COURT JAILS TWO FOR N14.8M FRAUD IN MAIDUGURI. (PHOTO). #PRESS RELEASE.

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 Court Jails Two for N14.8m Fraud in Maiduguri Justice B.T Zannah of the Borno State High Court sitting in Maiduguri, on Monday, July 13, 2026 convicted and sentenced two to three years imprisonment. The convicts are: Babagana Bukar and Hauwa Chabri.  The convicts were arraigned on Monday, July 13, 2026 by the Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on a separate one -count charge for the offence of criminal misappropriation to the tune of N14,800,000.00 (Fourteen  Million, Eight Hundred Thousand Naira). The charge against Bukar reads: "That you, Babagana Bukar sometimes in 2025 at Maiduguri, Borno State within the jurisdiction of this honourable court, dishonestly misappropriated and converted to your own use the aggregate sum of N8,800,000.00 (Eight Million, Eight Hundred Thousand Naira)  money belonging to Bunu Gambo Liman, being amount given to you through Babakura Umar and Bello Adamu for the supplies of 100 bags of IRS...

NATIONAL COUNCIL ON PRIVATISATION {NCP} APPROVES 8 PROJECTS.{READ}.

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      The National Council on Privatisation (NCP), chaired by Vice President Professor Yemi Osinbajo, met on August 22 and 23, 2017, and approved the following:
1. Commencement of privatisation of Afam Power plants 1-5 to inject additional power into the national grid & improve electricity nationwide.
2. Pursuit of an out-of-court settlement involving the privatisation of Aluminium Smelter Company of Nigeria (ALSCON).
3. The immediate revocation of the concession of the Lagos International Trade Fair Complex.
4. Immediate commencement of a fresh privatisation of Yola Electricity Distribution Company.
5. Amendments to Work Plan for the conclusion of the transaction for the concessioning of Terminal “B” Warri Old Port.
6. The restructuring and recapitalisation of the Bank of Agriculture.
7. Immediate commencement of reform and commercialisation of the River Basin Development Authorities, to revitalise irrigation.
8. The partial commercialisation of Nigeria's National Parks using three key national parks as pilot projects.
The NCP is the highest decision-making body on the privatisation and commercialisation policies of the Federal Goverment of Nigeria.
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