• Latest
  • Trending
  • All
Speaker Obasa Calls for Urgent Attention on Economy

Speaker Obasa Calls for Urgent Attention on Economy

October 1, 2021
'The Future Bows to Those Who Dare to Dream,’ Zenith MD, Umeoji Tells 300 Girls

‘The Future Bows to Those Who Dare,’ Zenith MD, Umeoji Tells 300 Girls

October 14, 2026
Alpha Morgan Bank Moves Head Office to Lagos, Signals Growth

Alpha Morgan Bank Moves Head Office to Lagos, Signals Growth

October 14, 2026
Awoniyi Family Unveils Funeral Arrangements for 83-Year-Old Matriarch

Awoniyi Family Unveils Funeral Arrangements for 83-Year-Old Matriarch

October 13, 2026
Zenith Bank To Boost Opportunities for Girl-Child with Maiden Empowerment Programme

Zenith Bank To Boost Opportunities for Girl-Child with Maiden Empowerment Programme

October 10, 2026
FirstBank To Host, Sponsor West Africa International Banking Dialogue & Awards Gala 2026.

FirstBank To Host, Sponsor West Africa International Banking Dialogue & Awards Gala 2026

October 10, 2026
Thailand Pass: Emirates Excites Holidaymakers with exclusive perks and savings

Thailand Pass: Emirates Excites Holidaymakers with exclusive perks and savings

October 9, 2026
Fidelity Bank Targets Sustainable Growth with Business Forum in Lagos 

Fidelity Bank Targets Sustainable Growth with Business Forum in Lagos 

October 9, 2026
Fatgbems Marks Customer Service Week With Customers Reward, Renewed Commitment

Fatgbems Marks Customer Service Week With Customers Reward, Renewed Commitment

October 8, 2026
Relief As Bola Tinubu Led FG Announces 30-Day Petrol Discount

Relief As Bola Tinubu Led FG Announces 30-Day Petrol Discount

October 8, 2026
From Pencil to Pastel, Acrylic to Sculpture: The Many Sides of BB Arts

From Pencil to Pastel, Acrylic to Sculpture: The Many Sides of BB Arts

October 8, 2026
Lagos Police Arrest Man Wanted for Cyberbullying Clerics 

Lagos Police Arrest Man Wanted for Cyberbullying Clerics 

October 7, 2026
Lagos Police Arrest Man Wanted for Cyberbullying Clerics

Codix Group Commissions Educational Facilities in Ogun

October 7, 2026
Mass Exit Hits NGIJ as Members Reject Aliagan’s Emergence Over Multiple Voting* Members

Mass Exit Hits NGIJ as Members Reject Aliagan’s Emergence Over Multiple Voting

October 3, 2026
Industry-Academia Partnership and Future of Healthcare Education

Industry-Academia Partnership and Future of Healthcare Education

September 14, 2026
IGP Endorses Societal Concerns Drone, Intelligence Training for 300 Police Personnel

IGP Okays Societal Concerns Drone, Intelligence Training for 300 Personnel

September 14, 2026
How Police IGP Disu “Egbon Tunji” Left an Indelible Mark on Ago-Iwoye Students, By Ayo Mojoyin

How Police IGP Disu “Egbon Tunji” Left an Indelible Mark on Ago-Iwoye Students, By Ayo Mojoyin

September 7, 2026
Thursday, October 15, 2026
  • Login
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
No Result
View All Result
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
Home News

Speaker Obasa Calls for Urgent Attention on Economy

by TheConscience NG
October 1, 2021
in News, Featured
0
Speaker Obasa Calls for Urgent Attention on Economy
Share on FacebookShare on Twitter
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share

Speaker Obasa Calls for Urgent Attention on Economy

Speaker Obasa Calls for Urgent Attention on Economy

– Says economy should be salvaged to reduce poverty. 

The Speaker of the Lagos State House of Assembly, Rt. Hon. (Dr) Mudashiru Obasa, on Thursday re-emphasised the need for Nigeria to think in the direction of true federalism saying it is one of the major solutions to the county’s many challenges.

Obasa made the call at the 13th annual Hijrah Lecture 1443 A.H (2021) organised by the House with the topic: The Role Of The Youths In The Emerging Socio-Economic And Political Realities.

According to the Speaker, it is very obvious that citizens and leaders in the country intensify efforts to salvage the economy, especially as it relates to the increasing poverty rate, the need to make the country secure and peaceful as well as the dwindling fortunes of the Nigerian currency as against the dollar.

The Speaker, who noted the topic of the event as very important at this time of the country’s journey, further urged the federal government to see the current situation as an opportunity to address the issue of the collection of Value Added Tax (VAT) in favour of the states and other considerations on economy.

He said if Nigeria was to make progress, the country should follow the steps of the United States of America and China which relies on the provinces.

“The topic of this event is very important. What is the situation of our country? What is the situation with the youth? How do we live our lives? What is the health and educational situation of the country?

“We talk about youth unemployment, but what is the state of education and qualifications?

“The topic is important, especially with the argument that the economy has become seriously challenged.

“The standard of living and the rate of poverty are biting. Months ago, the dollar rate was still welcoming at a little above N300 but today, it is more than N500.

“This current situation of the country is an opportunity for the federal government to address the issue of VAT.

“China today relies on the provinces of the country. USA practises true federalism. If we are practising federalism, we should be consistent. We should operate in a way that Osun State would explore its resources and Zamfara would do same,” Obasa said while expressing hope that Nigerians would be proud of the country which marks its 61st independence anniversary.

He noted that Lagos State House of Assembly has always been youth-friendly in relation to bills passed by the House.

He named some of the bills as the Neighbourhood Safety Corps, the Child Right Bill, the Employment Trust Fund which provides loans to youths ready to make progress and the Sports Commission bill amended by the House.

The Speaker said Hijrah affords Muslims the opportunity to thank Allah and continue to have faith in Him.

Obasa recalled how COVID-19 had affected the world and caused fears and deaths just as he remembered Nigerians who became victims of the pandemic.

In his lecture, Shaykh Muhyideen Ajani Bello, Chief Imam and Missioner, Ansar ud Deen Society of Nigeria, Northern States Council, urged the youth to know that they would one day lead the country just as he slammed leaders for relegating the youth for too long.

He also advocated for women to be given more important roles in governance of the country.

Speaker Obasa Calls for Urgent Attention on Economy

On his part, Dr. Sa’eid Ahmad, Consultant General Surgeon and Imam, also spoke about moral decadence in the society, the rot in the education and other sectors of the economy.

He said the youth must be diligent and hardworking even in the face of the country’s challenges.

Addressing the guests after the lecture, Mr. Tayo Ayinde, Chief of Staff to Governor Babajide Sanwo-Olu, said the points raised by the lecturers would be considered and their suggestions implemented.

He described the topic of the event as thought-provoking.

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Share on WhatsApp (Opens in new window) WhatsApp
READ MORE:  NIMASA Donates 1800 Protective Kits to LAWMA, As Agencies Begin Partnership

Like this:

Like Loading…

Related

Tags: Economy
ShareTweet
Previous Post

Guggenheim Abu Dhabi: UAE To Lead Global Arts With Latest Museum

Next Post

Fintech 5.0: How FirstBank Powers Collaboration To Drive Financial Inclusion

TheConscience NG

TheConscience NG

Related Posts

'The Future Bows to Those Who Dare to Dream,’ Zenith MD, Umeoji Tells 300 Girls
Business

‘The Future Bows to Those Who Dare,’ Zenith MD, Umeoji Tells 300 Girls

by TheConscience NG
October 14, 2026
Alpha Morgan Bank Moves Head Office to Lagos, Signals Growth
Business

Alpha Morgan Bank Moves Head Office to Lagos, Signals Growth

by TheConscience NG
October 14, 2026
Awoniyi Family Unveils Funeral Arrangements for 83-Year-Old Matriarch
Entertainment

Awoniyi Family Unveils Funeral Arrangements for 83-Year-Old Matriarch

by TheConscience NG
October 13, 2026
Zenith Bank To Boost Opportunities for Girl-Child with Maiden Empowerment Programme
Business

Zenith Bank To Boost Opportunities for Girl-Child with Maiden Empowerment Programme

by TheConscience NG
October 10, 2026
FirstBank To Host, Sponsor West Africa International Banking Dialogue & Awards Gala 2026.
Business

FirstBank To Host, Sponsor West Africa International Banking Dialogue & Awards Gala 2026

by TheConscience NG
October 10, 2026
Thailand Pass: Emirates Excites Holidaymakers with exclusive perks and savings
Business

Thailand Pass: Emirates Excites Holidaymakers with exclusive perks and savings

by TheConscience NG
October 9, 2026
Next Post
First Bank: Rewarding FirstMonie Wallet Users, Growing Mobile Payments Adoption in Nigeria

Fintech 5.0: How FirstBank Powers Collaboration To Drive Financial Inclusion

No Result
View All Result

Recent Posts

  • ‘The Future Bows to Those Who Dare,’ Zenith MD, Umeoji Tells 300 Girls
  • Alpha Morgan Bank Moves Head Office to Lagos, Signals Growth
  • Awoniyi Family Unveils Funeral Arrangements for 83-Year-Old Matriarch
  • Zenith Bank To Boost Opportunities for Girl-Child with Maiden Empowerment Programme
  • FirstBank To Host, Sponsor West Africa International Banking Dialogue & Awards Gala 2026

Get the latest news on the go!

Enter your email address

© 2025 TheConscience NG

TheConscience NG

  • About
  • Contact Us
  • Privacy-Policy
  • Terms and Conditions
  • TheConscienceNg.com | Breaking & Verified Nigerian News on the go!

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
X
Subject:
Message:
Ajax loader
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech

© 2025 TheConscience NG

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Share with friends
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share
%d