Former AGF, SANs warn FG against plan to frame Emefiele for Terrorism – Newstrends
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Former AGF, SANs warn FG against plan to frame Emefiele for Terrorism

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Central Bank of Nigeria (CBN’s) Governor, Mr. Godwin Emefiele

*Allegations against CBN gov can only happen in a Banana Republic, says Falana

Six Senior Advocates of Nigeria (SANs), including a former Attorney General of the Federation and Minister of Justice, Adetokunbo Kayode, has warned the federal government against planned moves by the Department of State Service (DSS) to arrest and frame the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele on terrorism charges in flagrant disobedience of order of court.

Equally speaking on the issue, was human rights lawyer, Mr. Femi Falana (SAN), who described the  allegations against Emefiele by the DSS as embarrassing, adding  that it can only happen in a Banana Republic.

The Department of State Services (DSS) had secretly approached a Federal Capital Territory High Court in Abuja to arrest Emefiele over alleged terrorism financing and economic crimes of national security,
But Justice Maryam Hassan quashed the move.
The judge thereafter barred the DSS from arresting, inviting, or detaining Emefiele declaring the terrorism allegations against the CBN governor by the DSS as vindictive, callous, oppressive, void and of no effect.

But the senior lawyers in a letter to the Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami, SAN, condemned the planned arrest of the CBN, stating that anything done without regard to the rule of law would affect negatively Nigeria’s image internationally, as well as the President Muhammadu Buhari administration.

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Besides Kayode, who doubles as a former Minister of Defence, the other SANs who signed the letter dated January 6, 2023, are Oba Maduabuchi, Emeka Ozoani, M.M Nurudeen, Abdul Mohammed, and Dr. Emeka Obegolu.
A copy of the letter received by the office of the AGF on January 11, which was sighted by THISDAY, was titled: ‘Emefiele: Let the Rule of Law Prevail.’
The SANs claimed that they have observed moves by the DSS to still proceed, sidetrack and disobey the court decisions and unduly and unlawfully interfere with Emefiele’s fundamental rights.

They therefore urged the Attorney General of the Federation to use his good offices to guarantee and ensure that the government, especially the security agencies, observe the rule of law as a foundation of a democratic society by complying with court decisions.

The letter read in part, “We are pleased to present our respect and best wishes to you. We are certain that you have followed with keen interest the events of the last few weeks which climaxed with the dismissal by the Chief Judge of the Federal High Court of the application of the DSS to arrest and detain the Governor of the CBN, Mr. Godwin Emefiele, under the terrorism finance laws, etc., pursuant to unsubstantiated allegations of terrorism financing and other economic crimes with national security implications. We also note the judgment of the High Court of the FCT, coram Hassan J., which in the main, pronounced on and validated the fundamental rights of Mr. Godwin Emefiele. In spite of these two categorical judicial decisions, we observe moves to still proceed and sidetrack and disobey the court decisions and unduly and unlawfully interfere with Mr. Emefiele’s fundamental rights.

”In the circumstance, we wish to urge the Hon AGF to use his good offices to guarantee and ensure that the government, especially the security agencies, observe the rule of law as a foundation of a democratic society by complying with court decisions. The court, as the last hope of the citizen, has made a pronouncement on the legal rights and obligations of citizen Godwin Emefiele, it behoves on all agencies of government to obey the order of the court, until such order is set aside by an appellate court.

”The constitutional role of the judiciary as the third arm of government includes to serve as a bulwark against oppression and intimidation. The judiciary remains available to both the government and the citizens, in the ventilation of perceived grievances. Consequently, we respectfully urge the Hon. Attorney General, as Chief Law Officer of the Federation, to ensure adherence to the rule of law and advise the security agencies, especially the DSS to comply with the order of the court and not do anything that will cast this government in a very negative light in this circumstance. This is very important as it will signal to Nigerians and the international community that the government is committed to the rule of law as we proceed into this transition era.”

Also, Falana described the allegations against Emefiele by the DSS as embarrassing, saying it can only happen in a Banana Republic where the governor of the apex bank would be accused of a grave offence of terrorism financing.
Falana, who spoke during a live television programme in Lagos, wondered if the federal government had considered the enormous implication of the effect of arresting a central bank governor on the economy.

He said he was surprised that President Muhammadu Buhari has not intervened in the matter by calling the DSS to order.
“Has the government considered the enormous implication of the effect of a wanted governor of the central bank on the economy?
“I am completely flabbergasted that the President of the country has not intervened; either to call the state security to order or to call Mr. Emefiele to return to the country or be fired,” the senior lawyer said.

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Yahaya Bello reports to EFCC office with lawyers

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Yahaya Bello reports to EFCC office with lawyers

 

A former Governor of Kogi State, Yahaya Bello, on Tuesday visited the Economic and Financial Crimes Commission (EFCC) to honour another invitation extended to him over alleged misappropriation of funds.

Bello went to the anti-graft office with his lawyers in the morning.

The ex-Kogi governor reportedly drove himself to the EFCC’s office in a black Toyota Hilux van with some lawyers.

He was said to have been taken by some operatives of the agency and are currently being grilled.

This is  coming after the Supreme Court judgment which dismissed a suit brought by some state governments challenging the constitutionality of the agency.

The EFCC at the last hearing on November 14, sought the adjournment till November 27 in the fresh case it instituted against Bello.

It stated that the 30-day window was still running for the summons earlier issued.

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Just in: Ebonyi governor suspends two commissioners, Perm Sec for misconduct 

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Just in: Ebonyi governor suspends two commissioners, Perm Sec for misconduct 

 

Ebonyi State Governor Francis Nwifuru has announced the immediate suspension of two commissioners with a permanent secretary among others for gross misconduct.

Those suspended are the Commissioner for Housing and Urban Development Francis Ori, and the Commissioner for Health, Moses Ekuma, with the Permanent Secretary of the Ministry of Health.

The suspension followed an incident on Saturday night, when the governor reportedly visited the Ministry of Health’s premises and was said to have found six officials diverting government materials.

Others suspended for three months are the Executive Secretaries of the State Primary Healthcare Development Agency and the Ebonyi State Health Insurance Agency

The suspension order was announced by the state Commissioner for Information, Jude Okpor, who cited alleged misconduct and dereliction of duties as the reasons for the disciplinary actions.

Okpor made the disclosure on Tuesday during a press briefing on the outcomes of the State Executive Council meeting held on Monday at the New Government House in Abakaliki, the state capital.

“Following cases of gross misconduct and dereliction of duties by some government officials and matters related thereto, the Chairman of Council directed the indefinite suspension of the Honourable Commissioner for Housing and Urban Development and three months suspension of the Honourable Commissioner for Health, respectively

“In view of the development, the Special Assistant to the Governor on Primary Health was directed to take charge of the ministry in the absence of the suspended commissioner.

Governor Nwifuru directed the suspended government officials to hand over all government properties in their possession including vehicles to the Secretary to the State Government.

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Why we’re borrowing despite surplus revenues – FG

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Nigeria’s Minister of Finance, Mr Wale Edun

Why we’re borrowing despite surplus revenues – FG

The Federal Government has defended its decision to borrow to address budget deficits, despite surpassing revenue targets in 2024.

Finance Minister Wale Edun and Budget Minister Atiku Bagudu clarified this position during a session with the National Assembly’s Joint Committee on Finance, Budget, and National Planning. The meeting focused on the 2025–2027 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).

Last week, the National Assembly approved President Bola Tinubu’s $2.2 billion loan request to fund the N9.7 trillion deficit in the 2024 budget partially.

During the session, key agency heads, including Nigerian National Petroleum Company Limited (NNPCL) CEO Mele Kyari, Customs Comptroller-General Bashir Adeniyi, and Federal Inland Revenue Service (FIRS) Chairman Zacch Adedeji, presented their revenue reports.

The agencies reported exceeding their 2024 targets.

  • Customs Service: Generated ₦5.352 trillion by September 30, surpassing its ₦5.09 trillion target for the year. For 2025, the agency projects ₦6.3 trillion, with a 10% increase planned for 2026.
  • NNPCL: Achieved ₦13.1 trillion in revenue, exceeding the ₦12.3 trillion projection for 2024. Kyari announced a ₦23.7 trillion revenue target for 2025.

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  • FIRS: Surpassed multiple tax collection goals, including ₦5.7 trillion from company income tax against a ₦4 trillion target. Education tax collections also exceeded expectations, reaching ₦1.5 trillion compared to a ₦70 billion target.

Overall, ₦18.5 trillion of the ₦19.4 trillion 2024 revenue target had been achieved by September, indicating the goal will be exceeded by year-end.

Despite these surpluses, the government insists borrowing remains essential to cover budget gaps and support vulnerable populations.

Bagudu explained, “Even with agencies exceeding revenue targets, borrowing is necessary to address deficits and boost productivity, particularly for the poorest. This aligns with Agenda 2050, which aims for a GDP per capita of $33,000.”

Edun also reiterated that loans were critical for adequately funding the budget.

The committee, led by Senator Sani Musa, questioned the rationale behind the borrowing and demanded further transparency. The Immigration Service was specifically asked to provide documents regarding an “unacceptable PPP arrangement” before the end of the week.

The session underscored the government’s balancing act between increased revenues and fiscal challenges requiring external borrowing.

Why we’re borrowing despite surplus revenues – FG

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