NDC STATEMENT ON COURT RULING. (PHOTO). #PRESS RELEASE.

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 NDC STATEMENT ON COURT RULING Our attention has been drawn to a ruling by the Federal High Court sitting in Lokoja this morning, wherein His Lordship, Honourable Justice Isah Dashen, gave a ruling on an application filed by an unregistered association known as Peace Movement Party. The public knows that by December 2025, the Nigeria Democratic Congress  as an association complained of INEC’s refusal to register us as a political party, whereupon we proceeded to the Federal High Court. The Federal High Court upheld our constitutional right to freedom of association under the Constitution and compelled INEC to register us, which INEC did. Since then, we have started political activities, embarked on the registration of members, held congresses from ward to national levels, held conventions, and concluded primaries to all offices following INEC’s timetable. We have been fully participating in all INEC activities without let or hindrance. NDC also fielded candidates, and fully pa...

COURT ORDERS FINAL FORFEITURE OF EMEFIELE'S $4.7M, N830M, AND PROPERTIES. (PHOTO).


 Court Orders Final Forfeiture of Emefiele’s $4.7M, N830M, and Properties


A Federal High Court in Lagos, presided over by Justice Yellim Bogoro, has ordered the final forfeiture of $4.7 million, N830 million, and multiple properties linked to former CBN Governor Godwin Emefiele to the Federal Government of Nigeria.


The judge dismissed an objection from an interested party before granting the Economic and Financial Crimes Commission (EFCC)’s application, filed by counsel Bilkisu Buhari-Bala, for the forfeiture of the funds held in First Bank, Titan Bank, and Zenith Bank accounts operated by individuals and entities including Omoile Anita Joy, Deep Blue Energy Service Limited, and Exactquote Bureau De Change Ltd.


The seized properties include:

94-unit, 11-floor building under construction at Ikoyi, Lagos

AM Plaza, an 11-floor office space in Lekki, Lagos

Imore Industrial Park 1 in Amuwo Odofin, Lagos

Mitrewood and Tatler Warehouse in Ibeju-Lekki, Lagos

Two Chevron Nigeria properties in Lakes Estate, Lekki

Land and properties in Lekki, Eti-Osa, and Texas, USA


Justice Bogoro ruled that these assets were proceeds of unlawful activities, emphasizing that large amounts of foreign currency surfaced after Emefiele’s exit from the CBN, raising concerns about illicit financial dealings. The judge also identified Anita Omoile as a close associate of Emefiele, benefiting from undue influence to access CBN funds unlawfully.


The EFCC, represented by Rotimi Oyedepo (SAN), cited relevant laws in its application, leading to the initial forfeiture order, which was later made permanent after no legitimate ownership claims were proven.

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