News
Power Tussle, Heavy Security Spotted As Lagos Assembly Holds Plenary

Power Tussle, Heavy Security Spotted As Lagos Assembly Holds Plenary
Power tussle, heavy security spotted as Lagos Assembly holds plenary. The leadership tussle in the Lagos State House of Assembly took a new twist on Monday with heavy security presence at the premises during a plenary session. Security vans and personnel were spotted in and outside the premises of the Lagos Assembly complex in the Alausa Area of the commercial city.
Ahead of the plenary, security personnel manned various roads leading to the Lagos Assembly complex. There was a mild drama when some of the security agents tried to gain access to the Assembly chambers. These delayed the plenary for some hours. But an official of the Lagos Assembly later said that the speaker Mojisola Meranda and 32 members of the lawmaking body are present for Monday’s plenary.
While issues to be discussed at the plenary are unclear as of the time of this report, some members and the Lagos Assembly were spotted discussing in clusters inside the premises. Although a source said that the leadership of the House is intact, the workers’ move action further lends credence to speculations that she has been asked to resign or may be impeached.
Some workers at the Assembly were spotted surrounding Meranda. They insisted that they wanted her to stay as the speaker of the House. Last month, members of the Assembly removed the House’s long-term speaker Mudashiru Obasa over allegations of fraud and other sundry charges. They thereafter elected Meranda as Obasa’s replacement in a historic move that saw the member representing Apapa Constituency I become the first speaker of the Lagos State House of Assembly.

Lagos Assembly
“The Constitution makes it clear that the House has the powers to regulate its proceedings. So, the members of the House felt that they’ve had enough of the Rt Hon Mudashiru Obasa and today, we have unanimously agreed that Rt Hon Mojisola Meranda Lasbat becomes the new Speaker of the House,” a member of the Assembly representing Epe Constituency 1 Abiodun Tobun said in defence of Obasa’s impeachment.
Tobun argued that the lawmakers “owe Lagos State a duty of ensuring that the sanctity of the House and the integrity of this House are restored”.
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.
-
Akwa Ibom2 months ago
The Apostolic Church Gets New Territorial Chairman, Exco
-
Akwa Ibom2 months ago
Umo Eno Commences Payment Of 80,000 Naira Minimum Wage With Arrears
-
News2 months ago
List Of 42 Executive Orders Of Trump
-
Politics2 months ago
President Trump Changes Divorce Law, No 50% Property Shares
-
News1 month ago
The Apostolic Church Gets New National President, Executive
-
Economy1 month ago
Tinubu Allocated N940 Billion To TETfund In 2025 Budget
-
Economy2 months ago
Enugu-Onitsha Expressway: Many Feared Dead, 8 Vehicles Burnt In Tanker Explosion
-
News2 months ago
Tinubu In Closed-Door Meeting With Ogoni Leaders, Wike, Fubara