Close Menu
Chronicle NG
    Trending Stories
    Atletico Madrid earned a 1-0 La Liga victory, which was overshadowed by Getafe defender Abdel Abqar's red card for touching the genitals of their striker Alexander Sorloth.

    Getafe defender touches Sorloth’s genitals in 1-0 lose to Atletico

    March 14, 2026
    Dowman

    Dowman sets new record as Arsenal defeat Everton 2-0

    March 14, 2026
    Chelsea lose 1-0 at home to Newcastle

    Chelsea lose 1-0 at home to Newcastle

    March 14, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Getafe defender touches Sorloth’s genitals in 1-0 lose to Atletico
    • Dowman sets new record as Arsenal defeat Everton 2-0
    • Chelsea lose 1-0 at home to Newcastle
    • Osimhen scores as Galatasaray thrash İstanbul Başakşehir 3-0
    • Trump asks China, France, Japan to deploy warships to Strait of Hormuz after Iran’s threat
    • Missile hits US embassy helipad in Iraq amid rising tensions
    • Super Eagles mourn death of ex-midfielder Henry Nwosu
    • Tinubu mourns ex-Super Eagles player Henry Nwosu
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Saturday, March 14
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    Senate considers bills to tackle poverty, stop intellectual property theft

    David GreatBy David GreatJuly 27, 2022No Comments4 Mins Read
    Facebook Twitter Telegram WhatsApp
    The Senate Committee on Diaspora and Non-Governmental Organisations has voiced alarm about the growing trend of Nigerians travelling abroad
    Facebook Twitter WhatsApp

    The Senate, on Tuesday, considered two critical bills seeking to tackle poverty and put a stop to intellectual property theft in the country.

    One of the bills provides for the establishment of the National Poverty Alleviation Management Commission; while the other seeks to re-enact the Patent and Design Act 2021 to revise the existing intellectual property law to prohibit theft.

    Both bills scaled second reading during plenary.

    The bill to establish the National Poverty Alleviation Management Commission seeks to empower the Commission to coordinate and regulate all forms of poverty alleviation funds.

    The bill was sponsored by Senator Kabir Abdullahi Barkiya (APC – Katsina Central).

    Leading debate on the general principles of the bill, Barkiya said its passage and assent into law, “will have tremendous and vital impact on the reduction of poverty level, ravaging the majority of citizens in the country.”

    According to the lawmaker, this includes the poor and their families who find it difficult to feed themselves.

    Vice President Yemi Osinbajo reiterates President Muhammadu Buhari's determination to eradicate poverty
    Vice President Yemi Osinbajo reiterates President Muhammadu Buhari’s determination to eradicate poverty

    He explained that the proper and efficient management of poverty alleviation funds through sufficient regulation would drastically cut-down on the poverty rate in Nigeria.

    “It is imperative to note, that the passage of this bill will effectively and efficiently regulate all forms of funds provided to alleviate poverty in the land, especially to remedy the suffering of our citizens.

    “This aforementioned fund could be granted by the government, or international and local donations in order to minimise the high level of hardship that people go through within the country”, the lawmaker said.

    • FG approves N400bn for poverty reduction in 2022

    Contributing to the debate, Senator Christopher Ekpenyong (PDP – Akwa-Ibom North West), described the bill as “bi-partisan”.

    United Nations is celebrating the 100th anniversary of South African icon Nelson Mandela Poverty

    He lamented that resources allocated for poverty alleviation most times do not get to the poor as a result of mismanagement.

    He observed that having a Commission in place as intended by the bill would see to the realisation of the objectives of the federal government in the aspect of poverty reduction.

    On his part, Senator Ibrahim Gobir (APC – Sokoto East) recalled that a similar bill was passed under the eighth senate but failed to receive presidential assent.

    He, therefore, advised the President to sign the bill into law, adding that putting in place management models to determine the level of impact made through programmes targeted at poverty alleviation would, to a large extent, compliment the bill.

    The bill after consideration was referred by the Senate President, Ahmad Lawan, to the Committee on Poverty Alleviation for further inputs.

    The Committee was given four weeks to report back to the Senate in plenary.

    In a related development, another bill seeking to review the nation’s intellectual property law scaled second reading on Tuesday.

    The bill titled, “Patent and Design Act 2004 (Repeal and Re-enactment) Bill, 2021, was sponsored by Senator Ibikunle Amosun (APC – Ogun Central).

    According to him, the bill seeks to protect intellectual property rights by setting up a framework for civil/judicial procedures.

    He added that upon passage and assent into law, same would give Nigeria the opportunity as a member of the International Union for the protection of industrial property, to secure maximum benefits from being part to the Patent Co-operation Treaty, 1970, to which it is a signatory.

    The bill after consideration was referred by the Senate President to the Committee on Trade and Investment.

    The Committee was also given four weeks to report back to the chamber in plenary.

    Meanwhile, a third bill seeking to amend the Federal High Court Act 2004, to increase the number of Judges of the Federal High Court from 100 to 172; and Repeal the Federal High Court (Amendment) Act 2013 was stepped down.

    The bill was stepped down due to the absence of its sponsor, Senator Ovie Omo-Agege (APC – Delta Central), during plenary.

    However, a fourth bill to amend the Hydroelectric Power Producing Areas Development Commission (HYPADEC) Act 2010, also scaled second reading.

    The bill which was sponsored by Senator Sadiq Umar (APC – Kwara North), was referred to the Committee on Power after consideration.

    The Committee has four weeks to turn in its report.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Trump asks China, France, Japan to deploy warships to Strait of Hormuz after Iran’s threat

    Trump asks China, France, Japan to deploy warships to Strait of Hormuz after Iran’s threat

    Missile hits US embassy helipad in Iraq amid rising tensions

    Missile hits US embassy helipad in Iraq amid rising tensions

    Tinubu mourns ex-Super Eagles player Henry Nwosu

    Super Eagles mourn death of ex-midfielder Henry Nwosu

    Tinubu mourns ex-Super Eagles player Henry Nwosu

    Tinubu mourns ex-Super Eagles player Henry Nwosu

    Tinubu mourns ex-Super Eagles player Henry Nwosu

    Henry Nwosu, ex-Super Eagles star dies at 62

    Abia State Governor Alex Otti has confirmed two separate kidnap attempts at Olokoro and Ubakala, both in the Umuahia South Local Government Area, by men suspected to be cattle herders.

    Otti seals $200m palm oil deal, targets 5,000 jobs in Abia

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Atletico Madrid earned a 1-0 La Liga victory, which was overshadowed by Getafe defender Abdel Abqar's red card for touching the genitals of their striker Alexander Sorloth.

    Getafe defender touches Sorloth’s genitals in 1-0 lose to Atletico

    March 14, 2026
    Dowman

    Dowman sets new record as Arsenal defeat Everton 2-0

    March 14, 2026
    Chelsea lose 1-0 at home to Newcastle

    Chelsea lose 1-0 at home to Newcastle

    March 14, 2026
    Osimhen : Galatasaray will head to Turin with a three-goal advantage after recovering from a deficit to defeat Juventus in an intense first leg of their Champions League knockout phase playoff tie.

    Osimhen scores as Galatasaray thrash İstanbul Başakşehir 3-0

    March 14, 2026
    Trump asks China, France, Japan to deploy warships to Strait of Hormuz after Iran’s threat

    Trump asks China, France, Japan to deploy warships to Strait of Hormuz after Iran’s threat

    March 14, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.