News
Emefiele, wife not shareholders in three firms linked to them – Witness
Emefiele, wife not shareholders in three firms linked to them – Witness
A former secretary in the office of the Central Bank of Nigeria, CBN, Governor, John Ogah, yesterday, told an Ikeja Special Offences Court that his former boss, Godwin Emefiele, and wife, Margaret, were not shareholders of three companies alleged to be owned by them.
Ogah stated this under cross-examination at the continuation of the trial of Emefiele and one Henry Omoile for alleged abuse of office and money laundering.
In his evidence-in-chief, Ogah had stated that he was instructed by the embattled governor to transfer money to one of his close relatives.
He also stated that the funds were transferred from three companies, Comec, Limelight, and Amswin Resources Limited.
Under cross-examination by Emefiele’s counsel, Olakekan Ojo, SAN, the witness, however, said that Emefiele and his wife, Margaret, were not shareholders of the three companies alleged to be owned by them.
“The first defendant and his wife were not shareholders in the three companies linked to them,” he said.
Ogah explained to the court his understanding of beneficial ownership of shares, adding that it was always in a documented form.
READ ALSO:
- Dangote, marketers discussing fuel purchase arrangements – IPMAN
- VeryDarkMan apologizes for wearing police uniform
- IMF: We stand by our advice to FG on fuel subsidy, FX
He, however, told the court that he did not produce any document indicating that they were shareholders of the three companies.
The witness told the court that he was keeping records while working as secretary to the former CBN governor and that the records were for reference purposes.
Asked whether he showed the records he kept to the EFCC, while in custody, he said he did not show any document to the EFCC.
The witness also confirmed that there was no written communication between him and Emefiele, based on the information he gave to the EFCC.
He stated that about 99 percent of instructions he received from Emefiele were not in writing.
While being cross-examined by the second defence lead counsel, Kazeem Gbadamosi, SAN, the witness confirmed to the court that he is a director and a shareholder of a construction company.
“The company has account with Zenith Bank but I am not a signatory to it. My name is not on the mandate form when the account was opened,” he said.
Emefiele, wife not shareholders in three firms linked to them – Witness
News
Nigeria Customs Service begins 2025 recruitment [How to apply]
Nigeria Customs Service begins 2025 recruitment [How to apply]
The Nigeria Customs Service (NCS) has announced the commencement of its recruitment exercise, assuring Nigerians that the process is entirely free and fair.
The agency has cautioned the public to be vigilant against scammers who may attempt to exploit unsuspecting applicants during the recruitment period.
Applications are invited for positions in the Superintendent, Inspector, and Customs Assistant cadres as part of the Service’s plan to recruit 3,927 officers in 2025.
This initiative is aimed at enhancing trade facilitation and supporting Nigeria’s economic recovery efforts.
“Our recruitment is entirely free and fair. At no stage do we charge fees. Anyone requesting payment is a scammer,” the agency emphasized, urging applicants to be wary of fraudulent schemes.
READ ALSO:
- Dangote, Tinubu, Lookman, Badenoch named among 100 most influential Africans in 2024
- Heavy security in Ilesa as ex-Osun deputy gov emerges new Owa-Obokun
- Hacker has stolen N180m from my NGO account – VeryDarkMan cries out
The NCS outlined eligibility criteria, stating that applicants must be Nigerian citizens by birth, possess a valid National Identification Number (NIN), and have no criminal record or ongoing investigations.
Academic qualifications for the three cadres are as follows:
Superintendent Cadre: A university degree or Higher National Diploma (HND) along with an NYSC discharge or exemption certificate.
Inspectorate Cadre: A National Diploma (ND) or Nigeria Certificate in Education (NCE) from an accredited institution.
Customs Assistant Cadre: At least an O’Level certificate (WAEC or NECO).
In addition to these qualifications, the NCS stressed that all applicants must be physically and mentally fit, providing evidence of medical fitness from a recognized government hospital.
Nigeria Customs Service begins 2025 recruitment [How to apply]
News
Tinubu to critics: I won’t reduce my cabinet size
Tinubu to critics: I won’t reduce my cabinet size
President Bola Tinubu on Monday unequivocally responded to critics who described his cabinet as “bloated” by saying he is unprepared to reduce the size of his 48-man cabinet.
“I am not ready to shrink” the size of my cabinet, Tinubu said during a media chat at his Bourdillon residence in the highbrow Ikoyi area of Lagos State.
“I am not prepared to bring down the size of my cabinet,” the former Lagos governor said, arguing that “efficiency” has been at the core of his selection of ministers.
The president also said he has no regret removing the petrol subsidy in May 2023, saying Nigeria cannot continue to be Father Christmas to neighbouring countries.
READ ALSO:
- Kolawole Erinle: Appeal court affirms sentence for ex-convict over $1.4m fraud
- We’ve forced Lakurawa terrorists back to Mali, says FG
- Petrol: MRS enforces N935 per litre nationwide
“I don’t have any regrets whatsoever in removing petrol subsidy. We are spending our future, we were just deceiving ourselves, that reform was necessary,” he told reporters.
Tinubu appointed 48 ministers in August 2023, three months after his inauguration. The Senate immediately screened and confirmed the ministers. One of the ministers, Betta Edu, was suspended in January while another, Simon Lalong, moved to the Senate.
There were calls for the President to reshuffle his cabinet as many Nigerians have not been impressed by the performance of some of the ministers, especially in the face of unprecedented inflation, excruciating economic situation and rising insecurity.
In October 2024, Tinubu re-assigned 10 ministers to new ministerial portfolios and appointed seven new ministers for Senate confirmation. He also sacked five of his ministers but critics insist that the President’s cabinet remains large, especially with the creation of a Livestock Ministry with a minister.
Tinubu to critics: I won’t reduce my cabinet size
News
Tinubu: Food stampede incidents, grave error
Tinubu: Food stampede incidents, grave error
..Don’t publicise gifts distribution if you don’t have enough
President Bola Tinubu has described the recent three stampede incidents during distribution of relief materials to children and others as a grave error.
He told people to be more organised and stay away from giving palliative or publicity of the giving if they had insufficient materials.
He stated this during his first presidential media chat on Monday.
The President said he had been sharing palliatives in his Lagos residence for 25 years without any incident and blamed the recent food stampedes in the country on poor organisation.
A total of 35 children died on December 18 during a stampede that happened at a funfair event in Ibadan, Oyo State.
10 people, including children, also died on December 21 in another stampede at the Holy Trinity Catholic Church in the Maitama district of Abuja during the distribution of palliatives.
Another 22 people were reported dead during a rice distribution event at Amaranta Stadium in Ojika, Ihiala LGA, on the same day.
“It’s unfortunate and very sad, but we will continue to learn from our mistakes. I see this as a grave error on the part of the organisers,” he said.
But the President insisted that the incidents should not dampen the “happiness of the season”.
“It is very sad that people are not well organised. We just have to be more disciplined in our society. Condolences to those who lost members, but it is good to give,” Tinubu said.
“I’ve been giving out foodstuff and commodities, including envelopes in Bourdillon, for the last 25 years, and I’ve never experienced this kind of incident because we are organised and disciplined.
“If you know you won’t have enough to give, don’t attempt to give or publicise it.”
The President compared the situation to food banks in countries such as the United States of America (USA) and Britain, noting their structured approach.
“Every society, even in America, has food banks. They have hungry people. In Britain, they have food banks and warehouses, and they are organised. They take turns m lining up and collect,” he added.
-
Business3 days ago
Be creative, monarch, others challenge Muslim professionals on economic revival
-
Auto2 days ago
LSM MD extols founder’s qualities after latter posthumous industry award
-
Entertainment2 days ago
MultiChoice announces free access to all DSTV channels for 3 days
-
metro2 days ago
Jigawa State governor loses son 24 hours after mother’s death
-
News1 day ago
Nigeria Customs Service begins 2025 recruitment [How to apply]
-
metro2 days ago
Heavy security in Ilesa as ex-Osun deputy gov emerges new Owa-Obokun
-
metro1 day ago
Lagos Imam to Tinubu: You haven’t disappointed us
-
metro2 days ago
Dangote, Tinubu, Lookman named among 100 most influential Africans in 2024 (Full list)