ENGINEERS FAROUK AHMED, GBENGA KOMOLAFE RESIGN, PRESIDENT TINUBU NOMINATES SUCCESSORS TO THE SENATE FOR APPROVAL. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE PRESS RELEASE   ENGINEERS FAROUK AHMED, GBENGA KOMOLAFE RESIGN, PRESIDENT TINUBU NOMINATES SUCCESSORS TO THE SENATE FOR APPROVAL President Bola Ahmed Tinubu has asked the Senate to approve the nominations of two new chief executives for the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).   The requests followed the resignation of Engineer Farouk Ahmed of the NMDPRA and Gbenga Komolafe of the NUPRC. Both officials were appointed in 2021 by former President Buhari to lead the two regulatory agencies created by the Petroleum Industry Act (PIA).   To fill these positions, President Tinubu has written to the Senate, requesting expedited confirmation of Oritsemeyiwa Amanorisewo Eyesan as CEO of NUPRC and Engineer Saidu Aliyu Mohammed as CEO of NMDPRA.   The two nominees are seasoned professionals in the oil and gas industry.   Eyesan, a graduate of Economics f...
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KANO COURT JAILS TWO BUREAU DE CHANGE OPERATORS. (PHOTOS). #PRESS RELEASE

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 Kano Court Jails Two Bureau De Change Operators 


Justice Mohammed Nasir  Yunusa of the Federal High Court Kano on Tuesday,  February 27 2024, convicted and sentenced two illegal bureau de change operators to one year imprisonment each for operating BDC without an appropriate licence.


The convicts: Munkaila Sani and Mohammed Sani were jailed after pleading guilty to one-count separate charge bordering on engaging in financial operations of bureau de change without a requisite licence, upon their arraignment by the Kano Zonal Command of the Economic and Financial Crimes Commission, EFCC.


The lone-count charge reads ‘’That you Munkaila Sani sometime in February, 2024 in Kano within the jurisdiction of this Honourable Court did engage in a financial operation of bureau de change without a valid licence and you thereby committed an offence contrary to Section 57 (5) of the Banks and Other Financial Institutions Act, 2020 and punishable under Section 57 (5) (B) of the same act.’’

 

Upon arraignment, the defendants pleaded guilty to their respective charges when they were read to them. Based on their pleas, prosecution counsel, Aisha Tahar Habib prayed the court to convict and sentence them accordingly.


Counsel to the defendants, Abdulrahman Isah pleaded with the court to temper justice with mercy as the suspect are elderly and have become remorseful for their actions.


Consequently, Justice Yunusa convicted and sentenced the defendants to one year imprisonment each.


The convicts' began their journey to the Correctional Centre when they were arrested by operatives of the Commission around Wapa BDC market and Grand Central Hotel,  Kano, following reliable intelligence about their involvement in a syndicate operating bureau de change businesses without an appropriate licence.


More photos below. 


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