HIGHLIGHTS OF THE KEY PROVISIONS OF THE BUSINESS FACILITATION (MISCELLANEOUS PROVISIONS) ACT 2022

On 8th February 2023, President Muhammad Buhari signed into law, the Business Facilitation (Miscellaneous Provisions) Act, 2022 (“BFA”). The objectives of the BFA are to promote the ease of doing business in Nigeria and eliminate bureaucratic bottlenecks; amend relevant legislation to promote the ease of doing business in Nigeria, and institutionalize all the reforms to ease implementation. It further amended specific provisions of 21 business-related laws to remove bureaucratic obstacles to doing business in Nigeria. We have reviewed the BFA and highlighted its salient provisions, including the legislations that were consequentially amended.

THE NDPB ISSUES COMPLIANCE NOTICE FOR THE NATIONAL DATA PROTECTION ADEQUACY PROGRAMME WHITELIST

The Nigerian Data Protection Bureau (“NDPB” or “Bureau”) has issued a notice for compliance to its Whitelist for the National Data Protection Adequacy Programme (“NaDPAP”). The Whitelist which was established pursuant to section 37 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended) and the Nigerian Data Protection Regulation (“NDPR”) 2019, will …