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More headaches for Emefiele as Presidency claims many CBN approvals didn’t have Buhari’s signatures
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The Presidency says many approvals for the release of funds within the Central Bank of Nigeria (CBN) under Godwin Emefiele did not have the signature of former President Muhammadu Buhari.
Speaking in an interview with media personality, Chude Jideonwo, aired on Channels Television on Monday night, the Special Adviser to President Bola Tinubu on Media and Publicity, Ajuri Ngelale, said the last administration has to take some responsibilities for some of the things that happened in the apex bank under Emefiele.
“President Bola Tinubu has come out several times in fairness to him (Buhari), to say, ‘Look, this is what happened under the previous administration’. I think we have to acknowledge the fact that he (Tinubu) understands more than anyone that many of the approvals within the CBN that brought us to this point has no signature to President Muhammadu Buhari and had no knowledge of President Muhammadu Buhari,” Ngelale said.
Ngelale said that while Buhari had achievements in other areas such as infrastructure and ease of doing business, his negligence in what was happening in the CBN brought the economy to where it is today.
He said that even though President Tinubu supported Buhari’s administration, he has not hesitated to disclose to Nigerians things that were not healthy to the economy that happened under his predecessor.
“We are not hiding behind the figure on this issue, I think I have been very clear that the prior administration does have to take responsibility for the fact that Governor Emefiele was left in office even though he was inherited and he was given a second term to continue doing what he ended up doing.
“That responsibility and that decision were made by President Muhammadu Buhari irrespective of the fact that President Buhari knew what was going on in the Central Bank of Nigeria. So, there is a responsibility to be taken there, I have to be very categorical about that.
“Now, that does not however mean that you throw the baby out with the bath water. We don’t say because these thing happened in the Central Bank of Nigeria President Buhari was devoid of achievement or devoid of progressive administration.
“Having infrastructure matters, working on ease of doing business, making sure that people can register a company in 48 hours as against six months before they came into office, these things actually have impacts with the responsibility attracting investments into the country.”
Ngelale cited the $6.2m that was said to have released in cash by the CBN allegedly for the purpose of taking care of foreign election observers as one of those approvals that had Buhari’s signature which turned out to have been allegedly forged.
Emefiele was first appointed as CBN governor by President Goodluck Jonathan but was retained by Buhari who renewed his tenure at the apex bank.
He was removed last June and is standing trial before Justice Muazu on 20-count amended charges bordering on corrupt advantages, conspiracy, criminal breach of trust, forgery and obtaining by false pretenses to the tune of $6,230,000.
He was accused of impersonating a former Secretary General of the Federation (SGF), Boss Mustapha, to illegally obtain the sum.
Mid-February, ex-SGF Mustapha testified before the court and said he knew nothing about the transaction up till the time he left office at the end of May 2023, adding that having served for five years and seven months, the document in contention didn’t emanate from the office of the then President Buhari.
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Ambassador Omokri Amid Rejection Rumours Says World Cup Cause of his delayed resumption
Nigeria’s Ambassador-designate to Mexico, Reno Omokri, has dismissed claims that the Mexican government rejected his diplomatic appointment, attributing his delayed resumption instead to the ongoing FIFA World Cup being co-hosted by Mexico and the United States.
Speaking during an interview on Channels Television’s Politics Today last Monday, the former presidential aide said the delay was due to logistical and diplomatic considerations linked to the global football tournament, stressing that he was not the only Nigerian envoy yet to assume duty. Omokri said reports suggesting that Mexico had declined to accept him as Nigeria’s ambassador were false and were being promoted by political opponents.
“Mexico has not rejected me. Not at all,” he said.Politics He explained that the Mexican government is currently focused on hosting the World Cup alongside the United States, leaving little room to process the arrival of new diplomats. “You should understand that Mexico is right now hosting the World Cup, along with the United States of America, and all of their focus is on that,” Omokri stated.
According to him, several Nigerian ambassadors-designate are also yet to resume at their respective postings for similar reasons.Executive Branch “Most of us ambassadors have not resumed. So, I’m not the only one. A lot of my colleagues are in my situation, but it’s okay. These things happen,” he said. The ambassador-designate also accused members of the opposition of spreading misleading narratives about his appointment, insisting that such claims have no basis in reality. “The opposition will always say things like I have been rejected. We do not work on the basis of the opposition. We work on the basis of reality,” he said.
Omokri expressed confidence that Nigeria continues to enjoy cordial diplomatic relations with countries around the world and maintained that host nations would receive Nigerian envoys in due course. “The reality of it is that we have countries in the world that respect Nigeria, and they’re going to be taking Nigeria’s envoys,” he added.
News
Sad: Young Nigerian reportedly trafficked for commercial s*x dies after rescue
A young Nigerian girl who was trafficked to Cotonou, Benin Republice for prostitution has d!ed.
Sewuese passed away on Friday, July 24, 2026 in Benue State after she was brought home.
Activist, Zege Orkwande, who has been facilitating the rescue of trafficked Benue girls said investigation is ongoing and those who trafficked her will face the full wrath of law.
“People are asking “who took Sewuese to Cotonou”. Trust my process,” he wrote.
“The people that trafficked/smuggled her to Cotonou for prostitution will sure face the law and serve in prison uniform.
“All information gathered. I’m waiting for her to be buried first. REST WELL.”
News
ICPC investigates Permanent Secretary over delayed Tinubu’s approved agency funds
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has launched a probe into the alleged withholding of operational funds approved by President Bola Tinubu for six federal information agencies by the Permanent Secretary of the Federal Ministry of Information and National Orientation.
The investigation follows reports by Premium Times alleging that the Permanent Secretary failed to process payment files for the Nigerian Television Authority (NTA), Federal Radio Corporation of Nigeria (FRCN), Voice of Nigeria (VON), News Agency of Nigeria (NAN), National Orientation Agency (NOA), and National Broadcasting Commission (NBC), despite presidential approval. The delay reportedly affected the operations of the agencies, with sources alleging that Mrs. Ukaire insisted that agency heads make detailed presentations on their projects and financial utilisation before the payments could be processed.
Agency heads and civil service experts reportedly argued that the demand contravened established procedures.
They cited a circular from the Secretary to the Government of the Federation (SGF), which directs supervising ministries not to interfere in the financial administration of parastatals, noting that the agencies are accountable to their governing boards and supervising ministers rather than the Permanent Secretary for routine operational releases.
In response to the allegations, the ICPC invited Mrs. Ukaire and the heads of the affected agencies for questioning to determine the circumstances surrounding the delayed funds. Although those invited were questioned, no one was detained, and the investigation remains ongoing.
Following the report and the ICPC’s intervention, Mrs. Ukaire reportedly approved the payment files and forwarded them for disbursement. Heads of the affected agencies confirmed that the documents have now been transmitted and are awaiting final release into their respective accounts, bringing relief after months of uncertainty.
Source: Rewritten from a report by Premium Times without altering the original facts.
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