Today’s Thisday Newspaper Headlines, Friday 14th December 2018

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Today’s Thisday Newspaper Headlines, Friday 14th December 2018

22 House Members Move to Return Nigeria to Parliamentary System of Govt
Fri, 14 Dec 2018

The House of Representatives Thursday passed the first reading of a bill initiated by 22 members seeking to return Nigeria to the parliamentary system of government.

A group of bi-partisan lawmakers, numbering 22, who are members of the lower chambers of the National Assembly, addressed journalists yesterday in the House of Representatives Press Centre and said the presidential system of government had become too costly and was not giving Nigerians the best type of leadership.
The lawmakers, who said they were already 71 in number, said they were collecting more signatures, saying they were sure to get the mandatory two-thirds majority needed to facilitate a constitutional amendment that would see Nigeria return to the parliamentary system of government.

Presenting their case to House of Representative’s correspondents, Hon. Nicholas Osai (Delta, PDP), said the aim was to bring about the better fusion of government and foster harmony between the executive and the legislature.

According to him, “Our position in this legislation clearly point to compelling advantages of parliamentary systems of government to economic growth and development as well as its inherent efficiency in the conduct of government businesses.

“Studies have shown that countries run by presidential regimes consistently produce; lower output growth, higher and more volatile inflation and greater income inequality relative to those under parliamentary ones.”
He noted, “Little wonder the rich continue to be richer while the poor get poorer and we have become the poverty capital of the world.”

He said the presidential system was responsible for slow passage of legislation, high unemployment, political and economic instability.

According to him, “There are countless empirical records, which show that output growth under presidential regimes is in zero points (negative) while output growth under parliamentary systems clocks from one point and above (positive).

“In countries run by presidential systems inflation is on average six per cent point higher than those under parliamentary regimes. Income inequalities under presidential systems are worse when compared with that of parliamentary or hybrid systems of government.

“Presidential regimes consistently produce less favourable macroeconomic outcomes, which prevail in a wide range of circumstances (the Nigerian example).

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Your Loyalty will Be Rewarded in 2019, Buhari Assures Supporters
Fri, 14 Dec 2018
Shola Oyeyipo in Abuja President Muhammadu Buhari has promised to reward members of the All Progressives Congress (APC) who work for his victory in 2019 presidential election. Buhari made the pledge on Wednesday night when the Buhari Support Organisation (BSO) launched Together Nigeria, to support the president’s re-election bid at the old Banquet Hall of []The post Your Loyalty will Be Rewarded in 2019, Buhari Assures Supporters appeared first on THISDAYLIVE.
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OPL 245: FG Sues Shell, Eni for $1.1bn
Fri, 14 Dec 2018
Chineme Okafor in Abuja with agency reports The federal government Thursday filed a $1.1 billion lawsuit against Royal Dutch Shell and Eni in a commercial court in London over a 2011 deal involving Oil Prospecting Lease (OPL) 245. The OPL 245 oilfield is also at the heart of an ongoing corruption trial in Milan in []The post OPL 245: FG Sues Shell, Eni for $1.1bn appeared first on THISDAYLIVE.
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Obasanjo: Don’t Instigate Press War, Fani-Kayode Warns Presidency
Fri, 14 Dec 2018
Adedayo Akinwale in Abuja Former Minister of Aviation, Chief Femi Fani-Kayode, Thursday warned the presidency not to instigate a press war, saying taking former president, Chief Olusegun Obasanjo, to the cleaners over his political views could attract a comprehensive retaliation from Obasanjo’s camp. Fani-Kayode, who served under Obasanjo, said the presidency ought to treat the []The post Obasanjo: Don’t Instigate Press War, Fani-Kayode Warns Presidency appeared first on THISDAYLIVE.
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WTO Lists Benefits of AfCFTA for Nigeria, Others
Fri, 14 Dec 2018
Obinna Chima in Geneva, Switzerland The World Trade Organisation (WTO) has expressed its support for the African Continental Free Trade Agreement (AfCFTA), saying the initiative will catalyse intra-African trade. The Director of Information at WTO, Mr. Keith Rockwell, said this during an interview with THISDAY, at an ongoing seminar for journalists from Africa, Asia and []The post WTO Lists Benefits of AfCFTA for Nigeria, Others appeared first on THISDAYLIVE.
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House Members Threaten to Boycott Buhari’s Budget Presentation Wednesday
Fri, 14 Dec 2018
Shola Oyeyipo in Abuja Some members of the House of Representatives have threatened to boycott the next Wednesday’s presentation of 2019 budget estimates by President, Muhammadu Buhari, over a comment by the Minister of Budget and National Planning, Senator Udo Udoma, blaming the National Assembly for the delay in the presentation of the budget. Barring []The post House Members Threaten to Boycott Buhari’s Budget Presentation Wednesday appeared first on THISDAYLIVE.
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Magu: I Have Only One House
Fri, 14 Dec 2018
Akinwale Akintunde Acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu, Thursday told an Ikeja High Court that contrary to the claim by the Department of State Security (DSS) that his wife has two houses in the Maitama area of Abuja, he has just one house in Kano and Abuja. Magu disclosed []The post Magu: I Have Only One House appeared first on THISDAYLIVE.
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Buhari Appoints Hassan as New Minister of Environment
Fri, 14 Dec 2018
Shola Oyeyipo in Abuja President Muhammadu Buhari has approved the appointment of a Surveyor, Suleiman Hassan, as the Minister of Environment. Until his appointment on December 13, 2018, Hassan was the Minister of State in the Federal Ministry of Power Works and Housing. According to a statement by the Senior Special Assistant to President Buhari []The post Buhari Appoints Hassan as New Minister of Environment appeared first on THISDAYLIVE.
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PDP, CUPP: INEC Plotting to Create Illegal Polling Centres in Chad, Niger
Fri, 14 Dec 2018
No diaspora voting in 2019, electoral umpire assures Adedayo Akinwale and Udora Orizu in Abuja The Peoples Democratic Party’s Presidential Campaign Organisation (PPCO), has condemned the alleged plot by the Independent National Electoral Commission (INEC) and the Muhammadu Buhari Presidency to rig the 2019 general elections by creating illegal polling centres in Chad and Niger []The post PDP, CUPP: INEC Plotting to Create Illegal Polling Centres in Chad, Niger appeared first on THISDAYLIVE.
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CAN Denies Endorsing Buhari for Second Term
Fri, 14 Dec 2018
Onyebuchi Ezigbo in Abuja The Christian Association of Nigeria (CAN) has denied endorsing President Muhammadu Buhari’s re-election bid. In a statement issued by the Special Assistant in charge of Media and Communications to the CAN President, Pastor Adebayo Oladeji, the Christian body described as fake, the report that President Buhari has been chosen after CAN []The post CAN Denies Endorsing Buhari for Second Term appeared first on THISDAYLIVE.
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