WIKE TAKING LOANS FOR FCT WITHOUT NATIONAL ASSEMBLY APPROVAL – KINGIBE ALLEGES. (PHOTO).

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Wike taking loans for FCT without National Assembly approval – Kingibe alleges The senator representing the Federal Capital Territory, FCT, Ireti Kingibe, has alleged that the FCT Minister, Nyesom Wike, has been taking loans for the nation’s capital without the approval of the National Assembly. Kingibe made the allegation on Tuesday during an interview. She was discussing the FCT administration, the Abuja master plan and the oversight responsibilities of the National Assembly. According to her, records from the Debt Management Office, DMO, indicated that loans had been taken for the FCT between August 2023 and March 2026, despite Wike not appearing before the Senate to seek approval for such borrowing. “I am definitely saying Wike has been taking loans without the approval of the National Assembly. “I’m sorry to say, with all due respect to the Senate, of which I’m a member, we’re supposed to oversee him. “We’re supposed to approve, and I have brought to the attention of the leadershi...

ALLEGED EMEFIELE’S $4.5BN FRAUD : COURT ADJOURNS FORENSIC INSPECTION OF EXHIBIT TO JANUARY 2026.(PHOTO).#PRESS RELEASE.


 Alleged Emefiele’s $4.5bn Fraud : Court Adjourns Forensic Inspection of Exhibit to January 2026


Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, on Friday, November 21, 2025, adjourned a forensic inspection of Exhibit I in the ongoing trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, over an alleged $4.5 billion fraud to January 5 and 8, 2026.


The inspection follows the prosecution counsel’s   insistence at the  previous sitting that the examination of the digital exhibit must be carried out without any internet connection.


Exhibit I is the cell phone of the defendant.


 


The judge ordered that the inspection must be conducted in the presence of both the prosecution and defence teams, as well as a certified forensic expert. 


The process is to be supervised by the court registrar.


He further directed that the exhibit remain in the custody of the court throughout the trial, adding that the inspection will be conducted using screen-mirroring technology.


Emefiele is currently facing a 19-count charge filed by the Economic and Financial Crimes Commission (EFCC), bordering on receiving gratification and making corrupt demands during his tenure as CBN Governor.


His co-defendant, Henry Omoile, is facing three- count charges related to the unlawful acceptance of gifts as an agent.


Both defendants have pleaded not guilty to all charges.

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