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Senate Moves To Repeal Proceeds Of Crime Bill 2022

The Senate, on Tuesday, moved to re-amend the Proceeds of Crime (Recovery and Management) Bill, 2022, passed by the chamber on March 9, 2022.
The decision to re-amend the bill followed the consideration of a motion for re-commital sponsored by the Senate Leader, Yahaya Abdullahi (Kebbi North).
In his presentation, Senator Yahaya Abdullahi, relied on Orders 1(b) and 52(6) of the Senate Standing Orders 2022 (as amended) to move for the amendment of the bill.
He explained that the re-amendment of the bill became imperative in view of the amendment that was made to Clause 74 which placed the burden of proof on the investigating agencies but not on the defendant as recommended by the Joint Committee in its report.
According to him, the amendment runs contrary to the provision of Article 12(7) of the United Nations Convention against Transnational Organised Crime (UNTOC).
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Article 12(7) of the United Nations Convention against Transnational Organised Crime provides that, “States Parties may consider the possibility of requiring that an offender demonstrate the lawful origin of alleged proceeds of crime or other property liable to confiscation.”
On the need to amend the Clause 74 of the bill, Abdullahi said, “the implication of the amendment is that civil forfeitures would be a thing of the past in Nigeria as there would not be final forfeitures without a conviction.
“Implying that all property seized are included in the clause, even those that may be incidental to an arrest and may contain evidence needed for investigation of the crime.
“For example, phones, computers, documents, photographs etc recovered from suspected kidnappers, drug barons, human and child traffickers, cyber criminals, terrorists and the like would also wait for convictions before they can be seized, even in situations where the suspects are at large and the properties can be recovered for the benefit of the victim and Nigerians where applicable.
“Another example of a conundrum, is the “Ikoyi Loot” case, where no one has yet come to claim ownership of the funds and since there are no suspects to convict, the status of the funds would by virtue of this amendment remain in perpetual limbo, pending trial and conviction when the owner can be found if ever.
“The amendment also runs contrary to our International commitments, obligations and best practices as contained in those Conventions, Treaties and Protocols to which we are signatories and have as well domesticated”, the Senate Leader added.
Accordingly, the chamber in a resolution rescinded its decision on Clause 74 of the bill as passed.
The Senate, thereafter, recommitted the bill to the committees on Judiciary, Human Rights and Legal Matters; and Anti-Corruption and Financial Crimes to engage the relevant agencies with a view to exploring safeguard against abuse.
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The Proceeds of Crime Bill seeks to provide for the restraint, seizure, confiscation and forfeiture of properties derived from unlawful activities.
The bill, when signed into law, would expand the mandates of existing statutory institutions to manage proceeds of crime, and facilitate the establishment of departments in relevant organisations to manage forfeited assets as well as provide for effective legal framework for the recovery of proceeds of crime.
Meanwhile, the Senate President, Ahmad Lawan, on a Tuesday also referred President Muhammadu Buhari’s request to confirm the appointment and renewal of Members of the the Monetary Policy Committee in the Central Bank of Nigeria to the Committee on Banking, Insurance and Other Financial Institutions.
The nominees who are to appear before the Committee for screening include: Professor Mohammed Adaya Salisu and Dr. Mo’ Omamegbe (new appointment).
Others who are for renewal are Prof. Michael Obadan, Prof. Festus Adeola Adenikinju, Prof. Aliyu Sanusi Rafindadi, Dr. Robert Asogwa and Alhaji Aliyu Ahmed.
News
New Tax Laws: Suspend January 2026 Implementation — Senator Ndume Tells Tinubu

Former Senate Leader, Ali Ndume has appealed to President Bola Ahmed Tinubu to suspend the January 1, 2026, implementation of the country’s new tax laws amid growing controversy.
The federal lawmaker made the appeal in a statement he issued on Wednesday in Abuja.
This comes as the Nigerian Bar Association demanded the suspension of the implementation.
Recall that a member of the House of Representatives, Abdussamad Dasuki, had last week called the Parliament’s attention to alleged alteration to the tax laws.
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Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, in an interview on Arise Television on Wednesday, called for calm over claims of alterations in tax laws and urged Nigerians to allow lawmakers to complete their investigation before drawing conclusions.
Speaking on the ongoing controversy about the tax laws, Ndume noted that proceeding with the implementation without getting to the root of the alleged forgery will create a legitimacy challenge for the tax laws.
His statement read, “With the controversy surrounding it, the President should constitute a team to verify the veracity of the claim and act accordingly.
“As the responsive leader that he has always been, he should look at it to find out if the copy that was signed and the claim of alterations are genuine so that he will do the needful to bring the controversy to rest.
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“If not, the controversy will continue.” That is to say, the tax law will not be implemented, because you can’t build on nothing.
“So, Mr. President should suspend the implementation until the issues are resolved because so many civil society organizations, the Arewa Community, and the Nigerian Bar Association are saying that he should withdraw the tax law and investigate the allegation of forgery.”
“Therefore, Mr President should get to the root of the allegation of forgery. The small committee that will be set up should look into it while the House of Representatives does its own.”
News
Tambuwal Engages Security Agencies As US Airstrikes Hit Own LG In Sokoto

Senator Aminu Waziri Tambuwal, representing Sokoto South, has called on residents of Sokoto State to remain calm following reports of United States airstrikes targeting ISIS-linked terrorists on Christmas Day.
In a statement posted on his personal X account, the former Sokoto State governor said he was aware of reports concerning the airstrikes, which marked a direct US military action in Nigeria based on intelligence about ISWAP threats, and urged citizens to remain law-abiding while authorities clarify the situation.
“I have noted the reports concerning an airstrike carried out as part of ongoing counterterrorism efforts through cooperation between the federal government of Nigeria and the United States,” Tambuwal said. “I urge our communities to remain calm and law abiding as relevant authorities clarify the circumstances surrounding the operation.”
READ ALSO:US Dept Of War Shares Video Of Air Strikes In Nigeria
Tambuwal assured constituents that he was engaging with relevant security agencies to obtain full details of the operation and to ensure that necessary things were in place to protect civilians.
“I wish to assure the people of Sokoto South that I am in active talks with relevant security authorities to obtain full details and ensure that all necessary safeguards are upheld,” he added.
The senator emphasised that counterterrorism operations were aimed strictly at criminal and terrorist elements threatening public safety, not innocent civilians who are often victims of insecurity. He stressed that the protection of civilian lives must remain central to all legitimate security actions.
He further called on community leaders, traditional institutions and residents to work closely with security agencies by sharing credible intelligence and resisting misinformation capable of causing fear or heightening tension.
News
Rep Moore Confirms 12 Tomahawk Missiles Launched In Sokoto

No fewer than 12 Tomahawk missiles were on December 25 launched against terrorists in Sokoto State by the United States military.
Rep Riley M. Moore, the lawmaker representing Virginia’s Second District in the Congress, confirmed this in an interview with Fox News.
The US military operated in Sokoto State on Christmas night, bombing terrorists killing innocent people in parts of Nigeria.
READ ALSO:Trump’s Airstrikes: Halt Military Cooperation With US Immediately – Sheikh Gumi Tells Tinubu Govt
Some security analysts claimed on Friday that the operation was unsuccessful and had no significant impacts on the targeted terrorists.
According to them, the airstrikes landed in safe places including farms where there was no history of terrorists’ hideout.
But details began to emerge on Friday night, indicating that several terrorists were killed during the joint operations between the US army and it’s Nigerian counterpart.
READ ALSO:Nigerian Ringleader Of Nationwide Bank Fraud, Money Laundering Jailed In US, Says FBI
Moore said: “This year, thanks to President Trump, Radical Islamic Terrorists were on the receiving end of 12 Tomahawk missiles as a present.
“The successful strikes on ISIS, in coordination with the Nigerian government, is just the first step to secure the country and end the slaughter of our brothers and sisters in Christ”.
DAILY POST reports that residents of Sokoto State have been panicking since the US military operation.
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