2022 was an active year in Nigerian governance. Being the eve of an election year, there was increased pace to ensure that legislative business was concluded, in time for the election year, which historically experiences a lull, as campaigning moves into full swing.

Significantly, in 2022, twenty statutes were passed by the legislature and received Presidential assent. Of these, the headline-catcher was the Electoral Act, which had laboured through the green chamber for many years, but eventually saw the light of day, in time to regulate the 2023 general elections. 

For commercial participants, there were far reaching reforms introduced by the Nigeria Startup Act – which seeks to make the Nigerian economy more attractive especially for startups. In specialized sectors like civil aviation – a new statute was enacted, with significant effects for those in the aviation sector. We also assess the recently passed ARCON Act, which has major impacts on advertising – which is an activity that every business undertakes.