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REVEALED: Emefiele, cronies acquired 753-Duplex Estate with Forex kickbacks — EFCC

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Court papers filed by the Economic and Financial Crimes Commission have linked the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele, to the massive Abuja property with 753 duplexes and other apartments located in the Cadastral Zone area of the capital city.

The anti-graft agency on Monday announced the recovery of the property from an unnamed ex-government top brass, describing the property as the biggest single recovery it had made in the course of fighting corruption since its establishment in 2003.

The recovery followed a ruling delivered on December 2, 2024 by Justice Jude Onwuegbuzie of the FCT High Court in Apo.

In the court documents obtained by our correspondent on Tuesday, the EFCC ran a narration linking Emefiele to the massive property spanning 150,500 square metre and identified as Plot 109, Cadazral Zone C09, Lokogoma District, Abuja.

Emefiele is currently being prosecuted by the EFCC in three separate cases before different judges.

Before Justice Hamza Mu’azu, he is being tried for procurement fraud, forgery of former President Muhammadu Buhari’s signature, and other charges.

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Before Justice Rahman Oshodi at the Special Offences Court in Ikeja, Lagos, Emefiele is charged with alleged fraud involving $4.5bn and N2.8bn.

Additionally, Emefiele is before Justice Maryann Anenih of the FCT High Court in Abuja for allegedly approving the printing of N684.5m notes at the cost of N18.96bn.

According to the document, Emefiele allegedly carried out “monumental fraud” as the CBN governor with his cronies to acquire several properties including the estate.

“The commission whilst investigating the alleged monumental fraud carried out by the immediate past Governor of the CBN and his cronies traced and discovered several properties reasonably suspected to have been acquired and or developed with proceeds of unlawful activities.

“The property highlighted in Schedule A to this application is one of the said properties recovered, having been reasonably suspected to have been acquired/ developed with proceeds of unlawful activities.”

The EFCC alleged that “in the cause of this investigation, it was revealed that the erstwhile CBN governor negotiated kickbacks in return for allocation of foreign exchange to some companies who were in desperate need of foreign exchange for their lawful and legitimate businesses.

“Our investigation equally revealed that erstwhile CBN Governor received kickbacks from some contractors who were awarded contracts by the Central Bank of Nigeria.”

The anti-graft agency also alleged that Emefiele connived with several cronies, including one Ifeanyi Omeke, who “ran several errands for him, which included purchase and perfection of title documents for several properties located in highbrow areas of Lagos and Abuja.”

It said the documents for the Abuja property were recovered during a search of Omeke’s office and that investigators located the property on September 17, 2024 “with the assistance of a surveyor from the Abuja Geographical Information Systems, using search results and coordinate.”

The EFCC said its investigation “revealed that the said property has been abandoned and deserted with only a guard manning the said property since June 2023 upon the arrest of the erstwhile CBN Governor. “

The PUNCH reported that the Department of State Services arrested Emefiele in Lagos the following day he was suspended by President Bola Tinubu.

In October, the EFCC arrested Emefiele in less than an hour he regained his freedom from the DSS.

According to the EFCC, the massive property, allegedly acquired by Emefiele, through cronies, was originally meant for a mass housing development.

The EFCC said its investigation revealed that Emefiele used three companies to pay a total of N2.2bn to buy the property.

It said the seller “received the aggregate sum of N2,200,000,000.00,” adding that “the said three companies used for the payment of the property are enmeshed in criminal maneuvering of layering proceeds of illegal activities of Mr. Godwin Emiefele.”

According to the EFCC, one of the companies was used to pay N900m, the second paid N700m, while the third paid N600m, totalling N2.2bn.

It said the directors of the companies were arrested “and their statements voluntarily obtained in the course of investigation.”

“The funds used in the acquisition of the property highlighted in Schedule A to this application are not legitimate earnings of Godwin Emefiele but funds acquired through illegal and unlawful activities.

“That I know as a fact and verily believe that the source/origin of the funds used in the acquisition and/or development of the properties sought to be forfeited are proceeds of unlawful activities to wit: corrupt enrichment, receiving of gratification or kickbacks and abuse of office,” an EFCC investigator stated in the affidavit filed in court.

The EFCC noted that the court had on November 1, 2024 made an order for the temporary forfeiture of the property “after evaluating facts placed before it.”

It, therefore, urged the judge to order the permanent forfeiture of the property to the Federal Government as no one had come forward to challenge the facts placed before the court, in spite of adverting the interim forfeiture order in The PUNCH edition of November 6, 2024.

According to the EFCC, the court acceded to its request and has now permanently forfeited the property to the Federal Government.

Efforts to get the reaction of Emefiele’s legal team were unsuccessfuly. One of the lawyers, Matthew Burkaa( SAN), did not pick up calls to his line and had also yet to respond to a text message seeking Emefiele’s side of the story as of the time of filing this report.
(Punch)

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Tinubu names Bianca Odumegwu-Ojukwu as Minister of Foreign Affairs

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Bianca Odumegwu-Ojukwu, Minister of Foreign Affairs
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…Nominates Amb. Sola Enikanolaiye as Minister of State

President Bola Tinubu has appointed Ambassador Bianca Odumegwu-Ojukwu as Nigeria’s new Minister of Foreign Affairs after the resignation of Ambassador Yusuf Tuggar, who is reportedly preparing for a political move ahead of the 2027 general elections.

The President also forwarded the name of Ambassador Sola Enikanolaiye for appointment as Minister of State for Foreign Affairs, pending approval by the Senate.

The appointments were disclosed in a statement released on Wednesday by presidential spokesman Bayo Onanuga.

According to the statement, the reshuffle is aimed at improving Nigeria’s diplomatic strategy and ensuring that the country’s foreign policy supports the administration’s economic agenda more effectively.

“These adjustments are part of ongoing efforts to reposition Nigeria’s foreign policy architecture for greater efficiency, strategic engagement, and stronger global partnerships,” the statement read.

Odumegwu-Ojukwu, who previously served as Minister of State for Foreign Affairs and has years of diplomatic experience, is expected to oversee Nigeria’s international relations as the government intensifies focus on economic diplomacy, regional peace, and wider global partnerships.

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The presidency highlighted her long-standing involvement in global affairs, stating:

“Ambassador Odumegwu-Ojukwu brings decades of diplomatic experience and a deep understanding of Nigeria’s engagement with the global community,” the statement read.

Enikanolaiye, a seasoned career diplomat, had earlier worked as Senior Special Assistant to the President on Foreign Affairs and International Relations.

He has represented Nigeria in several cities around the world, including Addis Ababa, London, Ottawa, Belgrade, and New Delhi.

The statement noted that his nomination is expected to strengthen institutional continuity within the foreign service.

“Ambassador Enikanolaiye’s extensive experience across multiple diplomatic missions will support Nigeria’s evolving foreign policy objectives,” the statement added.

President Tinubu congratulated the two diplomats and urged them to place national interest at the forefront while promoting economic diplomacy and improving the welfare of Nigerians living abroad.

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Awka blacksmiths lament neglect by Govt, indigenes

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Supreme Court fixes Thursday for judgement on ADC leadership dispute

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FJSC nominates 22 Justices for Supreme Court Bench
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The Supreme Court has fixed Thursday, April 30, for judgment in the leadership dispute rocking the opposition African Democratic Congress (ADC).The apex court had reserved judgement in the case, prompting the opposition party to petition the Chief Justice of Nigeria (CJN) that time was not on its side.

However, on Wednesday, the apex court announced that the judgement would be delivered by 2pm, on Thursday.

A five-member panel of the apex court, led by Justice Mohammed Garba, had fixed the matter for judgment after parties adopted their final written addresses.

Mark, who leads a faction of the party, is challenging the March 12 judgment of the Court of Appeal, which ordered parties to maintain the status quo in the dispute.

In his appeal, the former Senate President argued that the appellate court exceeded its jurisdiction and insisted that the crisis bordered on internal party affairs, which courts lack powers to adjudicate.

The suit was initiated by aggrieved party members led by Nafiu Bala Gombe, who is contesting the legitimacy of the Mark-led leadership of the party.

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Other respondents in the appeal include the ADC, its National Secretary, Rauf Aregbesola, the Independent National Electoral Commission, and a former national chairman, Ralph Nwosu.

Mark is also seeking an order restraining INEC from recognising any leadership other than his faction, pending the determination of the appeal.

However, the respondents urged the apex court to dismiss the appeal, maintaining that the lower court was properly seized of the matter.

In a letter dated April 28, 2026 and signed by Shaibu Enejoh Aruwa, ADC counsel, the Mark-led faction said if the judgment of the apex court is not delivered within the next three days, the ADC “stands the grave and irreversible risk of being excluded from participating in the 2027 General Election”.

The Mark-led faction said the development would deny the constitutional right of millions of Nigerians to contest the elections under the platform of the party.

“My Lord, this appeal was graciously heard expeditiously on the 22nd April, 2026 and judgment was thereafter reserved to a date to be communicated by the court,” the letter reads.

“However, My Lord, we are most respectfully constrained to request for my Lord’s kind intervention and directive in ensuring that the judgment is rendered timeously having regard that INEC the 4th Respondent in the said Appeal purportedly, acting pursuant to the judgment of the lower court in

“Appeal No: CA/ABJ/145/2026 acted to remove or de-recognize the leadership of the African Democratic Congress (ADC) leaving the ADC without leadership at the moment even though the ADC remains a recognized registered political party in Nigeria.

“My Lord, we also respectfully draw Your Lordship’s attention to the INEC Timetable for the 2027 General Elections and the activities in readiness which have already commenced.

“Your Lordship’s would find attached copies of the INEC Press Release de-recognizing the leadership of ADC and the Revised INEC Timetable for the 2027 General Elections.

“My Lord, the ADC’s ability to comply with these statutory requirements to participate in the 2027 General Elections is wholly dependent on the timely delivery of the judgment in the instant Appeal.

“Without the delivery of judgment within the next three days from the date of this letter, the ADC stands the grave and irreversible risk of being excluded from participating in the 2027 General Elections.

“This would disenfranchise millions of Nigerians who have subscribed to the ideals of the ADC and deny them their constitutional right to freely associate and contest elections through a political party of their choice.

“My Lord, we are mindful of the enormous responsibilities and workload of this Honourable Court. We are equally aware that justice delayed, in this peculiar circumstance, would amount to justice denied. The entire political future of our client and the legitimate expectations of its members nationwide now hangs in the balance.”

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