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Tinubu, CBN, Access Holdings pay tributes
By Francesca Hangeior
President Bola Tinubu, Central Bank of Nigeria (CBN)’ governors and Board of Directors of Access Holdings Plc have mourned the death of Wigwe in a helicopter accident.
Tinubu, in a statement by his Special Adviser on Media and Publicity, Ajuri Ngelale, also said the passage of Abimbola Ogunbanjo, Wigwe’s wife and son was shocking.
He described the crash that took away two senior members of the Nigerian business community as “an overwhelming tragedy that is shocking beyond comprehension.”
The statement reads: “After receiving an official confirmation of events, President Bola Tinubu received with shock and deep distress the news of the passing of Mr. Herbert Wigwe, top banker and entrepreneur, and Mr. Abimbola Ogunbanjo, , former group chairman of the Nigerian Exchange Group Plc, along with members of the Wigwe family.
“Mr. Herbert Wigwe, CON, was the group chief executive officer of Access Holdings Plc and founder of the How Foundation.
“President Tinubu mourns these exceptional Nigerian business leaders and describes their passing as ‘an overwhelming tragedy that is shocking beyond comprehension.
“The President condoles with the Wigwe and Ogunbanjo families, the business community, and all those impacted by this harrowing incident.
“President Tinubu prays for the peaceful repose of the departed and asks God Almighty to comfort the multitude of Nigerians who are grieving and the families of the deceased at this deeply agonizing moment.”
Olayemi Cardoso, governor of the CBN in a terse statement, also condoled the Wigwe and the Ogunbanjo families.
Cardoso prayed for the repose of the souls of the deceased.
Details of how helicopter crash claimed Herbert Wigwe, wife, son, others emerge
He wrote” “Our profound condolences to the Wigwe family and Access Holdings on the passing of the co-founder and Group Chief Executive Officer of Access Holdings, Dr. Herbert Wigwe, his wife, Chizoba, and son, Chizi, alongside Otunba Abimbola Ogunbanjo, former Group Chairman of the Nigerian Exchange Group, in the United States of America, on February 9, 2024.
“May their souls rest in peace.”
Access Holdings Plc board of directors which formally announced demise of its GCEO, expressed its “deep and sincere sympathies” to the Wigwe family.
It described Wigwe as “a key driving force and a larger-than-life personality” with a “vast business experience.”
In a statement, the board said: “The entire Access family mourns the loss of Herbert, Doreen and Chizi. We extend our deep and sincere sympathies to his family and loved ones. Dr. Wigwe was a key driving force and a larger-than-life personality who brought his remarkable passion, energy, and experience to the transformation of the Access franchise since joining the Bank in 2002.”
The statement also quoted the Chairman of Access Holdings, Abubakar Jimoh, as saying: “The Access Family has suffered a major loss with the passing of Wigwe who was a great friend and fine gentleman. He had a prodigious intellect, admirable personal qualities, and vast business experience which he brought to bear on the Access Family and for which we owe him a debt of gratitude.
“We remain confident that the Access Group will build further on Dr. Wigwe’s legacy of growth and operational excellence.
The company also announced that it would soon announce an acting Group Chief Executive Officer to replace Wigwe.
Finally, Minister of Power Adebayo Adelabu has resigned from President Bola Tinubu’s cabinet.
In a resignation letter dated April 22, 2026, and addressed to President Bola Tinubu, Adelabu said the decision would take effect from April 30, 2026, to allow for a smooth transition.
The letter, routed through the Office of the Secretary to the Government of the Federation, stated that he was stepping down with “a deep sense of honour and profound gratitude.”
He wrote, “I write with a deep sense of honour and profound gratitude to formally tender my resignation as the Honourable Minister of Power of the Federal Republic of Nigeria. This resignation is to take effect on 30th April 2026, in order to allow sufficient time for a smooth and orderly handover of responsibilities.”
Adelabu thanked the President for the opportunity to serve, describing his appointment as a privilege.
He said, “Your Excellency, I remain sincerely grateful for the privilege and confidence you reposed in me by appointing me to serve our great nation in this capacity.
It has been a rare honour to contribute to national development under your leadership and to play a role in advancing reforms in the power sector—one of the most critical foundations of Nigeria’s industrial growth and economic transformation.”
By Gloria Ikibah
As part of efforts to strengthen the country’s security architecture, President Bola Tinubu, has sent a formal communication to the House of Representatives on seeking legislative approval for the repeal and re-enactment of the Nigerian Police Trust Fund (NPTF) Establishment Act, 2025.
The request which was transmitted to the House for consideration and passage on Wednesday at plenary, underscores the need to improve the management and administration of the fund, enhance police training, and provide modern equipment for the Nigeria Police Force.
According to the letter,, the proposed amendment is aimed at boosting the operational capacity, accountability, and sustainability of the Police Trust Fund in line with current security challenges.
The President urged lawmakers to give the bill expeditious consideration, as the said the reform will improve the welfare of police personnel and support skill development across the force.
In another development, the House Committee on Rules and Business has moved to tighten legislative discipline, directing all standing and ad hoc committees to submit reports on bills and motions within set timelines in line with House procedures.
Chairman of the committee, Rep. Francis Uwaive, reminded all committee chairmen to treat all assigned matters within 30 days, with the risk of losing such assignments after 60 days if no progress is made, except where a short extension is granted.
A firm deadline has also been set for all outstanding reports, with the end of April 2026 as the cut-off point, and non-compliance attracting automatic discharge.
Amid the formal proceedings, lawmakers briefly paused to celebrate two members marking their birthdays, acknowledging their contributions to public service and national development.
The mood later shifted as the House paid tribute to a former member of the Fifth Assembly, observing a minute’s silence in his honour following his passing after a prolonged illness.
He was remembered for his dedication and service to his constituents in Benue State, with colleagues noting that his death represents a significant loss to the legislature and the country.
Iran’s Revolutionary Guards said on Wednesday that their naval forces stopped two ships attempting to cross the Strait of Hormuz and directed them to the territorial waters of the Islamic Republic.
“The Islamic Revolutionary Guard Corps naval force this morning identified and stopped in the Strait of Hormuz two violating ships,” the Guards said in a statement.
“The two offending ships… were seized by the IRGC’s naval forces and directed to the Iranian coast.”
They identified one ship as “MSC-FRANCESCA”, which they said belonged “to the Zionist regime” in reference to Israel, and the other as “EPAMINONDAS”, which they said was “tampering with navigation systems and jeopardising maritime security.”
The Guards further warned against any action against the regulations imposed by the Islamic republic in the strait “as well as activities contrary to the safe passage” through the waterway.
Tehran has said vessels must seek permission to leave of enter the Gulf through Hormuz, through a route that in peacetime accounts for a fifth of the world’s oil and gas exports along with other vital commodities.
Source: AFP
BREAKING: Finally, Power Minister, Adelabu resigns from Tinubu’s cabinet
Reps Begin Review of Police Trust Fund Law, Tighten Timeline for Committee Work
Iran Seizes Two Ships attempting to cross Strait of Hormuz
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