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the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.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

SPORTS INFRASTRUCTURE: LAGOS COMMISSIONS BOXING GYMNASIUM . (PHOTOS). #PRESS RELEASE.


 SPORTS INFRASTRUCTURE: LAGOS COMMISSIONS BOXING GYMNASIUM 


As part of Governor Babajide Olusola Sanwo-Olu's administration's commitment to fostering youth engagement and sports development, the Lagos State Government, in collaboration with Yucateco Boxing Promotions, has commissioned the Babajide Sanwo-Olu Boxing Gymnasium at Teslim Balogun Stadium, Surulere.


Speaking at the event, the Director-General, Lagos State Sports Commission (LSSC), Lekan Fatodu, said there is no better way to address youth empowerment and engagement than creating an alternative opportunity for them to channel their energy as sports have been said to be a tool to empower youth towards self-realization.


"Boxing in our community is a unique sport because we have a vibrant youth population represented by the Commissioner for Youth and Social Development, Honorable Mobolaji Ogunlende. With this facility, we can produce champions”, he said.


The Commissioner for Youth and Social Development, Mobolaji Ogunlende remarked that the state can not capture all the youths at the same time. But our ability to capture them in groups makes it easier for us to be able to get them off the street. For the growth of youths who have found their interest in boxing. This is a well-set-up structure for them to be able to burn out the energy, practice and prepare themselves to compete on a global scale.


"As a government, we cannot do it alone, which is why we continue to call for partnerships, and one of those partnerships has produced this. We plan to be able to replicate this across the five divisions in the state. If we can do this, then we will be able to get those groups of youths under this catchment off the street into the boxing arena, channelling their energy, sportsmanship and abilities to compete on the global scale," he added.


Fatodu commended the donor and Chief Executive Officer, Yucateco Boxing Promotions, Imadu Omonlei Yakubu, for the notable initiative, which provides another opportunity for the young boxers in the state to continue to dominate and sharpen their skills in the sporting industry.

More photos below. 







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