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...

FCCPC SUMMONS MULTI-CHOICE. (PHOTO).


 FCCPC Summons MultiChoice


The Federal Competition and Consumer Protection Commission (FCCPC) has summoned MultiChoice Nigeria to elucidate its proposed subscription price increment, slated to come into effect on March 1, 2025.


This directive was communicated in a statement endorsed by the Director of Corporate Affairs at FCCPC, Ondaje Ijagwu, and disseminated to journalists in Abuja on Tuesday.


Ijagwu expounded that, in the exercise of its authority as stipulated in Sections 32 and 33 of the FCCPA, the FCCPC has mandated the Chief Executive Officer of MultiChoice Nigeria to appear for an investigative hearing at the Commission's headquarters on Thursday, February 27, 2025.


He emphasized that this course of action was prompted by MultiChoice's formal notification of the impending price adjustment, which has raised apprehensions regarding recurrent unilateral price escalations, potential abuse of market dominance, and alleged anti-competitive behaviors in the pay-TV sector.


The statement reiterated the FCCPC's profound concern over the consistent burden faced by Nigerian consumers due to frequent price hikes, amidst allegations that MultiChoice implements disparate pricing strategies in other markets, thereby amplifying concerns about equity and market misconduct.


A cautionary note was issued stating that, in the event that MultiChoice fails to furnish satisfactory clarifications or is found to be in contravention of equitable market principles, the FCCPC will be compelled to enforce regulatory penalties, sanctions, or other remedial actions to safeguard Nigerian consumers.


Moreover, the FCCPC is actively collaborating with the sector regulator and other pertinent agencies to uphold fair competition and ensure consumer protection within Nigeria's broadcasting and digital subscription sphere. END.

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