Economy
Wike: I Weep Whenever I Remember How Fubara Betrayed Me
Wike: I Weep Whenever I Remember How Fubara Betrayed Me
Wike: I weep whenever I remember how Fubara betrayed me. Nyesom Wike, minister of the federal capital territory (FCT), says he is moved to tears whenever he reflects on the “betrayal” by Siminalayi Fubara, the suspended governor of Rivers state.
Speaking during a media chat on Monday, Wike said Fubara gave himself as a “tool” for those who wanted to fight him but could not do so directly.
The FCT minister said the suspended governor “betrayed” him by working with those who wanted his downfall, adding that he played a major role in Fubara’s emergence as governor
Wike likened the situation to a son who connived with armed robbers to rob his father.
The FCT minister said resolution of the crisis in Rivers rests with Fubara, adding that he is ready for reconciliation if the suspended governor wants “genuine peace”.
“He (Fubara) gave himself as a tool for those who could not fight me directly,” Wike said.
“Sometimes, when I go back in my quiet moment, I play the video of the speeches of the governor — what he said and did to me, I weep. Was it necessary?
“This is somebody who brought you, gave you food and everything. Then you became a tool for his enemies to fight him. We are all humans
“When people say, there should be peace. Nobody said there should not be peace.
“How will you feel? You know what you passed through by sending your son to school and to make him a human being. All of a sudden, your son with other people came in with a gun to shoot you. Is it something that you will just forget?
“I have told people who do not understand what betrayal means that they may be betrayed 10 times more than this. That is my prayer.
“I have said I want peace but you must show that the peace you want is genuine and you must have taken steps.”
THE FEUD BETWEEN WIKE AND FUBARA
Wike, a former governor of Rivers, played a major role in the emergence of Fubara, his successor, as the governor of the state.

Fubara Betrayed Me
Since 2023, the cordial relationship between the duo has turned sour over the political control of the state.
The conflict between the duo led to the division in the Rivers state house of assembly amid multiple legal suits. On March 18, President Bola Tinubu declared a state of emergency in Rivers following the political crisis in the state.
He also suspended Fubara as governor of the state; Ngozi Odu, the deputy governor; and all members of the Rivers assembly for an initial period of six months.
The president appointed Ibok-Ete Ibas, a retired naval chief, as the state’s sole administrator.
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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