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

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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.

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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.

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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;

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“…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.

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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.

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“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

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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.

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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.

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Community Violations: TikTok Removes Over 3.6m Videos in Nigeria

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TikTok on Tuesday said that it has removed over 3.6 million videos in Nigeria between January and March 2025 for violating its Community Guidelines.

It represented a 50 per cent increase from the previous quarter, according to TikTok’s Q1 2025 Community Guidelines Enforcement Report.

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The report said that TikTok prioritised creating a safe, respectful, and trustworthy digital environment.

The report highlighted TikTok’s proactive approach, with a detection rate of 98.4 per cent for content removed before user reports and 92.1 per cent of videos removed within 24 hours.

READ ALSO:Most Followed Tiktoker Khaby Lame Deported From US Over Visa Violation

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Globally, TikTok removed over 211 million videos in Q1 2025, with more than 184 million removed through automation.

“The platform’s global proactive detection rate reached 99 per cent.

“TikTok has intensified its LIVE Monetisation Guidelines and prioritised LIVE content enforcement.”

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According to the report in Nigeria, 42,196 LIVE rooms were banned, and 48,156 streams were interrupted for violating community guidelines.

READ ALSO:EFCC Arrests TikToker For Spraying, Stepping On Naira Notes In Kaduna

It said that the platform also removed 129 accounts in West Africa tied to covert operations in partnership with Cece Yara, a child-centred non-profit organisation.

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The report said that TikTok is expanding in-app helpline resources to Nigeria.

This initiative provides young users with access to local helplines for expert support on issues like suicide, self-harm, hate, and harassment.

READ ALSO:Trump Gives TikTok Extra 75 Days To Find Buyer TikTok

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The report also noted that TikTok Digital Well-being ambassador, Dr. Olawale Ogunlana, collaborated with experts to promote digital well-being.

It said that TikTok encouraged community participation through user reporting and education, advocating for a collaborative approach to creating a respectful online environment.

The Q1 2025 report reflects TikTok’s efforts to safeguard its Nigerian user base, strengthen enforcement systems, and remain transparent about measures taken to uphold platform integrity.”
(NAN)

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Buhari Buried In Daura Amid Prayers, Tributes

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Former President Muhammadu Buhari was laid to rest on Tuesday evening in his Daura residence in Katsina State, following Islamic funeral rites attended by President Bola Tinubu, President Umaro Sissoco Embaló of Guinea-Bissau, Niger Republic Prime Minister Ali Lamine Zeine, family members, top government officials, and dignitaries.

His body was committed to Mother Earth at about 5:50 p.m.

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Buhari had passed away on Sunday, July 13, in London at the age of 82, following a brief illness. His remains were received in Nigeria by President Bola Tinubu.

READ ALSO: Guinea-Bissau President, Niger Republic PM, Others Attend Buhari’s Burial In Daura

The body arrived in Daura at approximately 4:33 p.m. in a military ambulance. It was accompanied by President Tinubu, Vice President Kashim Shettima, Katsina State Governor Dikko Radda, National Security Adviser Nuhu Ribadu, businessman Aliko Dangote, former Vice President Yemi Osinbajo, and other dignitaries.

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Here are things to know about late Buhari.

Muhammadu Buhari was born on December 17, 1942, to Adamu and Zulaiha Buhari in Daura, Katsina State. He belonged to the Fulani ethnic group and was a devout Muslim.

He joined the Nigerian Army and rose to the rank of Major General. Buhari became Nigeria’s military Head of State following a coup on December 31, 1983, and led the country until August 27, 1985.

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READ ALSO:VIDEO/PHOTOS: Moment Buhari’s Remains Arrival In Nigeria

In 1994, Buhari was appointed Executive Chairman of the Petroleum Trust Fund (PTF) by the Sani Abacha administration, overseeing infrastructure projects funded by oil revenues.

After three failed attempts at the presidency, Buhari won the 2015 presidential election under the All Progressives Congress (APC), defeating incumbent President Goodluck Jonathan. He was re-elected in 2019.

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He was married to Aisha Buhari and had several children. Known for his austere lifestyle, Buhari maintained a reserved and disciplined public persona throughout his life.

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Guinea-Bissau President, Niger Republic PM, Others Attend Buhari’s Burial In Daura

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President Bola Tinubu, President Umaro Sissoco Embaló of Guinea-Bissau, and Niger Republic Prime Minister Ali Lamine Zeine were among thousands of people who attended the funeral rites of the late former President Muhammadu Buhari on Tuesday in Daura, Katsina State.

The News Agency of Nigeria (NAN) reports that the remains of Buhari were conveyed to Nigeria by the Vice President, Kashim Shettima, and the Chief of Staff to the President, Femi Gbajabiamila.

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NAN also reports that the remains were brought aboard a Nigerian Air Force flight -FGT 001, which touched ground at the Umaru Musa Yar’adua International Airport, around 2 p.m., on Tuesday.

The body was received by Tinubu, Gov. Dikko Radda of Katsina State, National Security Adviser Nuhu Ribadu, the Governors, and other dignitaries.

READ ALSO:North West Govs Declare Tuesday Public Holiday To Honour Buhari

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After a farewell parade in honour of the late former Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria, his remains were conveyed to Daura by road.

Imam Hassan Yusuf led the funeral prayer at 4 p.m. at the Daura Helipad.

Many dignitaries performed the prayer, notable among them were the former Nigerien President Mahamadou Issoufou and former Vice-President Atiku Abubakar.

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Others were members of the National Assembly, including the Emir of Daura, Alhaji Umar Faruk-Umar, and the Emir of Katsina, Alhaji Abdulmumini Kabir-Usman, as well as the Emirs of Zazzau, Dutse, and Kazaure, among others.

READ ALSO:APC Secretariat Shuts For Three Days To Honour Late Buhari

Captains of industries, such as Alhaji Aliko Dangote and Alhaji Dahiru Barau Mangal, also attended the burial.

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After the funeral prayer, the corpse was taken to his residence, where he was buried.

The funeral rites were attended by thousands of people who were earlier denied access to the venue but later allowed to enter.

Some of the people interviewed praised the virtues of the late former President, who was distinguished for his integrity, honesty, and discipline.

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READ ALSO:FG Declares Public Holiday To Honour Buhari

Salisu Lawal stated that Buhari was a great man who loved being among his people and offering a helping hand to them.

Aliyu Nasiru, another resident, described the death of Buhari as a great loss not only to his immediate family but to the state and the country.

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The death has created a vacuum that is difficult to fill, he will continue to be remembered for his good virtues,” he said.

He prayed to the Almighty Allah to forgive his shortcomings, grant him Al-Jannah Firdaus.

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