Economy
Deputy Speaker Kalu Urges Global Action On Post-War Recovery Frameworks At IPU Assembly
Deputy Speaker Kalu Urges Global Action On Post-War Recovery Frameworks At IPU Assembly
Deputy speaker Kalu urges global action on post-war recovery frameworks at IPU assembly. Deputy Speaker of Nigeria’s House of Representatives, Hon. Benjamin Kalu, has called on world leaders to prioritize the development of strong post-war recovery frameworks, describing it as both a moral duty and a strategic necessity for global peace.
Kalu made the call while presenting a proposal titled “The Imperative for Strengthened Post-War Management” at the 150th General Assembly of the Inter-Parliamentary Union (IPU), currently taking place in Tashkent, Uzbekistan.
Speaking in his capacity as co-rapporteur for the IPU’s Standing Committee on Peace and International Security, Kalu emphasized the urgent need for nations to shift focus from short-term peacekeeping to long-term stability. He shared this responsibility with Jordan’s A. Al-Zu’bi and the Netherlands’ Ms. F. Belhirch.
Citing the prolonged conflicts in Sudan and the Democratic Republic of Congo (DRC), the Deputy Speaker warned that fragile peace deals, if not backed by solid governance and reconstruction strategies, often lead to renewed violence.
“Despite multiple peace agreements, sporadic violence persists due to inadequate post-conflict reconstruction and weak governance structures,” Kalu said.
He pointed to Sudan’s vulnerability to renewed conflict and the DRC’s long history of instability dating back to the First and Second Congo Wars, which claimed over 5 million lives as prime examples of what happens when post-war recovery efforts fall short.
“Weak institutions, economic marginalization, and the failure to integrate conflict resolution strategies continue to undermine peace efforts. The international community must do better,” he stressed.
Kalu, who also leads the Peace in South East Project (PISE-P) in Nigeria a non-violent initiative aimed at restoring calm in the South East argued that peace does not end with ceasefires or political settlements. Instead, he proposed a multi-pronged approach to peacebuilding:
Institutional Strengthening: Develop resilient governance capable of managing post-conflict transitions.
Economic Reconstruction: Prioritize infrastructure, job creation, and reducing inequality.
Social Reconciliation: Promote dialogue among conflicting parties to heal divisions.

IPU Assembly
Political Integration: Ensure former combatants are part of inclusive governance.
International Support: Leverage global institutions for oversight and accountability.
“Victory in war is only the beginning. True peace requires rebuilding lives, restoring trust, and including all voices in governance,” Kalu concluded.
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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