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

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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.”

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JAMB releases Thursday’s UTME results

In a statement issued by the Board on Friday, and signed by its spokesperson Fabian Benjamin, candidates were advised to check their results by sending “UTMERESULT” via SMS to 55019 or 66019, using the same phone number (SIM) used during registration.

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The Joint Admissions and Matriculation Board has released the results of candidates who sat for the 2026 Unified Tertiary Matriculation Examination on Thursday, April 16, 2026, with a total of 632,788 results now available for viewing.

In a statement issued by the Board on Friday, and signed by its spokesperson Fabian Benjamin, candidates were advised to check their results by sending “UTMERESULT” via SMS to 55019 or 66019, using the same phone number (SIM) used during registration.

JAMB clarified that at this stage, candidates can only view their results, as printing options are not yet available.

It also issued a strong warning against attempts to manipulate or alter result messages received from official channels, stressing that such actions constitute a criminal offence.

The Board added that it is already taking action against offenders, revealing that some suspects are currently in custody.

“Currently, two candidates and one parent are in custody for engaging in result falsification using AI and other electronic means. Any candidate found culpable will face the full consequences of the law,” it stated.

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Arise TV Deputy Director News Win Editor of The Year Award

The award’s: “In recognition of your exceptional editorial prowess, insightful journalism, and outstanding contributions to media excellence in Nigeria.”

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Deputy Director of News, Arise TV, Ohi OIdiai, has won Editor Of The Year 2026 Awards category, courtsey of The Industry Newspaper.

In a statement, the organiser said that the award was: “In recognition of your exceptional editorial prowess, insightful journalism, and outstanding contributions to media excellence in Nigeria.”

Details later…

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JUST IN: Tinubu Signs ₦68.32 Trillion 2026 Budget

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……Extends 2025 Implementation to June 30

President Bola Ahmed Tinubu has given assent to the 2026 Appropriation Bill, approving a record aggregate expenditure of ₦68.32 trillion for the fiscal year.

The President also signed legislation extending the implementation period of the 2025 budget specifically its capital component from March 31, 2026, to June 30, 2026.

According to details of the new budget, ₦4.799 trillion is allocated for statutory transfers, while debt service is pegged at ₦15.8 trillion. Recurrent expenditure stands at ₦15.4 trillion, with the Development Fund for Capital Expenditure receiving ₦32.2 trillion.

Capital spending thus accounts for approximately 50 percent of the total budget, reflecting the administration’s focus on infrastructure development, national security, economic stability, and inclusive growth.

A statement from the State House described the allocations as striking a strategic balance between mandatory obligations, debt servicing, day-to-day government operations, and productive capital investments aimed at boosting productivity and improving the quality of life for Nigerians.

President Tinubu also assented to the Appropriation (Repeal and Enactment) (Amendment) Bill, 2026, which formally extends the 2025 capital projects window. Officials said the extension will allow Ministries, Departments, and Agencies (MDAs) to complete advanced-stage infrastructure and development projects, improve execution rates, and deliver better value for public funds.

The 2026 Appropriation Act takes effect from April 1, 2026, paving the way for full implementation in line with the Renewed Hope Agenda.

The President has directed all MDAs to ensure disciplined, transparent, and efficient use of resources, with strict emphasis on value for money and timely project delivery.

President Tinubu commended the National Assembly for its swift consideration and passage of the budget, describing it as a demonstration of diligence, cooperation, and patriotism.

He reaffirmed the need for continued collaboration between the Executive and Legislative branches to advance national development goals.

The President further assured Nigerians of his administration’s commitment to deepening fiscal reforms, boosting revenue generation, stimulating economic growth, creating jobs, and strengthening social protection programmes.

The announcement was made by Bayo Onanuga, Special Adviser to the President on Information & Strategy, on April 17, 2026.

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