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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ALLEGED N80.2BN FRAUD: EFCC PRESENTS FIRST WITNESS AGAINST YAHAYA BELLO. (PHOTO). #PRESS RELEASE.

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 Alleged N80.2bn Fraud:  EFCC Presents First Witness against Yahaya Bello


The Economic and Financial Crimes Commission, EFCC, on Monday, February 24, 2025 presented its first witness against a former governor of Kogi State,  Yahaya Bello.


Bello is facing a 19-count charge by the EFCC bordering on criminal breach of trust and money laundering to the tune of N80.2bn contrary to Section 18(a) and punishable under Section 15(3) of the Money Laundering (Prohibition) Act, 2011 (as amended).


The witness, Segun Joseph Abeleke, General Manager of EFAB Properties Limited appeared before Justice Emeka Nwite of the Federal High Court sitting in Abuja. 


Adeleke, while being cross- examined by counsel to the EFCC,  Kemi Pinheiro,  SAN,  told the court that he was  into real estate and development of turnkey  projects in places like Maitama, Asokoro, Wuse, and some other locations in Abuja. 


He told the court that, sometime in 2020, while he was in his office, his Chairman,  Chief Dr. Fabian Nwora sent for him and introduced him to a young man by the name Shehu Bello on a particular property in question.


Details later.

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