EMEFIELE: FINANCE MINISTRY UNAWARE OF N124.86BN CBN WITHDRAWAL, WITNESS TELLS COURT. (PHOTO). #PRESS RELEASE

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 Emefiele:  Finance Ministry Unaware of N124.86bn CBN Withdrawal,   Witness Tells Court   A Director in the Federal Ministry of Finance, Ali Mohammed, on Tuesday, October 6, 2026, told the Federal Capital Territory, FCT High Court sitting in Maitama, Abuja, that the Ministry was not aware of the withdrawal of N124.86 billion from the Central Bank of Nigeria, CBN.   Mohammed, who testified as the prosecution witness 10, PW10, in the ongoing trial of the former CBN Governor, Godwin Emefiele, disclosed this while being led in evidence by the prosecution counsel, Abbas Mohammed.   The witness said he appeared before the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.   Explaining his position and responsibilities in the Ministry, Mohammed said, “My Lord, the Department of Home Finance is made up of three functions based in three divisions, that is State and Public...
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DEFENCE RETREAT: DEFENCE MINISTER ASSURES USE OF ENHANCED TECHNOLOGY IN COMBATING SECURITY THREATS.(PHOTOS).#PRESS RELEASE.

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PRESS RELEASE

DEFENCE RETREAT: Defence Minister Assures Use Of Enhanced Technology In Combating Security Threats.

The Minister of Defence, Maj. Gen. Bashir Salihi Magashi (rtd) has assured the use of enhanced technology-driven surveillance and operational security in combating security threats.

Gen. Magashi made this known during the opening ceremony of the Defence Retreat in Asaba, Delta State with the theme, ‘Shaping the Armed Forces of Nigeria for current and future security challenge’.

He said that “the huge inroads by the Nigerian Army in cyber and forensic areas, the employment of the Falcon Eye infrastructure by the Nigerian Navy and the acquisition of unmanned aerial systems (Drones) by the Nigerian Air Force are some of the proves of Government’s investment in upgrading the capabilities of the Nigerian military”.

The Minister noted that some of the technological breakthroughs are enhancing situational awareness for troops and better operational security in the country.

Gen.  Magashi appreciated the chief of Defence Staff; Gen. LEO Irabor for the initiative in organizing the Defence Retreat tagged “Asaba 2022”. He charged the participants to take maximum advantage of the platform to identify possible areas that require tinkering to meet the present-day security challenges.

The highpoint of the event was the unveiling of the new National Military Strategy by the Minister, supported by the Governor of Delta State, Senator Arthur Okowa and other dignitaries.

The retreat was attended by some members of the National Assembly, Service Chiefs, retired Military hierarchies as well as traditional rulers.

 

Victoria Agba-Attah
Director (Press)
10/5/2022

Pics 1: Minister of Defence, Maj Gen Bashir Salihi Magashi(M) fielding questions from journalists during the Defence Retreat in Asaba, Delta State. Flanked by Chief of Defence Staff, Gen LEO Irabor (2nd right); Chief of Army Staff, Lt Gen Faruk Yahaya(right); Chief of Naval Staff, Rear Admiral AZ Gambo (2nd Left) and Chief of Air Staff, Air Marshal Oladayo Gambo(Left)

Pics 2: Minister of Defence, Maj Gen Bashir Salihi Magashi speaking at the Defence Retreat in Asaba, Delta State.
One more photo below. 

 

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