A Bill for an Act to Amend the Code of Conduct Bureau and Tribunal Act 2004 to Enable Public Officers Maintain Foreign Bank Account Outside Nigeria for the Purpose of Accessing Funds While on Official Duties to Facilitate Transactions for Pressing Family Needs and Auxiliary Expenses; and for Related Matters, 2024

Abstract

This Bill seeks to amend sections 7 of the Code of Conduct Bureau and Tribunal Act based on current economic realities to facilitate and make flexible financial transactions of Public officers listed in the Second Schedule of the Act who are involved in official duties outside Nigeria and for payment of their families' pressing needs in order to alleviate the hardship they go through trying to pay their bills. Auxiliary expenses are supplementary charges that are not considered the main focus but are necessary or supportive in various processes. These could include additional costs associated with a particular trip, event, or operation. Examples of auxiliary expenses might include travel costs, accommodation, communication expenses, or other miscellaneous charges that are not part of the primary or core expenditures but are still essential for the overall functioning or completion of a trip (both personal and official).