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      "p.9 'Impact and implications on businesses' is a category label where the deck most needs a quantified so-what",
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          "text": "New bills signed into law include; Electricity Act, Student Loan Act, and the Data Protection Act.\nThe Electricity Act vests States, companies and individuals with the legal authority to generate, transmit and distribute electricity. If implemented by the States, the Act is expected to minimise the annual economic losses estimated at $26 billion (₦10 trillion); and enhance electricity access to the 85 million Nigerians that lack access to the electricity grid in the various unserved and underserved areas.\nNigeria's Student Loan Act aims to provide interest-free loans to students, thereby enhancing the access and affordability of higher education to prospective and existing students. However, there is a need to address the eligibility requirements and repayment challenges for the successful execution of the program.\nThe Data Protection Act aims to safeguard the privacy rights of individuals by governing how personal information is collected, utilised, and shared. If implemented well, the Act will enhance investors confidence in the country's data regulations may generate over ₦16 billion in data businesses.",
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