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Economy

Jigawa Univarsity Secures TETFund’s N1bn Fund For Innovation Hub/Park

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Jigawa Univarsity Secures TETFund’s N1bn Fund

Jigawa Univarsity Secures TETFund’s N1bn Fund For Innovation Hub/Park

Jigawa Univarsity secures TETFund’s N1bn fund for innovation hub/park. Mr Sabo noted that the project aimed to make students of the institution self-reliant.

The Federal University, Dutse, Jigawa State has secured a special intervention of N1 billion from the Tertiary Education Trust Fund (TETFund), for the establishment of an innovation hub and park in the institution.

This is contained in a statement by the university’s Director of Public Affairs, Abdullahi Yahaya-Bello, in Dutse on Friday.

Mr Yahaya-Bello quoted the university’s Vice-Chancellor, Prof. Abdulkarim Sabo, as saying that the institution was one of the few selected universities that would benefit from the significant initiative by TETFund.

Mr Sabo noted that the project aimed to make students of the institution self-reliant and equip them to become potential employers in their respective fields.

He added that the innovation hub would promote a culture of innovation, creativity and entrepreneurship among students, thereby enhancing economic growth and human capital development in Nigeria and beyond.

According to him, the hub will comprise a product design laboratory, where ideas evolve into tangible solutions, blending creativity with technical expertise, as well as a three dimensions (3D) printing laboratory, a haven for innovators, designers and engineers who seek to transform concepts into three-dimensional reality.

The vice chancellor also said that the laboratory would be equipped with cutting-edge 3D printing technology and an array of digital sculpting tools.

He added, “The hub will also have a software laboratory, a space for coding, experimentation and technological advancement, which will be equipped with the state-of-the-art hardware and software resources.

The software laboratory will provide an environment where software engineers can dive deep into coding, testing and refining digital products and services.’’

The VC further listed leathercraft workshop which will provide opportunity to explore the rich world of leatherwork and bring artistic vision to life and bio-technology laboratory as part of the hub.

He stated, “We will also have electronics laboratory, textile and fashion design workshop, upcycling and recycling workshop, where waste items will find a second chance as they are repurposed into functional and valuable items, as well as eco laboratory.

“The eco laboratory will focus on tackling environmental challenges through upcycling, recycling, sustainable architecture, advanced materials and circular economy principles, and will serve as a hands-on space for research, collaboration and innovation, transforming ideas into impactful ecological solutions.

Also among the innovations are refrigeration and air-conditioning (RAC) laboratory, which is going to be a dynamic workstation where the mechanisms behind are dissected for better understanding and improvement with aid of stimulators and demonstrators. With modern equipment and stimulation tools, this laboratory will empower innovators to develop RAC systems and devices.’’

Jigawa Univarsity Secures TETFund’s N1bn Fund

Jigawa Univarsity Secures TETFund’s N1bn Fund

The vice chancellor further explained that on completion of the project, the university would become an environment that would bring together exceptional talent and skilled professionals among staff, students and the public.

He said this would be through providing access to mentorship, expert guidance, networking opportunities, and state-of-the-art technology; each of which would be essential for turning innovative ideas into reality.

Economy

Lagos Assembly Strongly Seeks Suspension Of Makoko Demolition

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Lagos Assembly

Lagos Assembly Strongly Seeks Suspension Of Makoko Demolition

Lagos assembly strongly seeks suspension of Makoko demolition. The Lagos state house of assembly has called for the suspension of demolition activities in Makoko, Oko-Agbon and Shogunro waterfront communities following protests by displaced residents and growing public concern over the exercise.

The call was announced on Tuesday by Noheem Adams, chairman of an ad hoc committee set up by Mudashiru Obasa, speaker of the house, during a stakeholders’ meeting held at the Lateef Jakande auditorium.

Adams called on all state ministries to cease demolition work and promised compensation to the affected residents.
“On behalf of the speaker and all 40 members of the house, we are directing that all demolitions in Makoko, Oko-Agbon, and Shogunro communities should stop from today until further notice,” New Telegraph quoted Adams as saying.

He called for transparency by demanding the full list of taskforce members and the criteria used for engagement, insisting that residents must be actively involved in the process.

“That the taskforce that was constituted, we want to see the list of the taskforce because we want the residents to be duly involved and to be carried along. So we want to have the schedule of those task forces and the criteria for those that we are inviting,” Adams added.

Lagos Assembly

Lagos Assembly

“To the residents of Makoko, Oko-Agbon and Shogunro communities, as your representatives, we are giving you all assurances that they will stop demolitions henceforth and there will be compensations for all those whose properties have been demolished.”

Stephen Ogundipe, member of the ad-hoc, said there is need for clear communication, adding that residents targeted for relocation or redevelopment must be informed of the government’s plans in advance.

Babatunde Olajide, special adviser to governor of Lagos on E-GIS and urban renewal, confirmed that $2 million had been earmarked since 2021 to transform Makoko into a modern, internationally compliant water city.

He said enumeration of affected properties is underway and reiterated the administration’s commitment to handling the situation with a human face, prioritizing resident safety and fair compensation.

Yusuf Sagra, baale of Makoko, described the assembly’s decision as a “word of peace,” while Orioye Ogungbure, another leader of the community, praised the “democratic responsiveness” of the government.

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Crime

EFCC Arrests Kannywood Star, Samha Inuwa for Alleged Naira Mutilation In Viral Video

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EFCC Probes Man

EFCC Arrests Kannywood Star, Samha Inuwa for Alleged Naira Mutilation In Viral Video

EFCC arrests Kannywood Star, Samha Inuwa for alleged naira mutilation in viral video. The Kano Zonal Directorate of the Economic and Financial Crimes Commission, EFCC,   on Tuesday, February 3, 2026  arrested a Kannywood Star, Samha Inuwa over alleged Naira mutilation.

Inuwa was arrested following a viral video circulated on social media platforms where she was seen conspicuously cleaning mucus from her nose using Naira notes.

EFCC Probes Man

EFCC

Following the release of the viral video, the Commission swung into action by tracing and subsequently arrested her to answer questions.
She is currently being held at the Commission’s detention facility while investigation is ongoing.

The suspect will be charged to court upon conclusion of investigations.

Dele Oyewale
Head,  Media & Publicity
February 3, 2026

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Economy

Access Bank Gets New Board Chair Ifeyinwa Osime

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National Bank Of Kenya

Access Bank Gets New Board Chair Ifeyinwa Osime

Access Bank gets new board chair Ifeyinwa Osime. Access Bank Plc has appointed Ifeyinwa Osime as chair of the board of directors, following the retirement of Paul Usoro, on January 29.

Access Bank Plc has appointed Ifeyinwa Osime as chair of the board of directors, following the retirement of Paul Usoro, on January 29, according to a statement to the Nigerian Exchange Ltd. on Monday.

Ms Osime, a legal practitioner, joined Access Bank’s board in November 2019 as an independent non-executive director and had chaired its Human Resources and Sustainability Committee and the Governance, Nomination, and Remuneration Committee. This role made her contribute significantly to the bank’s corporate governance, leadership development, and sustainability initiatives.

Additionally, Ms Osime is a director at Ebudo Trust Ltd. and a partner at McPherson Legal Practitioners, where she advises on corporate and commercial matters and contributes to strategic leadership.

She is also a member of the Nigerian Bar Association, the Women Corporate Directors, Nigeria Chapter, and the Chartered Institute of Directors, Nigeria, where she serves on the Executive Committee of the Women Sectoral Group.

National Bank Of Kenya

Access Bank Gets New Board Chair Ifeyinwa Osime

Beyond her professional responsibilities, Ms Osime is committed to mentoring youths and is actively involved in the Autism and Developmental Delays Support Community, reflecting her dedication to inclusion and social impact.
Speaking on her appointment, the group chairman, Aigboje Aig-lmoukhuede, said, “Mrs Osime is a principled and experienced leader with a deep understanding of the Bank’s strategy and values.

“She has demonstrated strong commitment to the bank’s vision and mission, and I am confident that, under her leadership, the bank will continue to advance its strategic objectives of delivering sustainable value to shareholders and other stakeholders in the pursuit of its vision to become the world’s most respected African bank.”

Mr Aig-lmoukhuede also congratulated Mr Usoro on the completion of his tenure and on his exemplary leadership, dedication, and significant contributions to the group, saying he remains a valued member of the Access family.

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