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EFCC Witness Tells Court How Funds Were Moved From CBN Through Emefiele’s Wife

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Godwin Emefiele
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A business relationship manager with Zenith Bank PLC, Ifeoma Ogbonnaya, has told a Lagos High Court sitting in Ikeja how funds were moved from the Central Bank of Nigeria (CBN) through Zenith Bank to some accounts linked to Mrs Margaret Emefiele, wife of a former Governor of the CBN Godwin Emefiele.

Ogbonnaya who is the fifth prosecution witness testified in the trial of Godwin Emefiele and his co-defendant, Henry Omoile, on charges of alleged abuse of office to the tune of $4.5 billion and N2.8 billion

Led in evidence by EFCC’s Prosecutor (SAN) Rotimi Oyedepo, the witness told trial Judge Rahman Oshodi that she never had any dealings with the former CBN governor but testified that several transfers running into billions from apex bank were made into private companies linked to Mrs Emefiele.

The inflows were for services rendered by the companies for CBN.

She listed the private companies that received the cash flow from CBN, as Limelight Multidimensional Services Ltd, Comec Support Services Ltd, Andswin Resources Solution Ltd, and Magofarm.

The witness also testified that the two signatories to the accounts are one Mr Stephen and Mrs Patricia but that all transfer instructions were authorised by Mrs Emefiele.

She said apart from Mrs Emefiele she also receives instructions from two other people – Mr John Ogah and one Mr Opeyemi Oludimu – who works for Emefiele but is now late.

“Mrs Margaret Emefiele, the ex-CBN governor’s wife is the direct beneficiary of the accounts. The companies send transfer instructions to my email and all transactions made in the accounts were confirmed by Mrs Emefiele before they were processed,” she stated.

“Whenever she sends transfer instructions directly to my official email address with Zenith Bank or sends it through two other persons that work with them, I usually confirm from her.”

The witness also explained that Limelight manages the facilities of CBN, located in the Alakija area of Lagos, and noted that all transactions about power and fixing things that are not working were always done by the vendors.

“Andswin was basically used to provide diesel to their vendors. Magofarms deals with piggery and poultry. For Comec, they also had facilities for the CBN guest house in Ikoyi.”

Ogbonnaya also told the court about some of the cash flows the accounts received.

“On February 22, 2021, there was a cash flow of N42,988,758.75 from CBN, on July 21, 2022, there was a cash flow of N37,279,964.70. On October 21, 2022, there was a credit flow of N44,641,077.60, on May 10, 2023, there was a cash flow of N93,100,000, from CBN, among others,” the witness said.

She said the bundles of documents which entailed the various transactions were printed from her desktop computer.

“The documents were sent to my email and when the investigation started, I was requested to print all the documents for the law enforcement which I did. I printed them from the office desktop and took them to the compliance officer.

“I also have certificates confirming that these documents were printed from Zenith Bank.”

With no objections from the defence team, the court admitted in evidence, the certificate of identification and the bundle of printed documents which contained the various transactions the witness purportedly carried out under Mrs Emefiele’s instructions.

Justice Oshodi also granted a request by Mr Emefiele’s lawyers to recall the first prosecution witness Monday Osazuwa for a further cross-examination.

The trial was then adjourned till July 10, for continuation.

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Immigration Officers Seize Natasha’s Passport For A Moment at Abuja Airport

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Natasha Akpoti-Uduaghan
Natasha Akpoti-Uduaghan
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A drama ensued at the Nnamdi Azikiwe International Airport in Abuja on Thursday, July 24, 2025, as the officers of the Nigeria Immigration Service (NIS) seized the international passport of suspended senator representing Kogi Central, Natasha Akpoti-Uduaghan.

The senator’s passport was seized at the Abuja airport while on her way to board a British Airways flight to London.

Eyewitnesses disclosed that the senator arrived at the international terminal of the airport with her husband, Emmanuel Uduaghan, only to be stopped by immigration officials who flagged her as a “national security risk.”

Natasha was said to have remained calm and composed throughout the ordeal, insisting that the officers have no legal authority to seize her passport.

“The court never authorised this. You have no right to hold my passport,” the lawmaker said.

Her husband was later seen making a series of urgent phone calls as the delay dragged on.

Minutes later, the senator’s passport was returned without any formal explanation, allowing her to swiftly proceed through immigration and board her flight.

 

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NLC Supports Senate On Local Content Enforcement

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The President of the Nigeria Labour Congress (NLC), Joe Ajaero, has thrown his weight behind the Senate’s push for stricter enforcement of Local Content laws, describing ongoing violations as a national crisis that continues to rob Nigerian workers of their rights and opportunities.

During a courtesy visit by the Senate Committee on Local Content, led by its Chairman, Senator Joel-Onowakpo Thomas, Ajaero lamented that many companies continue to violate Local Content provisions with impunity, employing hundreds of expatriates while sidelining qualified Nigerians.

“We need a clear strategy to enhance monitoring because this problem has persisted for too long.

“I’m with you in this cause to save this country from this calamity. Some of these violators appear untouchable, even when taken to court. Who enforces the law?” Ajaero asked.

The labour leader expressed concern that, despite the existence of robust legislation such as the Nigerian Oil and Gas Industry Content Development (NOGIC) Act, poor enforcement has allowed widespread abuse to continue, including salary discrimination and job displacement of Nigerians by foreign workers.

“While we complain about unemployment, expatriates earn double and Nigerian workers are treated as second-class citizens in their own country. This discrimination must stop,” he said.

Ajaero called for the creation of a centralised databank to document cases of violations and convictions, stressing that there must be public accountability. “We need to keep a record of how many convictions have been secured. That’s the only way to measure progress,” he said.

He also raised questions over the commitment of some government agencies, alleging that compromised enforcement officers were part of the problem. “When those meant to enforce the law become compromised, the entire system breaks down,” he stated.

Highlighting cases where refineries and large industrial projects are staffed predominantly by foreigners, the NLC president said various unions within the Congress will begin compiling and submitting detailed reports to assist the Senate Committee in its oversight duties.

“There’s a lot of good work being done under the Local Content policy in the oil and gas sector, but we are not there yet. We must go further to stop capital flight and empower our people,” he added.

The Senate committee therefore pledged to review all complaints and investigate reported violations, as part of its renewed push to enforce compliance and protect Nigerian jobs.

 

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Recess: Senate Adjourns To September 23, Tasks Committees On Pending Reports

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The Senate has adjourned plenary to September 23, 2025, marking the end of the current legislative year, with a directive to all committees to conclude work on pending reports ahead of resumption.

Senate President Godswill Akpabio made the announcement on Thursday after a closed-door executive session that lasted over an hour.

He charged all standing and ad hoc committees to make effective use of the two-month break to finalise their assignments in order to ease legislative consideration and adoption upon resumption.

In his earlier remarks, Senator Akpabio also encouraged lawmakers to use the recess period to inspect road construction projects in their constituencies and across the country.

Meanwhile, senators are expected to travel to Jos, Plateau State on Friday to attend the burial of the wife of their colleague, Senator Diket Plang.

 

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