Economy
Flood: Ogun Tells Residents Of Isheri, Akute, Others To Move To Safer Places
Flood: Ogun Tells Residents Of Isheri, Akute, Others To Move To Safer Places
Flood: Ogun tells residents of Isheri, Akute, others to Move to safer places. The Ogun State Government has warned residents of communities adjoining the Ogun, Ilo, Iju, Owa, and Yemule rivers, such as Isheri, Warewa, Akute, parts of Abeokuta, Ayetoro, Itele, Iju, and those of the coastline of Makun, Oni, Iwopin, Igele, Ifaara (Ogun Waterside), Ebute-Imobi (Ijebu East), Tungeji Island, and Agosasa in Ipokia Local Government Area (LGA), to relocate to a safer environment.
This is due to the expected impact of overflow from rivers and sea water rise/tidal lock in their communities owing to expected high rainfall and arrival of flow from the northern part of the country and neighbouring nations like Benin to Ogun and Lagos State on the downstream.
That of the Ogun River may be compounded by the release of water from Oyan Dam, according to a statement on the midterm flood alert issued by the Ogun State Commissioner for Environment, Ola Oresanya. “That of the Ogun River may be compounded by the release of water from Oyan Dam,” he said.
According to him, the overflow, which will last for two weeks, usually happens as part of the second phase of flooding, which usually happens from September through November every year.
The commissioner added that the Nigeria Meteorological Agency (NIMET) has predicted that September will have the highest rainfall of 204mm, followed by October at 190mm, while by November the intensity of the rainfall would have gone down to 93mm.

Food
Oresanya assured the residents of these communities that the Ogun State government through its State Emergency Management Agency (SEMA) is on red alert in case of any emergency evacuation and relocation to temporary emergency camps spread across the state while the Ogun Ministry of Environment is also working closely with the Ogun-Osun River Basin Development Authority on the release of water from Oyan Dam to reduce its impact to the barest minimum.
He also urged residents in these communities to avoid the usage of their boreholes and well waters during this period, as they are subject to contamination due to the expected flooding and tidal variations.
The commissioner called on fish farmers farming on flood plains of rivers and streams statewide to harvest their fish to avert them being washed away by flood, while fish farmers at Eriwe, Yemule, both in Ijebu Ode, Ilase, and Ayegbami in Yewa are equally advised to heed the advice without further delay.
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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