The Electronic Transaction Bill passed its third and final reading at the Senate. If implemented, this Bill will guarantee the integrity of the electronic commerce environment. Once implemented, this Bill will facilitate the use of information in electronic form for conducting business transactions in Nigeria. It will also encourage and approve the use of digital signatures for electronic transactions, and provide a legal framework that will assist consumers on their rights when they use electronic transactions.
The Senate also considered a Motion by Sen. Dino Melaye on the Ajaokuta Steel Mill, where we urged the Federal Government to immediately get Ajaokuta Steel Company working, to facilitate employment and boost this critical sector of our economy.
Sen. Shehu Sani brought a Motion on the tuition rates to the floor of the Senate and the attention of the Senators. The Senate resolved to urge the Federal Government to increase funding to the Nigerian Law School.
Other items considered today were the motion on Global Population Increase and the need for Nigeria to have a comprehensive population strategy on development planning and a Motion on launching an investigation into how the funds of the Niger-Delta Development Commission (NDDC) have been used overtime.
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