Economy
Governor Aiyedatiwa Approves New Tax Bill In Ondo Ahead Of January 1 Implementation
Governor Aiyedatiwa Approves New Tax Bill In Ondo Ahead Of January 1 Implementation
Governor Aiyedatiwa approves new tax bill in Ondo ahead of January 1 implementation. Mr Ajulo said that the approval represents a proactive step toward integrating Ondo State into Nigeria’s evolving national tax landscape.
Ondo State Governor, Lucky Aiyedatiwa, has approved a new tax bill for transmission to the State House of Assembly for consideration and passage into law ahead of the January 1, 2026 implementation of the new national tax reform.
The approval was granted at the State Executive Council (SEC) meeting presided over by the governor on Tuesday.
Briefing journalists after the meeting, the Attorney-General and Commissioner for Justice, Kayode Ajulo said the proposed legislation aligns with the state’s commitment to harmonising its fiscal policies with the federal tax reforms scheduled to take effect on January 1, 2026.
Mr Ajulo, SAN, explained that the bill was designed to ensure state’s tax framework operates in conformity with national standards as outlined in the Nigeria Tax Act 2025 and other related reforms.
According to him, the legislation seeks to promote efficiency, transparency, and sustainable revenue generation, while also providing relief for low-income earners and small businesses.
He added that the approval represents a proactive step toward integrating Ondo State into Nigeria’s evolving national tax landscape.
“By adopting these measures, the state aims to foster economic growth, improve public service delivery, and create a more equitable tax environment that supports businesses and individuals alike.
“The bill will now proceed to the Ondo State House of Assembly for legislative review and debate. The government encourages public participation and remains open to constructive feedback from stakeholders,” Mr Ajulo stated.
Meanwhile, the State Executive Council (SEC) has approved the appointment of Owei Kekemeke as the pioneer Amananawei of Agadagda-Obon in the Ese Odo Local Government Area.
The Commissioner for Local Government and Chieftaincy Affairs, Amidu Takuro, said that the government was prepared to fill vacant traditional stools across the state once affected communities complete their selection processes.
Mr Takuro also confirmed that warrant chiefs had been approved for the appointment of a new Alade Okun of Alade in the Idanre Local Government Area, paving the way for the installation of a new monarch.
In a related development, the state government announced Monday, January 5, 2026, as the official resumption date for civil servants in the state.

Ondo Governor Aiyedatiwa
The Head of Service, Bayo Philip, said the decision followed the declaration of Friday, January 2, as a work-free day to allow workers adequate time to return from the New Year holiday, noting that January 1 had already been declared a public holiday by the federal government.
Mr Philip described the move as a relief for workers and urged civil servants and members of the public to take note of the revised resumption date.
He added that the day would also feature the state’s customary first workday prayer meeting at the Governor’s Office Complex.
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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