Economy
Government Pays N6bn To 3,313 Retirees, Vows To Clear N48bn Backlog In Kano
Government Pays N6bn To 3,313 Retirees, Vows To Clear N48bn Backlog In Kano
Government pays N6bn to 3,313 retirees, vows to clear N48bn backlog in Kano. He said the payment covered different batches of beneficiaries.
Gov. Abba Yusuf of Kano State, on Thursday, inaugurated the payment of N6 billion gratuity and death benefits to 3,313 pensioners in the state.
The official inauguration ceremony of the 4th tranche payment to some categories of retirees from 2020 to 2023 was held at the Coronation Hall, Government House, Kano.
The governor presented a dummy cheque of N4.5 billion to the chairman of the pension board, Habu Fagge, for the benefits of the senior citizens.
Mr Yusuf reiterated the commitment of his government to resolving the years of hardship faced by the retirees and their families as well enhancing the welfare of civil servants in the state.
He said the payment covered different batches of beneficiaries, including the backlog accumulated over the years, which had subjected many retirees and their families to untold hardship.
Mr Yusuf recalled that his administration had earlier released N6 billion to the first batch of 4,915 beneficiaries and another N5 billion to the second batch of 1,722 retirees.
The governor further revealed that an additional 1,579 beneficiaries received payments amounting to N5 billion on Jan.9,
“Today, this government is releasing the sum of N6 billion for the payment of death benefits and gratuities to retirees within the range of N2.5 million and below from the year 2020 to 2023,” he said.
Mr Yusuf said with the latest release, the total amount paid so far stood at N22 billion, adding that another N5 billion had already been set aside for the next batch for further payments of retirees by August.
“We shall settle all outstanding pension benefits to the tune of over N48 billion to alleviate the sufferings of our senior citizens,” he said.
The governor commended the management and staff of the pension board, as well as the EFCC and ICPC, for their doggedness, investigation and reportage on the issue of the 324 houses built during the previous administration as part of pension investments.
He, however, warned that the government would not condone any form of underhand dealings, stressing that anyone found wanting, making dubious arrangements or favouritism would be dealt with accordingly.
Mr Yusuf urged the pensioners to remain patient, assuring them that all their entitlements would be cleared.
The executive chairman, Kano State Pension Trustee Fund, Habu Fagge, said the board earlier had a backlog of N48 billion from previous administration, out of which the present administration has payed the total sum of N22 billion.

Abba Kabir Yusuf
Also speaking, the national president, Nigeria Union of Pensioners, Godwin Abumisi, commended the governor for his giant and remarkable strides in paying retirees their gratuity and death benefits.
Mr Abumisi named Mr Yusuf a ‘star performance governor’.
The Emir of Gaya, Aliyu Ibrahim, who spoke on behalf of the emirs of Kano, Rano, and Karaye, commended the giant strides of the governor, especially toward retirees as well as Kano residents.
Amina Muhammad, who spoke on behalf of the beneficiaries, applauded the kind gesture of the governor, saying it would go a long way in alleviating their sufferings.
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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