A Bill for an Act to Alter the Provisions of the Constitution of the Federal Republic of Nigeria, 1999 to Make Provisions for Savings in the Federation Account before Distribution to Other Levels of Government; and for Related Matters

Abstract

This Bill seeks to alter the Constitution to provide for savings in the Federation Account before distribution to other levels of Government, for the benefit of future generations and in order to protect the country from the volatile ups and downs of an oil-rich economy.