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2023 : CBN Governor, Emefiele’s acquired party nomination forms and newly bought fleet of vehicles for his campaign, provokes questions from Nigerians

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Governor of the Central Bank of Nigeria, Godwin Emefiele, sent millions of tongues wagging with his decision to purchase the N100 million presidential nomination form of the All Progressives’ Congress (APC) in the build-up to the party’s primary election in June last year. It later emerged that the CBN governor had not only acquired the party’s nomination forms but had also bought a fleet of vehicles for his campaign.

As things turned out, however, Emefiele had to give up on the idea of contesting the presidential election due mainly to the public outrage against the idea. The fact remains, however, that the dust raised by that move is yet to settle with the deluge of questions that are left unanswered.

Where are the vehicles now? Who supplied them? How true is the claim that some of the vehicles are now with the campaign organization of a presidential candidate through a governor that is very close to the CBN governor? What does that suggest? A chummy relationship between the said presidential candidate and Emefiele? How neutral is the CBN governor

Since his foray into politics exemplified by his failed presidential bid, how much time does he have for monetary matters which constitute the core mandate of the CBN? How has he fared on this assignment? What was the rate of inflation before he assumed office and what is it now? What was the exchange rate before he assumed office and now? What was the country’s foreign reserve then and now? What has become of his rice pyramids?

Earlier in the week, he compounded failure with insensitivity, describing the millions of Nigerians on queues at ATM points around the country as miscreants who had no need for cash but were only there to sell their turns for some others in dire need of cash. Really?

There is an adage to the effect that when a leaf stays too long on a bar of soap, the leaf itself would turn into soap. That seemed to be the case with the relationship between President Muhammadu Buhari and the Central Bank Governor Godwin Emefiele. The latter appears to have rubbed mind so much with the former that he has caught the spirit of a soldier

Since the scarcity of notes and consequent agitation provoked by the naira redesigning policy, Emefiele, a finance man, has elected to speak like a soldier and issue threats on a daily basis rather than speak with facts and figures. Because he takes orders from a soldier, he now thinks and acts as one; no longer as a sober, shrewd, reflective and analytical financial expert.

Consequent on the foregoing, everything about naira redesigning, a poorly implemented policy that has shaken the nation to its foundation in recent weeks, has been opaque. In his broadcast to the nation on Thursday, Buhari had admitted that he approved the policy. But from every indication, it was a unilateral decision on the part of the President, and that much came to light when the Minister of Finance declared on national television that she had no knowledge of it.

Was the policy debated by the Federal Executive Council? No. So who did the President discuss the idea with apart from Emefiele? We may never know. Like President Buhari, Emefiele is keeping everything to himself. He would not disclose how much of the new notes have been printed or the breakdown of the total N2.1 trillion that has been returned to the banks. Buhari directed that the N200 notes already collected from the public should be re-circulated. But what is the value? Emefiele does not think we should know.

Kaduna State Governor Nasir el-Rufai, says the amount in question will not solve the problem of naira scarcity, noting that over N2 trillion was withdrawn while only N400 billion had been printed as at February. But rather than debunk the governor’s claims with facts and figures, Emefiele is asking security agents to go after POS operators. He forgot his elementary economics that this is what you get in times of scarcity.

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Update : NIMC Records Facilitate Arrest of Seven Boko Haram, ISWAP Commanders – Ojo Reveals

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‎NIMC database helped arrest seven Boko Haram, ISWAP commanders returning from Hajj – Minister

‎The Minister of Interior, Dr Olubunmi Tunji-Ojo, said on Friday that Nigeria’s integrated identity management system led to the arrest of seven suspected Boko Haram and ISWAP commanders returning from the 2026 Hajj pilgrimage.

‎Tunji-Ojo disclosed this at the Presidential Villa, Abuja, shortly after President Bola Tinubu signed the National Identity Management Commission Act 2026 into law, as contained in a statement signed by the President’s aide, Bayo Onanuga.

‎According to the minister, the suspects were arrested last Thursday at the Katsina airport after returning from Mecca and were subsequently handed over to the Department of State Services.

‎He said the arrests were made possible through the integration of the National Identity Management Commission database with the Nigeria Immigration Service database and its connection to Interpol.

‎”I know, sometime ago, the Senate President was alarmed by how some terrorists went on pilgrimage, wondering how they crossed our borders. We inherited a fractured system.

‎”But I’m happy to tell you that even last week, Thursday, seven of the known commanders of Boko Haram and ISWAP at the point of coming back from Mecca were arrested in Katsina at the airport and were handed over to the DSS.

‎”This is only possible because NIMC’s ID is already connected with the immigration database, and it’s already speaking to even the Interpol 24/7, and we have been able to automate this,” the minister said.

Tinubu signs NIMC Act into law
‎Tunji-Ojo said the newly signed NIMC Act would further strengthen Nigeria’s security architecture by accelerating the harmonisation of identity databases and improving inter-agency collaboration.

‎According to him, the law will enhance the integrity of the National Identity Number system while boosting the country’s capacity to combat identity theft, terrorism, financial crimes and other security threats.

‎He said that before the current administration, identity management systems were fragmented, noting that services such as passport issuance and driver’s licence processing were disconnected from the national identity database.

‎”When Mr President came on board, we had a disconnected system within our identity data management system. At that time, getting a passport and getting a driving permit were completely disconnected from our identity database.

‎”But today, you can’t get a Nigerian passport without pulling data from NIMC,” he stated.

‎Tinubu signed the NIMC Act 2026 on Friday in the presence of Senate President Godswill Akpabio, Deputy Speaker of the House of Representatives Benjamin Kalu and other senior government officials.

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Ozekhome Ordered to Stop Using SAN Rank Amid Forgery Allegations

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Senior Advocate of Nigeria (SAN), Mike Ozekhome, has been barred by the Legal Practitioners’ Privileges Committee (LPPC) from further parading or referring to himself with that title pending the conclusion of ongoing disciplinary proceedings and other cases involving him.

“This action was taken pursuant to Paragraph 26(6) of the Guidelines for the Conferment of the Rank of Senior Advocate of Nigeria and All Matters Pertaining to the rank, pending the final determination of the disciplinary proceedings, presently before the Disciplinary and Ethics Sub-Committee of the LPPC and other proceedings.

“Accordingly, Chief Mike Ozekhome shall refrain from parading himself, presenting himself, or otherwise holding himself out as a Senior Advocate of Nigeria pending the final determination of the disciplinary proceedings,” the LPPC said in a statement issued on Wednesday evening by its Secretary, Kabir Akanbi.

Besides the “disciplinary proceedings” which the LPPC said are pending before its Disciplinary and Ethics Sub-Committee, Ozekhome and another defendant, Ponfa Useni, are currently being prosecuted before a High Court of the Federal Capital Territory (FCT) in Maitama.

Ozekhome and Useni are being prosecuted by the office of the Attorney General of the Federation (AGF) for, among others, allegedly forging documents, including an international passport and an irrevocable power of attorney, and engaging in impersonation to lay claim to a property in London allegedly acquired unlawfully by the late Jeremiah Useni, former Minister of the FCT.

Alleged forgery: Court AGF takes over Ozekhome’s case from ICPC
Fed Govt charges Ozekhome with forgery over UK property
The statement by Akanbi read, “The Legal Practitioners’ Privileges Committee (LPPC), at its 173rd general meeting held on 23rd June 2026, approved the suspension of Chief Mike Ozekhome, from the rank of Senior Advocate of Nigeria.

“This action was taken pursuant to Paragraph 26(6) of the Guidelines for the Conferment of the Rank of Senior Advocate of Nigeria and All Matters Pertaining to the rank, pending the final determination of the disciplinary proceedings, presently before the Disciplinary and Ethics Sub-Committee of the LPPC and other proceedings.

“The suspension is intended to safeguard the integrity, dignity, and prestige of the rank of Senior Advocate of Nigeria, while due consideration is given to the matters under review.

“Accordingly, Chief Mike Ozekhome shall refrain from parading himself, presenting himself, or otherwise holding himself out as a Senior Advocate of Nigeria pending the final determination of the disciplinary proceedings.

“The LPPC remains committed to upholding the highest standards of professional ethics, integrity, and discipline within the legal profession and to ensuring that the rank of Senior Advocate of Nigeria continues to command public confidence and respect.”

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Update : UK Lauds Nigeria’s Recovery Under Tinubu, Urges Others to Learn

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The United Kingdom (UK) has commended the economic reforms being implemented by President Bola Ahmed Tinubu’s administration, describing Nigeria’s ongoing recovery as a success story that other countries can draw inspiration from.

The UK National Security Adviser, Jonathan Powell, made the remarks on Tuesday at the opening of the 4th UK-Nigeria Security and Defence Partnership Dialogue, held at Nigeria’s Office of the National Security Adviser in Abuja.

Powell said the reforms had required difficult decisions but were beginning to yield tangible results in economic growth and recovery.

“The economic reforms undertaken by the government have not been easy, but the remarkable progress Nigeria is making today in terms of growth and economic recovery demonstrates that difficult decisions can produce significant results. It is a success story from which many can draw inspiration,” he said.

The UK official described Nigeria as an “African superpower” whose influence and strategic importance would continue to grow as its population, capabilities and economic strength expand.

“For the United Kingdom, Nigeria is a vital partner—our foremost partner in Africa. Nigeria is an African superpower, a nation that is already influential and one whose importance will continue to grow,” he said.

According to Powell, the UK has strong confidence in Nigeria’s future and remains committed to deepening bilateral relations through a partnership founded on mutual respect, shared objectives and practical outcomes.

“We want that relationship to be a mature and equal partnership, one in which we share strategic objectives and work together to deliver tangible outcomes.

“We have immense respect for Nigeria’s leadership role within the country, across the region and throughout Africa, and we are committed to supporting that leadership,” he added.

Powell also acknowledged the professionalism and dedication of Nigeria’s security services in addressing the country’s security challenges, stressing that Nigeria remains indispensable to regional stability and collective security.

“Nigeria remains central and indispensable to regional stability and collective security. There is simply no substitute for Nigeria’s role in promoting peace and stability across West Africa and beyond,” he said.

He expressed satisfaction with the continued success of the UK-Nigeria Security and Defence Partnership Dialogue, describing it as a cornerstone of the two countries’ growing security cooperation.

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