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Economy

Plateau Governor Mutfwang Releases N2bn Counterpart Funds To Boost Agro-Business

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Caleb Mutfwang

Plateau Governor Mutfwang Releases N2bn Counterpart Funds To Boost Agro-Business

Plateau governor Mutfwang releases N2bn counterpart funds to boost agro-business. Governor Caleb Mutfwang disclosed this at the inauguration of the construction of three agro-logistic centres in the state on Monday in Jos.

The Plateau government has released N2 billion as counterpart funds for the implementation of the Rural Access and Agricultural Marketing Project (RAAMP) in the state.

Governor Caleb Mutfwang disclosed this at the inauguration of the construction of three agro-logistic centres in the state on Monday in Jos. The governor said the move aimed at boosting agro-business and rural infrastructure in the state.

Mr Mutfwang explained that the agro-logistic centres would be domiciled in Mangu, Shendam and Bassa local government areas.

“It took us quite a lot of financial engineering to be able to put these funds together; it is not easy to just release N2 billion with the current scarce resources.
“But because of the importance and impact of the project to our people, we took the hold step and released the funds.

“Let me say that this is a project that commenced in 2021, and by the time we came in in 2023, nothing had been done, and we started afresh,” he said.

The governor said his administration had enacted some laws and created some special agencies that would enable the smooth running of the project in the state.

He called on the chairs, traditional rulers and the people of the benefiting LGAs to take ownership of the project by ensuring that the contractors deliver quality jobs.

“We can not spend huge money and not get value for money; I will never agree to any contractor to cut corners,” he said.

The governor further assured the state’s people of his commitment to serving them with diligence and accountability.

In his remarks, Aminu Mohammad, the national coordinator of RAAMP, commended the Plateau government for its commitment to implementing the project in the state.

Mr Mohammed, represented by Salisu Abubakar, said the project is implemented in 19 states with the support of the World Bank and the Agence Française de Dévelopement (AFD).

He said the project, particularly the agro centres, would improve service delivery to farmers and agro-processors.

Caleb Mutfwang

Caleb Mutfwang

“RAAMP has come to stay, and we are expecting additional funding of over $575 million for another phase,” he said.

Daniel Temsen, RAAMP coordinator in the state, said the project had constructed 331-kilometre roads and 45 drainage systems across rural communities.

Mr Temsen thanked the governor for releasing the counterpart funds and called on the contractors to deliver the projects within specifications.

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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