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February 15, 2024 60 Lawmakers Seek Change From Presidential To Parliamentary System
IFMNEWS

60 Lawmakers Seek Change From Presidential To Parliamentary System

About 60 members of the House of Representatives are seeking amendments to the 1999 Constitution to transition from the current Presidential System to the Parliamentary System of Government.

Led by a lawmaker representing Lagos State, Wale Raji, the lawmakers identified the need to reduce the cost of government and robust policy debates, among others, as some of the reasons for demanding a return to the parliamentary system.

It was titled: ‘The Bills Proposing Constitutional Alterations for a Transition to a Parliamentary System of Government’ and sponsored by the House Minority Leader, Kingsley Chinda, and 59 others. It was read for the first time on the floor of the House during yesterday’s plenary session in Abuja.

Addressing a press conference at the National Assembly Complex, the spokesperson for the sponsors and member representing Kebbe/Tambuwal Constituency of Sokoto State, Abdulssamad Dasuki.

February 15, 2024 Sanwo Olu Begins Distribution Of N750m To Traders
IFMNEWS

Sanwo Olu Begins Distribution Of N750m To Traders

Yesterday, Lagos State Governor Babajide Sanwo-Olu delivered on his promise by disbursing N50,000 each to 15,000 traders spanning the 20 local councils and 37 local council development areas (LCDAs), amounting to N750 million.

The governor commenced the distribution of funds at the launch of Lagos Market Traders Money, in line with his commitment made during the commissioning of the Mid-Level Agro-Produce Hub in Idi-Oro, Mushin, on Sunday, December 17, 2023.

As explained by the governor, this initiative serves as a temporary measure by the state government to empower small-scale traders within the food system. By offering financial assistance, the aim is to enable them to expand their businesses, thus fostering economic growth and enhancing the livelihoods of many residents within the state.

Sanwo-Olu expressed confidence that this gesture would lead to sustainable livelihoods and the expansion of businesses for the 15,000 traders who hold strategic positions in the state's economic pyramid and food distribution network.

The governor outlined the meticulous selection process for beneficiaries, which involved identifying 200 traders from markets in each local council and LCDA and an additional 50 beneficiaries chosen by the Iyaloja/Babaloja General in each council/LCDA, totalling 14,250 market traders.

In her remarks, Commissioner for Agriculture Abisola Olusanya commended the governor for fulfilling his promise and initiating the trader money program. She emphasized that this initiative aligns with the government's commitment to supporting sustainable livelihoods and wealth creation for traders across the state.

Olusanya highlighted the significance of the initiative within the context of Lagos being the largest market city-state in sub-Saharan Africa. She underscored that this joint effort between the Ministry of Agriculture and local governments, in collaboration with market leaders, is the first of many initiatives aimed at alleviating the burdens citizens face, including those related to food, health, education, and transportation.

February 15, 2024 Tinubu Departs Abuja For Addis Ababa To Attend 37th AU Summit
IFMNEWS

Tinubu Departs Abuja For Addis Ababa To Attend 37th AU Summit

Today, February 15th, President Bola Tinubu is set to depart from Abuja to Addis Ababa, Ethiopia, to participate in the 37th Ordinary Session of the African Union (AU) Heads of State and Government.

The summit's theme, "Educate an African fit for the 21st Century: Building resilient education systems for increased access to inclusive, lifelong, quality, and relevant learning in Africa," underscores the critical focus on enhancing education across the continent.

According to a statement from Presidential Spokesperson Ajuri Ngelale, President Tinubu will engage in high-level discussions during the summit, covering topics such as institutional reforms of the African Union, peace and security, climate change, and the continental body's priorities in the G20.

Additionally, President Tinubu will participate in an extraordinary summit of the Authority of Heads of State and Government of ECOWAS in his capacity as the Chairman of the regional body.

Accompanied by ministers and other government officials, President Tinubu is expected to return to Abuja following the conclusion of the Summit.

February 15, 2024 Fubara Promises To Immortalise Wigwe, Support His University
IFMNEWS

Fubara Promises To Immortalise Wigwe, Support His University

Governor of Rivers State, Siminalayi Fubara, has expressed deep sorrow over the passing of Dr. Herbert Wigwe, the Group Chief Executive Officer of Access Bank, considering it an immense loss.

Speaking from the Government House in Port Harcourt, Governor Fubara conveyed his grief, still reeling from the tragic helicopter crash in the United States of America that claimed the lives of Dr. Wigwe, his wife, son, and others last Friday.

He reflected on Dr. Wigwe's invaluable contributions to his administration's progress, particularly through his insightful economic counsel.

Governor Fubara affirmed the commitment of the Rivers State Government to support the success of Wigwe University, a significant investment spearheaded by the late business magnate.

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