EMEFIELE: FINANCE MINISTRY UNAWARE OF N124.86BN CBN WITHDRAWAL, WITNESS TELLS COURT. (PHOTO). #PRESS RELEASE

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the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.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

ANGRY YOUTHS ATTACK GOV BAGO’S CONVOY IN BIDA OVER ALLEGED FAILED CASH DISTRIBUTION.(PHOTO).


 Angry youths attack Gov Bago’s convoy in Bida over alleged failed cash distribution


A group of angry youths in Bida, Niger State, on Sunday attacked the convoy of Governor Umar Bago, vandalising several vehicles and injuring a senior government official following a failed cash distribution exercise.

Sources told DAILY POST that the governor had earlier promised residents financial gifts ahead of the forthcoming local government elections, urging them to gather on Friday to receive the money.

However, the situation reportedly turned chaotic when only a few individuals benefited from the funds, leaving many others disappointed and enraged.

“The governor promised that everyone would receive money, but only a few people got anything. That’s when the youths started shouting and attacking,” a resident recounted.

The mob was said to have hurled stones and sachet water at the governor’s convoy, damaging at least six official vehicles. The incident occurred near the town hall in Bida.

Sources added that angry youths later vandalised campaign billboards of the ruling All Progressives Congress (APC) and of the governor across the town.

“The people were very angry because they waited for him to fulfil his promise. When he didn’t, they lost control,” another eyewitness said.

Sunday’s unrest came just days after a stampede during a similar cash-sharing event in Bida, reportedly linked to the governor’s political outreach, which claimed the life of a young girl and left several others injured.

Authorities have yet to issue an official statement regarding the latest incident as of press time.

Comments

Popular posts from this blog

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.