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Economy

Political Parties Back Creation Of More States In South-West, North-East, South-South

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Political Parties

Political Parties Back Creation Of More States In South-West, North-East, South-South

Political parties back creation of more states in South-West, North-East, South-South. According to the coalition of parties, creating additional states will engender equity.

The Conference of Nigerian Political Parties has called on the National Assembly to expedite action in creating five additional states in the country, emphasising that it would address the imbalance in the number of states in the six geopolitical zones in Nigeria.

CNPP is an umbrella organisation of several political parties in Nigeria.
The parties added that creating more states would help ensure equity, fairness, and justice in distributing resources and opportunities among the country’s various regions.

“Democracy does not support injustice. The basic principles of democracy derive from free, fair, justice, and equitable distribution of resources, and the rule of law,” said CNPP in a statement on Sunday. “The CNPP proposes that each of the six geopolitical zones should have seven states each, based on economic viability and other relevant factors for the new states to be created.”

The political body added, “Specifically, the North-Central and North-West zones already have seven states, while the rest of the zones have six states each, except the South-East region with only five states.”

The CNPP also agitated for the need to create one additional state for each of the South-West, North-East, and South-South zones, and two additional states should be created in the South-East zone.

According to the coalition of parties, once this is achieved, the National Assembly can consider creating additional states in each of the six geopolitical zones.

“The CNPP believes that this is a necessary step towards ensuring that every region in Nigeria has an equal opportunity to develop and contribute to the growth and prosperity of the nation.
“We urge the National Assembly to take this matter seriously and work towards creating a more just and equitable society for all Nigerians,” the statement explained.

The CNPP’s fresh agitation came after the House of Representatives Constitution Review Committee in the National Assembly proposed the creation of 31 additional states besides the nation’s 36 states, a development that has sparked widespread reactions from Nigerians and various groups in the country.

The committee chaired by Benjamin Kalu had proposed an additional six new states in the North-Central, four in the North-East, five in the North-West, five in the South-South, and seven in the South-West.

The states being considered by the committee include Okun, Okura and Confluence from Kogi; Benue Ala and Apa from Benue; FCT state; Amana from Adamawa; Katagum from Bauchi; Savannah from Borno; Muri from Taraba; New Kaduna and Gujarat from Kaduna state; Tiga and Ari from Kano; Kainji from Kebbi, etc.

Political Parties

Political Parties

However, various groups, including the Yoruba social-cultural group, Afenifere, and the Arewa Consultative Forum, have rejected the proposal because it did not meet their aspirations.

While Afenifere noted that the proposed state creation nullified its demand for true federalism, Arewa said the idea was also unnecessary.

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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