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Burea De Change: Lebanese Man Dupes Three Lagos Customers, Absconds With N170m.

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Burea de change

A Lebanese and bureau de change operator, Aly Sayad, has been accused of absconding with $487,700 (about N170m) in the Victoria Island area of Lagos State.

It was learnt that three businessmen had approached the suspect in his office on Idowu Taylor Street, Victoria Island, to help them change $487,700 to naira.

He was alleged to have left the men in the office after collecting the money, saying he was going to the bank to transfer the naira equivalent to their various bank accounts.

After waiting for hours, the victims were said to have gone to the bank where Sayad claimed he was going to do the transaction, but could not find him.

He was alleged to have fled with the money.

The case was reported at the Bar Beach Police Division, where a manhunt was launched for the suspect.

A police source told journalists that the incident happened on Tuesday, adding that the complainants approached the police after searching for Sayad for seven hours.

He said, “The three men actually met at the Lebanese man’s office where they gave him money totalling $487,700 which they wanted to change to naira. He told them to wait for him that he would be going to the bank to deposit the dollars and transfer the naira equivalent into their bank accounts.

“The three businessmen waited until banking hours were almost over. They decided to go and check him around 3pm, but they didn’t find him in the bank. After checking at other places without result, they reported the matter to the police.”

The Police Public Relations Officer, Dolapo Badmos, confirmed the incident, adding that nobody knew the address of the suspect.

Badmos, a Superintendent of Police, said, “We are on his trail. The unfortunate thing is that nobody knows his address. We have transferred the matter to the State Department of Criminal Investigation, Yaba, for further investigation. We will surely get him.”

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JUST IN: Education Minister Reverses 18-Year Age Limit For Admission

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The newly appointed Minister of Education, Dr. Tunji Alausa, has announced the removal of the 18-year age limit for admission into tertiary institutions in Nigeria.

He also indicated the possibility of a comprehensive review of the nation’s education policy.

However, Alausa made it clear that there would be no reversal of the Federal Government’s decision to invalidate over 22,700 degree certificates acquired by Nigerians from unrecognized universities in neighboring Togo and the Benin Republic.

Speaking at his inaugural ministerial press conference in Abuja on Wednesday, Alausa emphasized that practical education is key to tackling Nigeria’s unemployment crisis. He stated that tertiary institutions must stop producing graduates without ensuring job opportunities for them.

The minister also revealed plans for the federal government to partner with private sector players to provide training opportunities for students and help them realize their full potential.

Additionally, Alausa announced that universities focused on agriculture would be empowered to implement commercial farming practices as part of efforts to address the country’s food security challenges.

 

More to come…

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JUST IN: 114 Released #EndBadGovernance Protesters Arrive Presidential Villa

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One hundred and fourteen #EndBadGovernance protesters, including minors and adults acquitted by the Federal High Court in Abuja, have arrived at the Presidential Villa.

The protesters, initially arraigned by the Police Force, were released following a court ruling by Justice Obiora Egwatu.

The case was dismissed at the request of the Attorney General of the Federation (“AGF”), Lateef Fagbemi.

Vice President Kashim Shettima, representing President Bola Ahmed Tinubu, is set to officially receive the released protesters.

They are then handed over to their respective Governors, specifically Uba Sani of Kaduna and Abba Yusuf of Kano.

Ministers present at the State House Auditorium in Abuja for the reception include: Tunji Alausa (“Minister of Education”); Nentawe Yilwatda (“Minister of Humanitarian Affairs and Poverty Reduction”); Balarabe Lawal (“Minister of Environment”) and Tanko Sununu (“Minister of State for Humanitarian Affairs and Poverty Reduction”).

Also, Senior Special Assistant on Community Engagement for the Northwest, Abdullahi Yakasai, is in attendance.

Other dignitaries present are Deputy Senate President Jubrin Barau and Chairman, House of Representatives Committee on Appropriation, Abubakar Bichi.

 

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BREAKING: Nigeria’s National Grid Collapses Again, 10th Time In 2024

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Nigeria’s national grid has collapsed again for the 10th time in 2024.

This was revealed by the National grid’s X handle.

This revelation was made after several Nigerians complained of a sudden disappearance of power supply in their houses.

 

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