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Bill to return Nigeria to parliamentary system scales second reading At House Of Reps

Published

1 year ago

March 28, 2025

Editor

A bill seeking to return the country to a parliamentary system of government passed its second reading on the floor of the House of Representatives on Thursday.

The bill was among 31 Constitution amendment bills passed for second reading at the plenary presided over by Deputy Speaker, Benjamin Okezie Kalu.

The proposed legislation, titled: “A Bill for an Act to Alter the Provisions of the Constitution of the Federal Republic of Nigeria, 1999, to Provide for the Office of the Prime Minister as Head of Government and the Office of President as Head of State and to Provide for a Framework for the Mode of Election to the Said Offices and for Related Matters (HB.1115)”, is sponsored by the House Minority Leader, Kingsley Chinda, and 59 other lawmakers.

If passed, the bill will replace the current presidential system with a parliamentary model, where executive powers will be vested in a Prime Minister elected by the legislature, while the President will serve as the ceremonial Head of State.

According to Daily Trust, 60 members of the House of Representatives had February 14, 2024 introduced three bills proposing alterations to the Nigerian Constitution 1999 (as amended) to transition from the current presidential system to the parliamentary system of government by 2031.

The bills are the Constitution of the Federal Republic of Nigeria, 1999 (Alteration) Bill, 2024 (HB.1115); Constitution of the Federal Republic of Nigeria, 1999 (Alteration) Bill, 2024 (HB.1116) and Constitution of the Federal Republic of Nigeria, 1999 (Alteration) Bill, 2024 (HB.1117).

Briefing journalists after the introduction of the bills, the lawmakers said they came together across party affiliations and regional backgrounds to present the bills proposing constitutional alterations to pave the way for the transition of the system of government.

Abdussamad Dasuki, who spoke on behalf of the sponsors, had said the proposed alterations, when passed, would significantly impact the national political landscape.

“Over the years, the imperfections of the presidential system of government have become glaring to all, despite several alterations to the constitution to address the shortcomings of a system that has denied the nation the opportunity of attaining its full potential.

“Among these imperfections are the high cost of governance, leaving fewer resources for crucial areas like infrastructure, education and healthcare, and consequently hindering the nation’s development progress, and the excessive powers vested in the members of the executive, who are appointees and not directly accountable to the people.

“That (parliamentary) was the governance system of the First Republic, a period when legislative and executive powers were exercised by the representatives of the people in parliament and in the executive, and by the nature of the system, these representatives were accountable to the people. For six years while it was in operation, the system worked for the country,” he said.

The lawmakers had argued that the return of Nigeria to the parliamentary system would make government accountable, responsible, responsive, and ultimately less expensive.

Related Topics:House of Representatives Reps

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Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

6 hours ago

May 6, 2026

Editor

Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

He has been a regular feature for Lazio this season.

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Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

Published

6 hours ago

May 6, 2026

Editor

The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

“This contradiction will no longer be tolerated,” the statement said.

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N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

Published

8 hours ago

May 6, 2026

Editor

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.