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Emefiele Refutes Allegations Of Illegal Fund Placement Abroad

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The former CBN Governor, Godwin Emefiele has contested the report by CBN’s investigator, Jim Obazee, refuting claims of lodging £543,482,213 in UK banks without authorization.

Emefiele conveyed this information on Sunday night through a signed statement titled “Re: Emefiele, others stole billions, illegally kept Nigeria’s funds in foreign banks.”

He stated that the report was misleading, constituting a deliberate effort to tarnish his reputation, damage his character, and cater to the personal agenda of the private investigator.

He said: “Moreover, the former President Muhammadu Buhari GCFR has stated on a number of occasions that he authorised and approved the Naira redesign. I am therefore at a loss as to why Mr. Jim Obazee will mislead Nigerians that there was no presidential approval.

“I have gone through the publications, and I say boldly that the contents of the said publications are false, misleading and calculated to disparage my person, injure my character and serve the selfish interest of the private investigator.

“Because of my present situation, I have been advised by my lawyers not to say anything in respect of the matters which have been submitted to the court for adjudication. However, I need to address some of the issues raised in the publication which are barefaced lies told by the investigator in order to achieve his satanic agenda

“First, it was reported that contrary to the provision of the CBN Act 2007, there was no presidential approval for the Naira redesign. I wish to state unequivocally that there was indeed a presidential approval, and the said approval was handed over to the same Jim Obazee during the process of his investigation in the presence of senior CBN officials and his own investigative team.

“Moreover, the former President Muhammadu Buhari GCFR has stated on a number of occasions that he authorised and approved the Naira redesign. I am therefore at a loss as to why Mr. Jim Obazee will mislead Nigerians that there was no presidential approval.

“The report also claimed that the sum of 6.23 million dollars was withdrawn from the CBN vault based on a false presidential directive bearing the signature of the former president Muhammadu Buhari GCFR and that of the former secretary to the government of the federation (SGF), Mr. Boss Mustapha.

“About two weeks ago, Jim Obazee in the company of a certain Deputy Commissioner of Police from Force CID came to Kuje to ask me questions in respect of the said document in the presence of my lawyers.

“I stated verbally and in writing that I have no knowledge of such a directive from the former president and the former SGF. In fact, I told them that that was the first time I would be seeing the documents.

“On this, I challenge Jim Obazee to publish the said documents and also the statements that I made to them.

“The final issue that I would like to respond to is the issue of the 593 accounts which were purportedly opened in different parts of the world.

“I state categorically that I am not involved in the opening of these accounts and I do not have knowledge of their openings. The fixed deposits in those foreign accounts are definitely outside my knowledge.

“However, let me state clearly, that the relevant departments of the CBN have the authority to carry out such activities in line with their lawful mandate within the CBN.

“I, therefore, join well-meaning Nigerians who have spoken on this matter and have demanded a thorough and transparent investigation of all these alleged frauds.

“Meanwhile, I have instructed my lawyers to immediately commence the legal process to clear my name from the defamatory statements contained in the report and by extension the publications.” he added

 

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Rufai Oseni Row: NiDCOM Breaks Silence on Nigerians Detained in India, Addresses Ekene’s Case

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The Nigerians in Diaspora Commission (NiDCOM) has broken its silence on the controversy surrounding Nigerians detained in India, saying the Nigerian High Commission in the country has been actively attending to their cases.

The commission also addressed the case of Ekene, a Nigerian whose detention in India recently sparked a public exchange between broadcaster Rufai Oseni and NiDCOM Chairman/CEO, Abike Dabiri-Erewa, on X.

In a statement issued in Abuja on Sunday, NiDCOM said officials of the Nigerian High Commission in India had, as of September 1, visited 198 inmates across five prisons in Maharashtra, Mumbai.

RELATED NEWS: NiDCOM Chairman, Rufai Oseni Trade Words Over Nigerian Stranded in India

The commission said there were still more Nigerians in prisons in other provinces of India.

NiDCOM also disclosed that the Nigerian High Commission had secured amnesty for thousands of Nigerians detained in Indian prisons between September last year and May this year.

According to the commission, the amnesty mainly covered Nigerians detained for immigration offences and other irregularities.

“They have been released and returned home but some did not take advantage of the amnesty as at the time it was given,” the statement said.

NiDCOM added that Nigeria’s High Commissioner to India, Ambassador Bianca Ojukwu, had been engaging her Indian counterpart over another six-month amnesty for Nigerians who have no pending trials but remain in detention camps over various offences or immigration-related irregularities.

On Ekene’s case, the commission said the Nigerian High Commission in India would investigate his situation and determine whether he qualifies for an early release.

“In the case of the Mr Ekene being mentioned in India, the Nigerian High Commission in India would look into his matter and if he is one of those that can leave as soon as possible, he will, if his family can raise funds for him. But there are processes to be followed,” NiDCOM said.

The commission maintained that the Nigerian High Commission was already handling Ekene’s case alongside those of other Nigerians in similar circumstances.

It also said the diplomatic mission had been putting pressure on the Indian government to expedite the cases of Nigerians awaiting trial for various offences.

The development comes after Oseni accused NiDCOM of failing to act promptly after he forwarded information about Ekene’s situation to the commission.

Oseni had claimed that NiDCOM received his email on Monday but did not respond until 7:59am on Sunday, after he publicly raised the matter on X.

He accused the commission of inefficiency and questioned what could have happened to Ekene during the period he said his correspondence went unanswered.

Dabiri-Erewa subsequently responded that Oseni had been asked to send the relevant details to NiDCOM’s official email and that further updates would be provided through the commission’s official channels.

She also said she had blocked Oseni on X, describing the platform as having become “a very toxic space.”

Oseni later rejected her explanation, accusing the NiDCOM chairman of misrepresenting the timing of the commission’s response and challenging her to publish the timestamp of the email.

However, in its latest statement, NiDCOM sought to highlight the broader efforts of the Nigerian government and its diplomatic mission in India, including prison visits, previous amnesty arrangements and ongoing negotiations for another amnesty.

The commission urged Nigerians living irregularly in India to take advantage of any new amnesty once it is effected, warning that those who remain in the country illegally risk arrest.

Dabiri-Erewa also clarified that the amnesty would not cover Nigerians awaiting trial for criminal offences such as drug-related cases.

NiDCOM appealed to Nigerians living abroad to obey the laws of their host countries and avoid activities that could lead to their arrest or prosecution.

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BRICS 2026: Modi Seeks More Nigerian Crude as Shettima Meets Indian PM

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Vice President Kashim Shettima has held a meeting with Indian Prime Minister, Shri Narendra Modi, on the sidelines of the BRICS 2026 Summit in New Delhi, India, with both countries committing to significantly improve trade and economic cooperation across major sectors.

The development was contained in a statement issued on Sunday, by Stanley Nkwocha, Senior Special Assistant to the President on Media & Communications, Office of the Vice President.

The meeting focused on strengthening Nigeria-India relations and expanding cooperation in areas including oil, renewable energy, defence, power, capacity building, technology, health and clean energy.

SEE ALSO: ‘Nigeria Has Lost a Global Star’ — Shettima Mourns Bamanga Tukur

Prime Minister Modi specifically thanked Nigeria for protecting and peacefully hosting about 80,000 Indians living in Nigeria, while also making a case for renewed crude oil purchases from Nigeria.

Modi said increased crude oil purchases from Nigeria would help boost trade between the two countries, noting that bilateral trade had declined to about $9 billion annually, from approximately $14 billion in previous years.

The Indian Prime Minister’s call for renewed crude purchases formed part of broader discussions on strengthening economic ties between both countries.

In response, Vice President Shettima promised to look into the request, while emphasising the importance of strategic partnerships that are vital to Nigeria’s economic development.

Shettima particularly highlighted the pharmaceutical, defence, creative and digital technology sectors as areas where Nigeria seeks stronger partnerships and investment.

According to Shettima, President Bola Tinubu is keen on developing these industries to benefit millions of Nigerian youths through foreign investments and strategic partnerships.

The Vice President’s position underscores the Federal Government’s push to attract foreign investment and build partnerships that can expand opportunities for young Nigerians while strengthening key sectors of the economy.

The two countries also committed to drastically improving trade across major economic sectors, including oil, renewable energy, defence, power, capacity building, technology, health and clean energy.

 

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Two Arrested as Delta Police Uncover Cache of Illegal Weapons

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The Delta State Police Command has arrested two suspects in separate intelligence-led operations and recovered two pump-action guns, 18 live cartridges and other dangerous weapons in its continued efforts to curb violent crime and the proliferation of illegal firearms across the state.

The Police Public Relations Officer, Delta State Command, SP Bright Edafe, disclosed this in a statement issued on Sunday, in Asaba.

SEE MORE:Police Raid Criminal Hideouts, Rescue Kidnap Victims, Arrest Suspects in 8 States

According to the statement, operatives of the Violent Crime Response Unit (VCRU) and the Command Anti-Cult Unit (CACU) carried out the operations in separate locations across the state.

VCRU Arrests Suspect, Recovers Gun and 18 Cartridges

The statement said that on September 12, 2026, operatives of the VCRU, acting on credible intelligence, stormed a residence in Obiaruku after receiving information that the occupant was allegedly in possession of a firearm and ammunition.

The suspect, identified as 36-year-old Joel Iwomi, a male resident of Umuebu, Obiaruku, reportedly resisted the operatives’ attempt to gain access to the premises.

The operatives, however, succeeded in gaining entry and conducted a search of the residence.

During the search, the police recovered one pump-action gun and 18 live cartridges.
Iwomi was arrested and taken into custody, while investigation into the matter is ongoing.

CACU Arrests Suspected Arms Dealer, Recovers Weapons

In another intelligence-led operation conducted on September 9, 2026, operatives of the CACU arrested Chukwuka Nzete, also known as “Ododo,” a male resident of Isupe Community in Ndokwa West Local Government Area.

The suspect was allegedly involved in the illegal sale and proliferation of firearms.
The police also alleged that Nzete operated a shrine where suspected criminal elements were fortified.

A search of his residence resulted in the recovery of one pump-action gun, four dagger knives, one battle axe and pots containing substances suspected to be charms.

The suspect was subsequently taken into custody.

The command said investigation was ongoing to unravel the full extent of his activities and establish possible links between him and other criminal elements.

Police Warn Criminal Elements
The Commissioner of Police, Delta State Command, CP Samuel E. Erale, psc, mnips, reaffirmed the command’s resolve to deny criminal elements access to illicit firearms and other weapons capable of threatening public safety.

Erale also called on residents to remain vigilant and promptly provide credible information about suspicious persons, illegal firearms and criminal activities within their communities.

The Commissioner assured residents that all actionable information would be treated with the necessary confidentiality.

 

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