Sunday, November 24, 2024

Lagos 2027 Guber race heats up as Obasa addresses succession speculations

Speaker of the Lagos State House of Assembly, Mudashiru Obasa, has dismissed claims he is pursuing a governorship bid, instead emphasizing his dedication to strengthening the ruling party.

Speaking after Governor Babajide Sanwo-Olu presented Lagos’ N3.01 trillion 2025 budget on Thursday, Obasa said his focus remains on mobilizing grassroots support. “My commitment is to build the party under the Mandate platform, not personal ambitions,” he said.

Obasa refuted allegations linking him to high-profile Lagos families to bolster his credentials. “I don’t need local validity to contest; my track record and Agege roots are enough if I decide to run,” he asserted.

READ MORE: Sanwo-Olu’s N3tn ‘Budget of Sustainability’ Targets Infrastructure, Education, and Social Inclusion

The budget, tagged the “Budget of Sustainability,” allocates N1.24 trillion (41%) to recurrent expenditure and N1.77 trillion (59%) to capital projects. Sanwo-Olu stated that total revenue is projected at N2.6 trillion, with a deficit of N409 billion.

Obasa commended the budget, acknowledging the economic challenges faced by Nigerians but urging optimism as President Bola Tinubu’s policies aim to stabilize the nation.

Political Landscape Heats Up

As Lagos looks toward 2027, Obasa joins the growing list of potential candidates, including Deputy Governor Obafemi Hamzat, Senator Tokunbo Abiru, and former House Speaker Femi Gbajabiamila.

Reports highlight Obasa’s grassroots influence and alignment with the Mandate Group as significant strengths. While names like Abiru and Gbajabiamila boast corporate and national ties, analysts note Obasa’s community connections position him as a formidable contender.

Hot this week

The Physiology of Transformative Leadership and Its Impact on a Failing Nation

Kingsley Enwelim Nwanze In an era marked by rapid change...

Food Insecurity in Nigeria Leaves Families Borrowing to Eat – NBS Report

Nearly one in five Nigerian households, or 20.8%, have...

Nigeria Leads Africa with 13.5% Rise in Student Enrollment at U.S. Universities: 7th in Global Rankings

The number of Nigerian students enrolling in U.S. colleges...

Football Powerhouses and New Contenders Set for TotalEnergies CAF Africa Cup of Nations 2025

Football's biggest stars and emerging contenders are set to...

Tinubu Arrives in Brazil for G20 Summit, Focused on Global Challenges and Economic Reforms

President Bola Tinubu has arrived in Rio de Janeiro,...

World Leaders Finalize $300 Billion Annual Climate Aid for Developing Nations

World leaders at COP29 in Baku, Azerbaijan, have agreed...

Congo Landslide Claims Nine Lives, Devastates Families

A deadly landslide in eastern Democratic Republic of Congo...

One in Four Nigerians Dreams of Leaving Their Communities – NBS Report

Nearly a quarter of Nigerians aged 15 and above...

Food Insecurity in Nigeria Leaves Families Borrowing to Eat – NBS Report

Nearly one in five Nigerian households, or 20.8%, have...

Africa Instability Report: Economic Challenges Push Nigeria into ‘Vulnerable’ Category

Nigeria's stability has deteriorated sharply, with the nation now...

The Physiology of Transformative Leadership and Its Impact on a Failing Nation

Kingsley Enwelim Nwanze In an era marked by rapid change...

Sanwo-Olu’s N3tn ‘Budget of Sustainability’ Targets Infrastructure, Education, and Social Inclusion

Lagos State Governor Babajide Sanwo-Olu has presented an unprecedented...

African Union Secures Key Wins at Brazil-Led G20 Summit

The African Union (AU) celebrated significant progress at the...

Related Articles

Popular Categories