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Lagos Assembly Speaker: Meranda May Step Down As Akande Panel Shortlists Seven

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Intervention of heavyweights in the All Progressives Congress (APC) may be leading to a headway in resolving the speakership crisis rocking the Lagos State House of Assembly.

The impeached Speaker, Mudashiru Obasa, and the current Speaker, Mojisola Meranda, might be stepping aside for another lawmaker to lead the House, it was reliably learnt.

The development follows the intervention of the APC bigwigs, notably former governors of Osun, Ogun and Lagos states, namely Chief Bisi Akande, Segun Osoba, and Akinwunmi Ambode, respectively, among others.

The high-powered APC delegation was directed by President Bola Tinubu to resolve the political tension at the Lagos Assembly, following the inability of the Governance Advisory Council to find a solution.

The crisis began at the House on January 13, 2025, when about 36 lawmakers removed Obasa as speaker and replaced him with Meranda, the then-deputy speaker.

Over 90 percent of the lawmakers accused the impeached speaker of poor leadership style, perpetual lateness to legislative sections and plenary, high-handedness and disregard for colleague lawmakers and the executive, especially the governor, abuse of office and privileges, intimidation and oppression of members, and misappropriation, among others.

Obasa, who was away in Atlanta, United States, when he was removed, had since faulted his removal and insisted he was still the speaker, even as his colleagues in the House remained adamant.

“My status in the house? I strongly believe I am still the speaker until the right thing has been done. If you want to remove me, remove me the proper way, and I will not contest it,” Obasa said while addressing newsmen on Saturday, January 25, 2025.

On Sunday, Osoba, Ambode, Governor Babajide Sanwo-Olu, and all the GAC members met at the Governor’s Lodge in Marina over the crisis to find a lasting solution.

JomogNews Nigeria gathered that the meeting lasted till around 7 pm. It was also learnt that the panel earlier met with the lawmakers.

A GAC member, Chief Muraina Taiwo, spoke about the outcome of the meeting on Monday, noting that one of the seven lawmakers from Lagos West was being considered by the party leaders as the new Speaker.

“The issue will die down soon. Between now and the middle of next week, everything will become clearer. The APC leaders, including Chief Bisi Akande and Chief Olusegun Osoba, came to mediation.

“They will go back to Abuja to brief our leader (Tinubu) on how they feel about everything. They are suggesting to Speaker Obasa that he should step down and the other woman (Meranda) to also step down and they will bring in another new person. They are thinking of submitting a few names, but all will land at the table of the leader.

“You know the House is working based on seniority; that is, if you’ve spent two years at the House, you’re qualified to hold a higher position than someone in first tenure. So they will go back to Abuja with seven names of the seniors in the House and from Lagos West,” he said.

The GAC member added, “The seven of them are ranking members in Lagos West. They are the ones whose names will be submitted to President Tinubu.”

It was also gathered that party leaders considered it politically and ethically appropriate not to select a speaker from Lagos Central, as it is the same senatorial zone as Governor Sanwo-Olu.

Details of the seven lawmakers from Lagos West have not been disclosed, but sources who spoke to our correspondent said David Setonji is being considered based on his experience and seniority.

A top source in the Lagos APC, when asked who is being considered as the new Speaker, said, “Setonji from Badagry is being considered among them. He is the one who is not like a first-timer among those in the West.”

Born in 1959, Setonji represents Badagry Constituency II and has been in the House since 2015. He is the current Chief Whip of the House, appointed by Meranda.

A master’s degree holder, Setonji is a former chairman of the Nigerian Institution of Civil Engineers, Lagos State chapter. He was previously a deputy chief whip.

Another top source in the Lagos APC who was privy to the meeting but did not want to be named confirmed on Monday that Meranda and Obasa would be asked to leave the position.

He also said that part of the resolutions being considered was for Obasa to withdraw the suit against the assembly and Meranda in court.

Obasa, who has since faulted his removal, has dragged the Assembly and Meranda before a Lagos State High Court in Ikeja, claiming that the lawmakers were wrong to have removed him when the Assembly was in recess.

The source, therefore, noted that since political solutions were being considered, it was likely that Obasa would withdraw the suit.

He said, “Meranda will step down, and Obasa will also step down. They will now pick someone else from Lagos West. Lagos West is the largest senatorial zone in Lagos. The lawmakers seem to have agreed; otherwise, there won’t be peace. Part of the understanding is that the case the man (Obasa) took to court he will withdraw it as well.

“Whatever there is a legal solution for, there is also a political solution, so there will be compromises here and there.”

The source added, “Those who don’t want Obasa feel that they have won the battle anyway, and the man will never be their speaker again. So there is nothing they are fighting for again.

“Meranda, whom they put there, is just a child of circumstance. And since things have changed – the woman herself is not a power monger, she didn’t say she has to be there forever. It is hoped that in the next one week, the agreement will be reached.”

In an interview with our correspondent on Monday, the Chairman of GAC, Chief Tajudeen Olusi, said the party “is mediating.”

He said, “The party is mediating. At the appropriate time, we shall tell you the conclusion of the mediating panel. Wait until the report is ready.

“It’s a mediating process, it’s part of the responsibilities of the party when there are conflicts within the legislature or even within the members of the party for us to take our time and listen to all sides.”

 

 

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Rivers Assembly Suspends Impeachment Move Against Fubara After Tinubu’s Intervention

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The Rivers State House of Assembly has officially suspended impeachment proceedings against Governor Siminalayi Fubara and his deputy, Ngozi Odu, following President Bola Tinubu’s intervention.

The House moved the motion to halt the impeachment process on Thursday at its resumed sitting in Port Harcourt, the state capital.

JomogNews had reported that during its first sitting of 2026, the House had begun impeachment proceedings against the governor and his deputy over allegations of gross misconduct, including the demolition of the State Assembly complex and alleged spending without legislative approval, among other claims.

More details later….

 

 

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Reserves Surge To $48.5bn As Nigeria Reclaims 2013 Peak Levels

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Nigeria’s foreign exchange (FX) reserves have reached $48.5 billion, their highest level in nearly 13 years.

This milestone, confirmed by data from the Central Bank of Nigeria (CBN), surpasses previous multi-year peaks and represents the strongest balance since May 14, 2013, when reserves stood at approximately $48.51 billion.

However, the data showed that the foreign reserves increased steadily by 6.45 percent or $2.94 billion year-to-date, from $45.56 billion reported on January 1 to $48.5 billion.

Further checks showed that the FX reserves figure was $48.36 billion on Monday.

According to the CBN, FX reserves are assets held on reserve by a monetary authority in foreign currencies, which are used to back liabilities and influence monetary policy.

On December 22, 2025, the apex bank projected that the country’s external reserves would rise to $51.04 billion in 2026, saying the increase will be supported by FX reforms.

“Reforms in the foreign exchange market are expected to sustain exchange rate stability, while external reserves are projected to increase to US$51.04 billion,” CBN said.

On February 10, Olayemi Cardoso, governor of CBN, said the bank will do “whatever it takes” to safeguard the value of the naira, while strengthening the country’s external reserves.

Looking ahead to 2030, he said the CBN’s targets include achieving single-digit inflation and growing foreign exchange (FX) reserves driven by non-oil exports, foreign direct investment, and diaspora remittances.

 

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Ogun Police Launch Investigation Into TikToker Mirabel’s Sexual Assault Claims

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The Ogun State Police Command has launched an investigation into sexual assault allegations made by a TikToker known as Mirabel (@mirab351), who is currently receiving treatment in an Intensive Care Unit (ICU).

The case gained widespread attention after she posted emotional videos on Monday, February 16, detailing an attack she claimed occurred at her home the previous Sunday.

The command’s Public Relations Officer, Oluseyi Babaseyi, disclosed the development on Thursday while speaking on The Morning Brief.

Babaseyi confirmed that Mirabel voluntarily visited the Ibafo Police Division on Tuesday, February 17, to lodge a formal complaint and was subsequently admitted to the hospital for medical care due to her unstable condition.

“When the DPO in Ibafo met with her, she was taken to the hospital for medical analysis. She wasn’t as stable as necessary, but we ensured the investigation continued.

“As we speak, she is in the intensive care unit getting appropriate care. Her medical well-being is more important to us at this point. When she is stable, we can now continue investigations and get the necessary facts,” Babaseyi said.

According to Babaseyi, the incident reportedly occurred in Ogijo, a border community between Ogun and Lagos states.

The police have established that Mirabel was not arrested, but rather, she is being treated as a victim.

The command urges individuals with useful information to come forward and assist with the investigation.

“She was not arrested by the police. She reported a case, and we are investigating. Nothing like her arrest happened,” he said.

“If the allegation is established to be true, the perpetrator will be arrested and charged to court appropriately. Otherwise, the law also addresses giving false information,” the police stated.

The police said they will rely on evidence to reach a logical conclusion and take appropriate action.

“We advise people not to jump to conclusions based on emotions. We are investigating and will rely on evidence to reach a logical conclusion,” Babaseyi said.

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