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Lagos Governor Sanwo-Olu Laud Tunji Bello Over Auditorium Donation To LASU

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Lagos Government Plans Move Against Rent Hike

Lagos Governor Sanwo-Olu Laud Tunji Bello Over Auditorium Donation To LASU

Lagos governor Sanwo-Olu laud Tunji Bello over auditorium donation to LASU. Minister of eEducation, Dr Olatunji Maruf Alausa, Lagos State governor, Babajide Sanwo-Olu and other dignitaries have commended the philanthropic gesture of the executive vice chairman/chief executive officer of the Federal Competition and Consumer Protection Commission (FCCPC), Hon. Tunji Bello, in donating a modern auditorium to Lagos State University (LASU), Epe Campus.

The n minister, who announced the donation of a 5mw power plant to the Epe Campus and an 11mw power plant to the Ojo Campus of the university to increase power generation, noted that Bello had shown that he believes in promoting education, and “this is very laudable”.

Commending his efforts, the Lagos State governor and former Ogun State governor, Aremo Olusegun Osoba, described the gesture as a wonderful effort which should be emulated.
Sanwo-Olu said, “I was at his 60th birthday ceremony when he made the commitment and thank God it has been fulfilled. Despite the difficulties of the time, you did this. God will replenish your pocket.

We put education on the front burner in our administration, and we are happy that people like Hon. Tunji Bello are supporting our efforts.
“LASU has space for more donations and endowments like this one. While we will continue to support LASU to be the best, we are calling on others to complement the efforts.”

The education minister, who also commended the donor, praised the vice chancellor of LASU, Prof. Ibiyemi Olatunji-Bello, for her giant strides in the institution.

Aremo Osoba said some people would have spent such funds on social celebrations and gatherings.
Speaking on why he donated the building despite challenges, the donor, Hon. Olatunji Bello, said he decided to build an auditorium for the Lagos State University, LASU, as a way of sowing seeds in the vineyard of knowledge instead of lavishly spending on a birthday party when he turned 60 in 2021.

Bello, a former member of the Lagos State Executive Council, also noted that it was in line with his belief that helping public universities fill the infrastructural gap better serves the public purpose.

He spoke in Epe on Wednesday during the inauguration of the auditorium he donated to the Epe Campus of LASU.

“Without wishing to sound sanctimonious or all-righteous, one point I like to seize this moment to make is the consequential choice between transient enjoyment and posterity.

Thus, by choosing to invest the money through sowing the seed in the vineyard of knowledge, I believe we are invariably preserving my 60th birthday cake in a way that will be shared and savoured by many generations.

“Besides, this is my humble way of supporting the argument that public purpose is served better by helping public universities fill the infrastructural gap.

Lagos Government Plans Move Against Rent Hike

Lagos Government

“Certainly, the government alone cannot do it. Private individuals who really have the means should invest in public tertiary education to create more opportunities, as prevalent in several developed countries,” he said.

The FCCPC boss told the gathering that he had to sell a property in Magodo, Lagos, a few years ago when the cost of materials shot up drastically.

On his 50th birthday in 2011, the donor instituted annual prizes in five disciplines: Law, Mass Communications, Social Sciences, Engineering, and Medicine at the same university.

“So, as my 60th birthday approached in 2021, the concern was how I could do more. For me, the idea of throwing a big party to mark the occasion was completely off the table.

My darling wife, Professor Ibiyemi Olatunji-Bello, the very able Madam Vice Chancellor of this great university, is the one who initially mooted the idea of building something for LASU to mark my 60th birthday. She was not yet the Vice Chancellor then. I never gave much thought to her suggestion immediately until a few days later,” he added.

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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