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
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COURT JAILS THREE BDC OPERATORS THREE YEARS IN KANO. (PHOTOS). #PRESS RELEASE

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 Court Jails Three BDC Operators Three Years in Kano


Justice Mohammed Nasir Yunusa of the Federal High Court, Kano on Wednesday, February 28, 2024, convicted and sentenced three illegal bureau de change operators to three years imprisonment for operating without a requisite licence.  


The convicts: Umar Ibrahim Muhammad, Abubakar Yakubu Garba and Muhammad Tijjani were jailed after pleading guilty to one-count   separate charges of illegal dealing in foreign currency without an appropriate licence.


The lone-count charge reads: “That you Ibrahim Muhammad, 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.”


They all pleaded “guilty” to the charge read to them in English and interpreted in Hausa, upon which prosecution counsel, Aisha Tahar Habib prayed the court to convict and sentence them accordingly, while the defence counsel pleaded for mercy and leniency.


 Justice Yunusa thereafter convicted and sentenced Muhammad, Garba and Tijani to one year imprisonment each with an option of fine of N100,000(One Hundred Thousand Naira) each.


Their road to jail began when they were arrested by operatives of the Kano Command of the EFCC for operating a BDC without an appropriate licence.


More photos below. 



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