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” My mission In Nigeria”- US based Architect Akin Akinyemi

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Mr Akin S  Akinyemi may not ring a bell in Nigeria political cycle, but  he does back in the united state where he has been residing for more than two decades. In a chat with Sahara weekly, he informed us on why he is back to Nigeria and other sundry issue.

 

Can we meet you?

My name is Akin  Akinyemi ,I am an Architect. I attended the University of Lagos before I moved to America for my graduate studies and of course I got married. Then I decided to stay there and practice. But my heart has always been back home (Nigeria). Every now and then, I come home on a mission to accomplish some goals and go back.

When did you relocate to the states?

When I was 21 years old, I have been in the state for 31years, but I come home more often for humanitarian project.

No doubt you came from a privilege background tell us about your family?

One thing with me and what my dad taught me is that I see all human beings as the same, I never consider myself privilege, I will rather use the word comfortable ,I grow up in Ebuta meta.  we were well known; am lucky to have a supporting family while growing up.

Are your parents still alive?

My father died a long time ago when I was just seventeen years old and my mum died January this year.

What exactly do you do in America?

I Am an architect by profession, I work in a very big firm in Atlanta for four years. After my higher degree

I started my own business in the states which was rear at that time; I have been doing it for over twenty five years. Then I went into politics, I was the first elected African to a local government in the states.  It’s really a blessing to be able to do those things. What am going to talk about is my current mission, while am at home (Nigeria) this time. Right now I am teaching and also doing my doctorate degree in urban planning, the main reason while am doing that is because I have a vision in Nigeria.

I will show it to you; I have been working on it for seven years, I have met with officials here, I have presented the ideals, but you often find out that academic research is a gateway to solve another

Problem and so when I talk and write, am doing an index study.

What is your mission in Nigeria?

Am on a quest to improve Nigeria, and there are many ways to improve a country and a community; there are medical need, agricultural need etc but as for me, am focusing on my area of discipline which is Architecture, planning and building the environment. When I met with a lot of senior government officials and corporate leaders, one of the points they have with it is the fact that it’s a government job to do those things which am proposing that people should do for themselves, and why I did not disagree with them is that, the government collect revenue and taxes they need to use it wisely, and at the same time we cannot continue to wallow and suffer. We all know the condition of some Nigeria roads. We know the environmental issue with the gutter system. Why we will continue to tell the government to play their part, we also should play ours too. Thus, what am trying to do is to get people together to form an association and then approach their government  and say look, this is deplorable, we can raise some money and help to improve this condition. We just need their authorization to do that and maybe give them little token of maybe 10 percent of the cost. That’s all and then each community will have their own different approach raising the money. I have a very unique one that I will unravel with time but I felt that is do able, its controversial, its not easy but people can really do it to raise money. And again you won’t want to impose your own ideal on people even if it were a great ideal. So what am going to do is to do a research to see how people will feel by this type of thing.

What really prompted you to come up with this initiative?
The environmental hazards, unnecessary challenges and stress, unbearable atmosphere, bad roads and difficulty in locating places easily, among other challenges of our geographical settings, places or streets people encounter on daily basis, spurred me to make a research in providing a solution. Though it is the government’s responsibility, we should not fold our arms if the government is not forthcoming, but rather look for an alternative. A lot of streets and places have suffered setbacks because of absolute neglect and lack of maintenance. The interesting thing is that it doesn’t take much to make a transformation; only the will to say ‘yes we can’.
My life is testimony to that, because as a Nigerian, going abroad to establish a business; the first and only African-American minority business in North Florida and also to run for a public office in the U.S appeared impossible. But they happened. I don’t think there is a limitation to what we can do if the will is in place.

Nigeria has encountered series of challenges through environmental hazards, building dilapidation and bad roads. How will this initiative contribute to the solution of these major problems?
I am familiar with these challenges and what I discovered is that many things are missing, especially in building construction. A cement block is supposed to have the strength to carry about five-storey building, but because the quality has been diluted and there is no regulation to ensure standard, this led to the increase in building dilapidation. It is time we improved on our quality control so as to avoid further accidents. More so, there are other materials such as efun, which is also good for building constructions. This is on our shores in this country. Efun is what is used to make shield rock in the U.S. I just came from Ghana; it’s used over there  but we don’t feel like using it here. In fact, this will also minimise the cost of constructions. The initiative is not based on building alone, but my diverse knowledge could proffer solutions to this too. Nigerians needs to improve on our environment, because it tells a lot about us, especially on our health and the way we are perceived. This initiative is based on how to ensure every nook and cranny look good, neat and accessible through a collective effort in improving the quality of life without any constraints.

As a politician, how do perceive the Nigerian politics, especially with the new government?
I am so proud of Nigerian politics, though it is not perfect. Politics is not perfect in the U.S. too. I was growing up here in the 70s when our first democracy was overthrown. Our military also did a good job, even when Muritala Muhammad was assassinated. It is a welcome development that we eventually sustained our democracy till now. The political system in Nigeria is encouraging compared to other countries where one party dominates. For the first time in the history of Nigeria, we had a change of government from one political party to another. But people don’t understand how huge that maturity is when it comes to a democratic society.

How soon are you kicking off?

Like I said I have no time table for the actual project till when am done with the research in few months.

No doubt you will want to benefit from it?

Absolutely, even I personally will be proud to say I made things happen in a positive way for Nigeria; my services will be highly rewarded.

This project you are about to embark on is it a team work or just you?

Right now it is my brain child but it’s going to be run by a citizen board, each community will form an association.

Which political party do you belong to in the states?

I am a democrat.

 

 

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Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend

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Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend

Nigeria’s headline inflation rate declined to 15.10 per cent in January 2026, marking a significant drop from 27.61 per cent recorded in January 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics.

The report also showed that month-on-month inflation recorded a deflationary trend of –2.88 per cent, representing a 3.42 percentage-point decrease compared to December 2025. Analysts say the development signals easing price pressures across key sectors of the economy.

Food inflation stood at 8.89 per cent year-on-year, down from 29.63 per cent in January 2025. On a month-on-month basis, food prices declined by 6.02 per cent, reflecting lower costs in several staple commodities.

The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.

The administration of President Bola Ahmed Tinubu has consistently attributed recent economic adjustments to ongoing fiscal and monetary reforms aimed at stabilising prices, boosting agricultural output, and strengthening domestic supply chains.

Economic analysts note that while the latest figures indicate progress, sustaining the downward trend will depend on continued policy discipline, exchange rate stability, and improvements in food production and distribution.

The January report provides one of the clearest indications yet that inflationary pressures, which surged in early 2025, may be moderating.

 

Nigeria’s headline inflation rate declined to 15.10 per cent in January 2026, marking a significant drop from 27.61 per cent recorded in January 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics.

 

The report also showed that month-on-month inflation recorded a deflationary trend of –2.88 per cent, representing a 3.42 percentage-point decrease compared to December 2025. Analysts say the development signals easing price pressures across key sectors of the economy.

 

Food inflation stood at 8.89 per cent year-on-year, down from 29.63 per cent in January 2025. On a month-on-month basis, food prices declined by 6.02 per cent, reflecting lower costs in several staple commodities.

 

The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.

 

The administration of President Bola Ahmed Tinubu has consistently attributed recent economic adjustments to ongoing fiscal and monetary reforms aimed at stabilising prices, boosting agricultural output, and strengthening domestic supply chains.

 

Economic analysts note that while the latest figures indicate progress, sustaining the downward trend will depend on continued policy discipline, exchange rate stability, and improvements in food production and distribution.

 

The January report provides one of the clearest indications yet that inflationary pressures, which surged in early 2025, may be moderating.

 

Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend

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Alpha Morgan to Host 19th Economic Review Webinar

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Alpha Morgan to Host 19th Economic Review Webinar

 

In an economy shaped by constant shifts, the edge often belongs to those with the right information.

 

 

On Wednesday, February 25, 2026, Alpha Morgan Bank will host the 19th edition of its Economic Review Webinar, a high-level thought leadership session designed to equip businesses, investors, and individuals with timely financial and economic insight.

 

 

The session, which will hold live on Zoom at 10:00am WAT and will feature economist Bismarck Rewane, who will examine the key signals influencing Nigeria’s economic direction in 2026, including policy trends, market movements, and global developments shaping the local landscape.

 

 

With a consistent track record of delivering clarity in uncertain times, the Alpha Morgan Economic Review continues to provide practical context for decision-making in a dynamic environment.

 

 

Registration for the 19th Alpha Morgan Economic Review is free and can be completed via https://bit.ly/registeramerseries19

It is a bi-monthly platform that is open to the public and is held virtually.

 

 

Visit www.alphamorganbank to know more.

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GTBank Launches Quick Airtime Loan at 2.95%

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GTCO increases GTBank’s Paid-Up Capital to ₦504 Billion

GTBank Launches Quick Airtime Loan at 2.95%

 

Guaranty Trust Bank Ltd (GTBank), the flagship banking franchise of GTCO Plc, Africa’s leading financial services group, today announced the launch of Quick Airtime Loan, an innovative digital solution that gives customers instant access to airtime when they run out of call credit and have limited funds in their bank accounts, ensuring customers can stay connected when it matters most.

 

In today’s always-on world, running out of airtime is more than a minor inconvenience. It can mean missed opportunities, disrupted plans, and lost connections, often at the very moment when funds are tight, and options are limited. Quick Airtime Loan was created to solve this problem, offering customers instant access to airtime on credit, directly from their bank. With Quick Airtime Loan, eligible GTBank customers can access from ₦100 and up to ₦10,000 by dialing *737*90#. Available across all major mobile networks in Nigeria, the service will soon expand to include data loans, further strengthening its proposition as a reliable on-demand platform.

For years, the airtime credit market has been dominated by Telcos, where charges for this service are at 15%. GTBank is now changing the narrative by offering a customer-centric, bank-led digital alternative priced at 2.95%. Built on transparency, convenience and affordability, Quick Airtime Loan has the potential to broaden access to airtime, deliver meaningful cost savings for millions of Nigerians, and redefine how financial services show up in everyday life, not just in banking moments.

Commenting on the product launch, Miriam Olusanya, Managing Director of Guaranty Trust Bank Ltd, said: “Quick Airtime Loan reflects GTBank’s continued focus on delivering digital solutions that are relevant, accessible, and built around real customer needs. The solution underscores the power of a connected financial ecosystem, combining GTBank’s digital reach and lending expertise with the capabilities of HabariPay to deliver a smooth, end-to-end experience. By leveraging unique strengths across the Group, we are able to accelerate innovation, strengthen execution, and deliver a more integrated customer experience across all our service channels.”

Importantly, Quick Airtime Loan highlights GTCO’s evolution as a fully diversified financial services group. Leveraging HabariPay’s Squad, the solution reinforces the Group’s ecosystem proposition by bringing together banking, payment technology, and digital channels to deliver intuitive, one-stop experiences for customers.

With this new product launch, Guaranty Trust Bank is extending its legacy of pioneering digital-first solutions that have redefined customer access to financial services across the industry, building on the proven strength of its widely adopted QuickCredit offering and the convenience of the Bank’s iconic *737# USSD Banking platform.
About Guaranty Trust Bank

Guaranty Trust Bank (GTBank) is the flagship banking franchise of GTCO Plc, a leading financial services group with a strong presence across Africa and the United Kingdom. The Bank is widely recognized for its leadership in digital banking, customer experience, and innovative financial solutions that deliver value to individuals, businesses, and communities.

About HabariPay

HabariPay is the payments fintech subsidiary of GTCO Plc, focused on enabling fast, secure, and accessible digital payments for individuals and businesses. By integrating payments and digital technology, HabariPay supports innovative services that make everyday financial interactions simpler and more seamless.
Enquiries:

GTCO
Group Corporate Communication
[email protected]
+234-1-2715227
www.gtcoplc.com

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