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the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.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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PETER OBI KICKS AGAINST INT’L PASSPORT FEE HIKE. (PHOTO).

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 Peter Obi kicks against Int’l passport fee hike


The Labour Party presidential candidate in the 2023 general elections, Peter Obi, has lamented the hike in International Passport fee.


In a post on his official X handle on Thursday, Obi said the obsession of this administration with putting a burden on the populace is becoming legendary.


DAILY POST reports that the Federal Government on Thursday announced the increase in International Passport fees.


With the new increase, a 32-page booklet goes for N100,000, while 64 pages goes for N200,000.


Reacting, the former Anambra state governor said in a country where the new minimum wage is only N70,000, the cost of a single passport now exceeds a worker’s monthly salary.


According to him, instead of making life easier, the government keeps shifting the burden onto ordinary Nigerians.


“It is alarming that the price of the international passport is higher than what workers earn in a month,” he wrote.

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