Economy
Alex Otti Sets To Fix Both Federal, State Projects In Abia
Alex Otti Sets To Fix Both Federal, State Projects In Abia
Alex Otti sets to fix both federal, state projects in Abia. The governor of Abia State, Alex Otti, has said that he would continue to fix broken and decayed infrastructure in Abia State for the benefit of the people, not minding whether they are federal or state projects.
Otti stated this during a Sunday service at the Living Word Church, Aba, the commercial hub of the state.
He revealed that the state government is currently renovating the permanent orientation camp of the National Youth Service Corps, which is a Federal Government facility in the Bende Local Government Area of the state.
Otti said, “The NYSC orientation camp is a federal project but as we know in Abia, we really don’t distinguish between federal and state projects, otherwise, we would not be doing Port Harcourt Road today because it’s a federal road.
We will not be dualizing from the boundary in Owerrinta to Umuikaa; if we wanted to distinguish between federal and state, that’s a federal road, but we are working on it. We will not be doing Ohafia to Arochukwu Road because it’s a federal road but we are doing it.
“When the state Director of NYSC approached us for help, we sent a team to go and look at the place, and the team reported that the camp has 26 buildings plus a hall, all of them in a terrible state of disrepair.
“Nine halls were identified that required serious attention. The least quoted by contractors to fix the place was about N3.6 billion and we decided to do it by direct labour, which cost the state government about N520 million, saving over N3 billion quoted by contractors.
News coming out is that the 9 plus one building have been done by direct labour, completed and instead of spending N3.6 billion, we only spent N520 million. That is how we’ve been able to do most of the things we have done this 20 months without borrowing a kobo; we have not borrowed.”
He explained that he doesn’t hate borrowing, but will only borrow when it is necessary.
Speaking further he asserted that his administration is impatient with dishonest people.
He enthused, “One thing that this administration brings is honesty. And, any time we encounter dishonest people, we are very impatient with them. So, if you want to be a good friend of this administration, remain honest because this administration was brought by God and God is honesty Himself.
“We also have learned, amid scarcity, amid economic crisis, to be very prudent. What one hundred naira may not be able to do elsewhere, it will do it here.”
He thanked the church for its prayers and support right from the time he left his lucrative banking job for the liberation of the state, which took almost ten years to materialize.
Otti said that each time he remembers that there were genuine Abians, men, and women of God upholding him in their prayers, he was strengthened.
He commended the people for not giving up, saying that what is happening in the state today would not have happened if they had given up.
In his sermon, the founder and General Overseer of the Living Word Church, Brother Emma Okorie, described the emergence of Governor Otti as “captivity overturned.”
He recalled a time he went to Abuja to apply for a license to establish a university in Aba, and they told him that Aba was a garbage city and that they would not issue a license to establish a university in a garbage town. He told them that he was not from a garbage city and that the city they called garbage would one day become a golden city.
He said, “What he told them then is now manifesting under the leadership of Governor Otti, stressing that, the visible achievements of the governor are everywhere for all to see, except those who are blind to change.

Alex Otti
Hon. Fyne Ahuama, representing Osisioma South state constituency in the Abia State House of Assembly, and his counterpart from Osisioma North state constituency, Hon. Iheanacho Nwaogu, the Commissioner for Trade and Commerce, Hon. Chibueze Nwokocha, the Mayor of Osisioma, Hon. Chidi Agu, Mayor of Aba North, Hon. Timothy Iheke, the acting Chairman of the Labour Party in Abia, Hon. Emmanuel Nwaeze Oti, were among government functionaries and political leaders who joined Governor Otti in the worship service.
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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