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GAC members meet Obasa over proposed Lagos electricity law
A delegation of the Governance Advisory Council (GAC) has visited the Lagos State House of Assembly and held a meeting with the Speaker, Rt. Hon. Mudashiru Obasa.
The meeting which held behind closed doors on Thursday afforded a fruitful discussion concerning the proposed Lagos Electrification Agency Law which recently scaled second reading during plenary.
The GAC delegation at the meeting included Cardinal James Odumbaku, Sen. Anthony Adefuye, Otunba Henry Ajomale, Dr. Yomi Finnih, and Otunba Femi Pedro.
On Tuesday June 25, Dr. Obasa committed the bill to the Committee on Energy and Mineral Resources with a two-week mandate for the latter to report back to the House.
This was after lawmakers at the day’s sitting debated the pros and cons of the bill which targets to repeal the Lagos Electric Power Reform Law, 2018 to provide for the creation and administration of the Lagos Electricity Market.
The bill further seeks to establish a commercial and technical regulatory framework for the electricity market with the purpose of ensuring reliable and universal access to electricity for all residents of the State.
Also, the bill seeks to establish the Lagos State Electrification Fund for the delivery of reliable electricity supply to the underserved areas of the State.
Speaking about the bill, the chairman of the Committee on Energy and Mineral Resources, Hon. Sobur Oluwa, had said it was “very essential as it gives room for Lagos State to regulate its power supply and transmit electricity at its own pace.”
For every offence, there is a consequence, especially in a country where democracy exists and is being practiced to the satisfaction of the citizens.
Coup plot is a massive offence in today’s democratic world, where many civilians have resisted such practices in many countries in the world. This is the case of the former president and a close ally of the United States President, Donald Trump. Click to continue reading.
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
See the black market Dollar to Naira exchange rate for yesterday 11th September, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1530 and sell at N1550 yesterday 11th September 2025, according to sources at Bureau De Change (BDC). …CLICK LINK TO CONTINUE READING
The likelihood of former President Goodluck Ebele Jonathan entering the presidential race in 2027 is becoming increasingly apparent, particularly given the recent developments surrounding his potential candidacy.
Reports suggest that Jonathan is discreetly meeting with key political figures across the country, which adds to the anticipation surrounding his possible return to politics. Click link to continue reading.
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2025: Nigeria Missed Out As Ghana Other Meet Top 10 African Countries With Stable Power Supply Emerge
More questions have been raised over the incompetence of the power sector in the country as Nigeria as many African countries making significant strides in enhancing their power supply stability by investing in modern electricity transmission networks, advanced grid infrastructures, renewable energy sources, and natural gas.
Their diversification prevents disruption in their electricity distribution. Foreign collaboration and smart technology are also some of the positive factors that support these countries’ power sector. …click link for full list here
The Dollar to Naira exchange rate in the black market continues to highlight Nigeria’s forex supply challenges, with many individuals and businesses relying on the parallel market for transactions.
CBN maintains tighter controls and a lower rate at official windows, limited access and allocation restrictions force most importers, businesses, and students abroad to turn to the parallel market, where prices reflect actual demand and supply pressures. Click link to continue reading.
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
See the black market Dollar to Naira exchange rate for yesterday 10th September, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1530 and sell at N1545 yesterday 10th September 2025, according to sources at Bureau De Change (BDC). …CLICK LINK TO CONTINUE READING
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1525
Selling Rate N1535
Dollar to Naira (USD to NGN) CBN Rate Today
Highest Rate N1510
Lowest Rate N1506
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
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