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Economy

Tinubu To Inaugurate Projects In Abia On October 3, Says Governor Otti

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Tinubu To Inaugurate Projects In Abia On October 3

Tinubu To Inaugurate Projects In Abia On October 3, Says Governor Otti

Tinubu to inaugurate projects in Abia on October 3, says Governor Otti. Mr Otti said that work had progressed on Abia Airport’s runways because the state government decided to handle it.

President Bola Tinubu is scheduled to visit Abia on October 3 to inaugurate several projects, including the reconstructed Port Harcourt Road in Aba, among others, Governor Alex Otti announced on Friday in Umuahia.

The governor, who spoke during the September edition of his monthly media chat entitled ‘Governor Alex Otti speaks to Abia people’, encouraged Abia people to come out en masse to receive the president.

The governor stated that his administration would soon commence the reconstruction of the Umuahia-Ikot Ekpene Road, adding that he had decided to embark on infrastructural projects due to their importance to the state’s development.

Mr Otti said that work had progressed on Abia Airport’s runways because the state government decided to handle it.
He, however, regretted that some landowners had not been paid, either due to the contractor’s mistake or the landowners’ inability to complete their documentation, leading to protests by some.

The governor stated that the contractor’s encroachment on the Nsulu indigenes’ land outside the designated land area had been rectified and promised that the other challenges would be addressed soon.

He said that his government would, in a few weeks, start engaging and deploying security personnel to protect state schools from vandalism, which is alleged to be perpetrated by suspected hoodlums.

On the issue of Nnamdi Kanu, Mr Otti stated that the state government has been engaging with federal authorities to ensure his release.

He said that some of the discussions on his incarceration, which all the South-East governors are part of, were not in the public domain to ensure the process gets the desired result.

Mr Otti explained that the state government ceased to invest in markets because the constitution has handed market management to local governments, and the state cannot interfere.

He said that, although the Abia government was reconstructing Ekeoha and Ariaria markets, noting that despite these investments, the markets are primarily owned by local governments.

Tinubu To Inaugurate Projects In Abia On October 3

Tinubu To Inaugurate Projects In Abia On October 3

On agriculture, Mr Otti said that Abia would invest more in growing rice, with the aim of becoming one of the highest producers in Nigeria, having recorded a high yield of 5 tonnes per hectare in the Owerrinta Rice pilot project.

He further stated that the state was undergoing massive rehabilitation of Abia State College of Education, Technical, Arochukwu, with the appointment of a new rector and board chairman.

He said that ASCETA was central to his reforms in the education subsector, being the only surviving state-owned college of education in Abia.

Mr Otti noted that he was renovating and expanding Aba prisons to reduce congestion and ensure they are transformed into a reformation centre, rather than a punishment centre.

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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