Economy
No Payment Required To Migrate Form M To Unified Trade Management System, Says Nigeria Customs
No Payment Required To Migrate Form M To Unified Trade Management System, Says Nigeria Customs
No payment required to migrate form M to unified trade management system, says Nigeria Customs. The Nigeria Customs Service (NCS) says no fee has been introduced for the migration of Form ‘M’ from the Nigeria integrated customs information system (NICIS II) to the B’Odogwu trade management system.
On March 3, the NCS announced the implementation of the B’Odogwu unified management system, a homegrown innovation designed to streamline cargo clearance processes.
In a statement on Friday, Abdullahi Maiwada, NCS national public relations officer, said the service had become aware of widespread misconceptions regarding payment for Form ‘M’.
Maiwada dismissed the reports as false, misleading, and entirely baseless.
Form ‘M’ is a mandatory document that completed by all importers for the importation of goods into Nigeria. It provides information about the imported goods, as well as the importer and the consignee.
“For clarity, the ongoing migration process is a technical and administrative task designed and implemented by NCS to ensure seamless continuity of trade documentation following the phased deployment of the B’Odogwu system across Customs Area Commands,” Maiwada said.
“It is worth noting that at no point has the NCS introduced, approved, or authorised any fee for migrating Form ‘M’ from NICIS II to B’Odogwu.”
Maiwada said importers and agents whose bills of lading (BoL) or manifests have been sent to the B’Odogwu system, but whose Form ‘M’ was initially registered on NICIS II, must submit a digital copy of the existing Form ‘M’ to the technical supervisor at their respective command.
According to the NCS spokesperson, the submission will enable the service to carry out the necessary migration at no cost to the trader.
“Upon successful migration, traders are expected to log into their dashboard on B’Odogwu and locate the already migrated “registered” Form ‘M’, click on it to view the full details,” he said.
“Use the “Create Pre-Arrival Assessment Report (PAAR) button that will appear to proceed with PAAR processing.”
Maiwada urged all stakeholders to disregard any person or group demanding payment under the guise of facilitating Form ‘M’ migration.
He said such practices are illegal and also undermine the service’s commitment to transparency and trade facilitation.
“Affected persons are advised to report such misconduct through official NCS channels,” he added.

No Payment Required To Migrate Form M To Unified Trade Management System
He said the service remains committed to delivering a user-friendly, transparent, and efficient trade environment powered by technology and integrity under the leadership of Bashir Adewale Adeniyi, the comptroller-general of Customs, and his management team.
The NCS official appreciated the support of the trading public and assured all stakeholders that the service would continue to provide support throughout the transition process.
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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