News

More Trouble For Emefiele As Forensic Analyst Confirms Forgery In $6.2million Case

Published

1 year ago

March 7, 2024

The trial of former Central Bank of Nigeria, CBN, governor, Godwin Emefiele, continued on Thursday before Justice Hamza Muazu of the Federal Capital Territory High Court in Abuja.

Emefiele is standing trial before Justice Muazu on 20-count amended charges bordering on corrupt advantages, conspiracy, criminal breach of trust, forgery and obtaining by false pretenses to the tune of $6,230,000.

At the resumed hearing, a forensic analyst confirmed that a document used to request the payment of $6.2million for foreign election observers was forged.

The witness, Bamaiyi Meriga, called by the Economic and Financial Crimes Commission, EFCC, informed the court that following forensic analysis of the disputed documents, he discovered that there was clear evidence of forgery of signature, adding that the seal of execution was different from the original.

He also confirmed that the signatures were not those of former President Muhammadu Buhari and the ex-Secretary to the Government of the Federation, Boss Mustapha.

Two documents, including presidential directive on foreign observers, were admitted in evidence by the trial judge, justice Muazu.

Under cross-examination by counsel for Emefiele, the witness said he was not a staff of the EFCC, and was not being paid by the anti-graft agency but that his salary was domiciled with the Nigeria Immigration Service.

Counsel for Emefiele, Matthew Burkaa, expressed displeasure over the conduct of the witness, saying that the witness misled the court by evading questions.

However, the Prosecution counsel, Rotimi Oyedepo, was not happy with the claims made by the defence counsel.

The trial has been adjourned till March 11 for continuation.

News

Edo To Dredge Ikpoba River For Revenue, Flood Control

Published

1 hour ago

July 3, 2025

Editor

Edo State government has proposed the dredging of Ikpoba River to curb flooding and exploring potentials for enhancing revenue generation in the state.

The state Commissioner for Mining, Hon. Andrew Ijegbai, disclosed this when he led a delegation on an inspection of the river in Benin City.

According to him, the initiative was to find a lasting solution to the incessant challenges of flooding and river overflow on the busy road.

He added that his team was on the ground to assess the condition of the river to get a firsthand observation of its impact on communities near its bank.

Also speaking, Director of Mining in the ministry, Mr. Omoruyi Ihianle expressed the state government’s determination to turn challenges into successes.

He stated that the primary objectives of the project were to generate revenue for the state government through mining and to mitigate flooding in the host communities.

“As a government, we have found a way of converting our challenges until success.

“As a result of the silted river channel, the host communities have been suffering from flooding, hence the Edo State Government is stepping in to desilt while raising revenue for the State Government,” he said.

News

JUST IN: Ex-Eagles Goalkeeper, Peter Rufai, Is Dead

Published

3 hours ago

July 3, 2025

Editor

Peter Rufai, the former Super Eagles goalkeeper, has died.

Waidi Akanni, a former teammate and associate, confirmed the legendary goalkeeper’s death to TheCable on Thursday.

Rufai, affectionately nicknamed Dodo Mayana, died at 61 after a reported battle with long-term illness.

The Super Eagles of Nigeria also announced the demise of the former goalkeeper on the team’s official X account.

“Forever in our hearts, Dodo Mayana. We mourn the passing of legendary Super Eagles goalkeeper, Peter Rufai, a giant of Nigerian football and a 1994 AFCON champion,” the post reads.

“Your legacy lives on between the sticks and beyond.”

Rufai is regarded as one of the best football goalkeepers Nigeria has ever produced. He was the Eagles’ first-choice goalkeeper when Nigeria won the 1994 Africa Cup of Nations (AFCON).

He also represented Nigeria at the 1994 FIFA World Cup in the US and the 1998 FIFA World Cup in France.

Rufai had over 60 caps for the Super Eagles over the course of a decade with the team.

News

AMCON Sells Ibadan DisCo For N100bn

Published

7 hours ago

July 3, 2025

Editor

The Asset Management Company of Nigeria (AMCON) has announced the sale of the Ibadan Electricity Distribution Company (IBEDC) for N100 billion.

AMCON’s Managing Director/CEO, Gbenga Alake, disclosed this at a media parley on Thursday.

Apart from IBEDC, AMCON also manages other distribution companies, including the Abuja Electricity Distribution Company (AEDC), Benin Electricity Distribution Company, Kaduna Electricity Distribution Company, and Kano Electricity Distribution Company.

Alake said, “Today, I announce to you that Ibadan DisCo has been sold. When we came in, it had already been sold, but we renegotiated the price and got almost double of what it was initially going to be sold for.”

Regarding ongoing legal issues, Alake stated, “We have sold it, and whatever is still happening in court, we will face it.”

However, officials of IBEDC did not respond to inquiries about the sale.