FEATURES

FEATURES

The Economic and Financial Crimes Commission, EFCC, has preferred a fresh charge against the former Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, over an allegation that he illegally printed Naira notes while he held sway at the apex bank.


The anti-graft agency, in the four-count charge it entered before the High Court of the Federal Capital Territory, FCT, Abuja, equally accused the former CBN boss of unlawfully approving the withdrawal of about N124.8billion from the consolidated revenue fund.

According to the EFCC, the defendant, acting in violation of law and “with intent to cause injury to the public,” okayed the printing of naira notes without the approval of both the former President, Muhammadu Buhari and the board of the CBN.

Emefiele, who is already facing multiple charges both in Abuja and Lagos, is expected to take his plea before trial Justice Maryann Anenih.

Specifically, the charge against him, read: “That you Godwin Ifeanyi Emefiele, between the 19th day of October 2022 and 5th March 2023 in Abuja, knowingly disobeyed the direction of Section 19 of the CBN Act, 2007, by approving the printing of N375,520,000.00 pieces of colour swapped N1, 000, at the total cost of N11,052, 068,062 without the recommendation of the Board of Central Bank and the strict approval of the President, Federal Republic of Nigeria which conduct of yours caused injury to the public and you thereby committed an offence.

“That you, Godwin Ifeanyi Emefiele, between the 19th of October 2022 and 5th March 2023 in Abuja, knowingly disobeyed the direction of Section 19 of the Central Bank of Nigeria Act, 2007, by approving the printing of 172,000,000 pieces of colour swapped N500 (Five Hundred Naira) Notes, at the total cost of N4, 471,066,040 without the recommendation of the Board of Central Bank and the strict approval of the President, Federal Republic of Nigeria which conduct of yours caused injury to the public and you thereby committed an offence.


“That you Godwin Ifeanyi Emefiele, between the 19th day of October 2022 and 5th March 2023 in Abuja, knowingly disobeyed the direction of Section 19 of the CBN Act, 2007, by approving the printing of 137,070,000 pieces of colour swapped N200 (Two Hundred Naira) Note, at the total cost of N3, 441, 005, 280 without the recommendation of the Board of Central Bank and the strict approval of the President, Federal Republic of Nigeria which conduct of yours caused injury to the public and you thereby committed an offence.

“That you, Godwin Ifeanyi Emefiele, on or about the 7th day of October 2020, in Abuja, within the jurisdiction of this Honorable Court, knowingly disobeyed the direction of Section 80 of the Constitution of the Federal Republic of Nigeria, 1999 (As Amended), by approving the withdrawal of the total sum of N124, 860, 227, 865.16 from the Consolidated Revenue Fund of the Federation in a manner not prescribed by the National Assembly, which conduct of yours caused injury to the public and you thereby committed an offence.”

It will be recalled that President Bola Tinubu had on June 9, 2023, suspended Emefiele from office as the head of the apex bank.

He was later arrested at his Lagos residence by DSS operatives.

The former CBN boss was subsequently transferred to the custody of the EFCC, which on November 28, 2023, docked him on a six-count charge that bordered on his alleged involvement in procurement fraud.

Though Emefiele, who initially spent 151 days in custody of security agencies, was later granted bail to the tune of N300million and ordered to produce two sureties that the trial court stressed must be Abuja residents that have landed property within the Maitama District, the defendant could not perfect the conditions till December 23, 2023, when he was released from Kuje prison where he spent about 34 days.

Six men have been arrested for raping a 12 year old girl at Argungu Local Government Area of Kebbi State. 

The girl, whose name was withheld,  went for an errand for her parents when she was accosted by the men and taken to their hideout. 

The suspects include: isah Isma’il, 60yrs, Ibrahim Umar, 45, Mustapha Sani, 44, Dauda Garba, 40, Tukur Bawa, 38 and Muktar Muhammed, 28. 

It was gathered that they were apprehended by men of the Hisbah Command at various locations in Argungu after committing the crime.

A director at the Hisbah Command in Birnin Kebbi said the suspects confessed to committing the offence while being interrogated by the officials of the command.

He added that the suspects and the victim had been handed over to the criminal investigation department of the police command in Birnin Kebbi for further investigation.

The Public Relations Officer of the Police Command, SP Nafi’u Abubakar who confirmed the arrest of the suspects said they are being investigated at the CID in Birnin Kebbi police Command.

Naira’s woes continue for the second week as legitimate operators of Bureau De Change, BDC, await the Central Bank of Nigeria’s intervention.

FMDQ data showed that the naira dipped to N1520.40 per dollar on Tuesday from N1478.11.

This represents N42.29 depreciation against the dollar in the official market compared to N1478.11 traded on Monday.

 

Similarly, in the parallel market section, the naira dropped to N1520 per dollar on Tuesday, compared to N1500 the previous day.

The combined data showed that the margin between official and parallel foreign exchange markets stood at N0.40 on Tuesday.

Speaking about the development, Mistila Dayyabu, a BDC operator at Wuse Zone 4, urged the Central Bank to resume its supply of FX to the retail end of the market as a solution to the naira fluctuations.

“The naira depreciated further to N1,520 per dollar from N1,500 on Monday. We are eagerly waiting for CBN to release additional FX intervention into the retail end of the market,” he said.

From February to April 8, 2024, the apex bank distributed FX three times to BDCs.

However, the naira returned to depreciation in mid-April. During that period, it dropped by 28 per cent against the dollar.

Popular Nigerian singer Ayra Starr has opened up about her relationship status.

According to the 21-year-old singer, she is currently single and hopes to find love soon.

The ‘Bloody Samaritan’ hitmaker also admitted that she has broken a few hearts.

 

Speaking in a recent interview with Angela Yee, Starr said: “I am not in love yet but [I will be] soon. I have broken a few hearts. Not on purpose, though. In case I’ve broken anybody’s heart, it has not been on purpose.”

The Lagos State Police Command, has said that the controversial singer Haberb Okikiola popularly known as Portable would be granted bail only if he is able to produce a reliable surety.


The singer was arrested Tuesday morning following his inability to pay the balance of N14 million out of N27 million worth of a G-Wagon car he purchased from a car dealer.

 

He was said to have paid only N13 million, while refusing to pay the N14 million balance.


Confirming Portable’s arrest to Vanguard, the spokesman for the Lagos State Police Command, Benjamin Hudenyin said the singer will spend the night in the police cell, pending when he’s able to produce a reliable surety before he can be granted bail.

“Yes, he’s with us. A vehicle dealer has lodged a complaint against him.

“If he gets a reliable surety, he will be granted bail,” said the police spokesman.

However, as at 8.30pm, there was no sign of him being released on bail.

Last modified on Tuesday, 14 May 2024 20:59
A public affairs analyst, Sam Amadi has sent a warning to Peter Obi, the Labour Party, LP, presidential candidate in the 2023 election.
 
Speaking on Tuesday, he warned Obi that he can't win 2027 elections without his followers called Obidients.
 
 
Posting on X, Amadi wrote: “NB: you cannot win 2027 presidential election without the unalloyed support of the ObiDients.
 
“The ObiDients are all those who are angry against the status quo and want a change. It’s either @OfficialAPCNg
remains or that change. APC lite cannot win against APC. It’s not 2015.”
 
Amadi’s warning is coming amid reports of a possible merger ahead of the 2027 polls.
 
On Monday, Obi met with the 2023 Peoples Democratic Party, PDP, presidential candidate, Atiku Abubakar, in his residence in Abuja.
 
In a separate meeting, the former Anambra State governor also met with ex-Senate President, Bukola Saraki and former Foreign Affairs Minister, Ibrahim Lamido.
 
Reacting, the LP had said the meetings were aimed at rescuing Nigerians from their current sufferings.
Last modified on Tuesday, 14 May 2024 20:45

Nigerian Fuji maestro, Wasiu Alabi Pasuma attended the convocation ceremony of his daughter, Aliyah Mofiyinfoluwa Odetola, at the  University of Illinois Urbana Champagne in Chicago, USA.

The singer, via his official Instagram on Saturday, shared a video from the ceremony expressing gratitude to God.

He wrote, “Haliamdulilahi Robin Al’amin, my daughter, Aliyah Mofiyinfoluwa Odetola, just graduated at University of Illinois Urbana Champagne Chicago with honours. Modupe Olohun Oba, anu nimori gba, kii shagbara.”

Pasuma

Music maestro, Stevie Wonder has become a citizen of Ghana.
 
The President of the Republic of Ghana, Nana Addo Akufo-Addo conferred the country's citizenship on the music legend and made it public on his official X account on Tuesday.
 
 
The president’s post read, “In conferring Ghanaian citizenship upon Stevie Wonder, we not only extend our warmest embrace to a beloved son of Africa, but also reaffirm our belief in the enduring spirit of Pan-Africanism and the global African family, and the boundless potential of our continent and all its descendants.”
 
A statement from the nation’s presidential website read:
 
It read, “The President of the Republic, Nana Addo Dankwa Akufo-Addo, has conferred Ghanaian citizenship upon the legendary musician, humanitarian, and global icon, Stevland Hardaway Morris, popularly known as Stevie Wonder.
 
“This conferment, according to President Akufo-Addo, not only recognises his immense talent and achievements but also acknowledges his deep connection to the African continent and his tireless efforts to promote unity, solidarity, and cultural exchanges among all peoples of African descent.”
 
He said his decision to become a citizen of Ghana is a testament to his profound respect and admiration for our nation’s history, culture, and values.
 
Describing his new citizenship as a vivid manifestation of the goals of the Year of Return, which was commemorated in 2019 as a bridge between the African peoples on both sides of the Atlantic, he called on all to “draw inspiration from his legacy and strive to build a future where creativity flourishes, diversity is celebrated, and the bonds of brotherhood and sisterhood transcend all differences.”
Last modified on Tuesday, 14 May 2024 14:18
Nollywood actress Evan Okoro has raised an alarm over impending demolition of her house.
 
She took to social media to voice her anguish over the impending demolition of her property in Delta State, lamenting, “Nigeria don happen to me.”
 
 
According to Okoro, her efforts to earn a living through various endeavours, including a fish farm and plantation, have been destroyed. She further appealed to the state’s governor, Sheriff Oborevwori, urging him to intervene and halt the demolition.
 
“Please my governor, do something #sheriffoborevwori,” Evan Okoro implored in a post via her Instagram handle on Tuesday.
 
“I’m just a struggling, hardworking lady who is trying to earn a living in your state, Asaba, Delta State. Our sweet and handsome governor please sir do something. My whole world is crumbling,” she lamented.
 
The actress noted that she has not only lost her home but also her means of livelihood.
 
“It is not fair, I am heartbroken right now, why are they doing this to us? Nigeria don happen to me. Everything is gone, my fish farm is gone. My plantation is gone,” she lamented in a video she posted.
 
She further acknowledged the government’s authority over land ownership and pleaded for compassion.
 
“All lands belong to the government I know, even my father’s house in the village. Please do something sir #sheriffoborevwori our very own Governor please sir.”
 
However, the demolition of properties tagged ‘illegal’ has been ongoing across the country.
 
A businesswoman, identified simply as @lashiskin_ on Instagram, was traumatised after a demolition notice was issued by the Lagos State Government on the building her family purchased in the Eti Osa Local Government Area of the state.
 
The fair-skinned lady, who, based on her Instagram profile, indicated that she was into the skincare business, was seen shedding tears uncontrollably over the development in a viral video she posted on her page late Sunday.
 
In the video, the businesswoman was lamenting that her family purchased the property in February 2024, adding that all their hard work was expended on its purchase.
 
She said, “We bought our property in February and we have only been there for two months. All the hard work, all the sleepless nights, everything… If you are in Lagos, you know how much property in Eti Osa costs.”
The General Overseer of the Redeemed Christian church of God, RCCG, Pastor Enoch Adeboye, has revealed his hero.
 
He named legandary heavyweight champion, Muhammad Ali as his hero in boxing.
 
 
Pastor Adeboye said Ali never let his guard down during his boxing days, adding that his foot work was next to none.
 
He spoke at the church monthly thanksgiving service and special service for athletes, youths, businessmen and woman and their families at the church national headquarters, The Throne of Grace Parish, Ebute-Metta in Lagos.
 
According to Adeboye: “In boxing, my coach taught me years ago, I told you I used to be a boxer, I know I don’t look like one now. My coach warned us, “don’t let down your guard that’s your shield but when you go to battle against the opponent make sure you are protecting your head. Keep your guards up.
 
“The only fellow that we know in boxing at least in those days who never bothered about the shield up there (his head) is because he had his own shield on his legs. It is the fellow known as Muhammad Ali because he has a footwork that is second to none.
 
“So when you are trying to get him, he doesn’t bother, he is not wasting his time shielding because he knows he can float like a butterfly and sting like a bee.
 
“If you know anything about boxing, he happens to be my hero. You will not find a scratch on his face, he doesn’t allow the enemy to get close to his face at all by using his legs. Now, if you are not a Muhammad Ali, keep on your shield. That’s for the sportsmen.”