PRESIDENT TINUBU APPOINTS MINISTER OF STATE FOR PETROLEUM RESOURCES (GAS) AS CO-CHAIRMAN OF NCDMB GOVERNING COUNCIL. (PHOTO). #PRESS RELEASE.

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 STATE HOUSE PRESS RELEASE  PRESIDENT TINUBU APPOINTS MINISTER OF STATE FOR PETROLEUM RESOURCES (GAS) AS CO-CHAIRMAN OF NCDMB GOVERNING COUNCIL In line with his avowed commitment to establish a more efficient, targeted, and consistent approval process for unique oil and gas projects in the country, President Bola Tinubu has approved the appointment of Mr. Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), as the Co-Chairman of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB). This is also to further ensure effective oversight of the gas aspect of the nation's assets. The President remains committed to unlocking Nigeria's immense gas potential to stimulate industrial development, job creation, and sustainable economic growth. Chief Ajuri Ngelale Special Adviser to the President (Media & Publicity) May 9, 2024

F.H.C IN RIVERS STATE,CONVICTED & SENTENCED A EX-BANKER FOR DEFRAUDING HIS BANK 'DIAMOND BANK'.{PHOTO}.

                                                                                                                        Justiice M.A Onyetenu of the Federal High Court sitting in Port Harcourt,River State has convicted and sentenced a former banker,Ikechukwu Chukwuma,to six months imprisonment for defrauding his bank,Diamond Bank,a sum of N28,000.00 {Twenty Eight Million Naira}.The judge also ordered the convict to pay the sum of N15,000.00 {Fifteen Million Naira} as a restitution to the bank.The sentence is to run from the day he was convicted.15 March,2016.Also,an illegal oil bunkerer,Basil Anoliefo was convicted and sentenced to one year imprisonment.Chukwuma,a Resident Internal Control Branches {both in Port Harcourt,Rivers State} and Yenagoa Brabch {Bayelsa State} of Diamond Bank Plc,used his position and influence to fraudulently transfer the sum of N28,000,000.00 into his account.He was first arraigned on 2 July,2012 where he pleaded not guilty to the charge.Justice Onyetenu found him guilty of the three count charges proffered against him and sentenced him to six months imprisonment accordingly.In the same vein,Justice Onyetenu convicted and sentenced Anoliefo to 12 months imprisonment with hard labour for illegal dealing in petroleum products.The judge found the convict guilty of two count charges of conspiracy and illegal dealing in petroleum products brought against him by the EFCC and sentenced him to 12 months imprisonment with hard labour.The sentence is to run from the day he was convicted,9 May,2016.Anoliefo was arrested by Shell Petroleum Development Company,SPDC and handed over to the EFCC on 15 April,2008.The convict was first arraigned n 15 March,2011 where he pleaded not guilty to the charge.                                                                                                        

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