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, JTF ARREST 215 SUSPECTED CURRENCY RACKETEERS IN ENUGU. (PHOTOS). #PRESS RELEASE.

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 EFCC, JTF Arrest 115 Suspected Currency Racketeers in Enugu


  …. Recover N110m, $8,368


Operatives of the Enugu Zonal Command of the Economic and Financial Crimes Commission, in conjunction with a Joint Task Force comprising  five teams from the Nigeria Police Force and three teams from the Nigeria Customs Service on Wednesday, February 21, 2024 arrested 115 (One hundred and fifteen) suspected currency racketeers in Enugu State.

 

The suspects comprising 113 (One hundred and thirteen) males and two  females were arrested  in a sting operation at Owerri Road, Ogui, Enugu State, following credible intelligence about some  bureau de change operators, currency speculators and street hawkers operating illegal foreign exchange markets in that environment.

 

Items recovered from them include:  N110, 700,000.00 (One Hundred and Ten Million, Seven Hundred Thousand  Naira) only,  $8,368.00 (Eight Thousand, Three Hundred and Sixty Eight United States Dollars), £145.00 (One Hundred and Forty Five Pounds),  €2,725 (Two Thousand, Seven Hundred Twenty Five Euros),  900 South African Rands, 32,000.00 CFA, 100 Turkiya, and 500 Bank Mozambique currencies in different denominations. A safe abandoned by one of the street hawkers was also recovered.


Preliminary investigation showed that some of the suspects are foreigners

from Niger Republic.  


They would soon be charged to court.


More photos below. 



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