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Update : Meranda Saves Lagos Assembly ₦2b by Procuring 32Toyota prado and 7 Land Cruisers for ₦5b, Reducing Obasa’s Initial ₦7b Budget, Says sources

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Controversy has trailed the purchase of N5BN vehicles for 40 lawmakers at the Lagos State House of Assembly, deepening the feud between Speaker Mudashiru Obasa and erstwhile Speaker Mojisola Meranda.

Our reporters learnt that Meranda purportedly led the purchase of about 39 vehicles for the lawmakers during the period Obasa was removed as Speaker.

However, it was further gathered that Obasa had in December 2024 approved N7bn for the same purpose with plans in motion before he was ousted on January 13, 2025, by about 35 of the 40 lawmakers at the House over allegations of highhandedness, and financial misappropriation among others.

Meranda, who was then made the Speaker by the lawmakers, presided over a boiling House for 49 days until March 3 when she tendered her resignation following the intervention of the leaders of the All Progressives Congress.

Obasa was reelected as Speaker and Meranda returned to her initial position of Deputy Speaker.

However, the crisis does not seem to go away as Meranda and the Assembly still face legal battles from Obasa in the state High Court as the Speaker challenges the basis for his removal.

His contention in court is still ongoing despite the political intervention of party stakeholders who resolved the leadership crisis.

Amid the legal battle is also the contention between the duo over the purchase of the vehicles with money withdrawn from the Assembly’s account while Obasa was away.

Sources privy to the development said Obasa is contending the purchase of the vehicles without his authorisation, as the Speaker had his plan of purchasing the vehicles from Dubai from his bidder of interest.

“He had approved the money before his removal. But Meranda proceeded with buying them, a move that infuriated Obasa,” an aide to Obasa, who asked not to be named for not being authorised to comment yet, said on Tuesday.

“In December, Obasa approved the purchase of those vehicles. But for him, the vehicles were to be bought from Dubai but when Meranda took over, she made it an open bidding. They weren’t bought in Dubai anymore. That is just the difference. So it’s not as if they stole money as it’s been propagated,” another source in the Assembly told our correspondent on condition of anonymity on Tuesday.

“The purchase or execution was only done (under Meranda). Obasa already approved it. There is a difference between between approval and execution,” the source added.

When contacted on Tuesday, Meranda’s spokesperson, Victor Ganzallo, said an official statement would be issued.

“We will put out an official statement,” he said.

However, a source close to Meranda who noted that he had not got official authorisation to speak, stated that the first female Speaker only saved N2bn by purchasing 32 units of 2025 Toyota Prado SUV and seven units of Toyota Landcruiser 2025 at the sum of N5b, rather than the N7bn budgeted by Obasa.

“Let it be known that Rt. Hon. Mojisola Meranda never made any withdrawal from the account of LAHA; rather, she only made a downward review of an existing procurement approval by Rt. Hon. Mudashiru Obasa. In doing that, she saved the assembly the sum of N2 billion,” he stated.

He said Obasa had done an approval for the purchase of 35 units of Toyota Fortuner SUV and 10 units of Toyota Prado from Dubai at N7bn.

“As a matter of fact, he made the approval on December 23, 2024. Upon his removal, Rt.Hon. Mojisola Meranda reviewed the approval and called for a bidding locally and approved the sum of N5b for 32 units of 2025 Toyota Prado SUV and seven units of Toyota Landcruiser 2025 at the sum of N5b, saving N2b for the House.

“Unlike Obasa who had planned to import the vehicles from Dubai, all the cars were locally supplied. It is imperative to note that no money was withdrawn by Rt.Hon. Meranda, she only reviewed an existing approval.

“Interestingly, Hon. Meranda spent far less money to acquire better quality cars and didn’t even approve a single one for the office of the Speaker that she occupied,” he added.

Meanwhile, Obasa’s lawyer, Chief Fashanu Afolabi (SAN), has spoken on why Obasa is still in a legal battle against Meranda and the Assembly despite his client’s reelection as Speaker.

He said the allegations Obasa by the lawmakers were heavy and needed to be trashed.

“Because there are some issues that are still pending within the context of notice of allegation. The case of allegation contains reasons for the impeachment which include highhandedness, fraudulent malpractices and the rest and we feel that those issues must be trashed out,” he told The PUNCH in a telephone interview on Tuesday.

Justice Yetunde Pinheiro of the Lagos State High Court in Ikeja had on Monday adjourned the hearing of a suit filed by Obasa to March 17, 2025.

The court had previously scheduled the hearing for March 10, 2025, but at Monday’s proceedings, counsel for the House of Assembly, Femi Falana (SAN), informed the court that Obasa’s legal team, led by Afolabi Fashanu (SAN), had served further affidavits on the same day

How Meranda save lSHA 2 billion from 7 billions wish Obasa approved for purchases vehicle for members

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REA Targets 3.7GW Solar Manufacturing to Bridge Nigeria’s Power Deficit

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The Rural Electrification Agency (REA) has unveiled plans to establish 3.7 gigawatts (GW) of local solar photovoltaic (PV) panel manufacturing capacity by the end of 2027 as Nigeria intensifies efforts to expand electricity access and reduce dependence on imported renewable energy equipment.

Managing Director of the agency, Engr. Abba Aliyu, disclosed the initiative in Abuja during a benchmarking visit by officials of the Zanzibar Utilities Regulatory Authority (ZURA).

He said the agency is encouraging Chinese solar manufacturers to establish production facilities in Nigeria, noting that locally assembled solar panels are already being exported from Lagos to neighbouring Ghana.

According to him, the planned manufacturing expansion will significantly reduce imports while strengthening Nigeria’s renewable energy value chain. Aliyu attributed the rapid global growth of renewable energy to falling prices of solar panels and lithium batteries, saying technological innovation has made off-grid electricity the most cost-effective solution for millions of underserved communities.

He said Nigeria’s electricity access rate currently stands at 61.2 per cent, leaving about 80 million people without reliable power supply.

To address the challenge, REA has adopted a least-cost electrification strategy that determines the most suitable technology for each community rather than relying solely on national grid expansion.

The agency has mapped more than 700,000 communities nationwide, with plans to serve about 45 per cent through solar home systems, 31 per cent through mini-grids and the remaining 24 per cent through grid extension.

Aliyu added that REA has developed one of Africa’s most extensive geospatial electricity databases, covering more than 51,000 health facilities, 11,000 markets, thousands of schools, factories, dams, electricity feeders and existing mini-grids to support investment planning.

He noted that the agency’s interventions also target underserved communities receiving less than six hours of electricity daily. The REA boss warned that electricity demand would continue to rise sharply as Nigeria’s population grows, more sectors become electrified and emerging technologies such as artificial intelligence and data centres consume increasing amounts of power.

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Budget Office Explains PFIPC Allocation, Says Agency Emerged During Buhari Administration

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•Explains how PFIPC was allocated money in the budget.

The Budget Office of the Federation (BOF) yesterday explained that the Presidential Foreign Intervention Promotion Council (PFIPC), which the presidency declared as fake and is currently being investigated by the Independent Corrupt Practices Commission, ICPC, had its origin in the last administration of late President Muhammadu Buhari.

The Director-General of the Budget Office, Mr. Tanimu Yakubu who provided the explanation in a statement, after appearing before members of the House of Representatives, in Abuja said the PFIPC’s institutional origin was premised on the Presidential Economic Advisory Council inaugurated by President Muhammadu Buhari on October 9, 2019. He also explained how the fake agency was allocated money in the 2026 budget.

His words, “PEAC/PFIPC did not enter the 2026 Budget merely because it asked for funds. The Council had its origin in the Presidential Economic Advisory Council inaugurated during the administration of the late President Muhammadu Buhari on October 9, 2019. By the time preparation of the 2026 Budget began, official instruments had already been issued by the institutions charged with those functions.

“The Office of the Accountant-General of the Federation had assigned an administrative code to the PFIPC. The Office of the Head of the Civil Service of the Federation had approved an authorised establishment and a recruitment waiver. The applicable public-service salary structure also existed. These instruments did not come from the Budget Office. They came to it.

“The Budget Office did not create the Council. It did not assign its code. It did not approve its establishment. It did not grant its recruitment waiver. It received official instruments and did what the law required of it: it measured their fiscal effect.”

Mr. Tanimu further explained that the Council submitted a personnel estimate of N3.850 billion for the 2026 Fiscal Year and that his Office had to reduce that figure to N802.978 million, using the authorised establishment, the approved recruitment waiver, the applicable public-service salary structure and the extant costing methodology

According to the D-G, “Council later submitted a personnel estimate of N3,850,935,000.00. That estimate did not form the basis of the Budget Office’s recommendation. The Budget Office disregarded it and made an independent calculation using only the authorised establishment, the approved recruitment waiver, the applicable public-service salary structure and the extant costing methodology.

“That calculation produced N802,978,783.00. This was not a concession to the Council. It was the Budget Office’s own fiscal judgment. It was the amount placed in the Executive Budget proposal and later appropriated.

Mr Yakubu said that the Council could not receive the approved funds for personnel because its promoter, Prince Adeyemi Adeniyi could not secure Financial Clearance, an instrument that confirms that necessary fiscal and regulatory had been met.

He said, “Financial Clearance is the point at which a personnel provision may begin to acquire legal force as expenditure. It is not a routine letter. It is the confirmation that the fiscal and regulatory conditions for recruitment have been met. Until it is issued, the figure remains in the budget. It does not create staff. It does not open payroll. It does not produce salary. The Budget Office did not issue Financial Clearance for PEAC/PFIPC because the conditions were incomplete.

“The 2026 Appropriation Bill did not become law until Presidential Assent on 31 March 2026. Before that date, the Budget Office could cost the proposal. It could not grant final Financial Clearance against a bill that had not yet become law.

“After assent, a further condition remained outstanding. The National Salaries, Incomes and Wages Commission had not confirmed that the proposed staffing and remuneration arrangements complied with its prescribed template and the approved public-service compensation framework.

“The Budget Office could calculate the cost. It could not open the gate. There was therefore no Financial Clearance. There was no lawful recruitment. There was no payroll enrollment. There was no salary payment.”

The D-G added, “The personnel provision was N802,978,783.00. It represented 61.63 per cent of the total appropriation of N1,302,978,783.00. It has sometimes been described as though the Council could have received the whole amount and spent it at will. That description is false.

“Personnel appropriations are not paid to agencies as lump sums. After every legal condition has been met, salaries are paid month by month. The money moves electronically into the designated bank accounts of verified employees enrolled on the Federal Government payroll.

“The institution does not receive the annual personnel provision as cash under its control. Even in a lawful process, the Council would not have received N802,978,783.00 in one payment. The money would have gone over twelve months to individual employees. That process never began. No Financial Clearance was issued. No recruitment took place. No payroll record was created. No salary became due. Not one kobo of the personnel provision could lawfully have been drawn. Not one kobo was drawn. There is no personnel expenditure to recover because there was no personnel expenditure.”

The PFIPC controversy became public on June 11, 2026, when the Chief of Staff to the president, Mr Femi Gbajabiamila, declared the Council as fake and petitioned the law enforcement agencies.

However, at a press conference on June 26, the Director General of the PFIPC, Prince Adeniyi Adeyemi faulted the presidency’s disclaimer. He alleged that Gbajabiamila received N400 million through a proxy and demanded an additional N200 million to secure his appointment — an allegation which the Chief of Staff denied and has sued him to court claiming N15b as damages for defamation. Adeyemi is currently in custody after he was arrested by the police in connection with the PFIPC scandal and alleged forgery.

Before his arrest, Adeyemi claimed he personally approached officials of the budget office to seek the inclusion of the Council in the federal government’s budget.

Recently, Central Bank of Nigeria (CBN) confirmed that it opened two domiciliary accounts linked to the PFIPC on the directive of the Office of the Accountant-General of the Federation (OAGF).

The apex bank, however, said the accounts, one denominated in United States dollars and the other in British pounds sterling, were never funded or operated.

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BREAKING: Trump Applauds Tinubu’s Fight Against Terrorism, Pledges Continued US Backing

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United States President Donald Trump has commended President Bola Tinubu for what he described as his decisive leadership in tackling terrorism and insecurity in Nigeria, particularly attacks targeting Christian communities.

Trump conveyed the praise in a letter dated July 6, 2026, the contents of which were made public on Wednesday in a statement issued by the President’s Special Adviser on Information and Strategy, Bayo Onanuga.

In the letter, titled “President Trump lauds President Tinubu’s decisive leadership against terrorists,” the US President applauded Tinubu’s efforts to confront security challenges and reaffirmed Washington’s commitment to supporting Nigeria’s counter-terrorism operations.

“Thank you for your thoughtful letter. Your kind words mean a great deal to me, and I appreciate your decisive leadership on behalf of the Nigerian people.

“I applaud your resolve to tackle the issues plaguing your nation, especially the violence affecting Christian communities, and it is a true honour to stand with you in the fight against terrorists and to make the Federal Republic of Nigeria stronger and more prosperous,” Trump wrote.

Trump described the relationship between the United States and Nigeria as increasingly important amid growing security challenges across West Africa.

“The United States-Nigeria relationship is crucial at a time when conflict has spread across West Africa and around the world. We both share a mutual goal of confronting terrorism in all its forms, and our historic US-Nigeria 2026 Defence Cooperation Roadmap has established a robust framework to accomplish this feat,” he stated.

The US President also highlighted ongoing defence cooperation between both countries, noting that American Special Operations Forces had been deployed to assist Nigeria’s military.

“I am proud to have deployed the United States Special Operations Forces—among the most elite military units anywhere in the world—to equip the brave men and women in the Armed Forces of Nigeria with the skills, tools and intelligence they need to protect your homeland and ensure the safety and security of citizens, particularly those of faith who have been under attack.

“I look forward to our continued discussions over the course of my Presidency,” Trump added.

According to the Presidency, Nigeria and the United States have expanded security cooperation in recent months following the establishment of a Joint Working Group co-chaired by the National Security Advisers of both countries.

The collaboration has centred on intelligence sharing, military training and coordinated operations against terrorist groups.

The statement noted that one of the key outcomes of the partnership was the joint operation carried out on May 16 against ISIS hideouts in the Lake Chad region, which reportedly led to the killing of the group’s senior leader, Abubakar Al-Minoki, along with several of his lieutenants.

The Presidency also disclosed that the US Assistant Secretary of State for Africa, Frank Garcia, visited Abuja last week, where he held talks with senior Nigerian officials and pledged to deepen bilateral cooperation in security and other strategic sectors.

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