathaniel Ngozi Esq, offers law students, practitioners, and academics a comprehensive guide to understanding and applying tort law in Nigerian courts. Interested buyers can place orders via the following contact numbers: 08028636615, 08037667945, 08032253813, or +234 902 196 2209. _______________________________________________________________________

“Order Your Copy Now” — Basil Momodu, Esq. Unveils Second Edition Of His Book, "Civil Procedure In Nigeria"

According to the learned author, Basil Momodu Esq. "Law review is a continuum. We will continue to track changes in the law to enrich future editions." Recommended Booksellers: Lagos: 08033855230, Abuja: 08035991379, and others.