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Economy

NIGCOMSAT Demands Effective Policy Implementation For Tech Advancement

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NIGCOMSAT

NIGCOMSAT Demands Effective Policy Implementation For Tech Advancement

NIGCOMSAT demands effective policy implementation for tech advancement. Nigerian Satellite Communication Limited has urged the government to ensure the effective implementation of policies aimed at advancing technology.

Nigerian Satellite Communication Limited has urged the government to ensure the effective implementation of policies aimed at advancing technology.

The technical adviser to the managing director of NIGCOMSAT, Tope Yusuf, spoke in an interview on Tuesday in Abuja on the sidelines of a media training for reporters and editors organised by NIGCOMSAT in Abuja.

According to him, it is equally important to ensure that these policies are not only well-designed but also effectively implemented.

“Nobody is going to wait for Nigeria. Nobody is going to wait for anyone. We also need to follow the technology. In order to do it, we need to have the right policy in place and also collaborate with relevant stakeholders. If we collaborate, I believe that we cannot get it wrong.

“Governments need to ensure that their policies are being ensured and they are being implemented so that we can allow our indigenous players, our indigenous citizens to have the right methods to ensure that they perform well and perform optimally,” Mr Yusuf said.

He said the local content provides an opportunity for local groups and manufacturers to participate in the country’s technological development.

Mr Yusuf said government agencies still patronised foreign satellites when Nigeria had its own.

According to him, technology is evolving rapidly, and Nigeria needs to keep pace with it by having the right policies in place and collaborating with stakeholders.

“Local content policy gives room to local development. It means that our local manufacturers, our local public, and our local researchers have been given the right of first refusal,’’ he said.

Mr Yusuf urged the government to prioritise the implementation of policies that would enable indigenous players to perform optimally and contribute to the country’s technological advancement.

“Nobody is going to wait for Nigeria,” he said, emphasising the need for the country to take proactive steps to drive its technological development.

NIGCOMSAT

NIGCOMSAT

According to Mr Yusuf, collaboration and effective policy implementation are key to Nigeria’s success in the technological space.
He called on the government to ensure that policies were not just enacted but also implemented effectively to achieve the desired outcomes.

Mr Yusuf said Nigeria’s communication satellite, NIGCOMSAT-1R, had been a vital tool in the country’s development, providing various services such as broadcast, broadband, navigation, and more.

“With 28 transponders, the satellite was launched on December 19, 2011, and has a lifespan of 15 years. The satellite’s applications are diverse, ranging from education to healthcare to economic growth.

“For instance, during the COVID-19 pandemic, NIGCOMSAT-1R enabled online learning, allowing students to access educational services remotely. In the healthcare sector, the satellite facilitates telemedicine, enabling doctors to provide medical services to patients in remote areas,’’ he said.

Mr Yusuf said NIGCOMSAT-1R had enabled financial services, such as point-of-sale transactions, to be provided in rural areas, promoting economic viability and job creation.

He also stated that the satellite had facilitated the provision of government services, such as NIN registration and passport applications, in rural areas.
“By leveraging satellite technology, Nigeria can continue to drive development and improve the lives of its citizens.

“The country’s communication satellite has been a vital tool in facilitating development, and its applications will only continue to grow in the future. Government should ensure that the right policy is put in place. Because policy is a driver,” Mr Yusuf said.

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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