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the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.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 TO INTEGRATE KOROPE, DANFO COMMERCIAL BUSES ON LEKKI-AJAH CORRIDOR INTO BUS REFORM INITIATIVE. (PHOTOS). #PRESS RELEASE.

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 LASG TO INTEGRATE KOROPE, DANFO COMMERCIAL BUSES ON LEKKI-AJAH CORRIDOR INTO BUS REFORM INITIATIVE


The Lagos State Government has reiterated its readiness to integrate mini and midi buses, popularly known as Korope and Danfo, operating along the Lekki-Ajah axis into the State’s Bus Reform Initiative.


The Special Adviser to the Governor on Transportation, Hon. Sola Giwa, disclosed this on Wednesday during a meeting with relevant stakeholders in Alausa. He explained that the project is in its planning phase and will commence once all arrangements are finalized.


Reviewing the progress made so far, Hon. Giwa revealed that the documentation process for bus operators interested in the scheme is ongoing, with 10 operators having submitted letters of intent to the Ministry of Transportation of which six have already been confirmed.


He further stated that all participating buses will undergo physical verification by the Vehicle Inspection Service (VIS) and Motor Vehicle Administration Agency (MVAA) to ensure their roadworthiness and proper documentation, adding that once verified, the buses will be branded in the Lagos Metropolitan Area Transport Authority (LAMATA) colours and will be equipped with validators.


Hon. Giwa noted that a framework is being developed to integrate union dues deductions into the e-ticketing system, while also addressing the activities of hoodlums who extort transporters along the axis, stressing that the initiative will be test-run for three months before full enforcement. He emphasised that once the programme is implemented, minibuses (Korope) will no longer be allowed to operate along the Lekki-Ajah expressway but will be deployed to inner routes and communities.


Present at the meeting were the Permanent Secretary of MVAA Mr. Rasheed Muri-Okunola; General Manager of LASTMA, Mr. Olalekan Bakare-Oki, Representatives from LAMATA, LASDRI, VIS, and Directors from MOT amongst others.

More photos below. 




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