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Exposed: Plots Against Speaker Obasa Take Fresh Dimension, 4 New Strategies Uncovered

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4 years ago

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Interestingly, a new series of plots being hatched against the Speaker of the Lagos state House of Assembly, Rt. Hon. Mudashiru Obasa, by his traducers, has been uncovered.

The plots, a four-pronged strategy, are believed to be the second phase of the plans masterminded by some alleged individuals using the media to malign the Speaker in what is now believed to be “an attempt to pull him down by all means.”

Available information shows that four new strategies are being adopted following the failure of an initial plot against Speaker Obasa which included the use of mostly doctored or alleged fake information and documents said to have been stolen from the State House of Assembly as well as claims of money appropriated for events not held.

One of the new strategies, it was learnt, is a plan to sponsor a protest against the Speaker over allegations of corruption which have all been debunked by the House of Assembly.

Findings have also indicated that on the table is the card of a plan to link the Speaker with a series of properties. Already, sources close to the plotters have hinted Obasa’s camp that photographs of the supposed properties are already being taken and these include houses and other assets with valid owners.

The source was quoted as saying, “The photographs are already being collated and they are meant to be released soon. However, there are issues that stem from the need on our side to give an accurate impression. So those saddled with the responsibility among us as trying to ensure there are no loose ends that would make the public not believe the story.”

Recall that against what some analysts have argued as financial and banking impossibility, the Speaker was recently alleged to have 64 accounts with different names and dates of birth linked to his BVN.

According to the insiders, who spilled the plots, a third plan is to link the Obasa with any possible criminal act that may have been committed in the past by anybody believed to be close to him.

The plotters are of the view that this would put the Speaker on the defensive as he would, like the previous plots, work hard to wriggle his way out of the allegation even though it could be false.

The fourth plan, which a source said was being critically considered, is to link Obasa with Kingus Ltd, a company owned by a relative and which has had a relationship with the Lagos State Government for some years running.

Barring any unforeseen circumstance, the plots are reportedly in top gear, it was learnt.

Recently, there have been allegations from Sahara Reporters, an online medium, which released what it termed exclusive stories about the Speaker.

However, each item of the reports has been deflated by either Obasa or members of the House of Assembly.

The House, some time ago, released facts relating to an alleged N17 million said to have been spent on the Speaker’s Guest House. From the reaction of the House, it was discovered that several items and offices are serviced with the sum.

Another report claimed that money was budgeted for the Christmas party that never held. However, videos and photographs of the event have since dented the veracity of the report.

Meanwhile in reaction to the claim linking the Speaker to 64 accounts, a financial expert, who does not want his name in print, argued: “I stand to be corrected, it is certainly impossible and extremely difficult for one and same BVN number to be shared by Ajayi Mudashiru Obasa, Obasa Abdulrahman Gbadunola and Gabriel Adedoyin Savage except if the other two are minors and are also his children or wards under him.

“So we need the means of identification used to enable us to arrive at a reasonable conclusion. Differences in the date of birth can also not fly because the BVN data bank will reject it unless a sworn affidavit is submitted to harmonize the differences in dates of births failing which d accounts will be restrained.

“It’s only one date of birth that is admissible and it should be the one backed up with affidavit. Hence, it’s not possible for two different dates of births to enjoy the same BVN number.”

While some Nigerians believe that the goal of the nocturnal battle is simply to diminish his ranks ahead of 2023 and as such ensure that he does not end his tenure as Speaker, others have been asking questions about what sin Obasa could have committed to warrant the desire to bring him down.

This, it was learnt, was corroborated at a meeting aimed at further victimizing him which held at the GRA Ikeja house of a former governor.

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BIG STORY

Senate, Reps Set To Resume Plenary In New Chambers After To Years Of Renovation [PHOTOS]

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2 hours ago

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April 30, 2024

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Members of the senate and house of representatives are set to resume plenary in renovated chambers.

The legislators will resume plenary on Tuesday (today) after a break spanning more than five weeks.

The parliamentarians had begun their Easter and Eid el-Fitr vacations on March 20.

They were supposed to meet again on April 16, but the meeting was rescheduled.

On Monday, the house of representatives’ leadership, led by Speaker Tajudeen Abbas and his predecessor Femi Gbajabiamila, examined the green chamber.

The renovation of the chamber began in April 2022.

Since then, the legislators have been using a temporary chamber in one of the committee rooms.

In 2019, the national assembly budgeted over N30 billion for the renovation of the complex, but the amount had sparked criticisms.

The sum was later reviewed to N9 billion.

See photos of the renovated green chamber below;

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BIG STORY

We’ve Over 1.5bn Litres Of Fuel In Store, Queues Will Clear Soon — NNPCL

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2 hours ago

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April 30, 2024

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Nigerians have been reassured by the Nigerian National Petroleum Company Limited (NNPCL) that the current fuel shortage and lines will end by Wednesday, April 31.

According to the News Agency of Nigeria (NAN), Mr. Olufemi Soneye, Chief Communications Officer of NNPCL, on Tuesday in Lagos.

Soneye claims that the company can currently supply more than 1.5 billion litres of products, enough to last for at least 30 days.

“Unfortunately, we experienced a three-day disruption in distribution due to logistical issues, which has since been resolved.

“However, as you know, overcoming such disruptions typically requires double the amount of time to return to normal operations,” he said.

He said, “Some folks are taking advantage of this situation to maximize profits.

“Thankfully, product scarcity has been minimal lately, but these folks might be exploiting the situation for unwarranted gain.

“The lines will be cleared out between today and tomorrow,” Soneye assured.

Similarly, Mr Hammed Fashola, the National Vice President of the Independent Petroleum Marketers Association of Nigeria (lPMAN), expressed hope that the queues in Lagos and Ogun would ease off this week, relying on the words of the NNPCL.

Fashola, however, stated that the queues in Abuja might tarry a bit due to the distance to Lagos.

“The information available to us from the NNPCL was that there was a logistics problem, and when that happens, it will disrupt the supply chain.

“That might be a delay in the movement of ships from the mother vessel to the daughter vessel before it gets to the depot tanks.

“Before we can correct that, surely it will take some days. I think by Tuesday or Wednesday, there will be more products available for lifting by marketers.

“It might take time before it can ease off in Abuja, considering the distance to Lagos and the bad roads; Lagos might be calm this new week,” Fashola assured.

It was gathered that stranded motorists and commuters have expressed concern over frequent fuel scarcity in Lagos metropolis.

This has resulted in a few commercial vehicles, which led to a hike in fares.

The situation within Lagos metropolis showed that only a few filling stations were selling, with long queues in most parts.

This was also the same situation within Abule-Egba and environs: Abbatoir Road in Agege, Akowonjo Road, Bariga, Fola-Agoro, and the popular Lasu-Igando Road.

The few filling stations that dispensed petrol had long queues of vehicles stretching some meters.

Across the metropolis on Monday, petrol queues were seen at filling stations like Mobil, NIPCO, TotalEnergies, Forte Oil, and ConOil along Ikorodu Road.

North West at Maryland, Gbagada, NIPCO along Ijede road, Ikorodu, and TotalEnergies at the NNPC bus stop in Ejigbo stretched to about 500 metres from the pumps.

 

Credit: NAN

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BIG STORY

Foreign Investors Showing Interest In Electricity Sector Since Tariff Hike — Power Minister Adelabu

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5 hours ago

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April 30, 2024

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Adebayo Adelabu, minister of power, says investors are now showing interest in the electricity sector because the federal government increased electricity tariff for Band A customers.

On April 3, the Nigeria Electricity Regulatory Commission (NERC) approved an increase in electricity tariff for customers under the Band A classification.

The commission said customers under the category, who receive 20 hours of electricity supply daily, will now pay N225 per kilowatt (kW), starting from April 3, up from N66.

Appearing before the senate committee on power on Monday, Adelabu said the federal government could not afford to pay subsidies on power anymore.

“The government will be needing about 2.8 trillion to subsidise electricity this year, and we look at the government budget itself, we look at the provision for subsidy, we discover and confirm that the government could not afford to pay,” he said.

“This government budget is 28 trillion naira. N2.8 trillion is a subsidy for power separately. It is over 10 percent of the budget, which is not realistic for us to ask the government to pay.

“For this sector to be revived, the government needs to spend nothing less than $10 billion annually in the next 10 years. This is because of the infrastructure requirement for the stability of the sector, but the government cannot afford that.

“And so we must make this sector attractive to investors and to lenders. So for us to attract investors and investment, we must make the sector attractive, and the only way it can be made attractive is that there must be commercial pricing.

“If the value is still at N66 and the government is not paying subsidy, the investors will not come. But now that we have increased the tariff for A Band, there is interest shown by investors.”

Adelabu said more than N1.3 trillion is being owed to generating companies.

“There has not been funding for this subsidy. And this has culminated into each debt yearly now for the operators in the industry, especially the generating companies and the gas supply companies,” he said.

“As of the last estimate, we said 1.3 trillion naira is being owed to the five generating companies, while the legacy debt of the gas supply companies stood at $1.3 billion in 2023.

“The total tariff, the total subsidy for the tariff, was supposed to be N720 billion. The government only funded N400 billion living a total of over 300 billion brought forward to 2024.

“And at the current pricing regime, we estimated that it will retain the tariff at current rates.”

Adelabu added that the high indebtedness is the reason the government removed subsidies on electricity tariff.

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