Economy
Wike Sets More Projects For Inauguration To Celebrate Tinubu’s Second Year
Wike Sets More Projects For Inauguration To Celebrate Tinubu’s Second Year
Wike sets more projects for inauguration to celebrate Tinubu’s second year. The minister added that the two interchanges on Wole Soyinka Way (N20) would also be inaugurated in May.
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has outlined some projects that will be inaugurated in May to celebrate President Bola Tinubu’s second year in office.
Mr Wike, after inspecting some of the projects in Abuja on Thursday, identified the Abuja International Conference Centre (AICC), being rehabilitated by Julius Berger, as one of the projects.
He said the AICC would come back to life in May as a befitting international conference centre that Nigerians would be proud of.
Mr Wike expressed optimism that the centre would attract a lot of activities, adding, however, that it would no longer be business as usual.
“You know what happened last time. It was given out to one senator, who was making money but destroying the edifice.
“When we finish, we are going to have a maintenance contract with Julius Berger to address our poor maintenance culture.
“Nigeria needs an internal conference centre that is of standard and comparable with any centre in the world,” Mr Wike said.
The minister added that the two interchanges on Wole Soyinka Way (N20) would also be inaugurated in May.
He said Gilmor was constructing the interchanges, one at Murtala Mohammed Way and the other at Shehu Shagari Way.
Mr Wike said the interchanges, when completed, would connect Jahi, Jabi, Mabushi and Utako Districts and eventually connect to the FCT Division of the Court of Appeal.
He said the N16 interchange at NICON Junction would equally be inaugurated to connect Maitama and Katampe Districts through Gishiri village and be linked to Wole Soyinka Way.
“You can see all the other connecting roads leading to Judges Quarters are ongoing, and the contractor has promised that all these roads will be completed before May.
“We will also inaugurate the connecting roads to celebrate Tinubu’s second year in office,” he said.
The visibly elated minister added that projects in satellite towns would also be inaugurated.

Wike Sets More Projects
He particularly identified some of the roads as A2-Pai rural roads in Kwali Area Council, Aguma Palace Road in Gwagwalada and the ongoing dualisation of Ushafa to Military Checkpoint Road in Bwari Area Council.
Another project to be inaugurated, according to the minister, includes the service lane from Apo interchange to Wassa, which is being constructed by CGC.
Speaking about funding the projects, the minister said the 2024 budget, which was being used to finance the project, would be implemented until June.
He added that he had submitted the 2025 budget to Mr Tinubu and expressed confidence that it would soon be transmitted to the National Assembly for approval.
“By the time the 2025 budget is passed, we will not have a problem with funding,” Mr Wike 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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