Why Governors Must See Legislature As Partners, Not Appendages – Obasa, Lawmakers
– Lagos Assembly urges NASS to criminalise acts against Parliamentary independence
– wants more recognitions for past Speakers
The Lagos State House of Assembly on Tuesday called on governors in Nigeria to avoid seeing state legislatures as appendages of the executive but instead, treat lawmakers as partners in the progress and development of states.
The House, which described the legislature as the bedrock of democracy, further called on the National Assembly to criminalise any action that violates the independence of the parliament.
The House passed the resolutions in commemoration of the 2024 edition of the International Day of Parliamentarism celebrated on June 30.
The House further urged Governor Babajide Sanwo-Olu to recognise past speakers of the Lagos Assembly for their contributions to the state’s growth and development.
The Speaker, Rt. Hon. Mudashiru Obasa, emphasised the significance of honouring past speakers who have served and contributed to the development of the state.
Dr. Obasa asserted that without the parliament, there is no democracy. He highlighted the institution’s crucial role in governance through lawmaking, motions and resolutions.
He described the International Day of Parliamentarism as a day to “do more to draw the attention of Nigerians to the importance of the legislature.”
While congratulating parliamentarians across the country for their contributions toward the nation’s development, Obasa said: “It is also important to note that a government has three arms, and if one is missing, there is no government.
“Since 1979 when this House was established under Alhaji Lateef Jakande, none of the past speakers have been celebrated.
“We should celebrate those who have represented us well and convey to the National Assembly the need to allow Houses of Assembly to practise what the constitution says about the parliament effectively and to provide the necessary support.
“The governors should also give the political will to the parliament to enable it to perform its duties as stated in the constitution,” Dr. Obasa added.
Other lawmakers who contributed supported that the parliament should be celebrated while applauding the leadership of Speaker Obasa.
Hon. Gbolahan Yishawu, representing Eti-Osa constituency 2, said the role of a parliament cannot be overemphasised.
“Democracy is all about the parliament. It is a bridge between the people and government, but we are sometimes underappreciated as representatives of the people. There is no gap between the parliament and the people. There is no type of government that can exist without parliament,” he said.
Hon. Desmond Elliot (Surulere ) noted that nothing occurs in a state without the input of the parliament while Hon. Sa’ad Olumoh described parliamentarians as stabilisers of the polity who deserve to be celebrated.
Hon. Adedamola Richard Kasunmu urged that the House should consider being a part of the Inter-Parliamentary Union.
Tinubu’s Strategy on Food Security, Water Resources Development Commendable – Afenifere Group
…Lauds Kyari, Utsev on outstanding performance
The Reformed Afenifere Youth Group (RAYG) has commended President Bola Tinubu for his exemplary leadership in addressing food security and water resources in the country.
The group also applauded the outstanding performances of the Minister of Agriculture and Food Security, Abubakar Kyari, and his counterpart in the Ministry of Water Resources and Sanitation, Professor Joseph Terlumun Utsev.
In a statement signed by its President, Aare Yemi Adenifuja, the Afenifere youths said the Ministers’ stewardship and dedication have led to significant progress in the agricultural and water sectors, boosting the socio-economic growth and prosperity of Nigeria.
“Under Kyari’s visionary leadership, the agricultural sector has witnessed significant growth, with initiatives boosting production and ensuring food security,” he said.
“The successful launch of the 2023-2024 dry-season farming program has empowered thousands of farmers, while the distribution of 58,500 metric tonnes of milled rice has enhanced food availability.
“Additionally, the development of 23 improved crop varieties has increased crop yields, and the enhancement of food security and nutrition has improved the overall well-being of Nigerians.
“Furthermore, market access has improved, and employment opportunities have been generated, contributing to the sector’s growth.
“The Agric ministry undertook significant measures to boost agricultural production and control food inflation which he itemised to include; the distribution of improved seeds, fertilisers, agrochemicals, and equipment to farmers.
“The ministry has also partnered with the Central Bank of Nigeria (CBN) to distribute 2.15 million bags of fertiliser free of charge to farmers.
“In rural infrastructure development, the ministry has constructed 77.8km of asphalt roads, including 130.9 km of earthen roads and boreholes, and installed solar street lights which have created nearly 60,000 jobs in rural areas with other initiatives to manage agricultural lands and address climate change including soil analysis, water conservation training, and climate-smart agriculture practices.”
Similarly, Adenifuja said Professor Utsev’s expertise and experience in water resources and environmental engineering have led to groundbreaking initiatives addressing the nation’s complex water challenges.
“His strategic leadership has resulted in significant progress in water infrastructure development, irrigation projects, and water supply expansion, enhancing the nation’s water security,” he added.
“The implementation of innovative technologies and sustainable practices has ensured equal access to clean water and sanitation for all citizens, a critical step towards achieving the United Nations’ Sustainable Development Goals.
“The adoption of cutting-edge technology has also boosted the agricultural sector and water resources with the use of precision farming to enhance crop yields and reduce waste.
“The use of advanced technologies like water management software and data analytics has optimized water distribution, reduced leakages, and improved efficiency in the water sector.
“Moreover, the adoption of renewable energy sources like solar and wind power has reduced the carbon footprint of water treatment and pumping stations.”
The group, therefore, said adopting more innovative approaches will further enhance food security and water resources in Nigeria and urged the Federal Government to continue prioritizing these sectors.
“The FG should explore international collaborations to enhance food security and water resources, promote sustainable agriculture practices, develop innovative water management systems, improve access to clean water and sanitation, and support the growth of the agricultural sector,” the statement added.
“We commend President Tinubu, Minister Kyari, and Minister Utsev for their dedication to the socio-economic growth and prosperity of Nigeria.
“Their stewardship has led to significant progress in the agricultural and water sectors, and we look forward to continued success in these critical areas.
“We also appreciate the efforts of farmers, agricultural extension workers, and water resources managers who have worked tirelessly to implement these initiatives.”
The Lagos State House of Assembly on Tuesday called on the relevant offices of the government to embark on massive enlightenment of the residents on the best ways to curtail the spread of cholera in the state.
This was as the House also called for the activation of some sections of the State health law to combat the health emergency which is said to have spread across some local governments leading to the death of 29 people as at Monday.
Speaker of the House, Rt. Hon. Mudashiru Obasa, who presided over the sitting, further called for investigation into the source of the bacteria disease outbreak to enable the government strategise better in its bid for a solution.
“We must encourage the government to continue to sensitise the people in every language that is spoken in Lagos,” Dr. Obasa said while supporting the calls by his colleagues for the authorities to maintain drainages and canals and ensure proper sewage systems.
Raising a motion on the matter earlier, the chairman of the health committee of the House, Hon. Lawal Aina Musbau, moved that the government should urgently mobilise resources and personnel to combat the disease.
Among other demands, he said there was a need for the education of residents with emphasis on basic cleanliness while calling on sanitation officers to ensure they carry out their jobs effectively.
On their parts, Hon. Sa’ad Olumoh and Gbolahan Yishawu, urged that more attention should be on the provision of drinkable water to the residents of the state as this is one way to check the spread or reoccurrence of the disease.
Rekindling Tradition and Joy at the Ojude Oba Festival in Odoragushin in Eredo Local Government Epe
The vibrant and culturally rich Ojude Oba Festival of Odoragushin was splendidly revived today by Prince Adetomiwa Odutuga, marking a significant moment of joy and unity for the community. Despite the absence of a reigning monarch since the passing of the late Oba Julius Adegoke, the Aladegushebi of Odoragushin, nine years ago, Prince Odutuga has ensured the festival continues, bringing happiness and a sense of continuity to the people.
Traditionally held on the second day of Eid al-Adha, the Ojude Oba Festival is a cherished event, symbolizing unity, cultural heritage, and communal celebration. This year’s festival was a testament to Prince Odutuga’s dedication and leadership, as he orchestrated a grand celebration filled with music, food, and various attractions. The renowned musician Atawewe added to the festive atmosphere with his enthralling performance.
The festival saw an enthusiastic turnout of chiefs, youths, elders, and villagers, all expressing their gratitude and support for Prince Odutuga. They lauded his efforts in preserving this important cultural event and fostering a sense of pride and happiness within the community.
In light of Prince Odutuga’s unwavering commitment and the joy he has brought to Odoragushin, the community and Ilenla Ruling House have made a collective appeal to the Governor of Lagos State, Mr. Babajide Olushola Sanwo-Olu, to install Prince Adetomiwa Odutuga as the new Aladegushebi of Odoragushin. The villagers believe that Prince Odutuga is the rightful and deserving successor, capable of leading and uplifting their community.
Today’s celebration not only honored the past but also looked forward to a promising future under Prince Odutuga’s potential reign. The Ojude Oba Festival of 2024 will be remembered as a day of cultural resurgence, community spirit, and hopeful anticipation for Odoragushin.
Adron Boss, Aare Adetola Emmanual-King Celebrates with Muslim Faithful, Harps on Peaceful Co-existence, and prayers for the growth
The Chairman and Group Managing Director of Adron Homes and Properties, Aare Adetola Emmanuel-King has extended warm wishes to the Muslim community as they celebrate the annual Eid-Al-Adha festival throughout the country. He emphasizes the importance of peaceful coexistence, religious tolerance, and prayers for the country’s development, urging all religious leaders to embrace these values.
In a statement signed by His Special Adviser on Media, Oladapo Sofowora; Aare Adetola encouraged all Muslims to stay committed to their faith and utilize the celebration as an opportunity to contribute to Nigeria’s development during these challenging economic times. Additionally, he calls on opinion leaders and religious bodies to use the festival as a platform to pray for our leaders to guide the nation towards prosperity and stability, fostering a flourishing economy and a secure environment.
He said; “ I want to implore opinion leaders and religious bodies in the country to use the occasion of the festival to pray for our leaders to guide us right and put the country on the path of prosperity. When the country is stable, celebration will be seamless and made possible. We need to pray for a more flourished economy and a secure country to ensure we have a smooth sail and bounce back into winning ways.”
The Ilishan-Remo Born Property mogul further advocates for unity among all religions to work towards common goals of development, prosperity, peace, justice, and equity and encourages religious bodies to hold leaders accountable while celebrating in peace. Aare Adetola highlights that peace is fundamental for development and progress, as a nation in distress can breed negative outcomes and hinder growth. He urges everyone to promote positive virtues that will contribute to Nigeria’s greatness.
“I want to use this moment to ask our religious bodies to use this occasion to hold our leaders accountable and also celebrate in peace because when there is peace; development will surely thrive. A country in distress will breed all vices of malevolent and stunted growth. Let’s use this medium to promote all vices that will make Nigeria greater again.” He concluded.
WEMA BANK concludes 1st tranche of Capital Raise Programme
Wema Bank PLC (Bloomberg: WemaBank: NL) (“Wema” or “the Bank”) announces the allotment of its N40billion Rights issue programme.
-Raises N40billion through a Rights Issuance process.
-Part of its larger 2-year; N150billion Capital programme.
Rights fully subscribed.
-Expected to Commence concluding tranche of additional Capital in Q4, 2024.
-Corporate Ratings affirmed by Fitch at BBB & Upgraded by Agusto to BBB+
Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has successfully concluded the first tranche of its recapitalisation exercise having secured all relevant regulatory approvals for the allotment of its N40bn Rights Issue which was initiated in December 2023.
In view of macroeconomic conditions, the Central Bank of Nigeria (CBN) in March 2024, launched a recapitalisation programme requiring commercial banks to raise fresh capital in alignment with the minimum requirement for their respective banking licenses, within a 24-month timeline spanning April 1, 2024, to March 31, 2026. The goal of this recapitalisation programme is to simultaneously boost the Nigerian economy and strengthen the Nigerian financial services industry.
As a forward-thinking and pioneering bank, Wema Bank in December 2023 launched a N40bn Rights issue which has now been approved by the Central Bank of Nigeria and the Securities and Exchange Commission (SEC). With this remarkable development, Wema Bank has now successfully raised the 1st tranche of its plan in the minimum requirement laid down by the CBN.
In a statement made to the public by the Bank, Moruf Oseni, Wema Bank’s Managing Director and CEO, iterated the Bank’s resolve in retaining its Commercial Banking license with National Authorisation, adding that the N40bn Rights Issue is a step in that direction. “We are delighted to announce the conclusion of the 1st tranche of our Capital Raise Programme, after obtaining the relevant approvals of all regulatory authorities. Our move to commence our Capital Raise Programme very early demonstrates our push for excellence and with a strong emphasis on our digital play, we are set to amass more successes in the coming months.”
“We were impressed by the vote of confidence given by our shareholders during the 1st Rights Issue exercise as our shares were fully subscribed. In addition, we obtained the approval of shareholders at our 2023 Annual General Meeting (AGM) to raise an additional N150billion to meet the capitalisation threshold set by the CBN. The process is expected to be completed within 12-18 months. We are committed to providing optimum returns for every stakeholder and the successful conclusion of this N40bn Rights Issue is a bold step in the right direction.”
In addition to the upward trend in the Bank’s financial performance and the success recorded so far in its recapitalisation exercise, Wema Bank’s corporate rating was recently upgraded to BBB+ by Pan African credit rating agency, Agusto and Co, and retained at BBB by international rating agency, Fitch. Over the medium to long term, Wema Bank is positioned to not only dominate the digital Banking space but also the Nigerian financial services industry at large as it translates its industry leadership to significant market share.
Wema Bank is a leading financial services entity with banking operations across Nigeria, its leadership position in the digital banking space speaks to its aspirations to liberate Nigerian businesses and entrepreneurs by making digital platforms widely available.
Why We Must Protect Nigeria’s Democracy, Obasa, Fashola, Foreign Diplomats Speak
Despite its challenges, democracy in Nigeria must be protected by every citizen, speakers at an event to commemorate the country’s 25 years of unbroken democratic governance organised by the Lagos State House of Assembly have warned.
Speaker of the House, Rt. Hon. Mudashiru Obasa, former governor of Lagos, Mr. Babatunde Fashola, foreign diplomats, and business experts argued on Wednesday evening that democracy has benefitted the Nigeria since 1999 when the country began its fourth republic.
Others who spoke at the event include Prof. Eghosa Osaghae of the Nigerian Institute of International Affairs, Dr. Muda Yusuf, former chairman of the Lagos Chamber of Commerce, and Mrs. Abike Dabiri-Erewa, the Nigerians in Diaspora Commission (NiDCOM).
Dr. Obasa said Nigeria deserved to celebrate because in the last 25 years, the country has successfully transferred power from one administration to another, uphold the principles of representation, accountability, and the rule of law.
“Our democracy has endured despite challenges and setbacks. We have faced elections, protests, and debates, but our commitment to democracy has remained unwavering.
“We have demonstrated that democracy is not a destination but a journey, and we are proud to be on this path. We must continue to guard it jealously, for it is the foundation upon which the fabric of our nation’s progress is built.
“We must continue to promote democratic values, protect human rights, and ensure that our democracy remains perpetually unbroken,” the Speaker said while recalling the struggle and sacrifice made by well-meaning Nigerians during the struggle for democracy.
Obasa noted the roles so far played by the state legislature in the scheme of Nigeria’s progress to include promotion of good governance, accountability, and the rule of law as well as passage of bills that have transformed the lives of citizens.
“As a transformative and people-centric legislature, the House of Assembly has delivered impactful laws and representation, reforming justice, social welfare, and security systems, and driving tax reforms, infrastructural development, and transportation improvements.
“These have attracted significant attention from local and international admirers, leading to frequent visits from international representatives and private citizens seeking to learn from us, exchange ideas, conduct research, or participate in exchange programmes,” the Speaker said.
He urged Nigerians to continue to support state Houses of Assembly to further deepen democratic values and bring governance closer to the grassroots.
FASHOLA
The former governor of Lagos said 25 years of democracy has provided an opportunity for effective representation of the people as well as freedom to make laws.
Urging Nigerians to hold on to democracy very jealously, he argued that the federal system practised in Nigeria remains important to the country’s growth.
“For those who are understandably impatient with democracy, I hear them. It can be a tedious way to govern. There is no better way to order our affairs. I will not trade the liberties it offers for anything else.
“We are a federal state and let me tell you why. We have multi-level legislative houses from the local councils to the National Assembly. We have multi-level judicial system.
“We also find different levels of government exercising different forms of responsibilities and this you can find in the exclusive and concurrent lists and, of course, what you can’t find in those two lists, is the residual authority that resides in the states. For example, the Senate cannot make laws on landlords and tenants laws and rent control,” he said.
Speaking about some changes that have happened in Nigeria in the last 25 years, he recalled the ‘famous resource control case’ which originated from Lagos and was resolved through the constitution making some states earn better now. He also recalled the matter relating to local government creation during the administration of Asiwaju Tinubu as governor.
“As at 1999, if you wanted to build a house in Lagos, you would go and get permit in Abuja. It was the Lagos State government that went to court to stop it,” he said adding that the cases were fought and won because of the quest for a perfect union.
Urging support for President Tinubu’s administration, expressed optimism that wages and salaries and issues with the creation of state police would become reality.
FOREIGN DIPLOMATS
The Consul General of the French embassy in Lagos, Laurent Favier, while congratulating Nigeria, said “democracy is not a state of perfection but something people have to fight for at all times. It is a political structure that must be deepened.”
He expressed satisfaction with how democracy in Nigeria has ensured freedom just as he urged the country not to relent in making citizens happy.
On the other hand, Weert Börner, Consul General of Germany, said his country with 16 states, practises same federal system as Nigeria adding that this results in healthy competitions.
He affirmed that Nigerians enjoy freedom of opinions, one of the characteristics of democracy.
He commended Nigeria over its Electricity Act which gives states power to generate electricity noting that Germany followed same part 25 years ago resulting in about two million electricity producers in the country.
Consul General of the Embassy of Italy, Ugo Boni assured that the government of his country will continue to be a trustworthy companion of Nigeria while the British Deputy High Commissioner, Lagos, Jonny Baxter, said: “In these challenging times, it is important that we support each other in our shared commitment to democracy.
“Nigeria’s democratic resilience and significance in West Africa serves as an example to other nations seeking to strengthen and protect their own democracies.”
“The UK looks forward to partnering with Lagos and Nigeria in the next 25 years and more.”
Michael Ervin, political and economic section chief at the US Consulate General, Lagos, said Nigeria is an example of how diverse people can unite and ensure freedom for all.
He congratulated Lagos Assembly and noted that Lagos opens the door to the development of Nigeria.
Adron Homes Sponsors Ojude Oba, Unveils Plans to Excite Customers with Massive Prize Slash
At the World Press conference of the forthcoming 2024 Ojude-Oba Festival in Ijebu-Ode, the management and organizing committee of the annual event has unveiled plans for the smooth running of this year’s edition during the unveiling and announcement of proud sponsor brands which the leading real estate firm; Adron Homes and Properties were part of.
At the world press conference, the organizing committee especially hailed the Management of Adron Homes and properties for their constant support and also their sponsorship for this year’s edition to make sure the annual colourful parade is indeed getting the needed support to soar higher. During the unveiling, it was noted that Adron Homes is set to excite customers and attendees with mouthwatering prizes, massive discounts and unbelievable price slashes during the cause of the event in Ijebu-Ode next week.
Also present at the event, a group of senior management staff from Adron Homes were; The Deputy Managing Director of Adron Homes Southern Nigeria, Mrs Ajobo Adenike, The Director Of Public Affairs, Mr Michael Oyadele, The Director General Of Sales And Marketing Adron Homes Southern Nigeria Mrs Azuru Ihuoma, The Director Of Business Development And Strategy, Mrs Chi Tola Robert and Others. Mr Michael Oyadele who spoke on behalf of Adron Homes disclosed that; Adron’s participation in the Ojude Oba Festival is a testament to the brand’s commitment to proudly showcase unwavering support for the cultural heritage and economic growth of the southwest and ijebu region.
“This annual celebration, steeped in tradition and cultural significance, serves as a testament to the vibrant heritage of Ijebuland, and we are truly privileged to have been a part of this remarkable event. We extend our heartfelt congratulations to the esteemed Paramount Ruler of Ijebuland, Kabiyesi Dr Sikiru Adetona The Awujale of Ijebuland, and all the esteemed people of Ijebuland. Your dedication to upholding the rich cultural traditions of this land is truly commendable, and Adron Homes stands with you in solidarity and support. As a proudly Nigerian brand, Adron Homes is deeply committed to supporting the development and prosperity of Ogun State and the good people of Ijebuland.”
While commending the Awujale of Ijebu Land for his steadfastness, she further disclosed that; Adron Homes remains steadfast in its mission to provide quality housing solutions to Nigerians across the country. In alignment with its commitment to making homeownership accessible and affordable to all. He also revealed that Adron Homes has announced special discounts and exclusive offers on its housing products during this festive period with the Special Ileya Discount Package. “The discount is our way of giving back to the communities that have entrusted us with their dreams of owning a home. Our marketers would move around that day to answer your questions and clear your curiosity. You will see our numerous tents and gazebos well placed at strategic locations you can just approach it or any marketers. We will be there to address your inquiries and satisfy your curiosity. You’ll notice our many tents and gazebos strategically positioned for easy access. Feel free to approach our staff for further information. In addition, we will be setting up experience centres at key locations, allowing visitors to take virtual tours of our products during the festival. At Adron Homes, we remain committed to celebrating our cultural heritage, promoting unity, and working towards a better future for all Nigerians.”
Muhajid Alhaji Abubakr Dokubo-Asari, a steadfast advocate for the rights of the Niger Delta people has extended warm felicitations to Alabo, Dumo lulu-Briggs, head of the Oruwari Briggs Group of War Canoe and Chieftaincy Houses of Abonnema on his 60th birthday.
In a heartfelt message, Dokubo-Asari praised Alabo Dumo lulu-Briggs for his remarkable journey, marked by unwavering dedication to politics without bitterness, and his tireless efforts to promote peace and brotherliness throughout his life.
“I salute his penchant for politics without bitterness, promoting peace and brotherliness,” Dokubo-Asari said, highlighting Alabo Dumo lulu-Briggs’s remarkable ability to navigate the complexities of politics with grace and humility.
Furthermore, Dokubo-Asari commended Alabo Dumo lulu-Briggs for his outstanding philanthropic endeavors, particularly in Abonema, where he has made a profound impact on the lives of youths, the aged, and women through various outreach programs.
“Alabo Dumo lulu-Briggs has been outstanding in his philanthropic endeavors to touch and change the lives of youths, the aged and women in Kalabari kingdom providing succor and support to the weak and hopeless through various out reach programs,” Dokubo-Asari emphasized.
The Paramount Ruler of Edi Abali Group of War Canoe Houses of Kalabari kingdom also praised Alabo Dumo lulu-Briggs for his selfless life, which exemplifies love for humanity and service. “Dumo’s selfless life exemplifies love for humanity and service,” Dokubo-Asari said, acknowledging Alabo Dumo lulu-Briggs’ enduring legacy.
Alabo Dumo lulu-Briggs, a businessman, politician, and philanthropist, is the chairman of Platform Petroleum Ltd, a petroleum exploration company planning a 10,000 metric tonnes refinery. His remarkable life serves as an inspiration to many, and his continued service to humanity is a testament to his enduring legacy.
As he celebrates this milestone, Alabo Dumo lulu-Briggs is undoubtedly grateful for the love and support of his friends, family, and the people he has touched through his philanthropic endeavors.
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