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Speaker, Lagos State House of Assembly, Hon. Obasa set to pass new property, business ownership laws

Speaker of the Lagos State House of Assembly, Hon. Mudashiru Obasa said the state parliament will pass new property, and business ownership laws in the state.
Obasa made this known in his acceptance speech as a third-term speaker of the Lagos parliament and the inauguration of the 10th Lagos assembly on Tuesday.
Recall that many residents of Lagos were allegedly divided along ethno-political and religious lines during the last 2023 general elections.
In the presidential and governorship elections, particularly, many Igbos supported the presidential candidate of the Labour Party, Peter Obi and Gbadebo Rhodes-Vivour of the LP for the state governorship election respectively.
But, this development met with reactions after the presidential candidate of the ruling All Progressives Congress, APC, Asiwaju Bola Tinubu lost to Obi Lagos on February 25.
Speaking during the Lagos parliament inauguration, Obasa said, “There would be laws…in the areas of economy and commerce, property and titles, and we will reverse all that is reversible to protect the interest of the indigenes.”
“Lagos is a Yoruba land as against the assertions of some people that it is a no man’s land.
“Therefore, part of our legislative agenda is to ensure the translation of laws passed by this House to the Yoruba language,” he added.
According to the speaker, the new land and property laws only favour indigenes.
He said, “We also aim at achieving our collective goals of creating a robust legislative framework that protects the interest of our people. Going forward in this wise, we are going to employ all legislative instruments for the support of the indigenes of Lagos.
“There would be laws and resolutions in the areas of economy and commerce, property and titles, and we will reverse all that is reversible to protect the interest of the indigenes.”
News
JUST IN: Confusion as Lagos council chairman, Kolade Alabi, slumps at APC meeting (Photos)

The Chairman of Bariga Local Government Area of Lagos State, Kolade Alabi, on Wednesday, suddenly slumped at the All Progressives Congress stakeholders’ meeting held at the party’s Secretariat in Ikeja, the state capital.
Alabi, who is the state chairman of the Association of Local Governments of Nigeria, was addressing party members when the sad incident happened.
Fortunately, he was subsequently revived and rushed away to the hospital in an ambulance for further treatment.
See photos below.



Details later….
News
Herbert Wigwe: Pilot Error Results in Crash
In its final report released on Wednesday, the NTSB said the accident occurred after the pilot continued flying under visual flight rules (VFR) into weather conditions that required instrument flight protocols.

The United States National Transportation Safety Board (NTSB) has concluded that the helicopter crash which claimed the lives of former Access Holdings CEO, Herbert Wigwe, his wife, son, and three others in February 2024 was caused by pilot error stemming from spatial disorientation.
In its final report released on Wednesday, the NTSB said the accident occurred after the pilot continued flying under visual flight rules (VFR) into weather conditions that required instrument flight protocols.
“The pilot’s decision to continue the visual flight rules flight into instrument meteorological conditions, which resulted in the pilot’s spatial disorientation and loss of control,” was cited as the probable cause of the crash.
News
Gabonese President Confers Prestigious Honours on Tony Elumelu
I am truly humbled by this honour. It is a reflection not just of my personal journey, but of a shared belief – that African-led solutions, African entrepreneurs, and African institutions will shape the future of this continent

•Gabonese President Oligui Nguema, in a handshake with Tony Elumelu.
The President of the Republic of Gabon, His Excellency, General Brice Clotaire Oligui Nguema, has conferred the nation’s prestigious national honours – the Commander in the National Order of Gabonese Merit – on the Group Chairman, United Bank for Africa (UBA) Plc and Founder of the Tony Elumelu Foundation, Mr. Tony Elumelu.
The distinguished award recognises Elumelu’s enduring contribution to Africa’s economic development, particularly his impact on youth entrepreneurship and infrastructure growth in Gabon and across the continent.
The recognition was conferred on him at the presidential palace in Libreville on Monday.
Oligui Nguema, who was recently sworn in as the newly elected President of the oil-rich country, praised Elumelu’s commitment to inclusive and sustainable development in Africa
‘Tony Elumelu is not only a visionary entrepreneur but also a committed friend of our nation Gabon.
Through his Foundation and the UBA Group, he has consistently shown that investing in Africa is not just good business – it is the key to our shared future.
Today, we honour a man whose actions continue to empower young Africans and inspire nations.”
While acknowledging the recognition, Elumelu, who has made several high-level visits to Gabon in recent months, expressed deep gratitude for the recognition and reaffirmed his commitment to supporting the country’s development agenda.
“I am truly humbled by this honour. It is a reflection not just of my personal journey, but of a shared belief – that African-led solutions, African entrepreneurs, and African institutions will shape the future of this continent.
“Gabon holds enormous potential, and I am proud that the Tony Elumelu Foundation and UBA Group can play a role in unlocking it,” Elumelu said.
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