news
Corruption Saga : EFCC Grills Lagos Speaker, Mudashiru Obasa
Following extensive investigations which began over three months ago, strong indications have emerged that the Economic and Financial Crimes Commission (EFCC) has commenced interrogation of Rt. Hon. Mudashiru Obasa; the Speaker of Lagos State House of Assembly (LSHA) over alleged cases of misappropriation and abuse of office involving siphoning of hundreds of millions of naira belonging to LSHA. Obasa is being interrogated for misappropriating funds meant for projects and legislative operations and acquisition property located in Lagos and abroad through illicit funds estimated to be several millions of naira. Credible sources at the EFCC claimed Obasa arrived at the Lagos Office of the anti-graft agency on Thursday, 8th October to face panel of interrogators who understandably will confront him with evidence of misappropriation and outright stealing through multiple bank personal accounts as well as other bank account linked to his companies and network of cronies including a lady believed to be his personal assistant. The lady is believed to have served as channel through which huge sums of funds belonging to the LSHA were laundered for acquisition of property abroad.
Popular online media Sahara Reporters had in series of publications detailed the sleaze involving Obasa, members of his family and cronies whom Obasa awarded questionable contracts on behalf of LSHA and who in turn served as agents of his numerous corrupt dealings. As member and subsequently Speaker of LSHA, Obasa operated over 60 bank accounts and engaged in award of contract to his personal companies and those of his cronies through which he defrauded LSHA to the tune of several millions of naira. It is recalled that civil society organizations in Lagos has on several occasion demanded investigation of Obasa by anti-graft agencies. In June, a coalition of civil society organizations staged protests at the EFCC office in Ikoyi; demanding investigations into allegations of corruption at the Lagos State House of Assembly. Investigations by Sahara Reporters which was corroborated by record of the Supreme Court of Nigeria revealed Obasa may not have qualified as a lawyer in spite of his claim to have been called to Nigerian Bar on account of which he attended a number of forums in Nigeria and abroad to represent LSHA and Lagos State Government.
While details of evidence EFCC operatives at the Ikoyi Office will use in confront Obasa are still sketchy, sources however indicated that the lady who served as Obasa’s personal assistant has revealed much about her involvement in fraud perpetrated by the Speaker. The lady and a couple of other cronies who were said to have been interrogated for days at the Lagos Office of the EFCC may have provided useful information about illicit transactions running into several millions of Naira which were laundered on behalf of the Speaker Mudashiru Obasa.
Anti-graft operatives are also believed to have interrogated scores of bank officials linked with the transactions as well as number of vehicle dealers who provided information on transactions that established fraudulent dealings by the Speaker. Notably, investigations may have revealed how funds belonging to LSHA were diverted into acquiring several houses in different locations in Lagos. Investigations into Obasa’s string of houses which are believed to be ongoing may have revealed how Obasa acquired no fewer than hundred house most of which are Agege area of Lagos as well as other locations of choice in Lagos metropolis.
It is not immediately clear if any member of LSHA has so far been implicated apart from the Speaker. However, there are indications that a number of Obasa’s accomplices cooperated with the EFCC during investigations by providing credible leads on the huge fraud perpetrated at the LSHA. While Obasa’s interrogations at the Lagos Office of EFCC may continue for the new few days, there is however strong indication that prosecution of the head of Lagos legislative assembly may commence soon after the interrogation.
News of The people
news
Tinubu Commends APC Primaries, Describes Exercise as Victory for Internal Democracy
![]()
…President expresses satisfaction with governors’ handling of exercise
…Says party members’ support places greater responsibility on him
President Bola Ahmed Tinubu on Saturday described the ongoing presidential primaries of the All Progressives Congress (APC) as a demonstration of internal democracy and grassroots participation, expressing satisfaction with the conduct of the exercise across the country.
The President spoke with journalists after participating in the primary election at Ward L2, Ikoyi, Lagos, where he commended state governors and party officials for managing the process.
President Tinubu, who arrived at the venue alongside the First Lady, Senator Oluremi Tinubu, was received by Lagos State Governor, Babajide Sanwo-Olu, Lagos APC Chairman Pastor Cornelius Ojelabi, Minister of Industry, Trade and Investment Dr. Jumoke Oduwole, former Minister of Finance Wale Edun, and other party leaders.
According to him, the exercise has so far reflected the democratic ideals of inclusiveness and orderly participation within the ruling party.
“This is a demonstration of internal democracy and it has been going very well according to plan.
“This is politics, grassroots politics, where every member of the party has a right to participate and be involved. It’s to ensure that we have an internal democracy and it’s peaceful and well-organized”, Tinubu said.
Responding to questions on whether he was satisfied with the manner governors had handled the process in their respective states, the President said the conduct of the primaries had met expectations.
“Today, I am very satisfied, very, very satisfied that these governors have done well in their various states.
“In fact, from the ward congresses to local government congresses, to the delegate accreditation, validation, members register, and certification of the electoral process, it has been all very well. At least, you will score democracy at a high level”, he said.
The President also reacted to the large turnout and expressions of support from party members and supporters at the venue, saying the show of confidence increased the responsibility on him.
“I’m just excited. They challenge me more,” Tinubu said.
Tinubu reiterated that the APC remained committed to transparent and inclusive democratic processes that allow party members at the grassroots to freely determine their leaders and representatives.
He further commended electoral officials, party leaders and security agencies for ensuring a peaceful and credible exercise, while urging Nigerians to continue supporting democratic institutions and national unity.
The President also reaffirmed his administration’s commitment to democratic ideals, good governance and policies aimed at improving the welfare of Nigerians while strengthening political stability across the country.
news
Truck Loaded With Stolen Rail Materials Trapped in Jos, Exposes Growing Sabotage
![]()
![]()
![]()
![]()
Concern is mounting over the persistent vandalism of railway infrastructure across Nigeria following another disturbing incident in Jos, Plateau State.
A truck reportedly conveying stolen railway materials was said to have become stuck along the Kuru axis, drawing attention to the activities of vandals sabotaging critical transportation infrastructure in the country.
The incident has renewed calls for urgent government intervention as experts warn that continued attacks on railway facilities could negatively affect national development and public safety.
Railway tracks and related materials are regarded as essential national assets designed to support economic activities, improve transportation and boost regional connectivity. Their destruction, analysts say, amounts to economic sabotage and a setback to Nigeria’s infrastructure development goals.
There are growing fears that criminal networks are increasingly targeting railway installations in parts of North Central and North East Nigeria, threatening train operations and exposing commuters to danger.
Stakeholders are now urging authorities to intensify monitoring, deploy advanced security systems and strengthen enforcement measures to curb the menace.
news
Ekiti APC: Controversy Trail Cyril Fasuyi’s Second-Term Ticket as Fayemi, Oyebanji Alliance Sparks Debate
![]()
There are growing political discussions within the Ekiti State chapter of the All Progressives Congress (APC) following allegations surrounding the emergence of Senator Cyril Fasuyi for a second term ticket.
Some party members and political observers in the state have alleged that Governor Biodun Oyebanji and former Governor Dr. John Kayode Fayemi remain politically aligned despite public perceptions suggesting otherwise. According to the claims, the relationship between Governor Oyebanji and Fayemi remains cordial and influential in the state’s political structure.
Critics further alleged that Senator Cyril Fasuyi was advised to reconcile with Fayemi in order to secure support for his return bid, a move they claim eventually strengthened his chances of getting the ticket.
The development has reportedly generated concerns among some APC stakeholders, who believe certain political interests are working behind the scenes to shape the future direction of Ekiti politics ahead of upcoming political contests.
The allegations also claim that internal power struggles within the party may affect relationships with key figures at the national level, particularly supporters loyal to President Bola Ahmed Tinubu.
However, no official statement has been issued by Governor Oyebanji, Dr. Fayemi, or Senator Fasuyi regarding the allegations.
-
news6 years agoUPDATE: #ENDSARS: CCTV footage of Lekki shootings intact – Says Sanwo – Olu
-
lifestyle6 years agoFormer Miss World: Mixed reactions trail Agbani Darego’s looks
-
health5 years agoChairman Agege LG, Ganiyu Egunjobi Receives Covid-19 Vaccines
-
lifestyle5 years agoObateru: Celebrating a Quintessential PR Man at 60
-
health6 years agoUPDATE : Nigeria Records 790 new cases of COVID-19
-
health6 years agoBREAKING: Nigeria confirms 663 new cases of COVID-19
-
news1 year agoBREAKING: Tinubu swears in new NNPCL Board
-
entertainment1 year agoAshny Set for Valentine Special and new Album ‘ Femme Fatale’