News
Lagos Assembly speaker: Meranda may step down as Akande panel shortlists seven
The speakership crisis rocking the Lagos State House of Assembly might be resolved soon as the intervention of heavyweights in the All Progressives Congress may be leading to a headway.
The impeached Speaker, Mudashiru Obasa and the current Speaker, Mojisola Meranda, might be stepping aside for another lawmaker to lead the House.
The development follows the intervention of the APC bigwigs, notably former governors of Osun, Ogun and Lagos states, namely Chief Bisi Akande, Segun Osoba, and Akinwunmi Ambode, respectively, among others.
The high-powered APC delegation was directed by President Bola Tinubu to resolve the political tension at the Lagos Assembly, following the inability of the Governance Advisory Council to find a solution.
The crisis began at the House on January 13, 2025, when about 36 lawmakers removed Obasa as speaker and replaced him with Meranda, the then-deputy speaker.
Over 90 per cent of the lawmakers accused the impeached speaker of poor leadership style, perpetual lateness to legislative sections and plenary, high-handedness and disregard for colleague lawmakers and the executive, especially the governor, abuse of office and privileges, intimidation and oppression of members, misappropriation, among others.
Obasa, who was away in Atlanta, United States, when he was removed, had since faulted his removal and insisted he was still the speaker, even as his colleagues in the House remained adamant.
“My status in the house? I strongly believe I am still the speaker until the right thing has been done.
If you want to remove me, remove me the proper way and I will not contest it,” Obasa said while addressing newsmen on Saturday, January 25, 2025.
On Sunday, Osoba, Ambode, Governor Babajide Sanwo-Olu and all the GAC members met at the Governor’s Lodge in Marina over the crisis, to find a lasting solution.
It was gathered that the meeting lasted till around 7 pm. It was also learnt that the panel earlier met with the lawmakers.
A GAC member, Chief Muraina Taiwo, noted that one of the seven lawmakers from Lagos West was being considered by the party leaders as the new Speaker.
“The issue will die down soon. Between now and the middle of next week, everything will become clearer. The APC leaders, including Chief Bisi Akande and Chief Olusegun Osoba, came to mediate.
“They will go back to Abuja to brief our leader (Tinubu) how they feel about everything.
They are suggesting to Speaker Obasa that he should step down and the other woman (Meranda) to also step down and they will bring in another new person.
They are thinking of submitting a few names but all will land at the table of the leader.
“You know the House is working based on seniority, that is, if you’ve spent two years at the House, you’re qualified to hold a higher position than someone in first tenure.
So they will go back to Abuja with seven names of the seniors in the House and from Lagos West,” he said.
The GAC member added, “The seven of them are ranking members in Lagos West. They are the ones whose names will be submitted to President Tinubu.”
It was also gathered that party leaders considered it politically and ethically appropriate not to select a speaker from Lagos Central, as it is the same senatorial zone as Governor Sanwo-Olu.
News
16-Year-Old Osasere Okundaye Becomes Nigeria’s Youngest Chartered Accountant
In a remarkable feat that has captured national attention, 16-year-old student Osasere Okundaye has emerged as Nigeria’s youngest chartered accountant, shattering the previous record set in 2022.
Okundaye successfully completed the professional examinations of the Institute of Chartered Accountants of Nigeria (ICAN), earning widespread acclaim as a shining example of youthful excellence and determination. Her achievement comes at an age when many peers are still navigating secondary education or early university studies.
Minister of Youth Development Ayodele Olawande congratulated the young prodigy, describing her accomplishment as an inspiring milestone. “I heartily congratulate Miss Osasere Okundaye on her outstanding achievement of becoming Nigeria’s youngest Chartered Accountant at just 16 years of age,” the minister said, highlighting her hard work and resilience as a symbol of the potential within Nigerian youth.
Okundaye’s success surpasses the record previously held by Jonathan Adewale (also known as Ojo Jonathan Adewale), who qualified as a chartered accountant at age 17 in 2022. Her qualification has sparked pride across the country and renewed focus on empowering young Nigerians in professional fields.
While full ICAN membership typically requires additional practical experience (usually three years), Okundaye’s completion of the rigorous exams marks a historic breakthrough. Details about her educational background and the journey to this achievement are still emerging, but her story is already motivating aspiring accountants and students nationwide.
This milestone underscores the growing narrative of exceptional young talent driving Nigeria forward in various sectors. Congratulations poured in from across social media and media outlets, celebrating Okundaye as a beacon of hope for the nation’s future.
News
JUST IN: Vigilante Groups Rescue Kidnapped NECO Students in Borno State
Local vigilante groups have successfully rescued several students of the National Examinations Council (NECO) who were abducted in Borno State, security sources confirmed on Monday.
The students were reportedly kidnapped while traveling or residing in the area for examination purposes. Details of the exact number rescued and the circumstances of the abduction remain limited, but eyewitness accounts indicate that vigilante fighters acting on intelligence engaged the kidnappers, leading to the release of the captives without major casualties reported among the students.
A community leader in the affected area praised the swift response of the vigilantes, stating that their deep knowledge of the local terrain played a crucial role in tracking the abductors. “These boys and girls were on their way to pursue their education. We thank God and our local defenders for bringing them back safely,” he said.
Borno State has faced persistent security challenges, including banditry and insurgent activities that have occasionally targeted schools and students. The rescue operation highlights the growing reliance on community-based security networks in complementing efforts by the Nigerian military and police in the region.
Authorities are yet to issue an official statement on the incident, but sources say efforts are ongoing to reunite the rescued students with their families and provide necessary medical and psychological support. Investigations into the kidnapping are also underway to apprehend those responsible.
This latest incident comes amid broader concerns over the safety of students in northern Nigeria during examination periods.
News
EFCC Charges Former Port Harcourt, Warri Refinery MDs with Money Laundering
Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), has filed separate money laundering charges against the immediate past Managing Directors of the Port Harcourt Refining Company (PHRC) and the Warri Refining and Petrochemical Company (WRPC).
The accused are Ahmed Adamu Dikko, former MD of the Port Harcourt Refinery, and Jimoh Olasunkanmi Yisawu, former MD of the Warri Refinery. The charges stem from the alleged diversion and laundering of funds earmarked for the rehabilitation of Nigeria’s state-owned refineries.
According to court documents and investigations by PREMIUM TIMES, the EFCC accused the former officials of abusing their positions by receiving and laundering large sums of money through third parties in connection with controversial turnaround maintenance contracts.
The probe forms part of a broader investigation into alleged fraud involving billions of dollars linked to the rehabilitation of the Port Harcourt, Warri, and Kaduna refineries. EFCC sources have indicated that the total amount under scrutiny runs into billions, with earlier recoveries reported at ₦38.66 billion alongside other properties.
The charges include multiple counts of money laundering, with Dikko and Yisawu allegedly involved in diverting public funds meant for critical refinery upgrades. This comes amid ongoing scrutiny of officials from the Nigerian National Petroleum Company Limited (NNPCL) and contractors involved in the projects.
The development is the latest in a series of actions by the EFCC targeting alleged corruption in Nigeria’s oil sector, where massive investments in refinery rehabilitation have yielded limited operational improvements despite significant expenditures.
As of the time of filing, court proceedings for the arraignment of the former MDs were underway. The EFCC has not yet issued an official statement on the matter.
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