In a unanimous decision, members of the Lagos State House of Assembly on Monday evening passed a vote of confidence on the speaker, Rt. Hon. Mudashiru Obasa with a promise to support his leadership of leadership of the ninth legislative session.
The lawmakers took turn to eulogise the speaker, reeling out some achievements he had either personally conceptualised or supported and guided the House to see through.
The lawmakers explained that the decision to pass the vote of confidence on the speaker was borne out of the fact that he has continued to hold the state legislative arm as one, which according to them, has made the Assembly a reference point to other state Houses of Assembly.
Raising a motion under ‘Matter of urgent public importance’, Hon. Tunde Braimoh, member representing Kosofe Constituency 2 in the House, noted that it was right to commend Obasa for providing the opportunity for members of the House to raise their shoulders high among their colleagues in other states of the federation.
Braimoh noted that in a society that is quick to condemn and not fast to commend, passing a vote of confidence on the speaker can be the least, especially judging by the way he has handled the affairs of the House so far.
“The new members are fully integrated because of trainings and mentorship from your leadership. Our regular constituency stakeholders meetings have always recorded huge successes.
“So many meaningful and impactful motions and bills have been initiated and passed under your leadership. You are also recognised in other states for you efforts at ensuring the independent of the legislative arm of government.
“We are being well led under your leadership and for these reasons, I want to move that we pass a vote of confidence on the speaker as a purposeful leader,” Braimoh said.
In his contribution, Hon. Abiodun Tobun representing Epe Constituency 1, commended the speaker for his courage adding that his experience in legislature had shown that no weakling can lead a parliament.
He recalled how the House had faced intimidation and muzzling but that the speaker had always stood his ground at such situations ensuring that the Assembly is never ridiculed.
Commenting on the motion, the majority leader of the House, Sanai Agunbiade, noted that through the speaker, the House has recorded many achievements.
“I stood here weeks back to talk about the achievements of the executive arm and this is because we are a supportive legislature. It wouldn’t have been possible without a good leadership.
“Your time has been very impressive and we ask for more from you because the reward for good work is more work,” Agunbiade added.
While Hon. Yinka Ogindimu representing Agege Constituency 2, stated that Obasa had been a blessing to the Assembly and that he had done a lot as the speaker of the House.
Hon. Fatai Mojeed (Ibeju Lekki 1) recalled that few weeks ago, the people of Lagos State celebrated the achievements of Governor Babajide Olusola Sanwo-Olu, adding that this was made possible because of the activities of the House.
He recalled that Speaker Mudashiru Obasa initiated Lagos Neighbourhood Safety Commission (LNSC), which he said has made the state safe.
The Deputy Speaker of the House, Hon. Wasiu Sanni-Eshinlokun, who also spoke on the matter, said that he aligned with all the accolades being showered on the speaker.
Eshinlokun attested that the Lagos State House of Assembly was doing very well in the 9th Assembly, adding that this rubbed off on the speaker of the House.
The Deputy Majority Leader of the House, Hon. Olumuyiwa Jimoh commended the Speaker for the anti-kidnapping law, LNSC Law and the Yoruba compulsion law.
Jimoh stated that Obasa had done well as a lawmaker and Speaker, and that “I join my colleagues to pass a vote of confidence on you.”
In his comments, Hon. Rotimi Olowo (Shomolu 1) said that he could attest to Speaker Obasa’s administrative acumen, and that he had done a lot to make the lawmakers feasible in their constituencies.
“The training you exposed us to have also improved us as members of the House. The movement of Lagos State to the next level has also shown your good leadership style.
“You always want to ensure that Lagos State is not enmeshed in debts. You have sponsored bills and motions through proxies in the House. You are a selfless man as you ensure that you defended the autonomy of both the legislature and the judiciary.
“You even discussed this with President Muhammadu Buhari. You are a self made man, you are a selfless man and a great man,” he stated.
Responding, Obasa thanked the members for their comments.
Obasa stressed that all what the lawmakers had said would not have been possible without their support.
“You have been able to sustain the House as being above common standard of excellence. In the past, people used to come to the Assembly once, but now people have been coming twice, three times, four times and even five times.
“It means we have all been doing well which is why people have been returning us.
“We have contributed a lot to the the development of democracy. I want to urge you all to continue to do your best for the state,” he said.
The Speaker thanked all those that had been pointing his attention to areas of importance including the staff of the Assembly, and promised to continue to protect the interest of the lawmakers and that of the Assembly generally.
Photo News from ongoing Russian-African Summit in Sochi, Russia,
In a bid to support the nation’s economic drive, the Management of Heritage Bank Plc joined other Corporates and government agencies to brainstorm on the way forward for the African continents.
R-L: Wale Tinubu, Group Chief Executive, Oando Plc; Timi Alaibe, Non-Executive Director, Heritage Bank Plc; Chris Oshiafi, Group Managing Director of Pan African Capital Holdings; Ifie Sekibo, MD/CEO, Heritage Bank and Demetrios Halios, President/CEO of Halios Capital, at the ongoing Russian-African Summit in Sochi, Russia, yesterday.
LEKKI SEAPORT: CHINESE INVESTOR INJECTS $629 MILLION TO COMPLETE PROJECT
…Sanwo-Olu Witnesses Agreement Signing, Says Development A Major Milestone
In 30 months, Nigeria’s first deep seaport will be delivered in Lekki – a coastal community in the nation’s commercial nerve-centre – Lagos State.
On Wednesday, Governor Babajide Sanwo-Olu witnessed the signing of four agreements with China Development Bank (CDB), including $629 million financing facility, to accelerate the completion of the Lekki Deep Seaport project, which started in 2011.
The loan was secured from the Chinese bank after China Harbour Engineering Company (CHEC), which owns majority shares in the project, signed a 45-year concessionary agreement with Lekki Port LFTZ Enterprise Limited (LPLTZ) to complete the Phase 1 of the deep seaport project.
After completion, the deep seaport would have two container berths of 680-metre long and 16.5-metre water depth. It will also have the capacity to be berthed by fifth generation container ships, which has a capacity of 18,000 TEU ship.
Governor Sanwo-Olu described the development as “another milestone” for the State in infrastructural development and commerce, saying the signing of the agreements ended period of uncertainty that had trailed the delivery of the project. He noted that the completion of the project would invigorate the Lagos economy and push it up in the index of largest economy in the world.
He said: “This is a new beginning for us in Lagos. We have achieved another milestone in our efforts to transform the State and accomplish the 21st century economy ambition. As a Government, we are fully in support of the project. We will do all we can to ensure the terms of the agreements signed today are delivered within 30 months as agreed and we expect the outcome would catalyse Lagos’ fifth largest economy and take it up more in the index of largest economies in years to come.”
In the coming weeks, the Governor said more trade agreements would be signed with foreign investors, adding that his administration would continue to explore investments and partnerships that would accelerate growth and benefit residents of the State.
Chairman of Lekki Port Board of Director, Mr. Biodun Dabiri, noted that the development of the seaport was strategic for the growth of Lekki Free Trade Zone, pointing out that it would make “immense impact” on the nation’s economy by creating more than 200,000 jobs and generating about $350 billion in revenue for the State over the period of the concession.
He said: “The loan facility represents a significant milestone, which when combined with foreign direct investment of $230 million through equity injection by CHEC, will ensure a successful delivery of the seaport and reposition Nigeria as the transshipment hub in sub-Saharan Africa upon the conclusion of the second phase.
“The project is strategic for the economic growth of Lekki Free Zone, as it would support the massive industrial and petrochemical complex being embarked on in the Northern and Southern quadrant of the zone with investment over the next three years peaking at over $20 billion.
With Lekki Airport in view, there will be an emergence of a Harbour City which would be internationally connected by air and also with world-class integrated transport network of roads, rail and bridges.”
Dabiri said the concessionary agreements had the support of both the Federal and the Lagos governments, observing that the investors agreed with the terms and conditions laid down by the Nigeria Port Authority (NPA) and Lekki Worldwide Investment.
CHEC Chairman, Mr. Lin Yichong, said the Chinese engineering firm took interest to invest in the deep seaport to enable Nigeria strengthen its maritime infrastructure and business by building the first deep seaport that would ease of pressure at Tin Can Island and Apapa ports.
The Phase 1 of the project, Yichong said, will be built with annual handling capacity of 1.2 million TEU, adding that the capacity would be increased to 2.5 million TEU upon the completion of the second phase.
He said: “After the completion of the Lekki port, it would become the first deep seaport in Nigeria and the container transportation hub in Africa. It would also release big pressure off Apapa and Tin Can Island ports. In the course of the construction of the project, it is expected that a huge number of employment opportunities would be generated for residents of Lagos.”
CDB Deputy General Manager, Mr. Zhang Aijun, said the bank approved the loan facility, given the strategic importance of the project to Lagos’ economic growth. He said the bank considered the investment as basis for expanding its business in Nigerian and contributing to the development of the nation.
Managing Director of Tolaram Group in Africa, Mr Haresh Aswani, hailed Lagos Government for supporting the project since the beginning, adding that the completion of the deep seaport would change narrative of foreign partnerships with the government of Nigeria.
The highpoint was the signing of the four agreements, which was witnessed by the Oba of Lagos, Rilwan Akiolu, Consul General of Chinese Embassy in Lagos, Mr. Chu Maoming, and representatives of key stakeholders in the project.
Other agreements signed by the CDB, CHEC and LPLEL include Completion Agreement, Sponsor Support Agreement and Tripartite Keep Well Agreement.
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