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Economy

Delta Governor Oborevwori Approves N6.7bn UBEC Counterpart Fund, Road Projects

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Delta Governor Oborevwori

Delta Governor Oborevwori Approves N6.7bn UBEC Counterpart Fund, Road Projects

Delta Governor Oborevwori approves N6.7bn UBEC counterpart fund, road projects. Mr Oborevwori noted that the approvals were part of the administration’s ongoing efforts to enhance road connectivity in urban and rural communities

Governor Sheriff Oborevwori of  Delta has approved the release of N6.7 billion as the state’s counterpart funding to access the Universal Basic Education Commission (UBEC) grant for educational development.

The governor also approved the construction of a series of road and rehabilitation projects aimed at connecting communities, improving infrastructure and boosting economic activities across the state.

The state Commissioner for Works (Rural Roads) and Public Information, Charles Aniagwu, said the approvals were made on Thursday by the State Executive Council, which was presided over by Mr Oborevwori at the government house in Asaba.

He noted that the approvals were part of the administration’s ongoing efforts to enhance road connectivity in urban and rural communities while also strengthening the basic education sector.

Mr Aniagwu said the road projects cut across the three senatorial districts and include both new constructions and major rehabilitations, with a focus on economic viability, accessibility, and long-term durability.

The commissioner, flanked by the chief press secretary to the governor, Festus Ahon, said Exco also approved significant investments in road infrastructure to accelerate economic activities and improve the quality of life.

He stated that the payment of the Universal Basic Education counterpart funding will enable the state to draw matching grants for the construction, renovation, and equipping of public schools.

Mr Aniagwu added that the governor had directed the Ministries of Primary and Secondary Education to carry out investigations into the buildings and furniture needed to improve the sector
He emphasised that the dual focus on roads and education aligns with Mr Oborevwori’s M.O.R.E. Agenda, which prioritises infrastructural renewal and human capital development.

Mr Aniagwu listed the approved road projects to include the reconstruction of failed sections of the Uzere–Asaba–Ase Road, Aboh–Akarai concrete road with a 100m bridge across the Okiri River in Ndokwa East, Eku–Osubi Road, and Okpanam–Ugbolu Road.

“For the sake of fluctuations, we have reviewed upwards some contracts awarded during the last administration. These include the Ejeme-Aniogor–Obidugbo–Ekuku-Agbor Road Phase 1, Ajuebor and Uwaezueka Streets in Boji-Boji Owa, Amai–Aragba Road with 40 per cent mobilisation, and Idheze Internal Roads Phases 1 and 2.

Delta Governor Oborevwori

Delta Governor Oborevwori

“Others approved are the Ovrode–Aradhe Road Phase 1, Amaka/Ogodogo/Ivu Access Road in Okpolo-Enhwe, Atuma-Iga Internal Roads, the construction of Arho Road by Heroes of Faith, Ughelli, and the repudiation and re-award of Imohwe Street, Ekiugbo, to connect Oteri and Iwremaro Town Phase 1.

“We also approved the appointment of several traditional rulers, including Obi Michael Ogochukwu Osemedua Isichei as the Obi of Ubulu-Okiti; HRM Obi Cletus Nkeakam Ochei as the Obi of Ukwu-Oba Kingdom; HRM Okorocha Emoghene Osuokpa I, as the 39th Okpara-Uku of Orogun Kingdom. HRM Obi Ikechukwu Chukwuemeka Ugboma as the Obi of Issele-Azagba Kingdom; HRM Patrick Okpomor Agre as the Ovie of Igbide Kingdom; and HRM Michael Avwerotakpo Eyareya (Eyareya II) as the Orovworere of Effurun-Otor Kingdom,” he said.

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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