Economy
No Going Back On Warning Strike, Declares ASUU: UI
No Going Back On Warning Strike, Declares ASUU: UI
No going back on warning strike, declares ASUU: UI. ASUU said no going back on two-week warning strike.
The chairman of ASUU, University of Ibadan chapter, Adefemi Afolabi on Tuesday said there is no going back on the two-week nationwide warning strike embarked upon by the union.
Mr Afolabi noted that members of the union have complied with the warning strike.
“We have been duly and constantly carried along in meetings called at the national level and members have also criticised the slow speed at which the government has been treating the matter. It is good to state that the federal government received the report of the committee that was set up to review the report of the previous committee that was set up in 2016.
“The current committee was set up in 2024 September to review the previous committee report and it was submitted in February 2025. This means that for eight months nothing has happened. The union has made several efforts to contact people who we believe the government will listen to apart from the efforts we’ve been making to get the implementation done on time,” he said.
According to Mr Afolabi, the last meeting at the national level was on September 28 and it was at the meeting a decision was made to give the government a two-week Ultimatum to sign the draft agreement of the committee.
“If nothing is done within the stipulated time the warning strike will begin. All these were stated clearly to the government hence the warning strike,” he said.
He added that the no work no pay warning from the government was not new.
“We will get by and by. The response we expected was that the government would resolve the matter and they have the leverage of power to sign the agreement and also poses the finances to pay salaries of universities which is the core issue here.
“So why is the government waiting for this warning strike before issuing a no work no pay warning. It’s unfortunate that that’s the type of response we get from the government. We as ASUU or any union will not want our students to be outside of the university. Our joy is for them to finish their education on time and graduate,” he said.
He, however, urged the government to do the needful in order to end the recycling of strikes.
Ayobami Lawal, a 300-level student, while speaking on the warning strike blamed the government.
According to Mr Lawal, lecturers deserve better treatment from the government because of the great impact they make in society.
Yetunde Adebayo a 200-level student said, “Do you know it took some of us, I mean the students longer period to gain admission? Learning would be more fun and fast when their are no strikes. We need a stop to strikes in the educational sector. The government should prioritise our lecturers like they do to politicians.”
The federal government has directed vice-chancellors of federal universities across the country to strictly enforce the ‘no work, no pay’ policy against striking lecturers.
The directive was issued in a circular dated October 13,, and signed by education minister Tunji Alausa.

No Going Back On Warning Strike, Declares ASUU
The circular was copied to the head of the civil service of the federation, permanent secretary of education, pro-chancellors of all federal universities, director-general of the Budget Office of the Federation, the accountant-general of the federation, and the executive secretary of the National Universities Commission.
According to the circular, the Federal Ministry of Education expressed dissatisfaction over reports of the continued industrial action by ASUU despite repeated calls for dialogue, stressing that government would no longer tolerate non-compliance with extant labour laws.
In its notice after a National Executive Council meeting, ASUU decried the neglect of the university system and the government’s consistent refusal to heed to its demands.
“Apart from engagement with the press, in August 2025, members of the ASUU in both federal and state universities held rallies, carrying placards, on their campuses to press the government to address the lingering issues in the university system.
“Nothing came out of all these rallies and pleas. What is clear for now is that both the federal and state governments have a strong habit of paying little or no attention to the education sector in general and the welfare of university academics in particular,” ASUU stated.
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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