News
Naira Printing: ‘I’m Not Guilty Of EFCC’s Fresh Charge,’ Emefiele Pleads

The embattled former Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele has pleaded not guilty to the allegation that he unlawfully printed Naira Notes while he held sway at the apex bank.
The Economic and Financial Crimes Commission, EFCC, alleged that Emefiele had without authorization from former President Muhammadu Buhari, printed N684million Notes with the total sum of N18.96billion.
Besides, the anti-graft agency accused the former CBN boss of unlawfully approving the withdrawal of about N124.8bn from the consolidated revenue fund.
According to the EFCC, the defendant, acting in violation of law and “with intent to cause injury to the public,” okayed the printing of naira notes without the approval of both the former President, Muhammadu Buhari and the board of the CBN.
However, when the four-count charge was read to the defendant before trial Justice Maryann Anenih of the High Court of the Federal Capital Territory, FCT, he pleaded his innocence to the allegation.
While the prosecution counsel, Mr. Rotimi Oyedepo, SAN, requested for a date for the commencement of full hearing in the matter, the defendant, through his team of lawyers prayed the court to allow him to go home on bail, pending the determination of the case against him.
READ ALSO: Ex-CBN Gov, Emefiele Faces Fresh Charge Over Printing Of Naira Emefiele
Specifically, the charge against the former CBN Governor, read: “That you Godwin Ifeanyi Emefiele, between the 19th day of October 2022 and 5th March 2023 in Abuja, knowingly disobeyed the direction of Section 19 of the CBN Act, 2007;
“…by approving the printing of N375,520,000.00 pieces of colour swapped N1, 000, at the total cost of N11,052, 068,062 without the recommendation of the Board of Central Bank and the strict approval of the President, Federal Republic of Nigeria which conduct of yours caused injury to the public and you thereby committed an offence.
“That you, Godwin Ifeanyi Emefiele, between the 19th of October 2022 and 5th March 2023 in Abuja, knowingly disobeyed the direction of Section 19 of the Central Bank of Nigeria Act, 2007, by approving the printing of 172,000,000 pieces of colour swapped N500 (Five Hundred Naira) Notes;
“…at the total cost of N4, 471,066,040 without the recommendation of the Board of Central Bank and the strict approval of the President, Federal Republic of Nigeria which conduct of yours caused injury to the public and you thereby committed an offence.
READ ALSO: How I Collected Dollars In Cash For Emefiele, Dispatch Rider Tells Court
“That you Godwin Ifeanyi Emefiele, between the 19th day of October 2022 and 5th March 2023 in Abuja, knowingly disobeyed the direction of Section 19 of the CBN Act, 2007, by approving the printing of 137,070,000 pieces of colour swapped N200 (Two Hundred Naira) Note;
“…at the total cost of N3, 441, 005, 280 without the recommendation of the Board of Central Bank and the strict approval of the President, Federal Republic of Nigeria which conduct of yours caused injury to the public and you thereby committed an offence.
“That you, Godwin Ifeanyi Emefiele, on or about the 7th day of October 2020, in Abuja, within the jurisdiction of this Honorable Court, knowingly disobeyed the direction of Section 80 of the Constitution of the Federal Republic of Nigeria, 1999 (As Amended);
“…by approving the withdrawal of the total sum of N124, 860, 227, 865.16 from the Consolidated Revenue Fund of the Federation in a manner not prescribed by the National Assembly, which conduct of yours caused injury to the public and you thereby committed an offence.”
READ ALSO: EFCC Files 26 Fresh Count Charge Against Emefiele
It will be recalled that President Bola Tinubu had on June 9, 2023, suspended Emefiele from office as the head of the apex bank.
He was later arrested at his Lagos residence by DSS operatives.
The former CBN boss was subsequently transferred to the custody of the EFCC, which on November 28, 2023, docked him on a six-count charge that bordered on his alleged involvement in procurement fraud.
Though Emefiele, who initially spent 151 days in custody of security agencies, was later granted bail to the tune of N300million and ordered to produce two sureties that the trial court stressed must be Abuja residents that have landed property within the Maitama District, the defendant could not perfect the conditions till December 23, 2023, when he was released from Kuje prison where he spent about 34 days.
The defendant had since then, faced various charges, both in Abuja and Lagos.
News
Kingsley Aigbangbee: A Name Built On Grassroots Impact

In communities across Edo State, development is often spoken of in promises, big words waiting for action. But every so often, a name emerges that shifts the conversation from expectations to evidence. In IGUOSHODIN–NEBUDIN In Ovia North East Local Government Area that name is Kingsley Aibangbee… a man whose work has quietly reshaped everyday life. His approach is rooted in a timeless philosophy once echoed by an American president: “Ask not what your country can do for you, ask what you can do for your country.”
For Aibangbee, this message is more than a quote, it is a blueprint.
September 2023 marked a turning point for Orenolomi Secondary School. Once a tired structure with fading walls and empty classrooms, the school had become a symbol of abandonment. But that changed when Aibangbee stepped in. With no fanfare, no political stage, he reconstructed the school completely, restoring not just a building, but the future of hundreds of children.
READ ALSO:Alleged Cybercrime: Court Grants Sowore Bail
Yet, for him, the work wasn’t finished. A school is only as strong as the people who keep it running. So he employed four teachers—paid directly from his own pocket—who remain on his payroll to this day. In an era where many wait for government intervention, his actions stood out as a reminder of what one individual can choose to do for the many.
But Aibangbee’s impact didn’t stop in the classroom.
Every student received free uniforms and writing materials a simple gesture that removed financial barriers for families and drew many children back to school. In homes where survival often competes with education, this support made all the difference.
Beyond education, the heartbeat of the community, its economy also felt his touch. A modern market now stands proudly in IGUOSHODIN–NEBUDI, built through his effort. What used to be makeshift stalls and risky trading corners has transformed into a structured, safer space where local traders can earn their living with dignity.
READ ALSO:US Senator Proposes Bill To End Dual Citizenship
Across the community, the message is resounding, Kingsley Aibangbee isn’t waiting for government rescue, political promises, or applause. His story reflects a quiet revolution, one built on service, sacrifice, and an unwavering belief that true leadership begins where the people stand.
In every corner of IGUOSHODIN–NEBUDIN, in every classroom, every uniform, every stall in the new market… his actions echo the challenge of that famous American quote. Not what your “country can do for you but what you can do for your country”!!!!
News
Edo Expresses Commitment To Ease Of Doing Business

The Edo State government has expressed commitment to providing the enabling environment for businesses to thrive in the state.
The state Deputy Governor, Hon. Dennis Idahosa, gave the assurance after a closed door meeting with representatives of Pan Ocean Oil Corporation Nigeria Limited, NewCross Exploration and Production Limited in Benin.
The deputy governor, who served as chairman of the state boundary committee, noted that this is in line with the Renewed Hope Agenda of President Bola Tinubu and the SHINE Agenda of Governor Monday Okpebholo.
Idahosa, who said “it is part of the state’s strategy to create employment opportunities,” pointed out that it is in line with Governor Monday Okpebholo economic drive to turn the state into an investor friendly one.
READ ALSO:2027: I Will Resign If Tinubu Loses In Edo – Governor Okpebholo
He also emphasised meed to resolve the lingering disputes, saying the boundary committee is proactively looking into and settling areas of concern regarding the issue.
“All communities that are in the boundary line between Edo and Delta States where there are communal disputes, we want to assure them that we are doing everything within our power, using diplomatic and democratic means to make sure this is resolved amicably,” he assured.
The deputy governor noted that under the SHINE Agenda of this administration, much has been done in the area of infrastructural development.
READ ALSO:Okpebholo’s One Year Performance Outshines Some governors’ 8 Yrs, Says Idahosa
“This has made it possible to access roads to major companies, communities, and, ensuring the security of life and properties across the state by investing aggressively in security,” he stated.
On the outcome of the robust interface with the oil workers, Idahosa said through deliberations at the meeting, both parties successfully forged a headway.
He said this has resorted to the invitation of the Edo State Boundary Committee for an on the spot inspection of operation sites in Orhionmwon Local Government Area of the state.
He called on investors and multinational companies operating in Edo State to go about their businesses with ease as the Okpebholo led administration is investment friendly.
News
Imansuangbon Donates To Benin IDPs, Charges Wealthy Nigerians To Advance Humanity

Politician and philanthropist, Barr. Kenneth Imansuangbon on Wednesday charged political office holders and well-to-do Nigerians to use their position and wealth to advance humanity.
Imansuangbon gave the charge when he visited Internally Displaced Persons (IDPs)housed by Home for the Needy Foundation, Benin, where he donated food items, drinks, cash, toiletries, etc to the children and women as part of his Christmas gifts to them.
Recall that last month the IDPs lamented hardship caused by the economic situation of the country, saying due to the economic hardship, a single meal where they used to cook 15 bags of rice has been reduced to 5.
Rising to the occasion, the philanthropist said his love for humanity and in accordance with the teaching of the Holy Book drove him to give to the needy annually, adding that he has been doing it for the past 20 years.

READ ALSO:Tragedy For Borno IDPs As Fire Guts 200 Houses
Imansuangbon, who expressed displeasure over the current happenings in the country, said: “If the country is really working we will not find ourselves in this kind of situation. This is an embarrassment to the giant of Africa.”
“If we teach ourselves love and humanity, then the country will be safer and better for everyone
“We are just a tool in the hand of God Almighty. Anywhere God has placed you, use it to advance humanity. You are in government? Get it at the back of your mind that you are not the first person to occupy the position, and you are not going to be the last.
“The way our country is today, I am not satisfied, this goes beyond Mr. President or the Senators, it is about realising that We all need to save our country. If the country is really working, we will not find ourselves in this kind of situation. This is an embarrassment to the giant of Africa.”

READ ALSO:Imansuangbon Donates Food Items IDP In Edo, Sues For Honour For Humanitarian Workers
Imansuangbon, who is the proprietor of Pacesetter School, Abuja, expressed gratitude to students, staff members and parents of the school, saying the donations were from them.
“I’m here in Benin with the half of their donation. The children donated ₦1.5m cash, and I am here with the money. You can see these 70 bags of rice, 100 bags of noodles, bags of cane drinks, water, toiletry, etc, are from them. I am grateful to them for doing this for the past 20 years.”
He, therefore, appealed to Governor Monday Okpehbolo to extend the hand of fellowship to the IDPs particularly on Christmas day.
Responding, coordinator of the camp, Pastor Solomon Folorunsho, while appreciating the donor, said: “He does this regularly not because he is a politician but because of his love for humanity. He is one of the few that comes here anytime, not an electioneering period alone, but anytime we are in need. He has been showing his love for the children for years, so I thank him.”
Folorunsho used the occasion to appeal to well-to-do Nigerians to come and assist the IDPs, stressing that until Imansuangbon came they (IDPs) had nothing to “eat for today.”
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