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the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.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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OBASANJO ENDORSED PETER OBI FOR PRESIDENCY.(PHOTO).

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Former President Olusegun Obasanjo has endorsed Peter Obi of the Labour Party (LP) for the presidency.

He made the endorsement on Sunday in his New Year message to Nigerians.

According to him, “None of the contestants is a saint but when one compares their character, antecedent, their understanding, knowledge, discipline and vitality that they can bring to bear and the great efforts required to stay focused on the job particularly looking at where the country is today and with the experience on the job that I personally had, Peter Obi as a mentee has an edge. Others like all of us have what they can contribute to the new dispensation to liberation, restoration and salvaging of Nigeria collectively”.

 

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