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Emefiele loses bid to stop $4.5bn, N2.8bn fraud trial

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Former governor of the Central Bank of Nigeria, Godwin Emefiele has lost the chance to stop the $4.5bn, N2.8bn fraud trial after the Lagos State Special Offences Court, on Wednesday, dismissed an application filed by the former governor, challenging the court’s jurisdiction to entertain the fraud charges brought against him by the Economic and Financial Crimes Commission.

Justice Rahman Oshodi, in his ruling, held that the court had the jurisdiction to try Emefiele and his co-defendant, Henry Omoile.

The judge, however, struck out four of the 26 counts filed by the EFCC against the defendants for lack of jurisdiction.

Justice Oshodi explained: “Allocation of foreign exchange without reason is not defined as an offence under any written law. The objection to counts one to four succeeds and is hereby struck out.

“The objection challenging the court’s territorial jurisdiction over counts eight to 26 fails and is hereby dismissed.

“The prosecution has established sufficient territorial nexus in this case.

”The judge subsequently adjourned the case for trial continuation on February 24, 2025.

The EFCC had arraigned Emefiele on 26 charges, bordering on abuse of office and illegal allocation of $4.5bn and N2.8bn.

At the last adjourned date on December 12, 2024, Emefiele’s counsel, Mr. Olalekan Ojo (SAN), argued that the court lacked jurisdiction to hear the case in Lagos.Ojo contended that the alleged offences, including abuse of office, fell outside the territorial reach of the Lagos Special Offences Court.

He also argued that the charges violated Section 36(12) of the Nigerian constitution, asserting that the alleged offences were not legally recognised under Nigerian law.

Furthermore, Ojo emphasised that since the Lagos State House of Assembly does not have legislative authority over matters on the Exclusive Legislative List, Section 73 of the Criminal Law of Lagos State (2011), under which counts one to four were filed, cannot apply extraterritorially to the alleged abuse of office by Emefiele.

Ojo added that a court’s territorial jurisdiction is limited to the geographical area within which its authority can be exercised and urged the court to strike out counts one to four of the amended charges filed by the EFCC on April 4, 2024.

In response, EFCC counsel, Mr. Rotimi Oyedepo (SAN), argued that the court had the authority to hear the case.

Oyedepo contended that the alleged crimes were economic and financial in nature, falling within the EFCC’s jurisdiction.

He also maintained that substantial evidence supported Lagos as the appropriate venue for the trial.

According to Oyedepo, the subject matter of the charges clearly fell within the court’s jurisdiction since the offences were committed within its territorial reach.

He noted that evidence and witness testimonies pointed to Lagos as the proper location for the trial and argued that the objections raised by Emefiele’s legal team lacked factual or evidential support.

Following the arguments, Justice Oshodi initially adjourned the case to January 7, 2025, for a ruling on the application challenging the court’s jurisdiction.

However, the ruling was not ready on that date, prompting an adjournment to Wednesday, January 8, 2025.

The case has now been adjourned to February 24 and 26, 2025, for the continuation of trial.

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South African kills Nigerian bar worker

Olaleye was allegedly shot by a South African national following an argument over whether a drinking glass should be taken outside the bar.

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• South African police

The Nigerian Union in South Africa (NUSA) says Olatunde Olaleye, a 40-year-old father of two, has been shot dead in the country.

According to NAN, NUSA said Olaleye,‌‌⁠⁠‍⁠⁠‌⁠‌⁠‍‍‌ an indigene of Ikere-Ekiti, was killed on September 21 while working at Spanata Bar and Grills in Mamelodi, Pretoria.

Smart Nwobi, NUSA president-general, in a statement on Thursday, said Olaleye was a husband and father of two children, adding that his death has left his family devastated.

He said the union is concerned by reports that Olaleye was allegedly shot by a South African national following an argument over whether a drinking glass should be taken outside the bar.

According to him, there were also reports that the suspect returned to the premises to threaten the bar’s management, with a promise that members of his crew would return.

Nwobi called for a thorough, transparent and impartial investigation into the circumstances surrounding the incident.

“We cannot continue to lose Nigerians under circumstances that leave families devastated and communities traumatised,” he said.

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Nigerian Editors Brace for Democracy Protection Ahead of 2027 Elections

“As editors, we must remain above board in an increasingly polarised environment. We must not become agents of disorder. Neither should we display contradictory tendencies that cause the citizenry to question our credibility,” Anaba said.

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Enugu|•L-R Prof Pat Utomi; Prof Chinyere Okunna and Eze Anaba President Nigerian Guild of Editors at the 22nd All Nigerian Editors Conference in Enugu. Photo. Nwankpa Chijioke


Nigerian editors have been urged to protect the credibility of the ballot and help safeguard democracy as the country prepares for the 2027 general elections.

The call was made by Eze Anaba, President of the Nigerian Guild of Editors (NGE) and Editor of Vanguard Newspaper, in his welcome address at the 22nd Annual All Nigerian Editors Conference, which opened today in Enugu.
The conference is themed, “The Ballot, the Media and the Task of Keeping Democracy Alive.”
Anaba said the media, alongside other critical institutions, had a responsibility to nurture democracy by ensuring that voters were adequately informed and that electoral outcomes reflected the choices of the people.

According to him, the ballot can only fulfil its democratic purpose when voters have access to credible information and are able to make their choices freely, without intimidation or undue influence.

He urged editors and journalists to uphold verification, independence, accuracy, fairness, accountability and courage, particularly in an era of social media, artificial intelligence, deepfakes and the rapid spread of misinformation.

“As editors, we must remain above board in an increasingly polarised environment. We must not become agents of disorder. Neither should we display contradictory tendencies that cause the citizenry to question our credibility,” Anaba said.

He stressed that the media’s overarching responsibility was to serve the public good and help ensure that government derived its legitimacy from the consent of the people.

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Works Minister Orders Tinubu’s Pictures On First Niger Bridge

“The President has worked so hard and we need to reward his hard work by decorating this bridge with his pictures.”

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Minister of Works, David Umahi, has ordered the removal of illegal advertisements from the rehabilitated First Niger Bridge and their replacement with pictures of President Bola Tinubu, saying the display would recognise the President’s work on infrastructure.

Umahi gave the directive during an inspection of ongoing rehabilitation works on the bridge linking Anambra and Delta states.

He said the bridge was expected to reopen to motorists next week, subject to the completion of critical structural work.

“Once we are done with work on this bridge, I want all the illegal adverts on this bridge removed. Anyone who wants to advertise should apply to the Ministry of Works. For now, the bridge will be decorated with the pictures of President Tinubu,” Umahi said.

“The President has worked so hard and we need to reward his hard work by decorating this bridge with his pictures.”

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