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.
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.”
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A 29-year-old woman identified as Torkwase Kpile has been accused of stabbing her husband to death over an argument over s3x in Achusa Village, Makurdi Local Government Area of Benue State.
DAILY POST reproted that the couple, who got married two months ago, disagreed over s3x before the lady picked up a kitchen knife and stabbed the man in the neck.
She reportedly stabbed Igbah Kpile, her husband, in several parts of his body before he collapsed.
Neighbours who were attracted by Kpile’s scream rushed into the house and met him in a pool of blood while his wife, unremorseful and angry, alleged that her husband was disturbing her for s3x.
Though rushed to a nearby clinic in Makurdi, Kpile died on the way and was confirmed dead on arrival by the doctor on duty.
In the meantime, Torkwase, the suspect, has been on the run and the police have commenced an investigation into the murder.
A man identified as Hamisu Abdullahi has been arrested by a vigilante group in Zamfara state known as Askaraw, for helping bandits to coordinate attacks.
It was gathered that he was arrested on Monday, May 13, 2024, in Kabrawa under the Farfaru emirate in Maru Local Government Area of the state and handed over to the security.
Intelligence sources told security analyst, Zagazola Makama, that Hamisu's spying activities and that of his accomplices were responsible for the attacks on troops and towns in Maru and other LGA in Zamfara state.
“On interrogation, he confessed to having revealed troops’ movements and position to his bandits collaborators. Investigation is however ongoing to unravel the network of local informants whose nefarious activities have endangered troops on clearance operations in Zamfara state," the source said.