Establishment Act
The National Assembly Library Trust Fund (Establishment) Act, 2022 provides the legal foundation for the establishment, administration, and management of the National Assembly Library Trust Fund (NALTF).
The National Assembly Library Trust Fund (Establishment) Act, 2022
The National Assembly Library Trust Fund (Establishment) Act, 2022 establishes the National Assembly Library Trust Fund (NALTF) as a statutory body responsible for supporting the growth and modernization of the National Assembly Library. The Act provides the legal framework for sustainable funding, governance, and administration of the Trust Fund to enhance legislative research, knowledge management, and library services.
The Act outlines the objectives of the Trust Fund, which include improving the research capacity of legislators and National Assembly staff through the provision of modern library facilities, up-to-date information resources, research tools, staff training, and state-of-the-art infrastructure. It also establishes a Board of Trustees and an Executive Secretary to oversee the management, implementation, and accountability of the Trust Fund.
To ensure the effective operation of the Trust Fund, the Act specifies its sources of funding, including government appropriations, grants, donations, endowments, investments, and development partner support. It further provides clear provisions for financial management, auditing, reporting, and oversight, ensuring transparency and prudent utilization of public resources.
Overall, the Act represents a significant milestone in strengthening the institutional capacity of the National Assembly Library. By providing a sustainable funding mechanism and a robust governance structure, it supports the delivery of high-quality research services, improved access to knowledge resources, and enhanced legislative performance, thereby contributing to more informed law-making and effective parliamentary oversight in Nigeria.