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the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.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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TERRORISTS FROM MALI, NIGER IMPOSING TAX ON NIGERIAN FARMERS.(PHOTO).

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Terrorists from Mali, Niger imposing tax on Nigerian farmers

13th Jul 2023 

Member representing Ideato South and North seat federal constituency of Imo State, Hon. Ikenga Ikeagwuonu Ugochinyere has said that it was worrisome to have terrorists from the neighbouring African countries imposing taxes on Nigerian farmers. 

It will be recalled that the House of Representatives was through a motion at Wednesday plenary told of how terrorists from Mali and Niger were terrorizing farmers from Sokoto State.

Reacting to the statement, Ugochinyere said that such was a threat to the sovereignty of Nigeria.

He however expressed optimism that the current administration led by President Bola Ahmed Tinubu will flush the criminals out.

“It’s worrisome and it threatens our sovereignty as a nation. Just as the House resolved, it requires urgent attention. Our security agencies need to re-strategize to flush out criminals and terrorists. With the resolve and commitment of the present administration, I have not doubt that soon, they will be defeated”, he said. 

 

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