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the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.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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I MADE MY WEALTH FROM INHERITANCE- TINUBU. (PHOTOS).

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I Made My Wealth From Inheritance - Tinubu 

Bola Tinubu has claimed real estate inheritance as the source of his stupendous wealth in the latest version of his ever-changing narratives regarding how he came about the billions of dollars he is believed to be sitting on.

The All Progressives Congress presidential candidate for 2023 said he inherited a substantial real estate that grew even bigger following shrewd investing decisions, a claim that contradicted his previous interviews in which he cited bonuses from earnings as a mid-level official at Deloitte.

Mr Tinubu has also previously claimed he became wealthy following his retirement outlays as a senior treasurer with oil giant Mobil in the late 1980s.

“I inherited great real estate. I turned the value around. I’m not denying my wealth,” Mr Tinubu said in the interview posted on BBC Africa’s Facebook page.

Mr Tinubu, 70, slammed his critics as enemies of wealth for wondering how he was about to build a multibillion-dollar empire despite lacking any background as an industrialist or business executive.

“Are they enemies of wealth? If they are not enemies of wealth, investments do yield,” Mr Tinubu said.


 

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