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"Synergy, Commitment Are Key to Global Energy Sustainability, Says Bounour

By Favour Ifeoluwa & Akinola Ajibade  The Chief Executive Officer, Egbin Power Plc, Mr Mohktar Bounour says global transition to cleaner energ and sustainable environment are achievable, as long as there is strong synergy and commitment among stakeholders in the value chain.  He spoke during the maiden edition of  Asharami Square in Lagos. This is an initiative introduced and implemented by the Sahara Group, in order to amplify discourse on energy sustainability through  media advocacy globally. He said: " Having analyzed the percentage of global greenhouse emissions attributed to sectors including electricity/heat production, agriculture/forestry and transportation, we are realised that there is need for synergy  and renewed commitment among stakeholders". According to him, Egbin Power has unwavering commitment to reduce carbon emissions and promotes sustainable energy sources, stressing that the need to depeening engagement and advocacy among stakeholders in
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DSS arrests officials selling new naira notes


By Akinola Ajibade


The Department of State Services(DSS) has  arrested some members of an organised syndicate selling the new naira notes in parts of the country,the agency has said in a statement.

DSS, however, has refused to disclose their  names and locations. 

Also, the agency said that some  officials of a commercial bank  were aiding and abetting the crime. 

This comes on the heels of efforts of the anti-corruption agencies namely  Economic and Financial Crimes Commission, EFCC, and the Independent Corrupt Practices Commission, ICPC,  to invoke the acts establishing them on the banks. 

In a statement issued yesterday and signed  by the agency's Public Relations Officer, Dr. Peter Afunanya,  DSS warned that it would go after those involved in the malfeasance.


The statement read: “The Department of State Services, thereby informed the public that it has intercepted some members of organised syndicates involved in the sale of the new re-designed naira notes.

In the course of its operations, in this regard in parts of the country, it was also established that some commercial bank officials are aiding the economic malfeasance.

Consequently, the Service warns the currency racketeers to desist from this ignoble act, adding that appropriate regulatory authorities would henceforth step up their monitoring and supervisory activities in order to  address the problem. 

DSS said: " “It should be noted that the Service has ordered its commands and formations to further ensure that all persons and groups engaged in the illegal sale of the notes are identified.

‘’Therefore, anyone with useful information relating to this is encouraged to pass the same to the relevant authorities”.

Meanwhile, Nigerians are facing problems swapping old for  new notes in banks, despite the decision by President Muhammad Buhari to extend the deadline for the changing of naira notes for 10 days.


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