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HEDA Asks EFCC To Investigate Mudashiru Obasa, over allegations of corruption and financial mismanagement
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Civil society group, the Human and Environmental Development Agenda, has petitioned the Economic and Financial Crimes Commission to investigate and prosecute Speaker of the Lagos State House of Assembly, Mudashiru Obasa, over allegations of corruption and financial mismanagement.
In the petition, which was also sent to President Muhammadu Buhari, Chairman of HEDA, Olarewaju Suraju, said Obasa used fictitious companies as fronts to corner public contracts and siphon public funds.
The petition reads, “In the light of the report and allegations by the anonymous caller, we have distilled the following actions/allegations initiated under the Speaker of Lagos State House of Assembly worthy of prompt probing as follows; purchase of a bullet-proof car at a market value of less than N100m (one hundred million naira), and the inflation of its price to N300m (three hundred million naira).
“Unilateral purchase of 40 cars for members of the Assembly with neither prior discussion with members nor official approval by the House. Purchase of 11 (eleven) other vehicles without bidding, advertisement and, rules and regulations guiding procurement or legislative approval.
“Use of fictitious companies as fronts for concerning public contracts and fleecing of public funds. De-kingrun (Obasa) Multipurpose Nigeria Limited with CAC No:RC 748741. is one of the companies where his three children (Obasa Abduganiyu, Obasa Hamzat Obasa Rahaman) are directors. These children were registered as shareholders while under age. The Chairman of the company is his father, Obasa Suleiman, and one of his wives, Obasa Busayo Janet, is the fifth director.
“This company is said to be used by the Speaker as a conduit to get contracts from the state government which is contrary to the Code of Conduct for public officers. Beyond the company directly used by the Speaker for securing and implementing contracts from the parliament and ministry, De-kingrun Multipurpose Nigeria Ltd, he is a beneficial owner of several other companies used for similar purpose and they are linked to his BVN numbers.
“These companies are: Adesav international ventures, Quick solution international ventures, Whitehoney enterprises, Cream on ice services, A. B DELCO Nigeria Company, Fabric Splash ventures, Skye macosh company, Swifthill international ventures, Sliver section global, Davedab global ventures, Jose Macosh company.
“Probe the following person and their respective account for being the alleged conduct of money diversion and active connivance in breaching public trust by diverting contracts and project into companies of his interest.
“Ajibosin Basirat, Personal Assistant to the Speaker, Polaris bank, 1040733867
Azeez Adebowale Sanni, Clerk of the Lagos State House of Assembly, Zenith bank, 1003804310.”
The group said it was shameful and embarrassing that the EFCC refused to prosecute Obasa despite a letter it wrote to the House demanding for him to be investigated for fraud in 2018.
The petition added, “However, this investigation is alleged to have been swept under the carpet, emboldened the embattled speaker to continue with his corrupt acts and extortions.
“The Speaker is alleged to have over 62 banks accounts either linked to his BVN or operated through other surrogates. This is information readily available to the commission. Account numbers of surrogate individuals and companies are also attached to assist with your investigations.
“Rule 1 of the code states that a public officer shall not put himself in a position where his interest conflicts with his duties and responsibilities.
“Also, section 6 states that a public officer shall not ask for or accept property or benefits of any kind for himself or any other person on account of anything done or omitted to be done by him in the discharge of his duties. And Section 6 (2) further expatiates Section 6(1) that enterprises or persons who have contracts with the government shall be presumed to have been received in contravention of the sub-paragraph unless the contrary is proved. Section 9 of the code also covers that a public officer shall not do or direct to be done, in abuse of his office, any arbitrary act prejudicial to the rights of any other person knowing that such an act is unlawful or contrary to any government policy. The above highlights allegations of various contravention of the code of conduct.”
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Araraume Felicitates President Tinubu on his birthday. Hails his Reform Agenda and National Milestones
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Senator Ifeanyi Araraume has congratulated President Bola Ahmed Tinubu on the occasion of his birthday, praising the President’s leadership style and the series of reforms that have shaped the direction of the country since he assumed office.
In a statement issued on Saturday, Araraume described President Tinubu as “a courageous reformer whose decisions continue to redefine Nigeria’s economic and governance landscape.” He noted that the President’s first year in office has been marked by bold policy choices aimed at stabilizing the economy and laying the groundwork for long term national development.
Araraume highlighted the removal of the petrol subsidy as one of the most significant economic decisions in recent decades, saying it demonstrated the President’s willingness to confront long‑standing structural challenges. According to him, the policy, though demanding, has redirected national resources toward infrastructure, social investment, and other critical sectors.
He also commended the administration’s unification of the foreign exchange market, describing it as a major step toward restoring investor confidence and strengthening Nigeria’s global competitiveness. The senator noted that the reforms have attracted renewed interest from international partners and signaled a commitment to transparent economic management.
Beyond economic restructuring, Araraume pointed to ongoing infrastructure expansion as evidence of the administration’s focus on national development. He cited the acceleration of key road projects, renewed efforts to expand rail connectivity, and the push to improve power generation and distribution as initiatives that reflect the President’s long term vision for a more productive Nigeria.
The senator further acknowledged the government’s interventions in agriculture, including support for mechanization and targeted programs aimed at boosting food security. He said these efforts are essential to reducing dependence on imports and strengthening local production.
On the diplomatic front, Araraume praised President Tinubu’s engagements across Africa and beyond, noting his role in strengthening regional cooperation within ECOWAS and advancing Nigeria’s interests on the global stage.
“As we celebrate this milestone, it is important to recognize the resilience and determination with which President Tinubu has approached the task of nation building,” Araraume said. “His commitment to reforms, economic stability, and democratic governance continues to inspire confidence in Nigeria’s future.”
He wished the President good health, renewed strength, and continued wisdom as he leads the country through what he described as “a defining period in Nigeria’s history.”
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Araraume Salutes Tinubu’s Vision, Lists Key Achievements on Birthday
Senator Ifeanyi Araraume has congratulated President Bola Ahmed Tinubu on the occasion of his birthday, praising his leadership style and the series of reforms that have shaped the country’s direction since he assumed office.
In a statement issued on Saturday, Araraume described the President as “a courageous reformer whose decisions continue to redefine Nigeria’s economic and governance landscape.” He noted that Tinubu’s first year in office has been marked by bold policy choices aimed at stabilizing the economy and laying the groundwork for long-term national development.
Araraume highlighted the removal of the petrol subsidy as one of the most significant economic decisions in recent decades, saying it demonstrated the President’s willingness to confront long-standing structural challenges. According to him, the policy, though demanding, has redirected national resources toward infrastructure, social investment, and other critical sectors.
He also commended the administration’s unification of the foreign exchange market, describing it as a major step toward restoring investor confidence and strengthening Nigeria’s global competitiveness. The senator noted that the reforms have attracted renewed interest from international partners and signaled a commitment to transparent economic management.
Beyond economic restructuring, Araraume pointed to ongoing infrastructure expansion as evidence of the administration’s focus on national development. He cited the acceleration of key road projects, renewed efforts to expand rail connectivity, and the push to improve power generation and distribution as initiatives that reflect the President’s long-term vision for a more productive Nigeria.
The senator further acknowledged the government’s interventions in agriculture, including support for mechanization and targeted programmes aimed at boosting food security. He said these efforts are essential to reducing dependence on imports and strengthening local production.
On the diplomatic front, Araraume praised Tinubu’s engagements across Africa and beyond, noting his role in strengthening regional cooperation within ECOWAS and advancing Nigeria’s interests on the global stage.
“As we celebrate this milestone, it is important to recognise the resilience and determination with which President Tinubu has approached the task of nation-building,” Araraume said. “His commitment to reforms, economic stability, and democratic governance continues to inspire confidence in Nigeria’s future.”
He wished the President good health, renewed strength, and continued wisdom as he leads the country through what he described as “a defining period in Nigeria’s history.”
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APC Convention: Party Eyes Consensus for National Leadership Selection
The All Progressives Congress has confirmed that it plans to adopt a consensus approach for selecting its national leadership during the party’s convention scheduled for March 27–28, 2026, in Abuja.
The Assistant Secretary for Media and Publicity for the APC National Convention 2026, Mary Ikoku, disclosed the plan during an interview on Channels Television’s Sunrise Daily on Wednesday.
On the issue of elective positions during primaries, Ikoku said the party had not yet decided how these would be handled, noting that decisions may vary depending on local political dynamics.
She explained, “APC, for this convention, I am aware and can say that the party is adopting consensus for this convention. As to whether they are adopting consensus for elective positions, I do not have an answer to that because politics is local.
“So, I believe that, at the end of the day, when it comes to the issue of elective positions, the persons who would emerge aren’t often what you would want to make consensus in every space.”
Ikoku also addressed the Electoral Act’s provisions, which require political parties to register members online within a specified timeframe and outline acceptable methods for candidate selection.
She said these requirements posed challenges for some parties but reflected preparedness—or the lack thereof.
“We have an electoral law that defines the models for these elections. Direct primaries and consensus have been allowed, while indirect primaries have been taken out.
“That is the current law of the nation, passed and assented to. Now, why do you think other political parties will have issues with that?” she asked.
“That would be to say there are levels of unpreparedness of these political parties. Any political party that is worth its salt should not wait till election season to start preparing for the run for office and all of these congresses.
“It is something they would have planned ahead of time. So, when you are not proactive as a party, these kinds of situations can challenge you deeply,” she added.
Ahead of the convention, the party began screening aspirants for key positions in its National Working Committee , including National Chairman aspirant Nentawe Yilwatda and National Secretary hopeful Ajibola Basiru.
Other NWC members seeking to retain their posts include National Youth Leader Dayo Israel, Deputy National Chairman (North) Ali Bukar Dalori, National Legal Adviser Abdulkarim Abubakar Kana, National Woman Leader Mary Alile Idele, and National Publicity Secretary Felix Morka, among others.
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