Business Regulations, Law & Practice | |
Business Regulations, Law & Practice | |
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Tuesday, March 31, 2020 /03:33
AM / by State House / Header Image Credit: @NigeriaGov
In exercise of the powers conferred on him by
Sections 2, 3 and 4 of the Quarantine Act (CAP Q2 LFN 2004), and all other
powers enabling him in that behalf, President Muhammadu Buhari, Monday,
signed the COVID-19 Regulations, 2020, which declared COVID-19 a dangerous
infectious disease.
The Regulations, effective March 30, 2020, also
gave legal backing to the various measures outlined in the President's National
Broadcast on March 29, 2020, such as Restriction/Cessation of Movement in
Lagos, FCT and Ogun State and others toward containing the spread of the
pandemic in the country.
In addition, to ensure that Nigerians can still
perform on-line transactions and use ATMs whilst observing these restrictions,
exemption is granted to financial system and money markets to allow very
skeletal operations in order to keep the system in light operations during the
pendency of these regulations.
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Here - Nigeria COVID-19
Regulations 2020; Pursuant to Quarantine Act (CAP Q2 LFN 2004)
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