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Breaking : N6.9bn procurement fraud : Details How Emefiele allegedly bought 100 vehicles through employees, Exposed

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….CBN procurement director, six others to testify against, Godwin Emefiele

The Federal Government will on Thursday arraign the suspended Central Bank of Nigeria Governor, Godwin Emefiele and his associates for N6.9 billion procurement fraud at the Federal Capital Territory High Court, Maitama, Abuja.

Emefiele will be arraigned alongside a female CBN employee, Sa’adatu Yaro and her company, April1616 Investment Limited on 20 charges of procurement fraud, conspiracy and conferring corrupt advantages on his associates.

Emefiele, who had been in detention since he was suspended from office on June 9 by President Bola Tinubu, was accused of conferring corrupt advantages on Yaro, a director in April 1616 Investment Ltd.

The offence is contrary to section 19 of the Corrupt Practices and Other Related Offences Act 2000.

If convicted, Emefiele may be sentenced to five years imprisonment without an option of a fine.

The section read, “Any public officer who uses his office or position to gratify or confer any corrupt or unfair advantage upon himself or any relation or associate of the public officer or any other public officer shall be guilty of an offence and shall on conviction be liable to imprisonment for five years without an option of fine.’’

In the charges signed by the Director of Public Prosecutions, Federal Ministry of Justice, Mohammed Abubakar; Deputy Director, Public Prosecution, Mrs N Jones-Nebo and eight other ministry officials, the three accused persons were alleged to have bought a fleet of over 98 exotic vehicles and armoured buses valued at about N6.9bn.

Some of the vehicles bought between 2018 and 2020 included 84 Toyota Hilux vehicles, 10 armoured Mercedes Benz buses, three Toyota Landcruisers and one Toyota Avalon car.

Count one read, “That you, Godwin Ifeanyi Emefiele, male, adult, sometime in 2018 within the jurisdiction of this honourable court did use your position as Governor of the Central Bank of Nigeria to confer a corrupt advantage on Sa’adatu Ramallan Yaro, a staff member of the Central Bank of Nigeria by awarding a contract for the supply of 37 (Nos.) Toyota Hilux Vehicles at the cost of N854,700,000 only to April 1616 Investment Ltd, a company in which she is a director and thereby committed an offence.

“Statement of the offence: Conferring corrupt advantage contrary to section 19 of the Corrupt Practices and Other Related Offences Act 2000.’’

The Federal Government further accused Emefiele of conspiracy to confer corrupt advantage on the second defendant contrary to sections 26 (c) and 19 of the Corrupt Practices and Other Related Offences Act 2000 and punishable under Section 19 of the same Act.

“That you, Godwin Ifeanyi Emefiele, male, adult, Sa’adatu Ramallan Yaro, female, adult, and April 1616 Investment Ltd, sometime in 2019 within the jurisdiction of this Honourable Court did conspire amongst yourselves to use the office of Mr. Godwin Ifeanyi Emefiele as Governor of the Central Bank of Nigeria to confer a corrupt advantage on Sa’adatu Ramallan Yaro, a staff of the Central Bank of Nigeria by awarding a contract for the supply of 1 (No.) Toyota Landcruiser V8 at the cost of N73,800,000 only to April 1616 Investment Ltd., ‘’ the charge stated.

Emefiele was said to have also conferred a corrupt advantage on Yaro by awarding a contract for the supply of one Toyota Avalon at the cost of N99.9m to her company, April1616 Investment Ltd., in 2019.

The suspended governor was also accused of awarding a contract for the supply of another Toyota Landcruiser V8 for N77.050m to the third defendant in 2018.

The ex-CBN governor was said to have conspired with Yaro to confer corrupt advantages on the CBN staffer by awarding to her a contract for the supply of two Toyota Hilux Shell specification vehicles at the cost of N44.2m sometime in 2020.

Emefiele was further alleged to have awarded another contract to Yaro and her firm for the purchase of one Toyota Landcruiser VXR valued at N96m in 2020.

Yaro was similarly accused of fraudulent acquisition of property for getting a contract from the CBN for the supply of 47 Toyota Hilux vehicles at the cost of N1,085, 700,000 and thereby committed a punishable offence.

Count 10 read, “That you, Sa’adatu Rammala Yaro, female, adult, sometime in 2018 within the jurisdiction of this honourable court while being employed at the CBN knowingly held directly a private interest as director in April1616 Investment Ltd., in a contract awarded to the said company, for the supply of 47 Toyota Hilux vehicles at the cost of N1,085, 700,000 and thereby committed an offence.’’

Count 11, “That you, Sa’adatu Rammala Yaro, female, adult, sometime in 2018 within the jurisdiction of this honourable court while being employed at the CBN knowingly held directly a private interest as director in April1616 Investment Ltd., in a contract awarded to the said company, emanating from the CBN where you are employed, for the supply of 10 Mercedes Benz armoured buses at the cost of N2,222, 500,00 and thereby committed an offence.’’

Listed as witnesses against the defendants were the CBN Director of Procurement, Stanley Alvan; CBN Head of Procurement, Mike Agboro, Tahir Jafar, David Usman and “any other witnesses to be supplied later in the additional proof of evidence.’’

Meanwhile, a Federal High Court in Lagos has fixed the ruling on the application to withdraw the illegal possession of firearms charges against Emefiele for Thursday.

Justice Nicholas Oweibo fixed the date after listening to the arguments of the DPP, Abubakar and Emefiele’s counsel, Joseph Daudu SAN.

At the last adjourned date, the matter was slated for a hearing of pending applications seeking to stay the execution of the bail and application compelling the complainant to obey the court orders.

But when the matter came up on Tuesday, the DPP made an oral application to the court to withdraw the charges against Emefiele.

He stated that the application was informed by emerging facts and circumstances that required further investigations and urged the court to grant the application.

Abubakar said the application was pursuant to sections 174 (1) (c) (2) and 108 (2) (4).

But the defence counsel disagreed with the prosecution’s oral application, arguing that because the government was in disobedience of the court’s order granting Emefiele bail, its application should not be taken.

He said, “There is no application before the court, there is no doubt and I am not disputing the facts that the state can withdraw any charge before the court against any person.”

Daudu further said that in the past the argument was that there was no Attorney General of the Federation who could handle the case.

He cited section 174 (3) of the Constitution that the AGF has power that can be devolved to any of its officials.

The senior lawyer stated, “We have an application that the AGF has flouted the court order which says the respondent/ defendant should be remanded at the Nigeria Correctional Service but they are not obeying the order.

“The court granted order of substituted service to be published in three national dailies and after they brought an application of stay of execution of the bail and we say unless they obey, that order section 174 (1) can only be by nolle prosequi (I do not want to prosecute).

“It must be in writing, I have never heard of the withdrawal of a case without a nolle prosequi; for the interest of justice we need to prevent abuse of legal processes.’’

“Every application they brought against any citizen of this country under section 174 is nolle prosequi; the government cannot come before the court orally for that. It’s to be by nolle prosequi. At this point in time, there is no application before the court.

“I urge the court to reject the application and order the learned DPP to go on with today’s business,” he maintained.

While responding to the defence argument, Abubakar submitted that nolle prosequi was different from withdrawal and cited section 108 of the Administration of Criminal Justice Act 2015.

The judge had on July 25 admitted Emefiele to N20m bail on two-count charge of illegal possession of firearms and ammunition and ordered his remand at the Ikoyi Correctional Centre, pending when he is able to perfect his bail conditions.

But the Department of State Security operatives rearrested the embattled bank chief after fighting off NCoS officials on the court’s premises.

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Airlin Advocacy Commissions Jos Office, Targets 7m Members By Next Elections,Says Mohammed Gamawa

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During the inauguration ceremony, the National Chairman of Airlin, Mohammed Gamawa, delivered a keynote address, emphasizing the organization’s commitment to educating Nigerians on their civic rights and responsibilities.

According to Gamawa, Airlin aims to bridge the gap between citizens and the principles of the rule of law by fostering a society where people understand not only their rights but also what is expected of them by the country.

“Our goal is to foster interaction among Nigerians, promote respect for the rule of law, and ensure citizens know their rights and civic responsibilities — such as voting to elect future leaders not based on materialism but based on integrity and competence,” Gamawa stated.

He added that understanding and exercising one’s franchise, especially during elections, must go hand in hand with being law-abiding and fully aware of civil responsibilities.

As part of its mission, Airlin is currently targeting 19 states in Northern Nigeria, with Jos becoming the 15th state to be commissioned.

The ceremony also featured the appointment of state and local government coordinators who will help drive the organization’s grassroots advocacy efforts.

With a current membership base of 2.1 million Nigerians aged 18 and above, Airlin projects a significant growth trajectory, aiming to reach 7 million members before the next general elections.

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Nothing new in FBI report on Tinubu, says Onanuga

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Senior Special Adviser to the President on Information and Strategy Bayo Onanuga has dismissed a report of a United State (U.S.) court ordering two law enforcement agencies to release information on President Bola Ahmed Tinubu during a “purported federal investigation in the 1990s.”

In a tweet on his verified X handle, Onanuga told those agitated by the directive that there would be nothing revealing in the anticipated report.

In an April 9 ruling, District Court for the District of Columbia Judge, Beryl Howell ordered the Department of State, Federal Bureau of Investigation (FBI), Internal Revenue Service (IRS), Drug Enforcement Administration (DEA) and the Central Intelligence Agency (CIA) to release the information to Mr. Allan Greenspan.

The information being sought by Greenspan was classified as “confidential information” generated during a “purported federal investigation in the 1990s.”

Judge Howell said that protecting the information from public disclosure “is neither logical nor plausible.”

Commenting on the ruling, Onanuga said: “There is nothing new to be revealed. The report by Agent Moss of the FBI and the DEA report have been in the public space for more than 30 years. The reports did not indict the Nigerian leader”, Onanuga said yesterday.

He said that counsel to the President have been “examining the ruling”.

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Oyetola Leads Nigeria’s Strategic Bid for IMO Council Seat, Aiming for Global Maritime Influence

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Nigeria is setting sail towards a greater role in international maritime affairs as it bids for election into Category C of the International Maritime Organization (IMO) Council.

Leading this ambitious push is the Honourable Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola (CON), whose vision is to position Nigeria as a dominant force in global shipping and maritime governance.

The IMO, a specialized United Nations agency responsible for regulating international shipping, holds its Council elections later this year. Category C is specifically reserved for nations with significant interests in maritime transport and trade, providing them with a platform to contribute to shaping global maritime policies. For Nigeria, securing a seat is not just a diplomatic pursuit it represents a strategic leap forward for economic growth, regional leadership, and maritime security.

At the heart of this campaign is Nigeria’s intention to amplify its voice in international maritime decisions. Membership in the IMO Council would afford the country a pivotal role in the formulation of regulations and policies that affect shipping, safety, environmental protection, and trade. This influence would allow Nigeria to safeguard both its national interests and those of the broader West African sub region.

Economic prospects tied to the blue economy form another cornerstone of Nigeria’s bid. With a coastline stretching over 850 kilometers and a maritime domain rich in resources, Nigeria is aggressively advancing its blue economy agenda. A seat at the IMO table is expected to draw foreign investment, stimulate port infrastructure development, and enhance trade efficiency all in line with President Bola Tinubu’s broader strategy for economic diversification.

Maritime security is also high on the agenda. Nigeria, which has made considerable strides in curbing piracy in the Gulf of Guinea, sees IMO Council membership as a means of deepening international collaboration, adopting global best practices, and enhancing safety standards along its waterways.

The campaign also underscores Nigeria’s commitment to human capital development. By aligning more closely with the IMO, Nigeria aims to provide its maritime professionals especially young people with increased access to global training programs and capacity building initiatives. This would help nurture a new generation of skilled seafarers, engineers, and administrators capable of competing on the world stage.

Nigeria’s regional leadership is also in focus. As Africa’s largest economy, the country seeks to use its potential IMO seat to drive greater cooperation among African maritime nations, promote sustainable development, and project a unified continental voice in international maritime diplomacy.

In addition, Nigeria anticipates increased access to technical support and maritime innovation through IMO engagement. This includes advancements in shipping technology, logistics modernization, and enhanced port management critical components for a thriving maritime industry.

Oyetola’s Vision and Commitment

Oyetola, since his appointment, has consistently emphasized the need for Nigeria to embrace its maritime identity and assert its global relevance. His advocacy for Category C membership has been described by stakeholders as a bold and necessary step in unlocking the full potential of the sector.

“Nigeria must take its rightful place on the global maritime stage. Our waters, our people, and our potential deserve nothing less,” Oyetola affirmed during a recent stakeholders’ engagement on the bid.

As the IMO elections approach, there is growing optimism that Nigeria’s strategic location, extensive maritime assets, and clear policy direction will earn it a seat at one of the most influential tables in global shipping. The journey to Category C may be competitive, but with strong leadership at the helm, Nigeria is navigating with purpose and promise.

Jamiu Omookose

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