Economy
Ondo Government Tells Contractors Handling Technical College Projects To Meet Deadline Or Face Sanctions
Ondo Government Tells Contractors Handling Technical College Projects To Meet Deadline Or Face Sanctions
Ondo government tells contractors handling technical college projects to Meet deadline or face sanctions. Mr Oluyi assured that the state government would collaborate with host communities to ensure a smooth execution of the project.
The Ondo State government has directed contractors handling the construction and rehabilitation of technical colleges across the state to accelerate work or face contract termination.
The warning was issued on Thursday by the Senior Special Assistant to the Governor on Technical and Vocational Education, Tayo Oluyi, during a sensitisation meeting with contractors in Akure, the state capital.
“Governor Aiyedatiwa has further mentioned that any contractor who fails to deliver on the job as expected shall be sanctioned,” he said.
Mr Oluyi said the directive became necessary following his inspection tour of several government-owned technical colleges, during which he assessed the progress of ongoing construction and rehabilitation works.
“The meeting was convened to review past efforts, interface with contractors, and identify measures that would ensure timely completion of the projects,” he explained.
He noted that the Technical Education Board’s management presented records and updates on the projects, highlighting bottlenecks affecting some contractors.
Mr Oluyi reaffirmed Governor Lucky Aiyedatiwa’s commitment to technical and vocational education, describing skilled trades as the backbone of industrial development.
“Dr Lucky Orimisan Aiyedatiwa understands that skilled trade is the backbone of any industry. That is why he has provided the financial resources needed to ensure that students learn in a modern, safe, and industry-standard environment. He expects these projects to be delivered within record time,” he said.
He reiterated that the governor had made it clear that contractors who failed to meet expectations would be sanctioned, stressing that no excuse would be acceptable, as most of the necessary funds had already been disbursed.

Ondo Governor Aiyedatiwa
“No excuse is tenable, as most of the wherewithal had been disbursed, and at completion, no contractor shall be owed a dime,” Mr Oluyi said.
The governor’s aide lauded contractors who had completed their projects and those who had made significant progress, urging others with pending work to return to the site immediately.
He also assured that the state government would collaborate with host communities to ensure smooth project execution.
The project supervisor, Gbenga Onibudo, presented an update on progress, urging contractors to prioritise timely delivery and quality workmanship for the benefit of the communities.
Representing the contractors, Yemi Dara expressed appreciation to the state government for its engagement and support, particularly in addressing past challenges, and pledged full cooperation in delivering the projects as required.
P as it breaks.
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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