Economy
Speaker Abbas Tajudeen Strengthen Commitment To Electoral, Economic, Security Reforms
Speaker Abbas Tajudeen Strengthen Commitment To Electoral, Economic, Security Reforms
Speaker Abbas Tajudeen strengthen commitment to electoral, economic, security reforms. Mr Tajudeen stated that in the coming months, the constitutional amendment process will also receive the necessary attention.
The speaker of the House of Representatives, Abbas Tajudeen, has pledged the parliament’s commitment to champion reforms in the electoral, economic, and security sectors of the country.
Mr Tajudeen said this in his welcome remarks at the resumption of plenary in Abuja on Tuesday.
He said that the responsibilities before the house were substantial, as Nigerians looked to the house for more and expected deliberate action that would improve their daily lives.
“We must also finalise electoral reforms well ahead of the 2027 general elections.
”The Electoral Act Amendment Bill seeks not only to strengthen measures against violence, improve access for persons with disabilities, and establish clearer timelines for resolving disputes, but also to reduce the ambiguities that trailed the last elections.
“Our goal is to make elections less contentious and litigious, lower their cost through single-day voting, and make the process of party primaries more democratic and inclusive.
Related constitutional changes include provisions for an Electoral Offences Commission. Our goal is to produce a new Electoral Act that stands the test of time,” he said.
Mr Tajudeen said that the ‘Renewed Hope Agenda’ of President Bola Tinubu has pursued reforms to stabilise the economy, enhance security, and attract investment.
According to him, these efforts require a legislature that provides rigorous oversight, crafts sound laws, and engages constructively with all arms of government.
He stated that while progress had been made, Nigerians continued to face high living costs, underemployment, and insecurity in certain areas.
The speaker stated that the challenges presented opportunities to implement targeted legislative actions and foster ongoing engagement, thereby creating a brighter future for all.
Mr Tajudeen stated that in the coming months, the constitutional amendment process will also receive the necessary attention.
According to him, 87 proposals concerning devolution of powers, local government autonomy, judicial reform, and socio-economic rights await debate and voting. He said that the house must now complete voting and transmit the approved amendments to the state assemblies before the end of December to enable early concurrence ahead of the election period.
The speaker stated that the Reserved Seats Bill for women will also receive priority attention, as fewer than five per cent of seats in the National Assembly are currently occupied by women. He explained that the bill proposes creating additional seats to be contested exclusively by women without reallocating the current 109 seats in the Senate or the 360 seats in the House.
This arrangement preserves the mandate and aspirations of existing Members while expanding opportunities for women’s representation and helping Nigeria improve its poor global standing. I urge members to support this historic step, as per Mr Tajudeen.

Speaker Abbas Tajudeen
“We are all HeForShe in advancing gender inclusion, and how we vote on this bill will shape how history and our daughters remember us.
Security reforms remain a top priority. The debate on multi-level policing must move from theory to decisive legislative action. Creating state police through a constitutional amendment remains an option.
“At the same time, we must strengthen community policing by revising the Police Act, 2020. While Section 19 establishes Community Policing Committees and Section 33(1) vests recruitment in the inspector general of police, these provisions centralise too much authority and limit local responsiveness.
“We should consider devolving recruitment, training, and deployment of community police officers to states under federal oversight. This would give states a greater role in shaping their security architecture while preserving national standards and coordination,” he said.
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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