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Economy

Nigeria’s Security Challenges Demand Military Action, Political Will Says Speaker Tajudeen Abbas

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Hon. Abbas Tajudeen

Nigeria’s Security Challenges Demand Military Action, Political Will Says Speaker Tajudeen Abbas

Nigeria’s security challenges demand military action, political will says Speaker Tajudeen Abbas. Mr Abbas said that the security challenges evolve rapidly, testing the nation’s institutions.

The Speaker House of Representative, Tajudeen Abbas says addressing Nigeria’s security challenges requires a combination of military action, political will and justice.

Mr Abbas said this on Friday while inaugurating officers’ accommodation at Niger Barracks extension and Link Road in Mambilla Barracks, Abuja.

He noted that Nigeria had in recent years faced complex threats such as terrorism, insurgency, banditry, kidnapping, oil theft, piracy, cyber threats, and transnational organised crime.

Mr Tajudeen said that these challenges evolve rapidly, testing the nation’s institutions and stretching her resources.

“Yet, Nigeria’s story is not merely about threats, it is also about resilience, adaptation, and reform.
“Looking ahead, Nigeria’s security requires cooperation between government and society. Military action alone cannot solve every challenge.

“It must be complemented by political negotiations, community participation, economic empowerment, and justice,” he said.

The speaker said that the national assembly had supported appropriations for critical platforms, ammunition, communications systems, intelligence, surveillance and reconnaissance capabilities.
He also said that the assembly had supported appropriations for force protection assets, while ensuring accountability, value for money, and timely delivery.

According to him, we have approved funding for barracks rehabilitation, family housing, healthcare, mental health support, and post-service transition programmes.

He added that the House, through effective oversight, had promoted better inter-agency collaboration, clarified procurement processes, and drawn lessons from past experiences.

“In addition, we are advancing legislative proposals to deepen professionalism and accountability within the security sector.

“These include strengthening the legal framework for joint operations, improving the welfare and pension systems for serving personnel and veterans, supporting local defence industries under the Made-in-Nigeria initiative, and developing more agile logistics and maintenance structures.

“This aims to build a military that is well-led, well-equipped, properly supported, and transparently governed; a military worthy of the great nation it serves.
“We must therefore share intelligence, deploy technology responsibly, and ensure our troops have the resources they need to succeed,” he added.

Mr Tajudeen assured that the National Assembly stood ready to continue working with the executive, armed forces, traditional institutions, and international partners to achieve shared objectives of peace and stability.

Earlier, the Chief of Defence Staff (CDS), Gen. Christopher Musa, said the link road and newly constructed buildings were designed not just for convenience, but as essential infrastructure that supported efficiency, safety and comfort of officers.

Mr Musa reiterated that the Niger Barracks extension block, which would accommodate policy makers in the Defence Headquarters, provided a conducive atmosphere where they could have the peace of mind to articulate valuable and forward-thinking policies.

According to him, these policies will continue to ensure that the armed forces of Nigeria remain effective, professional and successful in all operations.

Speaker Tajudeen Abbas

Speaker Tajudeen Abbas

He said the project was in alignment with his leadership philosophy, which is “To Nurture a Professional Armed Forces of Nigeria that is People-Centric, Collaborative and Capable of Meeting its Constitutional Responsibilities in a Joint Environment”.

“In particular, the second pillar of this philosophy emphasises ‘Prioritising Troops’ Welfare’.

“Consequently, the provision of these quality facilities reflects our deep understanding that operational success begins with the welfare and morale of our people.

“By improving their quality of life, we are investing directly in the strength, efficiency and unity of our forces,” he said.

The CDS acknowledged the support of the national assembly through timely budgetary approvals.
He noted that President Bola Tinubu administration’s commitment to the welfare, training and operational needs of troops had been remarkable.

“It is this support that continues to boost morale and motivation, leading to the visible reduction of insecurity across the nation,” 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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