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Economy

LP Lawmakers Stopped Funding Party After 2023 Elections Says Julius Abure

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Labour Party

LP Lawmakers Stopped Funding Party After 2023 Elections Says Julius Abure

LP lawmakers stopped funding party after 2023 elections saus Julius Abure. Mr Abure faulted floating of parallel structures by some party leaders

The National Chairman of the Labour Party, Julius Abure, has urged members of the “Obidient’’ family to register with the party and participate in the party’s  national congress slated for June.

The party’s National Publicity Secretary, Obiora Ifoh, made this known on Friday in a statement in Abuja.
Mr Ifoh said that Mr Abure made the call while speaking at a town hall meeting organised by the Lagos State chapter of the party.

According to him, ”Obidient” family members should work towards owning the party by registering with the party and be qualified for the coming congresses in June and July 2025.

He stated, “We are willing and ready to absorb all the Obidients into the Labour Party. All you need to do is to go to your ward as ”Obidient” and register. The party has only one structure, all other ones are counterfeit.

Mr Abure faulted floating of parallel structures by some party leaders, warning that such anti- party activities must surely attract grave consequences.

The national chairman also stated that elected members of the Labour Party have not lived up to their financial obligations to the party since assumption of office nearly two years ago.

He said, “A party cannot have two conflicting structures, a party can only have one structure and I advise, if you do not want to be left out of the scheme of things, find your way into the main structure. Those who are doing parallel structure, candidate structure will lose out at the end of the day.”

The national chairman speaking on the relationship between elected members and the party, said that it was a fact that they didn’t respect the party.

He said, “It is a fact that they don’t make contributions to the party. As I speak with you today, we have not received one kobo at the national, from those we elected to the national Assembly.

The responsibility for running this party is still with the leadership of the party. As of today, we have six senators, about 30 rep members and numerous House of Assembly members.

Unfortunately none of these lawmakers has contributed a dime to the party since their election in 2023. Let them go and ask other parties, it is those elected under their platform that fund the party.

Today, most of them want to have control over their local government and for us to hand over their constituencies to them, yet they are not ready to work or partner with the party. Is it fair?.”
Mr Abure also promised to look into the grievances within the Lagos State party faithful.

Labour Party

Labour Party

He added, “I want to appeal to our members in Lagos State who may have one grievance or the other, arising from the imperfection witnessed in 2023 general elections to keep their grievances aside. We cannot continue to dwell in the past.

Those who did not get the party ticket in the 2023 general elections may have the opportunity to do so in 2027. Some of you who have special cases, I plead with you to come and present the matter to the leadership of the party, instead of fighting ourselves in the social media. As long as I am the national chairman, those with genuine cases will be given special attention in the 2027 general elections.’’

The town hall meeting witnessed defection of top political personalities in the state into the Labour Party.

In attendance were stakeholders including national and state lawmakers, ward, local government and state executives, some members of the National Working Committee and governorship candidate in the 2023 governorship election, Gbadebo Rhodes-Vivour.

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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