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BIG STORY

Federal Government To Arraign Emefiele, Allies On Thursday Over N6.9 Billion Procurement Fraud

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The Federal Government plans to charge suspended Central Bank of Nigeria (CBN) Governor Godwin Emefiele and his accomplices with N6.9 billion in procurement fraud.

According to our information, Emefiele will be charged in the Federal Capital Territory High Court in Maitama, Abuja, on Thursday.

Arrest and mention are to be made in the case.

Along with a female CBN employee named Sa’adatu Yaro and her business, April 1616 Investment Limited, Emefiele will be charged with 20 counts of procurement fraud, conspiracy, and giving his friends unfair advantages.

The troubled CBN governor had been detained ever after President Bola Tinubu had removed him from office on June 9.

He was charged with giving Yaro, a director of April 1616 Investment Ltd., corrupt benefits.

The offense is contrary to section 19 of the Corrupt Practices and Other Related Offences Act 2000.

If convicted, Emefiele may be sentenced to five years imprisonment without an option of a fine.

The section read, “Any public officer who uses his office or position to gratify or confer any corrupt or unfair advantage upon himself or any relation or associate of the public officer or any other public officer shall be guilty of an offense and shall on conviction be liable to imprisonment for five years without an option of fine.”

In the charges signed by the Director of Public Prosecutions, Federal Ministry of Justice, Mohammed Abubakar; Deputy Director, Public Prosecution, Mrs. N Jones-Nebo, and eight other ministry officials, the three accused persons were alleged to have bought a fleet of over 98 exotic vehicles and armored buses valued at about N6.9bn.

Some of the vehicles bought between 2018 and 2020 included 84 Toyota Hilux vehicles, 10 armored Mercedes Benz buses, three Toyota Landcruisers, and one Toyota Avalon car.

Count one read, “That you, Godwin Ifeanyi Emefiele, male, adult, sometime in 2018 within the jurisdiction of this honorable court did use your position as Governor of the Central Bank of Nigeria to confer a corrupt advantage on Sa’adatu Ramallan Yaro, a staff member of the Central Bank of Nigeria by awarding a contract for the supply of 37 (Nos.) Toyota Hilux Vehicles at the cost of N854,700,000 only to April 1616 Investment Ltd, a company in which she is a director, and thereby committed an offense.

“Statement of the offense: Conferring corrupt advantage contrary to section 19 of the Corrupt Practices and Other Related Offences Act 2000.”

Emefiele has been accused by the FG of conspiracy to confer corrupt advantage on the second defendant contrary to sections 26 (c) and 19 of the Corrupt Practices and Other Related Offences Act 2000 and punishable under Section 19 of the same Act.

The charge stated, “That you, Godwin Ifeanyi Emefiele, male, adult, Sa’adatu Ramallan Yaro, female, adult, and April 1616 Investment Ltd, sometime in 2019 within the jurisdiction of this Honourable Court did conspire amongst yourselves to use the office of Mr. Godwin Ifeanyi Emefiele as Governor of the Central Bank of Nigeria to confer a corrupt advantage on Sa’adatu Ramallan Yaro, a staff of the Central Bank of Nigeria by awarding a contract for the supply of 1 (No.) Toyota Landcruiser V8 at the cost of N73,800,000 only to April 1616 Investment Ltd.”

Emefiele was said to have also conferred a corrupt advantage on Yaro by awarding a contract for the supply of one Toyota Avalon at the cost of N99.9m to her company, April 1616 Investment Ltd., in 2019.

The suspended governor was also accused of awarding a contract for the supply of another Toyota Landcruiser V8 for N77.050m to the third defendant in 2018.

The ex-CBN governor was said to have conspired with Yaro to confer corrupt advantages on the CBN staffer by awarding to her a contract for the supply of two Toyota Hilux Shell specification vehicles at the cost of N44.2m sometime in 2020.

Emefiele was further alleged to have awarded another contract to Yaro and her firm for the purchase of one Toyota Landcruiser VXR valued at N96m in 2020.

Yaro was similarly accused of fraudulent acquisition of property for getting a contract from the CBN for the supply of 47 Toyota Hilux vehicles at the cost of N1,085,700,000 and thereby committed a punishable offense.

Count 10 read, “That you, Sa’adatu Rammala Yaro, female, adult, sometime in 2018 within the jurisdiction of this honorable court while being employed at the CBN knowingly held directly a private interest as a director in April 1616 Investment Ltd., in a contract awarded to the said company, for the supply of 47 Toyota Hilux vehicles at the cost of N1,085, 700,000 and thereby committed an offense.”

Count 11, “That you, Sa’adatu Rammala Yaro, female, adult, sometime in 2018 within the jurisdiction of this honorable court while being employed at the CBN knowingly held directly a private interest as a director in April 1616 Investment Ltd., in a contract awarded to the said company, emanating from the CBN where you are employed, for the supply of 10 Mercedes Benz armored buses at the cost of N2,222, 500,00 and thereby committed an offense.”

Witnesses Against Emefiele

Listed as witnesses against the defendants were the CBN Director of Procurement, Stanley Alvan; CBN Head of Procurement, Mike Agboro, Tahir Jafar, David Usman, and “any other witnesses to be supplied later in the additional proof of evidence.”

BIG STORY

BUHARI: Obasa Mourns, Tasks Nigerians To Celebrate His Life And Legacy

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Speaker of the Lagos State House of Assembly, Rt. Hon. (Dr) Mudashiru Obasa, has expressed his heartfelt condolences on the passing of former President Muhammadu Buhari, GCFR, describing it as a profound loss for both the Buhari family and the entire nation of Nigeria.

In a statement released by his Chief Press Secretary, Dave Agboola, Speaker Obasa reflected on President Buhari’s lifelong dedication and selfless service to the nation both as a military Head of State and as a two-term elected President of Nigeria.

“President Buhari served our nation with a commitment that will be remembered as a significant part of our history.
“His contributions to the development and unity of Nigeria have left an indelible mark on our country,” said Obasa.

As the nation mourns his passing, Speaker Obasa emphasised the importance of celebrating Buhari’s legacy. “While we grieve his loss, we must also honour his contributions and reflect on the values he championed throughout his time in Office,” he added.

The Speaker urged all Nigerians to take a moment to remember the life and work of President Buhari, as the country continues to strive for the ideals he represented. “Let us come together in this time of sorrow, united in our commitment to building the Nigeria he envisioned,” Obasa stated.

“Our thoughts and prayers are with his family and all who were touched by his leadership. May his soul rest in peace.”

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BIG STORY

VP Shettima, Gbajabiamila Depart Abuja To Accompany Buhari’s Body Back To Nigeria [PHOTOS]

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Vice President Kashim Shettima, alongside the Chief of Staff to the President, Femi Gbajabiamila, has left Abuja for London to accompany the late former President Muhammadu Buhari’s remains back to Nigeria.

It was earlier reported that Buhari, a two-term President who also once served as a military head of state passed away on Sunday evening.

Reports indicate that the former President died in London, where he had traveled a few weeks ago to receive medical treatment.

Throughout his time in office, Buhari dealt with various health issues, often traveling abroad for extended medical care.

Following his death, President Bola Tinubu instructed Shettima to head to London and bring Buhari’s body back to Nigeria.

Gbajabiamila is also joining Shettima on the trip. Both men were seen boarding the presidential jet on Sunday night in a post shared on X.

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BIG STORY

UPDATE: President Tinubu, Former Leaders Gather For Buhari’s Burial In Daura Today

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President Bola Tinubu and several former Nigerian heads of state are expected to assemble in Daura today for the burial of former President Muhammadu Buhari, in accordance with Islamic customs.

Vice-President Kashim Shettima, acting on the President’s directive, accompanied Buhari’s body from London where he passed away around 4:30 pm on Sunday.

Report has it that Buhari’s remains are expected to arrive in Nigeria early Monday for immediate transport to his hometown in Daura, Katsina State, for burial.

“The burial is today (Monday). They’re bringing his corpse over the night. They’ll go straight to Daura. So, they’ll bury him today (Monday).

You know, the Islamic rites don’t take time,” one official, who asked not to be named, explained.

Another insider said, “When the corpse arrives, we are sure the President would go there. After they go to Daura, the President can join them there.”

When asked if any African presidents would be present in Nigeria to pay their respects, a third official replied, “Yes, there would be mainly West African Leaders. But we don’t know who and who until they start to communicate on Monday.”

The official added, “The body will arrive early tomorrow and be buried. We’ll start having heads of state from West Africa. It is likely that some will come.

If they come they will stay in their hotels until they get a time to see the President today (Monday).

You know, the President just came back early hours of today. And he’s still resting.”

Tinubu had announced the former leader’s death, which followed a lengthy undisclosed illness.

“President Tinubu has spoken with Mrs Aishat Buhari, the former President’s widow and offered his deep condolences,” read a statement issued Sunday by Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga.

The statement was titled ‘President Tinubu Announces President Buhari’s Passing, Orders VP Shettima To The Uk To Accompany Body Back Home.’

“President Tinubu has also ordered Vice President Kashim Shettima to proceed to the United Kingdom to accompany President Muhammadu Buhari’s body back to Nigeria,” Onanuga said.

Tinubu instructed that national flags be flown at half-mast as a tribute to the late leader.

He also called for an emergency Federal Executive Council meeting on Tuesday, July 15, 2025, to honour the former President.

In a personal tribute signed Sunday evening, Tinubu affirmed that Buhari would receive full state honours.

“As a mark of respect to our former leader, I have directed that all national flags fly at half-staff across the country for seven days from today,” Tinubu wrote.

He added, “I have also summoned an emergency Federal Executive Council session on Tuesday, dedicated to his honour.”

The President said the news of Buhari’s death brought him “profound sorrow and a heavy heart,” and noted that Nigeria had lost “a patriot, a soldier, a statesman.”

“President Buhari was to the very core, a patriot, a soldier, a statesman. His legacy of service and sacrifice endures.

He served Nigeria with unwavering dedication, first as a military leader from January 1984 to August 1985, and later as a democratically elected President from 2015 to 2023.

Duty, honour, and a deep commitment to the unity and progress of our nation defined his life,” Tinubu wrote.

Tinubu also characterized Buhari as a steady leader during difficult times, praised for his integrity and strong belief in Nigeria’s potential.

He commended Buhari’s fight against corruption and his effort to bring discipline to governance.

“He championed discipline in public service, confronted corruption head-on, and placed the country above personal interest at every turn,” Tinubu said.

The President also expressed sympathy to the people and traditional authorities of Daura, the late President’s birthplace.

“In this moment of national mourning, I extend my deepest condolences to his beloved wife, Aisha, with whom I have been in constant touch, his children, the entire Buhari family, and all who knew and loved him.”

“I also extend my condolences to the government and people of Katsina State, most especially the people and traditional leaders of Daura Emirate,” he stated.

Tinubu said the government would arrange a funeral that reflects Buhari’s “towering contributions to our country” and prayed for his peaceful rest.

“We honour his service. We reflect on his legacy. And we pray for the peaceful repose of his soul,” he said, adding, “May Allah forgive his shortcomings and grant him Al-Jannah Firdaus. And may his life continue to inspire generations of Nigerians to serve with courage, conviction, and selflessness.”

The 82-year-old had travelled to London in late June for continued treatment for an unspecified medical condition.

During his presidency, Buhari frequently travelled abroad for health reasons.

He made at least 13 medical trips to the UK while in office.

His first documented trip occurred in June 2016, just over a year into his presidency, lasting ten days.

By 2017, his health-related travels increased in frequency and length.

In May 2017, he spent more than 100 days in London, his longest medical leave, sparking concerns about leadership continuity.

Such visits were often suddenly announced, with official statements describing them as “routine check-ups.”

From 2018 to 2021, Buhari is said to have travelled to London for medical purposes at least once annually, including trips in April 2021 and March 2022.

His last known medical trip while president occurred in October 2022, just months before completing his tenure.

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