Economy
Atiku Vows To Accept Defeat If Younger Aspirant Wins ADC Presidential Ticket
Atiku Vows To Accept Defeat If Younger Aspirant Wins ADC Presidential Ticket
Atiku vows to accept defeat if younger aspirant wins ADC presidential ticket. Former Vice-President Atiku Abubakar says he will step down from the 2027 presidential race if a young aspirant defeats him to clinch the African Democratic Congress (ADC) ticket.
Speaking in an interview with BBC Hausa, Abubakar said he would support and mentor such an aspirant.
However, the former vice-president said he could not confirm if he would be running for president for the umpteenth time.
“This is only the beginning. Our priority is to establish the party and gain a strong following,” Abubakar said when asked if he would contest.
“If I run for office, and a young man defeats me, I will accept that. The party we have joined now prioritises youth and women.”
Peter Obi, the Labour Party’s 2023 presidential candidate; and Rotimi Amaechi, former governor of Rivers; have both shown an interest in the ADC ticket. Both politicians are younger than Abubakar.
‘I LEFT PDP BECAUSE OF CRISIS’
Abubakar resigned from the Peoples Democratic Party (PDP) in July, accusing the party of straying from its founding ideals.
Abubakar told BBC Hausa that he left the PDP because moles from the All Progressives Party (APC) had infiltrated the party.
“Besides, that is one of the reasons we set up ADC, which I am a member of,” he said.
Abubakar said the PDP is divided “because the APC government in power has decided to use some party leaders to frustrate efforts of having a strong opposition that could challenge the government”.

Atiku
“As the day went by, the crises in PDP were growing, and the hope of resolving it was speedily vanishing because the government was allegedly using some senior members of the party to destabilise the party further, and we could see that in their actions and utterances,” he said.
“I could have taken some firm decisions to fix the party if I were the chairman or secretary of the party, or someone who listened to me was the chairman or secretary. Sadly, the people occupying those positions have different interests that are primarily personal to them.
“Regarding the ADC, our goal is to establish the party structures at the state level. We have already established the national leadership, and they are working on ensuring the state and local government structures are strengthened and ready for the 2027 elections.”
Abubakar, who is 78 years old, was the PDP’s standard-bearer in the 2023 election.
The politician will be 81 by the time the next presidential election comes around in 2027.
Abubakar has run for the number one office six times, but has been on the ballot as a presidential candidate on three occasions — 2007, 2019, and 2023.
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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