Legislative Journey
-
First Reading19 Oct 2023
-
Second ReadingNot yet reached
-
Committee ReportNot yet reached
-
Third ReadingNot yet reached
-
Current StatusAwaiting 2nd Reading
Summary & Analysis
This bill seeks to amend the Economic and Financial Crimes Commission (Establishment, etc.) Act Cap E1 LFN, 2010, to inter alia reflect the change of prisons to correctional services in our laws, make it possible for states and local governments who are victims of financial and economic crimes to benefit from recovered looted funds or properties, and to secure the livelihood of Nigerians who are employed in businesses or properties that forms part of the proceeds of financial and economic crimes.