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the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.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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LASG SYMPATHISES WITH RESIDENTS OVER FLASH FLOODS .(PHOTO).#PRESS RELEASE.

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LASG SYMPATHISES WITH RESIDENTS OVER FLASH FLOODS 


...Cautions Motorists and Pedestrians To Remain Vigilant Wading Through Flooded Terrain

...Says Oko-Oba Drainage Channel is Undergoing Expansion

The Lagos State Government has sympathised with residents over heavy flash flooding experienced in several parts of the State, including Oko-Oba in Agege, urging everyone to remain vigilant and cautious.

A statement signed by the Commissioner for the Environment and Water Resources, Mr. Tunji Bello, explained that the flash flooding experienced in some areas, especially old Oko-Oba Road, resulted from the over 10 hour-rainfall that overflowed the Oko-Oba Canal Channel presently undergoing expansion.

His words: “The Oko-Oba Canal in Agege is being expanded to allow for the containment of more stormwater to reduce flooding in the area”.

Bello advised motorists and residents to exercise caution and restraint while wading through floods during heavy rainfall because of the inherent danger.

Pointing out that the expansion project was stalled due to the intensity of rain within the past few weeks, the Commissioner gave an assurance that the Lagos State Government is committed to timely completion of the project.

He clarified that the coastal nature of Lagos makes it inevitable to experience flooding during a heavy downpour, especially in cases of the type of high-intensity rainfall experienced in the last 36 hours.

While assuring residents that the risen water level will recede into the drainage channels a few hours after the heavy downpour, Bello appealed to Lagosians to remain cautious as the heavy rains will persist until the end of August.

“All those in depressed and low-lying areas in the State at this period must be wary of the water level and ready to move to high areas during the rainfall to safeguard lives and property”, the Commissioner said.

He enjoined residents to support the efforts of Emergency Flood Abatement Gangs of the State by not dumping refuse into drains and canals. 


 

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