Business
Banker Docked For Alleged N596,000 Fraud
A 25-year-old banker, Ibrahim, Ibrahim Garba, appeared before the Funtua Chief Magistrate’s Court in Katsina State on Friday on allegations that he defrauded 12 customers of N596,000.
Garba, a resident of Unguwar Wanzamai in Funtua and a Transaction Processing Assistance (TPA) with Bank PHB, Funtua branch, was accused of dishonestly collecting the money meant for deposits and converting same to personal use.
The prosecuting police officer, Sgt. Antak Bawa, told the court that the offence was committed at different times and reported by one Mannir Babangida, the bank’s Branch Accountant, on April 26.
Bawa said during police investigation, the accused refunded N407,000 and refused to pay the balance of N189,000 belonging to one Tasi’u Bello.
The prosecutor added that the accused jumped bail and was later apprehended at Tudun-Wada in Kaduna.
When the charges were read, the accused pleaded not guilty.
The Chief Magistrate, Kabir Malumfashi, granted the accused bail in the sum of N50,000 with two sureties in like sum and adjourned the case to July 29.
Business
FEC Approves Concession Of Port Harcourt lnt’l Airport
Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
