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the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.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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GOV. ODODO UNVEILS KOGI-HUNAN FTZ WITH $500M FDI, 50,000 JOBS PROJECTION. (PHOTO).

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 Gov. Ododo Unveils Kogi-Hunan FTZ with $500m FDI, 50,000 Jobs Projection


Kogi State Governor, Ahmed Usman Ododo, has led Chinese and international partners to unveil the Ajaokuta Economic City, a new Free Trade Zone (FTZ) projected to attract $500 million in annual foreign direct investment and create 50,000 jobs.


Speaking at the stakeholders’ engagement held at the Transcorp Hilton in Abuja, Governor Ododo said the project marks a new chapter in Kogi’s industrial growth.


He thanked President Bola Ahmed Tinubu for granting timely approval and supporting the initiative.


The Governor assured investors of a strong security framework for the FTZ and emphasized the role of higher institutions in the state in providing the required skilled manpower.


“Today, we plant the seed of generational prosperity. Kogi State is the beating heart of Nigeria. We don’t talk. We do,” he said.

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