News
APC To Caution Obasa To Prevent Crisis In Lagos Assembly – Activist

APC To Caution Obasa To Prevent Crisis In Lagos Assembly – Activist
APC to caution Obasa to prevent crisis in Lagos Assembly. Mr Obasa was removed as the speaker on January 13 over allegations of misconduct and mismanagement of funds.
A Nigerian civil and political rights activist, Dr Wale Ajewunmi, has urged the All Progressives Congress to prevent tension and crisis in the Lagos House of Assembly.
Mr Ajewunmi, who gave the advice in a statement in Lagos on Saturday, called on the impeached Lagos Assembly’s Speaker, Mudashiru Obasa, to stop inciting utterances that could harm the peace enjoyed in the state.
The activist was reacting to the declaration made by Mr Obasa while addressing his supporters in his house earlier on Saturday that he still remained the speaker, adding that Nigerians would know his next line of action in the coming days.
Mr Obasa was removed as the speaker on January 13 over allegations of misconduct and mismanagement of funds and immediately replaced with his former Deputy, Mojisola Meranda.
Reacting to the looming tension, the activist advised Mr Obasa to refrain from making comments and taking actions that could cause unrest in the state.
Mr Ajewunmi said that the ousted speaker should not allow himself to be used to destroy the legislative arm.
The activist said that the APC should not allow the situation to affect the gains the House had made over the years.
Quoting the constitution, Mr Ajewunmi added that section 92 (c) of the 1999 Constitution of the Federal Republic of Nigeria (as amended), stated that the speaker or deputy speaker of the House of Assembly shall vacate his office if he is removed from office by a resolution of House of Assembly by the votes of not less than two-third majority of the members of the House.
He said that contrary to Mr Obasa’s claim, the speaker does not have to be in the House at all to be properly removed.
He added, “The House has the liberty to change its leadership as it so desires anytime with the only precondition that it meets the two-thirds majority of members present voting for the removal of the speaker.”
He said that as an experienced lawmaker, Mr Obasa should not put up any fight or position himself to cause any unrest.
A lawmaker, Stephen Ogundipe, had also faulted Mr Obasa’s claims that he was not properly impeached.

Obasa
Mr Ogundipe in a statement on Saturday said that the House stood by its decision because over two-third majority of the lawmakers signed Mr Obasa’s impeachment.
Mr Ogundipe, a former Chairman of Committee on Information, said that any attempt to heat up the polity would be resisted by the majority of the members, who elected Mojisola Meranda as the new speaker.
Economy
Adewale Adeniyi Transforming Nigeria Customs Service For Greater Efficiency

Adewale Adeniyi Transforming Nigeria Customs Service For Greater Efficiency
Adewale Adeniyi Transforming Nigeria customs service for Greater Efficiency. The appointment of Adewale Adeniyi as the 31st Comptroller General of the Nigeria Customs Service (NCS) has ushered in a wave of transformative reforms, enhancing efficiency and service delivery within the agency.
Modernizing the Customs Service
Under Adeniyi’s leadership, the NCS has implemented innovative strategies that have not only streamlined trade facilitation but also significantly boosted revenue generation.
These reforms have reinforced the service’s role as a critical player in economic growth, international trade, and border security.
Legislative Overhaul: A New Legal Framework
One of the major milestones achieved during Adeniyi’s tenure is the Nigeria Customs Act 2023, signed into law on April 20, 2023. This law replaces outdated customs regulations, ensuring a modernized, autonomous, and internationally compliant customs administration under the supervision of the Minister of Finance.
Strategic Reforms for Efficiency
Adeniyi introduced several key reforms aimed at improving trade processes and customs operations:
Time Release Study (TRS): This tool, developed by the World Customs Organization (WCO), helps identify delays in the clearance of goods, allowing for more efficient trade processing.
Authorized Economic Operator (AEO) Program: Recognizing compliant businesses in international trade, this initiative strengthens the supply chain and improves security.

Adewale Adeniyi
Customs Trade Modernization Project (TMP): Launched in 2022, this project is expected to generate $250 billion in revenue and create employment opportunities as the NCS expands its workforce.
Boosting Revenue and Trade Facilitation
Adeniyi’s reforms have led to record-breaking revenue collection, with the NCS generating over N5 trillion in 2024 and setting an ambitious target of N6 trillion for 2025.
Through strategic stakeholder engagement, legal modernization, and cutting-edge trade facilitation measures, the Nigeria Customs Service is now better positioned to drive economic growth, enhance security, and improve global trade efficiency.
Economy
Oil Prices Hits $70/b As Nigeria’s Output Surpasses OPEC+ Quota For February

Oil Prices Hits $70/b As Nigeria’s Output Surpasses OPEC+ Quota For February
Oil Prices Hits $70/b as Nigeria’s output surpasses OPEC+ quota for February. Oil price steadied after the Organization of the Production Export Countries released its monthly report, with Brent crude maintaining its earlier gains, trading above $70 a barrel on Thursday.
OPEC said on Wednesday that Kazakhstan led a sizeable jump in February crude output by the wider OPEC+, highlighting a challenge for the producer group in enforcing adherence to agreed output targets.
In its monthly report for March 2025, OPEC+, which includes OPEC plus Russia and other allies, in February raised output by 363,000 barrels per day to 41.01 million bpd, led by Kazakhstan.
The hike is more than twice as much as a scheduled 138,000 bpd rise in OPEC+ output starting in April as the group phases out its most recent layer of output cuts.
The plan for higher output, as well as concern about trade tariffs, have put downward pressure on oil prices. Kazakhstan, the world’s largest landlocked country, has been producing at a record high, and well above its OPEC+ quota, as U.S. oil major Chevron.

Oil Prices
According to the OPEC data, which it compiles from secondary sources, Kazakhstan produced 1.767 million bpd of crude in February, up from 1.570 million bpd in January. Kazakhstan’s OPEC+ quota is 1.468 million bpd.
The OPEC data also showed some other OPEC+ nations such as the United Arab Emirates, Nigeria and Gabon pumping above their quotas, but by far smaller amounts.
News
Governor Abiodun Welcomes League of Imams, Alfas for Special Ramadan Iftar

Governor Abiodun Welcomes League of Imams, Alfas for Special Ramadan Iftar
Governor Abiodun welcomes league of Imams, Alfas for special Ramadan Iftar. Governor Dapo Abiodun of Ogun State hosted the League of Imams and Alfas for a special Iftar, fostering unity and religious harmony during the holy month of Ramadan.
The gathering highlighted the essence of Ramadan as a time of devotion, self-discipline, and virtues like patience and charity. Governor Abiodun emphasized the need for self-restraint and compassion towards the less privileged, in line with Islamic teachings.

Governor Abiodun
He prayed for Allah (SWT) to accept the fasting and prayers of all Muslims, grant them strength, and bless Ogun State with peace and prosperity.
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