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the court because his Ministry received a letter from the investigation team concerning N154 billion said to have been withdrawn by the CBN.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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U.S. WHEAT SHIPMENT WORTH $15 MILLION ARRIVES IN LAGOS AS BILATERAL AGRICULTURAL TRADE SURGES. (PHOTOS).

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 U.S. Wheat Shipment Worth $15 Million Arrives in Lagos as Bilateral Agricultural Trade Surges


A vessel carrying 50,000 metric tonnes of U.S.-grown wheat valued at approximately $15 million docked at Apapa Port on Monday, underscoring Nigeria’s position as the third-largest export market for American wheat.


U.S. Consul General Rick Swart and U.S. Agricultural Counselor Chris Bielecki were on site to witness the unloading of the cargo


The shipment highlights the growing agricultural partnership between the two nations. 


Trade in U.S. agricultural products supports American farmers, enables Nigerian companies to expand value-added food processing and create jobs, and delivers high-quality ingredients to Nigerian consumers.


This year, bilateral agricultural trade between the United States and Nigeria is projected to more than double, surpassing $700 million in 2025 a milestone that benefits producers, businesses, and households in both countries.


The steady flow of U.S. wheat to Nigeria reflects the strength of commercial ties and the critical role of agriculture in the broader U.S. Nigeria economic relationship.

One more photo below. 


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