PRESIDENT TINUBU RECONSTITUTES THE BOARD OF THE NIGERIAN ELECTRICITY REGULATORY COMMISSION. (PHOTO). #PRESS RELEASE

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 STATEHOUSE PRESS RELEASE   President Tinubu Reconstitutes the Board of the Nigerian Electricity Regulatory Commission   President Bola Ahmed Tinubu has approved the reconstitution of the Board of the Nigerian Electricity Regulatory Commission (NERC), following the Senate's confirmation of its members on December 16.   Members of the reconstituted Board are:   • Mulisiu Olalekan Oseni, PhD. — Chairman   Dr Oseni started his service as a Commissioner in January 2017. He was subsequently appointed Vice Chairman of the Commission.   His appointment as Chairman took effect from 1 December 2025 and shall subsist until the completion of his ten-year tenure at the Commission, in accordance with the provisions of the Electricity Act, 2023.   • Yusuf Ali, PhD. — Vice Chairman   Dr Ali was first appointed as a Commissioner in February 2022. His designation as Vice Chairman took effect on 1 December 2025 and shall remain in effect until the completion o...
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EFCC ARRAIGNS SENATOR KUMO,HON. POLOMA OVER N450 MILLION FRAUD TODAY.{PHOTO}.

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     The Economic and Financial Crimes Commission, EFCC Gombe Zonal office arraigned the duo of Senator Saidu Umar Kumo (Garkuwan Gombe) and Hon. Nuhu Poloma before Justice Nehizena Apolabi of the Federal High Court Gombe on five counts charge bordering on conspiracy and Money Laundering.
The duo were alleged to have on the 27th March, 2015 visited Fidelity Bank Plc Gombe Branch where they signed and collected the sum of Four Hundred and Fifty Million Naira Only (N450, 000, 000) after presenting a photocopy of their identification cards.
The money was suspected to be proceeds of illegal acts.
Specifically, Senator Kumo took the sum of One Hundred and Eleven Million Naira (N111, 000, 000) out of the Four Hundred and Fifty Million Naira (N450, 000, 000) at the bank and instructed one Abba Sunday Agaba, the Fidelity Bank official to deliver the remaining balance of Three Hundred and Thirty Three Million, Five Hundred Thousand Naira only (N333, 500, 000) to the Cashier, Government House Gombe.
Investigation revealed that out of his share, Senator Kumo gave Two Million Naira only to Hon. Poloma, used the sum of Three Million Naira personally and failed to accounted for the remaining balance of One Hundred and Six Million Naira which was collected by him at the bank.
Count one of the charge read "That you, Senator Saidu Umar Kumo and Hon. Nuhu Poloma on or about 27th March, 2015 within the Jurisdiction of this Honourable Court did conspire between yourselves to accept cash payment of the sum of Four Hundred and Fifty Million Naira Only (N450, 000, 000) from one Abba Sunday Agaba a cash officer with Fidelity Bank, which exceeds the statutory limit authorised by law and thereby committed an offence contrary to and Punishable under Section 18 (a) and 16 (2) (a) of the Money Laundering Act 2011 as amended.
They pleaded not guilty to all the five count charge read against them.
The Prosecution counsel, Israel Akande then prayed the Honourable Court for a date to commence trial
While adjourning the case to 5th of December, 2018, Justice Afolabi granted the defendants bail in the sum of Ten Million Naira (N10, 000, 000) each with two sureties in like sum with an undertaking to produce them at every sitting, otherwise they will forfeit the bail sum.
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