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 SAPHIRE SCENTS MD FOR N12M FRAUD.(PHOTO).#PRESS RELEASE.

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EFCC Arraigns Saphire Scents’ MD for N12 million Fraud.  

The EFCC has arraigned the Managing Director of Saphire Scents Limited, Adewale Aladejana, before Justice M. A Madugu of the Federal High Court sitting in Bwari, Abuja, for obtaining money under false pretence to the tune of N12,000,000 (Twelve Million Naira) only.

He was arraigned on Tuesday,  October 4, 2022 on three- count charges bordering on misappropriation and obtaining under false pretence.

Specifically,  he allegedly collected the sum of N12 million from potential  investors in his company, with a promise of turnover in six months, without offering any profit or returning the invested funds to his investors. 


 

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