News
Emefiele Now In DSS Custody For Investigation
The Department of State Services (DSS) has confirmed the arrest of suspended CBN Governor, Godwin Emefiele saying that he will be facing investigation.
The Public Relations Officer (PRO), Peter Afunanya, on Saturday confirmed the development saying:
“The Department of State Services (DSS) hereby confirms that Mr Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria (CBN) is now in its custody for some investigative reasons,” it said.
“The public, particularly the Media, is enjoined to apply utmost caution in the reportage and narratives concerning this.”
The revelation comes hours after the DSS refuted reports that Emefiele was in its custody.
Amid reports of the arrest widely shared online, Afunanya said in a terse statement on Saturday morning, “Currently, Emefiele is not with the DSS.”
Acting CBN Governor Appointed
The Director of Information, Office of the Secretary to the Government of the Federation Willie Bassey in a statement on Friday, announced Emefiele’s suspension.
“President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele, CFR, from office with immediate effect. This is a sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy,” the statement said.
“Mr Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate) [Folashodun Adebisi Shonubi], who will act as the Central Bank Governor pending the conclusion of the investigation and the reforms.”
News
El-Rufai speaks on Abuja airport arrest attempts by security operatives
El -Rufai wrote.“Our country must outgrow executive overreach particularly involving opposition figures and former public office holders, and deliberate disregard for the rule of law
A former Kaduna State Governor, Nasir El-Rufai, has condemned what he described as an illegal attempt by security operatives to arrest him at the Nnamdi Azikiwe International Airport, Abuja, following his arrival from Cairo, Egypt.
El-Rufai made this known in a post on his verified X (formerly Twitter) handle on Thursday, where he accused authorities of executive overreach and disregard for the rule of law.
“My lawyers have issued a statement that condemns the illegal attempt to arrest me today at the Abuja airport upon my arrival from Cairo,” El-Rufai wrote.“Our country must outgrow executive overreach particularly involving opposition figures and former public office holders, and deliberate disregard for the rule of law,” he added.
News
INEC needs N873bn for 2027 elections, says Amupitan
The 2027 election budget is structured into five major components: N379.748 billion for operational expenses, N92.317 billion for administrative costs, N209.206 billion for technology, N154.905 billion for capital expenditure, and N42.608 billion for miscellaneous items.
INEC Chairman, Prof. Joash Amupitan has estimated a total of N873.778 billion for the conduct of the 2027 general elections, while requesting N171 billion for its 2026 operational budget.
Amupitan made the projection on Thursday when he presented the Commission’s budget proposals before the National Assembly Joint Committee on Electoral Matters.
He clarified that the nearly N874 billion earmarked for 2027 polls is separate from the 2026 budget, which covers routine operations, by-elections, and off-cycle polls.
The 2027 election budget is structured into five major components: N379.748 billion for operational expenses, N92.317 billion for administrative costs, N209.206 billion for technology, N154.905 billion for capital expenditure, and N42.608 billion for miscellaneous items.
The projection does not include a pending request by the National Youth Service Corps (NYSC) for an upward review of allowances for corps members deployed as ad-hoc election staff.
News
El-Rufai resists arrest by security agents at Abuja Airport
Regarding today’s incident, Muyiwa Adekeye, El-Rufai’s media aide, confirmed that ” As he arrived at the airport, security agents approached him, but Malam El-Rufai declined to follow them without a formal invitation. They, however, snatched his international passport from an aide.”
Security agents today at the Nnamdi Azikiwe International Airport, Abuja, attempted to arrest former Kaduna State Governor, Malam Nasir Ahmad El-Rufai, upon his arrival from Cairo, Egypt
Ohibaba.com reported the previous day that El-Rufai, in an interview with BBC Hausa, said he could be arrested in Nigeria at any time.
He accused the ruling All Progressives Congress (APC) of pressuring politicians to either align with the party or face political consequences.
El-Rufai also claimed that some of his associates had already been detained. “Four people we worked with in Kaduna have been arrested; so it’s only a matter of time before they come for me too,” he said
Regarding today’s incident, Muyiwa Adekeye, El-Rufai’s media aide, confirmed that ” As he arrived at the airport, security agents approached him, but Malam El-Rufai declined to follow them without a formal invitation. They, however, snatched his international passport from an aide.”
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