President Muhammadu Buhari has declined ascent five bills passed by the National Assembly.
The bills are Nigerian Film Commission, Immigration amendment act, Climate change, Digital Rights and Freedom and Chartered Institute of Pension Practitioners.
This was contained in a letter forwarded to Senate by President Muhammadu Buhari which was read by Senate President, Bukola Saraki.
According to the letter , The Nigerian Film Commission bill 2018 was rejected because sections 1 (3) (d) (e) of the bill conflicts section 2 (a) (1) (2) of the National Film and Video Censors board act which confers functions in relation to firm exhibition of the National Film and Video Censors board.
He added that “Section 1 (k) of the bill states that 1% of the proceeds for the television license for the national broadcasting commission shall be paid into a fund to be controlled by the national film commission; it is conflict with section 16 (1) of the national broadcasting commission act which stipulates the purpose for which expenditure to be generated by NBC may be used.
“Section 7 (2) (d) of the bill proposed 5% VAT on all film related activities to the national film development fund violates section 40 of the Valued Added Tax and ensuring formula described there in because it averts funds normally distributed to states of the federation.”
