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 ARREST BANKER FOR ALLEGED N18 MILLION FRAUD.{PHOTO}.#PRESS RELEASE.

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     The Benin Zonal Office of the Economic and Financial Crimes Commission, EFCC, has arrested a staff of First Bank of Nigeria Plc, Philips Orumade, for allegedly stealing the sum of Eighteen Million, Nine Hundred Thousand naira ( N18,900,000) from the bank.
Orumade, who was said to be in charge of ATM gallery keys at Aduwawa branch of the bank , on November 3 , 2019 allegedly disappeared with the said amount and efforts to trace him proved abortive.
According to the bank, the suspect was captured by the CCTV footage, walking into the ATM gallery, before using a nylon bag to cover the CCTV. The suspect has been on the run and was recently apprehended in Lagos.
He has made useful statements and will soon be charged to court as soon as investigations are completed.
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