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Operation Save The Naira: Lagos Speaker Faults Religious Pilgrimages, Seeks Regulation.

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Speaker of the Lagos State House of Assembly, Mudashiru Obasa has urged the government to regulate religious pilgrimages as they attract undue interest in dollars and put pressure on the naira. 

 

 

According to him, this action could be sustained until the naira stabilises.

 

 

The admonition was made on the floor of the House when, while the Lagos State House of Assembly decried the continued downward slide in the value of the naira against the dollar, it also suggested measures that could be applied to tame the trend.

 

 

 

As at yesterday a dollar hovered between N1,474 and N1,500 and the lawmakers, at plenary, advised the federal government and the Central Bank of Nigeria CBN on some bold steps to take so as to shore up the value of the naira.

 

 

Part of the resolutions by the House was that the federal government should come up with a mechanism to reduce foreign trips for seminars and conferences by ministries and agencies adding that this should apply to states.

 

 

While stressing the need to strengthen security across the nation, the House also called on the CBN “to embark on sensitisation of Nigerians on the steps being taken by the apex bank to reduce the pressure on naira while informing on the expected roles of Nigerians at this time.”

 

 

The Assembly urged that depositors of dollars in banks can be engaged for an acceptable arrangement where such funds can be utilised by the government to help reduce pressure on the naira.

 

 

Speaker of the House, Rt. Hon. Mudashiru Obasa, who presided over the sitting, lamented the disparity between the dollar and naira while commending the CBN for taking some measures with the hope that such actions would yield positive results.

 

 

Dr. Obasa, who further commended the National Assembly for inviting the CBN governor for discussion recently, said: “In my opinion, the CBN and government should embark on sensitisation and information dissemination to make people understand what the government is doing.

 

 

The pressure on the naira is too much, but the CBN should make sure that national interest is supreme.”

 

 

Obasa urged the government to regulate religious pilgrimages as they attract undue interest in dollars and put pressure on the naira. According to him, this action could be sustained until the naira stabilises.

 

 

“To save the naira, the federal government and states can stop foreign conferences and seminars. If possible, we can bring the resource persons to Nigeria to deliver their lectures.

We all need to look inward to support the government.

 

 

“Locally, some people in Nigeria doing businesses demand dollars instead of naira. Even at parties now, you see people spray dollars instead of naira. We need a way out and to do this, we need the support of citizens. That’s the essence of sensitisation.

 

 

Speaking earlier under ‘Matter of Urgent Public Importance’, Hon. Femi Saheed (Kosofe Constituency 2), said the current naira-dollar disparity is the direct consequence of the policies of the Godwin Emefiele-led CBN.

 

 

According to him, the naira will gain strength if measures including fixing the nation’s refineries, strengthening the education and health sectors are taken.

 

 

“I think the current CBN governor should work on moral suasion to get people to pull out the dollars in their domiciliary account,” he said.

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World Environment Day- OGWAMA Warns against  Indiscriminate  Waste. Dump

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As the world celebrate this year’s World Environment Day today,the Ogun State Waste Management  Authority OGWAMA as urged residents of the States to keep their environment clean and stop indiscriminate dumping of waste in public places and imbibe proper waste disposal.

Special Adviser to the Governor and Managing Director of the Ogun State Management Authority OGWAMA, Honorable Farouk Akintunde stated this in a statement to mark the 2026 World Environment Day.

He said indiscriminate dumping of waste in public and unauthorized places breeds untidy, unhealthy environment which are inimical to public safety and retard economic growth of the society.

Akintunde also advised them to imbibe proper waste disposal by patronizing Waste PSP assigned to their immediate community for proper waste disposal for just a token instead of them to use the cover of the night to dump them in discriminately on the median,roadsides and public places which he says deface the aesthetic beauty of the State.

‎ “Ogun state residents are known as clean and fun-loving people.We should not allow few of us to dent our pride through their untoward attitudes and behaviors,so when we see them dumping indiscriminately in our environment we should say  something”

‎  “We will on our part continue to do our best in terms of proper waste  management through sensitization and advocacy as we urge all residents to containerize their waste for easy collection by government accredited PSP”

‎”For industries domiciled in the state, let me remind them of the need to allow government accredited PSP assigned to them to perform their statutory duties instead of patronizing illegal PSP which will attract sanction when they are caught by our enforcement team as OGWAMA will not allow them  to turn the state to dumpsites for illegal industrial waste some of which are not environmentally friendly” Akintunde added.

 He did not forget to remind all residents of the State that Ogun State Waste Management Authority will step-up it enforcement activities in all nooks and crannies of the state to maintain a clean,safe and healthy environment .

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International News

Barca Transfermarket Values: Raphinha, 8 Others Drop, 3 Players Rise

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June 5th, Transfermarkt updated. The new market values of Barcelona players. Three players increased and nine decreased, with Raphinha dropping by 10 million to 70 million euros.

 

Increase (Euros)
Joan-Garcia increased by 5 million to 45 million

Eric-Garcia increased by 5 million to 40 million

Gerard-Martin increased by 10 million to 35 million

Decrease (Euros)
Raphinha decreased by 10 million to 70 million

Kounde decreased by 5 million to 60 million

Balde decreased by 5 million to 50 million

De Jong decreased by 10 million to 35 million

Casado decreased by 2 million to 18 million

Christensen decreased by 1 million to 8 million

Cancelo decreased by 1 million to 8 million

Lewandowski decreased by 1 million to 7 million

Szczesny decreased by 100,000 to 800,000

Unchanged (Euros)
Yamal 200 million

Pedri 150 million

Fermin 100 million

Cubarsi 80 million

Olmo 60 million

Ferran Torres 50 million

Rashford 40 million

Gavi 30 million

Bernal 30 million

Araujo 20 million

Bardghji 15 million

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Entertainment

Singer Niniola Laments Husband’s Death

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Singer Niniola Apata has opened up about her late husband, Michael Ndika, and the central role he played in her music career and personal life.

 

Speaking in a video at a gathering held in his honour, Niniola recounted how their relationship shaped her growth as an artist and as a person.

Ndika, CEO of African music platform NaijaReview, died on May 19, 2026 at 44.

She said he was her strongest supporter from day one even when she considered stepping away from music, he pushed her to continue.

According to her, Ndika believed in her talent and vowed to make her a star.

Niniola described their bond as inseparable, stressing how he was part of her daily routine and her main source of emotional support. Since his death, she said, her life has changed completely.

She thanked his family for embracing her and admitted that coping with the loss has been hard.

Reflecting on their marriage, she called it a love story.

She said Ndika gave her everything and lived for her and while she was the face and voice of her brand, he was the engine behind it.

She said: “My story with Michael is a love story. Michael did everything for me. Everything was for me, he was breathing for me. He loved me, I loved him so much. And I learned so much from Michael. But Michael met me raw, and he said, I’ll make you a superstar.’ And he did. I was just the face and the voice, but Michael was the engine.

“Even when I decided to, you know, give music a break, he didn’t let it. The first person I saw in the morning was Michael. And the last person who closed my eyes at night was Michael. So now what do I do? Tell me, what do I do? Michael was the best thing, the best person that ever happened to me.”

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