Economy
Government Intensifies Efforts To Ensure Accuracy In Fuel, Service, Food Measurements
Government Intensifies Efforts To Ensure Accuracy In Fuel, Service, Food Measurements
Government intensifies efforts to ensure accuracy in fuel, Service, food measurements. He expressed the commitment of the present administration to protect the interest of consumers and the general public.
The federal government is intensifying efforts to ensure Nigerians get fair value for their money through accurate quantity measurements in goods and services.
The permanent secretary in the ministry of industry, trade and investment, Nura Rimi, said this on Wednesday in Abuja.
Mr Rimi, represented by Dafang Sule, the director of Federal Produce Inspectorate Service, said this when he led officials from the weights and measures department of the ministry on an inspection tour of some facilities within the city center.
Some of the facilities visited are the NNPC mega station and NNPC by Olusegun Obasanjo Way, Zone 1, Conoil, Gransquare, and the Arab Contractors site in Abuja.
Mr Rimi said the essence of the visit was to ensure the facilities maintained strict compliance with approved standards of measurement, for consumer protection and revenue generation for the government.
He expressed the commitment of the present administration through its Renewed Hope Agenda, to protect the interest of consumers and the general public.
“With all of these activities, the consumer has the right to receive what he pays for.
” At the same time, it is a strong base for revenue generation because the service is paid for, and the government derives enormous returns from it,” he said.
Also speaking, the director of weights and measures, Bamidele Olajide, said the surveillance was part of the department’s annual nationwide compliance exercise.
”This is our annual surveillance. We do it once in a year. And what we do specifically is to ensure that we do our function, we carry out our responsibility.
“Our aim is to protect consumers from being shortchanged. If a buyer pays for 20 litres of fuel, they must get exactly 20 litres. The same applies to food and industrial commodities.
” We also enforce compliance of the entities with government regulation such that the quantity of what you are giving to the public is accurate and specific,” Mr Olajide said.
According to him, most of the premises visited so far have shown substantial compliance to the required standards.
On the issue of standards in the oil and gas sector, Mr Olajide confirmed that efforts were ongoing to strengthen the department’s role under the Petroleum Industry Act (PIA).
He said this was being done with the support of the National Assembly and the secretary to the government of the federation.
“The Secretary to the Government of the Federation has directed that Weights and Measures return to the oil and gas sector to ensure that what is lifted corresponds to what is declared at the ministry,” he said.
Similarly, Muktar Salim, deputy director, surveillance, said that the department operated an open complaint system through its website and call centres.
Mr Salim encouraged consumers to report suspected cheating or inaccuracy in weighing or dispensing to the departments closest office for necessary actions.
“We want to ensure that a person paying for 50 tonnes gets exactly 50 tonnes. That is the core of consumer protection,” Salim said.
At the Arab Contractors site in Wuye, the project manager, Gamal Abdelrahman, commended the surveillance team for their professionalism.
Mr Abdelrahman confirmed that their weighing bridge had passed the test, though the operator’s certificate was due for renewal.
Similarly, the manager of the NNPC Filling Station along Olusegun Obasanjo Way, Zone 1, Isah Iyaji, also applauded the initiative and offered technical advice to CNG vehicle users.

Government Intensifies Efforts To Ensure Accuracy In Fuel
He advised motorists using CNG converted vehicles to ensure not to kick their vehicles with CNG except after driving for about 20 to 30 minutes.
” If you use a petrol for like 20 to 30 minutes, then you go back to CNG. That is the only time you can get the compress, the required pressure for it to drive, for your car not to be affected,” he said.
Officials also visited the butchery section and rice stalls at Grand Square Supermarket and Stores located in the Central Business District in Abuja, where items were weighed to ensure compliance with standard measures.
The ministry promised to continue to train operators of weighing equipment and enforce sanctions on defaulters as part of ongoing efforts to protect consumers and uphold trade standards across Nigeria.
Economy
Lagos Assembly Strongly Seeks Suspension Of Makoko Demolition
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
“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.
Crime
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
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
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
Economy
Access Bank Gets New Board Chair Ifeyinwa Osime
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.

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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