Obasa was impeached on January 13, 2025, by 35 out of 40 lawmakers over allegations of financial mismanagement, highhandedness, and dictatorship, leading to his replacement by then-deputy Mojisola Meranda.
The crisis prompted Tinubu to deploy a reconciliation panel, including Chief Bisi Akande and Aremo Olusegun Osoba, to mediate a peace deal. Under the reported agreement, Meranda resigned to allow Obasa’s return as Speaker, with the expectation that he would step down within 48 hours to enable the election of a new Speaker from Lagos West, as demanded by the aggrieved lawmakers.
However, after regaining his seat, Obasa was re-elected by his loyalists in the House, with Noheem Adams (Eti-Osa 1) nominating him and Nureni Akinsanya (Mushin 1) seconding the motion.
Barely a day later, Obasa’s attempt to hold a reconciliation meeting with the aggrieved lawmakers collapsed, as they accused him of betraying the agreed transition plan. The House has since gone on indefinite recess, with many lawmakers refusing to recognize his leadership.
Meanwhile, the Lagos APC has dismissed claims that Obasa was required to resign under the peace deal. Seye Oladejo, the APC state spokesperson, stated, “To the best of my knowledge, there was no time the arrangement for Obasa to resign was included in the terms of settlement. This entire struggle is about governance, and sacrifices were made to reach an agreement.”
Fresh Scandal Over ₦5 Billion Vehicle Purchase
Amid the ongoing leadership tussle, a new controversy has emerged regarding the procurement of official vehicles for lawmakers, further fueling tensions within the Assembly.