COURT JAILS TWO FOR N14.8M FRAUD IN MAIDUGURI. (PHOTO). #PRESS RELEASE.

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 Court Jails Two for N14.8m Fraud in Maiduguri Justice B.T Zannah of the Borno State High Court sitting in Maiduguri, on Monday, July 13, 2026 convicted and sentenced two to three years imprisonment. The convicts are: Babagana Bukar and Hauwa Chabri.  The convicts were arraigned on Monday, July 13, 2026 by the Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on a separate one -count charge for the offence of criminal misappropriation to the tune of N14,800,000.00 (Fourteen  Million, Eight Hundred Thousand Naira). The charge against Bukar reads: "That you, Babagana Bukar sometimes in 2025 at Maiduguri, Borno State within the jurisdiction of this honourable court, dishonestly misappropriated and converted to your own use the aggregate sum of N8,800,000.00 (Eight Million, Eight Hundred Thousand Naira)  money belonging to Bunu Gambo Liman, being amount given to you through Babakura Umar and Bello Adamu for the supplies of 100 bags of IRS...
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ANY AMOUNT ABOVE N62K AS MINIMUM WAGE WILL CREATE JOB LOSSES- NECA. (PHOTO).

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 Any amount above ₦62k as minimum wage will create job losses - NECA


The Nigeria Employers Consultative Association (NECA) says any amount above ₦62,000 approved as a minimum will create job losses.


Adewale-Smatt Oyerinde, Director-General of NECA said this while speaking with journalists on Tuesday in Abuja.


He spoke on the sidelines of the third edition of the Nigeria Employers Summit with the theme, “Economic Renaissance: Harnessing Government Reforms and Private Sector Agility,”


Oyerinde said that the organised private sector cannot afford above ₦62,000 as agreed during the tripartite committee negotiation meetings.


According to him, any figure above ₦62,000 will create two different dynamics – setting the tone for non-compliance and attendant litigations -.


He stressed that setting a national minimum wage that will take away the ability to pay will set the stage for litigation and crisis.


On the allegation of delay in the process, Oyerinde said that there was no delay as the process was ongoing, accordingly.


“There is no waiting game and I think we have to put all this in context. It is misinformation,’ he said.


He said after the tripartite committee recommends to the President, a bill is expected to be sent to the national assembly for legislation.

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