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

Speaker Obasa Calls for Urgent Attention on Economy

October 1, 2021
What Nigerians Should Expect As Hormuz Reopening Triggers Oil Prices Drop

FEATURE! What Nigerians Should Expect As Hormuz Reopening Triggers Oil Prices Drop

April 18, 2026
Lagos NSCDC Busts ‘Baby Factory’ in Badagry, Rescues 28 Victims

Lagos NSCDC Busts ‘Baby Factory’ in Badagry, Rescues 28 Victims

April 18, 2026
CGC Adeniyi Receives NIJ Fellowship, Pledges Multimedia Centre to Boost Training Capacity 

CGC Adeniyi Receives NIJ Fellowship, Pledges Multimedia Centre to Boost Training Capacity 

April 17, 2026
FirstBank Partners Ekiti on SMEs, Innovation Enterprise Fund, Reserves 40% for Female

FirstBank Partners Ekiti on SMEs, Innovation Enterprise Fund, Reserves 40% for Female

April 17, 2026
Ecobank Adire Lagos Experience Returns in June

Ecobank Adire Lagos Experience to Return in June, Targets Pan‑African Cultural Exchange

April 17, 2026
Guinness Nigeria Holds 75th AGM Amidst Shareholders Nod

Guinness Nigeria Holds 75th AGM Amidst Shareholders Nod

April 17, 2026
World Malaria Day 2026: Why Nigeria Must Embrace Rapid Testing

World Malaria Day 2026: Why Nigeria Must Embrace Rapid Testing

April 17, 2026
Fidelity Bank Supports Inmates Welfare With Donations to Enugu Custodial Centre

Fidelity Bank Supports Inmates Welfare With Donations to Enugu Custodial Centre

April 17, 2026
OICL, Elektron Partner on 50MW Power Project

OICL, Elektron Partner on 50MW Power Project to Boost Lagos Industrial Output

April 16, 2026
JAMB 2026 CBT: Lagos CP Deploys Police Personnel, Orders Comprehensive Security in Centres

JAMB 2026 CBT: Lagos CP Deploys Police Personnel, Orders Comprehensive Security in Centres

April 16, 2026
“Give Her Power” Initiative Moves to Ogun, As Fidelity Bank Empowers 100 Women with Vocational Tools

“Give Her Power” Moves to Ogun, As Fidelity Bank Equips 100 Women with Vocational Tools

April 16, 2026
FCID Lagos Annex, US Experts Partner to Strengthen Officers Capacity in Cryptocurrency Crime Investigation

FCID Lagos Annex, US Experts Partner to Strengthen Officers Capacity in Cryptocurrency Crime Investigation

April 16, 2026
Breedjr Hits $4M Payouts, Unveils Upgraded Crypto-to-Naira Settlements

Breedjr Hits $4M Payouts, Unveils Upgraded Crypto-to-Naira Settlements

April 16, 2026
An Unvoted Council of Overlords: A Caution for GAC

An Unvoted Council of Overlords: A Caution for GAC

April 16, 2026
FirstBank Partners Ekiti on SMEs, Innovation Enterprise Fund, Reserves 40% for Female

FirstDiaspora: Managing Finances Abroad Made Easy with FirstBank

April 15, 2026
One Universe Unveiled to Connect Professionals With Customers 

One Universe Unveiled to Connect Professionals With Customers 

April 15, 2026
Tuesday, April 21, 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:  Reps Demand Swift Justice To Discourage Gender-Based Violence

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

What Nigerians Should Expect As Hormuz Reopening Triggers Oil Prices Drop
News

FEATURE! What Nigerians Should Expect As Hormuz Reopening Triggers Oil Prices Drop

by TheConscience NG
April 18, 2026
CGC Adeniyi Receives NIJ Fellowship, Pledges Multimedia Centre to Boost Training Capacity 
Champions

CGC Adeniyi Receives NIJ Fellowship, Pledges Multimedia Centre to Boost Training Capacity 

by TheConscience NG
April 17, 2026
FirstBank Partners Ekiti on SMEs, Innovation Enterprise Fund, Reserves 40% for Female
Business

FirstBank Partners Ekiti on SMEs, Innovation Enterprise Fund, Reserves 40% for Female

by TheConscience NG
April 17, 2026
Ecobank Adire Lagos Experience Returns in June
News

Ecobank Adire Lagos Experience to Return in June, Targets Pan‑African Cultural Exchange

by TheConscience NG
April 17, 2026
Fidelity Bank Supports Inmates Welfare With Donations to Enugu Custodial Centre
News

Fidelity Bank Supports Inmates Welfare With Donations to Enugu Custodial Centre

by TheConscience NG
April 17, 2026
OICL, Elektron Partner on 50MW Power Project
News

OICL, Elektron Partner on 50MW Power Project to Boost Lagos Industrial Output

by TheConscience NG
April 16, 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

  • FEATURE! What Nigerians Should Expect As Hormuz Reopening Triggers Oil Prices Drop
  • Lagos NSCDC Busts ‘Baby Factory’ in Badagry, Rescues 28 Victims
  • CGC Adeniyi Receives NIJ Fellowship, Pledges Multimedia Centre to Boost Training Capacity 
  • FirstBank Partners Ekiti on SMEs, Innovation Enterprise Fund, Reserves 40% for Female
  • Ecobank Adire Lagos Experience to Return in June, Targets Pan‑African Cultural Exchange

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