President Bola Tinubu has declined to sign two recently passed National Assembly bills into law, warning that several of their provisions could weaken fiscal discipline and clash with existing financial regulations.
The rejected bills are the Nigerian Institute of Transport Technology (Establishment) Bill, 2025, and the National Library Trust Fund (Amendment) Bill, 2025.
In separate letters read by Senate President Godswill Akpabio during Tuesday’s plenary, Tinubu said while both bills had commendable goals, certain clauses would “create fiscal loopholes, encourage financial opacity, and contradict national economic policies.”
On the Transport Technology Bill, the President faulted new levies on imports and exports, unregulated borrowing limits, and provisions allowing investment of public funds—moves he described as “fiscally dangerous.”
Similarly, the National Library Trust Fund Bill was flagged for inconsistencies in taxation, funding, and administrative structure, which Tinubu said could conflict with federal financial laws.
Senate President Akpabio commended the President’s “diligent legislative review” and referred the bills back to relevant committees for revision.
The move highlights Tinubu’s determination to maintain strict fiscal control and align all legislative efforts with his administration’s Renewed Hope economic reforms.
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