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the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.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...

GOV. SANWO-OLU CONGRATULATES INDUSTRIALIST, RASAQ OKOYA AT 85 . (PHOTO). #PRESS RELEASE.


 SANWO-OLU CONGRATULATES INDUSTRIALIST, RASAQ OKOYA AT 85 


 

Lagos State Governor, Mr. Babajide Sanwo-Olu, has felicitated the billionaire industrialist and Chairman of the Eleganza Group, Chief Rasaq Akanni Okoya, on his 85th birthday celebration. 


He said the renowned business magnate and philanthropist, who will be 85 tomorrow, Sunday, is worth celebrating for his life of consistent commitment and contribution to the economy and livelihood of many Nigerians, particularly in Lagos State, where many of his companies are located. 


 

Governor Sanwo-Olu, in a statement issued on Saturday by his Special Adviser on Media and Publicity, Mr. Gboyega Akosile, said Chief Okoya, the Aare of Lagos, has contributed to the growth of Nigeria’s economy, provided jobs for many Nigerians through his investments and has spread to other African market.


 

He said: “On behalf of my family, the government, and the people of Lagos State, I join family, friends and business associates to celebrate the Chairman of the Eleganza Group and the RAO Property Investment Company, Chief Rasaq Akanni Okoya, on his 85th birthday celebration. He is one of Nigeria’s business magnates and philanthropists that are impacting lives positively. 


 

“The Aare of Lagos is a generous man who has given hope through philanthropic gestures to the less privileged in the society. He has given scholarships to many people, particularly the young people, to further their education and also provided funds to many people to start small businesses.


"I wish Chief Okoya the best on his 85th birthday. I pray that God will grant him a longer life, strength, and sound health to continue to continuously enjoy the dividends of his long years of investment.”

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