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 MAN FOR ALLEGED $5M,N800M CYBER-SECURITY SOFTWARE INVESTMENT SCAM. (PHOTOS).#PRESS RELEASE.

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EFCC Arraigns Man For Alleged $5m, N800m Cyber-security Software Investment Scam

The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, on May 9, 2023, arraigned one Sennaike Opeoluwa before Justice O.A. Okunuga of the Lagos State High Court sitting in Ikeja, Lagos on a six-count charge bordering on obtaining money by false pretence, forgery and possession of false documents. 

Opeoluwa was arraigned alongside his firm, Sennaike Consulting Limited for allegedly fraudulently obtaining the sums of $5 million and N800 million from unsuspecting members of the public.

He pleaded "not guilty" when the charges were read to him.

In view of his plea, the prosecution counsel, Ahmed Yerima, prayed the court for a trial date and for the remand of the defendant. 

The defence counsel, Akeem Akinroye, made an oral application for the bail of his client, arguing that "he doesn't constitute a flight-risk". 

Justice Okunuga, however, noted that the court was a court of records. 

The defendant was ordered to be remanded at the Correctional Centre, pending when a formal bail application would be brought before the court. 

The case was adjourned till June 28, 2023 for trial. 

One more photo below. 

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