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

BENIN COURT CONVICTS PHARMACEUTICAL COMPANY FOR ISSUANCE OF DUD CHEQUE.(PHOTO).#PRESS RELEASE.


Benin Court Convicts Pharmaceutical Company for Issuance of Dud Cheque

The Benin Zonal Command of the EFCC on June 21, 2022, secured the conviction of Illustrious Pharmacy and Store Limited before Justice Efe Ikponmwonba of Edo State High Court, Benin City.

The company was arraigned on a one count charge of issuance of dud cheque through one of its directors, Akin Gbenga Samuel.

The charge reads: “that you Illustrious Pharmacy and Store Ltd through one of your Directors, Mr. Akin Gbenga Samuel on or about 21st day of April, 2021 at No, 18 Upper Ekenwa Road, Ugbiholiho Quarters, Benin City, Edo State within the jurisdiction of this Honourable Court did issue a First Bank cheque no: 0060401524 for the sum of N1,000,000(One million naira) to one Francis Ave Ent, for the goods given to you on credit and issued to the said Francis Ave Ent. a cheque to offset the financial obligation, upon presentation in the bank, it was returned unpaid for insufficient funds standing to the credit of the said Illustrious Pharmacy and Store Ltd and thereby committed an offence punishable under Section 1(1)(b)(ii) of Dishonoured Cheques (Offences).Act Cap D11 Laws of the Federation of Nigeria 2004”.

The company pleaded guilty to the charge prompting counsel to the EFCC, I.K. Agwai, to ask the court to convict it.




 

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