THE FEDERAL MINISTRY OF PETROLEUM RESOURCES, IN PARTNERSHIP WITH THE IMO STATE GOVERNMENT, HAS OFFICIALLY INAUGURATED THE SOUTH EAST LPG PENETRATION PROGRAMME IN OWERRI, THE STATE CAPITAL.(PHOTO).

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 The Federal Ministry of Petroleum Resources, in partnership with the Imo State Government, has officially inaugurated the South East LPG Penetration Programme in Owerri, the state capital. The event marks the completion of the programme’s nationwide rollout across all five geopolitical zones, championing a shift towards universal clean cooking. Speaking at the ceremony, the Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo, detailed the ambitious goals of the initiative under the Nigeria Decade of Gas agenda. According to him, the programme aims to transition millions of households away from harmful fuels like firewood, charcoal, and kerosene to cleaner, safer Liquefied Petroleum Gas (LPG). He said that key national targets include the distribution of five million cylinders by 2030, converting one million homes annually, and boosting domestic LPG supply to six million metric tonnes per annum, a move expected to generate significant employment. The minister appla...
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COURT JAILS TWO FOR OPERATING BDC WITHOUT LICENCE IN DAMATURU. (PHOTO). #PRESS RELEASE.

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 Court Jails Two for Operating BDC without Licence in Damaturu


Justice Fadimatu Aminu of the Federal High Court, Damaturu has convicted and sentenced the duo of Haruna Ahmadu and Kabiru Iliyasu to separate jail terms for operating Bureau de change, BDC, businesses without an appropriate license.


The defendants were first arraigned on Tuesday, March 12, 2024, by the Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on a one-count separate charge.


The lone charge against Haruna reads: "That you, Ahmadu Haruna, between the month of June 2023 and 2024 in Damaturu, Yobe State, within the jurisdiction of this Honourable Court, did carry on other financial businesses, to wit, bureau de change business without a license issued by the Central Bank of Nigeria contrary to Sections 57 and 59(5) of the Bank and other Financial Institutions Act, 2020."


The defendants pleaded "not guilty" to the charges raised against them by the EFCC when they were read to them. 


As the trial progressed, Iliyasu changed his 

plea and pleaded guilty to the one-count charge prepared against him. Ahmadu did not plead guilty until his trial was concluded.


While counsel to the prosecution, Mukhtar Ali Ahmad, thereafter, prayed to the court to convict him accordingly iliyasu owing to his change of plea.


Justice Aminu, thereafter, in a separate judgment, convicted and sentenced the convicts thus: four years imprisonment for Iliyasu with an option of fine of N500,000( Five Hundred Thousand Naira) and two years imprisonment with for Ahmadu with  an option of  N100,000(One Hundred Thousand Naira).


The convicts bagged their imprisonment when they were arrested for operating bureau de change businesses without requisite licenses.  They were charged to court and convicted.

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