Emefiele’s Naira notes redesign under Buhari brought untold economic hardship to public
Emefiele’s Naira notes redesign under Buhari brought untold economic hardship to public
A Economic and Financial Crimes Commission, (EFCC), Chinelo Eneanya, on Thursday told a n Abuja high court, that former Central Bank of Nigeria Governor, Godwin Emefiele’s Naira notes redesign brought economic hardship to Nigerians.
Eneanya, an investigator with the EFCC was the seventh prosecution witness (PW7)in Emefiele ‘s trial on the redesign of naira notes of N1000, N500 and N200.
Being led in evidence by the prosecution counsel, Rotimi Oyedepo , SAN the witness told the court that from the video evidence tendered in court, the new naira notes redesign policy injured the public.
He said he was in court to give evidence on the investigation carried out in this case and their findings.
When asked whether the commission’s investigation covered the allegations in the case?, he said:we investigated the allegations that the conduct of the defendant caused injury to the people.
‘It has direct bearing on how or the effect of the naira redesign severely affected the public.
“We looked at the documentary, electronic and audio visual evidence of the effect of the naira redesign on the public.”
The Prosecution then tendered the documents, the audio- visual device and the certificate of identification in evidence.
Additionally, the certified copy of bundle of documents tagged delivery notes and notice of meeting was admitted.
Further, the bill of settlement in respect of the redesigned naira notes, 2022 and 2023 were tendered and marked as evidence.
The defendant’s counsel, Olulekun Ojo, SAN did not object to the tendering of the documents.
Six video (audio visual) evidence were played in the court, there are from News Central, Channel Television News, TVC News and Arise News .
When asked what was the commission’s findings on the video shown, the witness answered:”it showed that there were widespread frustration and difficulties from the public in meeting their daily needs and their businesses were equally affected.
” On the investigation conducted, we found that board members and committee of governors of CBN interviewed got to know about the approval of the president after, it was approved. “
The witness said in the cause of the investigation, the electronic evidence shown was to know whether there were any impact on the members of the public.
He added from the introduction of the new redesigned N1000, N500 and N200 notes by the CBN and to see the level of the hardship on the public.
” In the cause of the investigation, we set out to determine how the laws on change of policy on Naira redesign was applied or abused”.
Ojo, however, objected when the witness wanted to speak on the Supreme court ‘s judgment on naira redesign notes.
He said no witness can give evidence on a public document, he did not brought about.
Responding, Oyedepo said the video evidence, the party who tendered a document should be the only one to speak on it.
He added so that it does not amount to dumping it on the court. He cited authorities.
He said PW7 investigated the allegations and should not to be said to be hearsay. He cited authorities also.
” The witness has not given evidence to vary or alter the findings of the Supreme court. The objection is premature.”
Justice Maryann Anenih overruled the objection saying that the argument was about giving evidence on a document and dumping evidence on the court.
” The witness can go on and only give evidence which links to the document. “
Oyedepo asked the witness if the defendant was interviewed by EFCC, he said: “ yes”
He tendered in evidence the extra judicial statements made by Emefiele to EFCC.
Oyedepo asked whether the defendant in the cause of investigation was confronted with the question whether the Board or governors approved the redesign?
” He was confronted and he wrote in his statement that he did not.”
Ojo asked for an adjournment for cross-examination of PW7.
The prosecution did not object .
Justice Anenih granted the application for adjournment in the interest of justice until Nov. 26. (NAN)
News
Tinubu mourns Abubakar’s passing, the Imam who shielded over 200 Christians in his mosque during communal riot
Tinubu mourns Abubakar’s passing, the Imam who shielded over 200 Christians in his mosque during communal riot
President Bola Tinubu has expressed deep sorrow over the death of Imam Abdullahi Abubakar, Chief Imam of Nghar village, Barkin Ladi Local Government Area of Plateau, who passed away at 92.
This is contained in a statement issued by Presidential Spokesperson, Mr Bayo Onanuga, on Friday in Abuja.
The late cleric gained national and international recognition in 2018 for sheltering more than 200 Christians during communal violence in Plateau.
Tinubu described Abubakar as an extraordinary religious leader whose life exemplified faith, courage and a deep reverence for the sanctity of human life.
“At such a time when tribal and religious tendencies seemed to overwhelm reason, Imam Abubakar stood firmly on the side of peace, benevolence and conscience.
“Mindless of the enormous risk to his own life, the noble cleric chose humanity over division, love as opposed to hatred and embrace rather than rejection,” the President said.
He said the Imam’s actions embodied the true essence of faith and delivered a powerful message beyond sermons.
The President noted that the cleric’s uncommon bravery earned him local and international honours celebrating peaceful coexistence.
“I urge religious and community leaders to imbibe and preach the spirit of tolerance, mutual respect and peaceful togetherness as expounded in the life of Imam Abubakar,” Tinubu said.
He prayed that God grants the late Imam eternal rest and rewards him for his courage and good deeds. (NAN)
News
Govt. introduces solar installation, garment making, GSM repairs in jss curriculum
Govt. introduces solar installation, garment making, GSM repairs in jss curriculum
The Anambra Government has introduced 15 entrepreneurial subjects into the Junior Secondary School (JSS) curriculum to enhance students’ practical skills and foster an entrepreneurial mindset.
The News Agency of Nigeria (NAN) reports that the new subjects include solar installation, garment making, GSM repairs, agriculture and processing, plumbing, tiling, POP installation and event management.
Others are bakery, hairstyling, make-up, interior design, CCTV/intercom installation, digital literacy, information technology and robotics.
Prof. Nkechi Ikediugwu, Chairperson ,Post Primary Schools Service Commission (PPSSC), while speaking at the occasion in Awka on Friday, said the initiative was aimed at repositioning education to meet contemporary needs.
Ikediugwu noted that in a rapidly changing world, education should go beyond theory and examinations to equip students with practical skills, creativity, innovation and an entrepreneurial mindset.
“The goal of the programme is to prepare learners, not only to seek jobs but to create value, generate employment and contribute meaningfully to the economic development of the state,”she said.
Mr Cyril Nwuche of Nnamdi Azikiwe University, Awka, delivered a paper titled “Building Entrepreneurial Secondary Schools: Why Every School Needs an Entrepreneurship Club”.
Nwuche said the introduction of entrepreneurial subjects showed that the government was on the path to transforming the state’s economy.
“Traditional academic instruction alone is no longer sufficient to prepare children for the future.
“There is the need for schools to embrace practical and skill-based learning to enable students to thrive in a dynamic global environment, ” he said. (NAN)
News
Two men docked for allegedly defiling underaged girl
Two men docked for allegedly defiling underaged girl
The police in Lagos on Friday, charged two men before an Ikeja Chief Magistrates’ Court for allegedly defiling an 11- year-old girl.
The defendants are: Prince Tomnyie, 40, a businessman, who resides at Agege, and Micheal Adenuga, 24, a furniture maker, who resides at Atere Street in Lekki.
They are standing trial on charges of defilement, and had each pleaded not guilty to the charges.
The prosecutor, ASP Adegoke Ademigbuji told the court that they committed the offence sometimes in December 2024, and September 2025, at Langbasa Ajah and Igbara Lekki, Lagos .
The prosecutor alleged that the victim’s father, had taken his daughter for medical check and it was discovered that the minor had been defiled.
The prosecution alleged that the victim had told her father that his friend, Tomnyie, defiled her sometimes ago.
Ademigbuji alleged that the victim also mentioned the second defendant’s name who lives in their neigbourhood.
The offence contravenes the provisons of section 137 of the Criminal Law of Lagos, 2015.
The Chief Magistrate, Mr L. A Owolabi, granted the defendants bail in the sum of of N600,000 each, with two sureties each in like sum.
He adjourned the case until March 5, for mention. (NAN)
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