The Mandate Secretary for FCTA Education Secretariat, Alhaji Sani El-Katuzu, made the threat on Tuesday in Abuja.
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Umahi gave the directive for the dissolution in a statement by Kenneth Ugbala, the Secretary to the State Government and Coordinating Commissioner.
Simply identified as Mike, the fraudster was arrested in Port Harcourt, Rivers State, with the assistance of the Economic and Financial Crimes Commission