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National Assembly Denies Draft Bill for Regional Government Amidst Public Debate

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The National Assembly has categorically denied any association with a purported bill that proposes a return to regional government in Nigeria. This denial comes in the wake of a document titled “A Bill for an Act to Substitute the Annexure to Decree 24 of 1999 with a New Governance Model for the Federal Republic of Nigeria” which surfaced online on Friday, sparking an intense debate over the country’s governance structure.

The document, which has been circulating on social media, outlines significant constitutional changes aimed at transitioning Nigeria from its current presidential system to a regional government model. According to the leaked draft, the bill is intended to be passed into law before October 1, 2024, and would be cited as the Constitution of the Federal Republic of Nigeria’s New Governance Model for Nigeria Act 2024.

Copies of the purported bill stirred fierce debate over Nigeria’s current leadership. Parts of the draft bill seen by Tekedia reads in part:

PART I – Preliminaries:

“WHEREAS Nigeria, its Peoples, and Government have been governed under Decree 24 of 1999 that was handed down by the then Military Government without the express consent of the people despite the preamble of ‘We the people.’

“WHEREAS the said Constitution of the Federal Republic of Nigeria 1999 (as Amended) is not autochthonous as it does not evolve from the deliberations and consensus of the Nigerian People.

“WHEREAS the Peoples of Nigeria now desire and effectively demand for a change to a Constitution based on Federal/Regional System of Government.

“WHEREAS the Federal and Regional governments are to operate within the provisions of this Constitution, it is within the discretion of the ethnic blocs within the States that constitutes a given region to aggregate or disaggregate as Provinces, Divisions, and Districts, while being in control of their affairs without let or hindrance at whatever level of governance.

“Whereas the 1999 Constitution as amended is a schedule of a military decree now deemed to be an Act of the National Assembly for which the National Assembly have the powers to amend and/or abrogate as expedient.

“Whereas the National Assembly where so necessary and expedient can invoke the doctrine of necessity to resolve any point of law for the good governance of the country Nigeria.”

Key Provisions of the Draft Bill
The draft bill highlights several foundational changes, including:

PART II – Substitution Clause:

The drafters propose that the National Assembly shall invoke its inherent powers to expunge the schedule attached to Decree 24 of 1999, often referred to as the 1999 Constitution as amended, from the decree. This document is now deemed to be an Act of the National Assembly, which the Assembly has the powers to amend and replace with a new governance model for Nigeria effective no later than October 1, 2024.

“This amendment is subject to a yes or no vote in a Referendum by the people of the Federal Republic of Nigeria,” the bill proposed.

PART III – Stipulations for Federal Administration:

The sponsors proposed that: “(1) Nigeria shall be a Federation comprising of Regional Territories and a Federal Capital Territory and shall be a Republic to be known by the name of the Federal Republic of Nigeria.

“(2) The territorial jurisdiction of Nigeria shall comprise the territory of the Regional members of the Federation and its boundaries shall be as determined by international agreement.

3.2 Basis of the Federation:
“(1) Every Ethnic Nationality and People in Nigeria has an unconditional right to self-determination within here delineated territories.

“(2) The sovereignty, powers, and authority to formulate the articles of association towards any reform of the Central Federal Government of Nigeria, at any other time shall lie jointly and severally with all the ethnic nationalities occupying their respective territories.

“(3) Every Ethnic Nationality and People in Nigeria has the right to a full measure of self-government which includes the right to establish institutions of government in the territory that it inhabits and to equitable representation in the Federal and Regional Governments.

“(4) An ‘Ethnic Nationality or People’ for the purpose of this Constitution, is a group of people who have or share a large measure of a common culture or similar customs, mutual intelligibility of language, belief in a common or related identity, a common psychological make-up, and who inhabit.”

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National Assembly Denies the Bill

In response to the viral document, key officials from the National Assembly have distanced themselves from the bill.
Sadiya Adaramodu, a spokesperson for the National Assembly, told The Cable: “Such a bill is not with us. And who is sponsoring the bill? The National Assembly plenary is always held openly with the media in the chambers. In which order paper has such been reflected?”

Akin Rotimi, spokesperson for the House of Representatives, echoed this denial: “The committees on rules and business and constitution review have confirmed that there is no such bill before them,” he told THE PUNCH.

 Regional System or Third-Term Agenda

The emergence of this bill has reignited discussions about the most suitable governance model for Nigeria. Advocates of regional government argue that it could better address the ethnocentric challenges that the current presidential system exacerbates.

However, there are also concerns about the potential implications of such a significant shift. Some Nigerians suspect that the bill could be a maneuver to extend the tenure of the current president, Bola Tinubu.

Human rights activist and lawyer Chidi Odinkalu said the only way to tinker with presidential term limits in Nigeria for it to make sense is to explicitly make it futuristic by prohibiting the incumbent from benefiting from any change in tenure or term limits.

“This is transparently a #ThirdTerm kite flown early. 1st, existing presidential term will not count. 2nd, it’ll be 6 years & a maximum of 2 terms. 4 years + 12 years = 16 years. That’s double the 8 permitted now. Even if 4+6 years, that’s still 10 years, 25% longer than now,” he said, urging the public to resist any attempts to alter presidential term limits in a way that could benefit the incumbent.

Nigeria practiced a regional system of government following its independence in 1960 until the onset of military rule, which led to the adoption of a presidential system in 1979. The country has maintained this system to date.

The regional system, some argue, allowed for greater autonomy and development within the regions, whereas the presidential system has faced criticism for centralizing power and exacerbating ethnic tensions.

The controversy over the purported bill and the National Assembly’s strong denial highlights deeper issues within Nigeria’s political landscape. The current constitution, a legacy of military rule, has long been criticized for its lack of inclusiveness and representation of the Nigerian people’s will.

The call for a constitution that truly reflects the consensus of the Nigerian people is not new but has gained renewed urgency with the surfacing of this draft bill.

Proponents of the bill argue that a return to regional governance would better manage Nigeria’s diverse ethnic composition by allowing more localized governance. This, they claim, could foster development tailored to regional needs and reduce the central government’s bureaucratic burden. Critics, however, worry about the potential for increased regionalism to fuel separatist sentiments and undermine national unity.

However, as the debate continues, the National Assembly’s clear disassociation from the bill leaves the future of this proposed constitutional change uncertain. Nigerians await further developments with keen interest, mindful of the profound implications such a transformation could have on the nation’s governance and stability.

The broader conversation about Nigeria’s governance model touches on fundamental questions about democracy, representation, and the balance of power. Whether this bill represents a genuine attempt to address these issues or a politically motivated maneuver remains a subject of intense public scrutiny.

The Social Media Profiles of Ndubuisi Ekekwe

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Good People, these bad guys will not just allow an Ovim village boy to have fun on the web. They go and create profiles posing to be me. I have retained people to be taking them down. Now, they use my photo which is harder to detect. Please do not be deceived; these guys are not your village boy and co-learner.  This one is even a CEO (!!!!) which is a big title village boys do not use!

Also, every event I am attending, I always post on my feed. So, if you see billboards with my photo in Owerri and Accra, and you have not seen me post about the event here, know that it is fake.

Also, most importantly, I do not conduct business on social media. We do via our company emails and my colleagues help.

Finally, we have not asked any company to represent us in our Intel Corporation partnership in Uganda. As at today, Fasmicro is the ONLY company authorized by Intel Corporation in Africa as the Knowledge Partner in its programmable microprocessor business, and Fasmicro is not working with any other local firm; we handle this 100% across Africa. Check Intel website to verify https://lnkd.in/eBXEraa8

Ndubuisi Ekekwe
A Global Citizen

Authentic Profiles:
LinkedIn: https://lnkd.in/d-dB6_H
Twitter (X) : https://x.com/ndekekwe
Facebook: https://lnkd.in/eSHnHHFN

 

FIL and TON Holders Rush to New Meme Coin Following 400% Price Spike

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Filecoin (FIL) is up in value as it introduced CIDGravity, which revolutionizes data onboarding on top of the network. Moreover, Toncoin (TON) is also moving upwards in value as the Changelly platform, a global crypto exchange that serves over 7 million users listed a Toncoin ecosystem token, NOT, on top of their platform.

KangaMoon (KANG) is up 400%, fueled by enthusiasm surrounding its future BitMart listing and overall appeal. We will go over all three of these altcoins to see which is the best cryptocurrency to invest in.

Filecoin Price on the Rise Following CIDGravity Introduction

Filecoin (FIL) has seen a major uptrend, as it recently introduced CIDGravity. This will completely transform the way enterprises and ISVs onboard data onto the Filecoin network with an innovative marketplace. The Filecoin price is up 10% in the past week as it broke past the major $6 price barrier.

Now, the RSI and MACD data points for the Filecoin crypto are bullish and at this rate it has the potential to reach new heights. According to the Filecoin price prediction it can end Q4 of 2024 at $8.56.

Toncoin Crypto Surges After Ecosystem Expansion to Changelly

Telegram-Based Notcoin (NOT) got listed on top of Changelly, and is now available to over 7 million users, which can increase the demand for the Toncoin (TON) crypto as-well. Just in the past week, the Toncoin crypto surged 20%, as its value broke past the major $6.50 price barrier. Now, it just needs to pass $7, and if it does so, the Toncoin price could reach monumental gains. According to the Toncoin price prediction, it can end Q4 of 2024 at $3.15.

KangaMoon (KANG): A Good Crypto to Buy That Can Redefine the Industry With P2E and Social-Fi

KangaMoon (KANG) distinguishes itself from competitors and the fleeting hype of most other altcoins by fostering a sustainable ecosystem which has already resulted in a 400% price increase. Its focus on long-term value is evident as its introduced Social-Fi features and Play-to-Earn (P2E) elements, both of which can contribute towards major increases in the future.

The presale is already up significantly as it exceeded $7.4 million raised, with some analysts projecting that it can move even above $8 million. In addition, KangaMoon’s user base has already surpassed 32,000 during the presale, demonstrating strong community engagement.

The current Bonus Presale price of $0.025 offers a compelling entry point, especially as it was originally $0.005, providing massive ROI for early adopters. With its presence on CoinMarketCap and CoinGecko, it is available for anyone to keep track of, and its future BitMart CEX listing will solidify it as a major force in the industry. Analysts now project that it can spike 100x at launch, positioning KANG as a promising investment within the crypto landscape, making it a good crypto to buy.

Picking the Right Crypto for Diversification

Filecoin and Toncoin are both showcasing a major price increase pattern fueled by ecosystem developments and updates, yet most traders have begun to diversify their holdings with cryptocurrencies like KangaMoon as its up 400%, has raised over $7.4 million, and with is P2E integration has the potential to dominate the charts, making KANG the best cryptocurrency to invest in.

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

Website: https://Kangamoon.com/

Join Our Telegram Community: https://t.me/Kangamoonofficial

Keywords: best cryptocurrency to invest, good crypto to buy, Filecoin crypto, Filecoin price, Filecoin price prediction, Toncoin crypto, Toncoin price, Toncoin price prediction

Meta Description: Learn why Filecoin and Toncoin holders are rushing to KangaMoon following a 400% price spike.

BlockDAG’s Innovative Dashboard Improvements Draw $38 Million In Presale, Capturing Attention From Bitcoin And Ethereum Investors Promising 30,000x ROI

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As Ethereum faces significant market downturns and Bitcoin miners deal with hash rate reductions post-halving, BlockDAG shines with its user-friendly dashboard, offering straightforward solutions to market complexities and enhancing transaction transparency. This innovation has attracted global investors, showcasing BlockDAG‘s promising potential for 30,000x ROI and enticing its crypto community.

Ethereum Investors Exercise Caution Amid Price Fluctuations

The Ethereum market is marked by high volatility, affecting investor behavior with a noticeable shift from long-term to short-term strategies. Over the past week, Ethereum has seen a nearly 10% decrease in value. Technical indicators show broken support levels, suggesting continued downward pressure. There is a small window for a potential short recovery to $3,200 before possibly dropping further to $2,800, amidst broader market concerns like the activation of dormant Bitcoin wallets, liquidating sizeable amounts of Bitcoin.

Bitcoin’s Mining Sector Faces Post-Halving Challenges

Bitcoin’s mining sector is adjusting to new economic realities following the halving event, which has led to a noticeable decline in the hash rate—falling to a two-month low before making a slight recovery. This downturn aligns with expert predictions of a temporary reduction before a potential increase next year. Rising operational costs and electricity prices are squeezing profitability, although strategies to optimize energy usage and improve mining efficiency are being implemented to counteract these setbacks.

BlockDAG Enhances Investor Experience with Robust Dashboard Features

BlockDAG distinguishes itself in a crowded market with its innovative technology and compelling presale campaign, amassing $38 million. This success is largely attributed to its redesigned dashboard, which plays a crucial role in simplifying investment management and enhancing user engagement while offering 30,000x ROI.

The dashboard centralizes critical functions such as ‘Hot News’ and ‘Current Rank’, keeping investors informed and involved. It offers a gamified experience with its leaderboard system, motivating users to increase their participation. The ‘Wallet’ feature integrates all financial operations in one spot, streamlining balance and mining activity management, thereby bolstering user trust and operational ease.

Additional features like ‘Leaderboard Preview’ and ‘Last Transactions Preview’ give users a quick view of the ecosystem’s dynamics, fostering a competitive yet transparent environment. The ‘Referral Screen’ is particularly effective in expanding the community and rewarding users for introducing new members, leveraging social connections to grow the network.

BlockDAG’s commitment to making blockchain accessible is evident in its low-code/no-code platform, allowing individuals without extensive technical knowledge to develop and deploy digital assets easily, significantly widening its user base and appeal.

BlockDAG as a Robust Alternative in Uncertain Times

While Ethereum investors navigate uncertain waters and Bitcoin’s mining community recalibrates, BlockDAG offers a viable alternative with its advanced, user-oriented dashboard. This platform not only enhances user interaction but also simplifies the transaction process, making blockchain technology benefits accessible to a broader audience. For those seeking innovative solutions and substantial engagement, BlockDAG provides a promising avenue for achieving significant 30,000x returns and enhancing participation in the dynamic crypto market with its $38 million presale.

 

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Crypto Whales Invest More Than $5 Million in BlockDAG Coins: What Draws Them to this Layer 1 Coin?

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BlockDAG, an emerging proof-of-work blockchain platform, is quickly becoming the focus of major investors. Recently, crypto enthusiasts have poured over $5 million into BDAG coins, significantly elevating the presale’s profile. This notable rise in investment reflects BlockDAG’s distinctive qualities, including its capability for ultra-fast transactions, enhanced efficiency, and a more environmentally friendly approach to digital currency.

Investors Flock to BlockDAG

BlockDAG is swiftly gaining attention for its robust processing capabilities, managing several blocks per second with plans to break the 100 blocks per second threshold soon. Anchored by its strong layer 1 technology, BlockDAG provides a reliable and secure platform for mining, executing smart contracts, and achieving exceptional performance overall. In the critical area of security within the cryptocurrency realm, BlockDAG stands out by implementing sophisticated cryptographic algorithms that surpass conventional systems such as SHA 256.

The surge in interest from crypto whales in BlockDAG’s presale is evident, as it has already amassed an impressive $37.6 million. The coin’s current pricing at $0.0095 represents an 850% increase, signaling strong market confidence and offering substantial profit opportunities for early investors.

The presale’s strategic design reduces exposure to market volatility, making it a more secure investment choice. For example, with an investment of $1,000 in BDAG coins at the current price, you could potentially see a return of approximately $5,882 when the coin price escalates to $0.05 at launch, equating to a profit of $4,882.

What Makes BlockDAG Attractive to Investors

BlockDAG’s impressive growth trajectory, escalating from a mere $0.001 to $0.0095 per coin across 16 batches, clearly illustrates its significant potential within the blockchain sphere. The project’s roadmap includes a total of 45 batches, indicating that the development and expansion of BlockDAG are far from complete.

This ongoing presale presents an excellent opportunity for financial growth and an invaluable educational platform for newcomers to the cryptocurrency world. Participants in the presale can significantly enhance their understanding and capabilities, adapting to the ever-evolving digital landscape.

The robust influx of investments into BlockDAG’s presale has significantly boosted its profile on the global stage. The project has been showcased through engaging presentations in major cities like Las Vegas and has made a striking visual impact with its displays in London’s iconic Piccadilly Circus. These efforts have successfully garnered international attention.

Additionally, the introduction of innovative payment methods and new products, along with strong support from leading cryptocurrency miners, has cemented BlockDAG’s status as a notable entity within the investment community. These strategic moves ensure that BlockDAG remains at the forefront of discussions among major investors and influential figures in the cryptocurrency market.

The Last Call

The BlockDAG presale is about more than just potential earnings; it’s an opportunity to join an extraordinary movement. Become part of an active community, learn alongside fellow enthusiasts, and contribute to the development of this digital financial ecosystem. As the project advances, early supporters are poised to reap significant rewards. This is an opportune moment to get involved with the BlockDAG initiative.

 

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu