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...

EFCC ARRESTED SUSPECTED SERIAL FRAUDSTER.{PHOTO}.

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     The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, on Friday, August 31, 2018 arrested a serial fraudster, Olufunmilade Adeyemi, Managing Director, Stealth Communication Limited, for fraud.
The suspect, who once presented himself as Alexandra Moses, had previously been arrested in Ghana with the assistance of the Ghanaian authorities and brought back to Nigeria for prosecution, following a complaint against his alleged criminal activities.Adeyemi was subsequently arraigned before Justice O. A. Williams of the State High Court, Ikeja, Lagos, for offences bordering on obtaining by false pretence and diversion of funds. He pleaded not guilty when the charges were read to him and was granted bail. Meanwhile, even as he is still facing trial before the State High Court, Ikeja, the suspect, who now claims to be Aladura Moses, was said to have floated another company under a different name. He was alleged to have been recruiting unsuspecting job seekers whom he uses to sell non-existent lands to members of the public, since he started the new company located in the Ikoyi area of Lagos State.The suspect was, however, arrested today in a sting operation by operatives of the EFCC. He will soon be charged to court when investigations are concluded.
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