Featured
Fresh pressures on EFCC to renew searchlight on Lagos Assembly Speaker
The Economic and Financial Crimes Commission (EFCC) may have come under fresh pressures to rekindle searchlight on the Speaker of the Lagos State House of Assembly, Right Hon. Mudashiru Obasa, over allegations of impropriety in managing the funds of the Lagos State legislature said to be petitioned to the commission by some stakeholders in Lagos State. A source from the commission, who sought anonymity, alleged that petitions have purportedly been transmitted to the Commission by some stakeholders in Lagos State, demanding investigation of the Speaker over alleged misappropriation of the House funds in over the past four years into the current tenure. The commission was said to be looking into the complaints before necessary actions could be taken.
Details of the petitions or demands for investigation of the Speaker were not disclosed; the source, however, said that preliminary inquiries may soon commence to confirm the profile of the petitioners and the issues raised; thereafter, the details may be revealed when proper investigations commence. He explained that it is based on the findings from the preliminary inquiries that the commission would ascertain whether there are facts therein, before proceeding with proper investigations. According to him, only at this stage would the details be revealed.
Effort to reach the EFCC spokesperson at the time of this report to confirm the petitions was not successful. We will sustain this effort to get his response in our subsequent report.
-
Latest1 week agoLagos NURTW organising secretary Toba Ajiboye dies after gunmen attack
-
Business5 days agoCBN targets $12bn annual Diaspora inflows to boost FX liquidity
-
Business5 days agoSEC launches nationwide campaign to help investors recover unclaimed dividends
-
Business4 days agoNigerian AI researcher champions ethical artificial intelligence at COPA AI 2026 summit in Wales
-
Latest1 week agoOyo APC berates Makinde over call for UN probe into Oriire school rescue
-
Business5 days agoCBN launches real-time FX tracker for BDCs, tightens oversight of FX market
-
Business5 days agoFood prices now biggest threat to inflation, beyond CBN’s reach – Analysts
-
Latest6 days agoKwankwaso calls for renewed North–South-East Political alliance ahead of 2027


