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PoliticsPeter Obi Left More Debt For Anambra Than Any Governor Before Him -Reno by Giftimoni(op): 1:19pm On Jun 11, 2025
Peter Obi's claim during a recent interview that he left $150 million and ₦36 billion in the coffers of Anambra State is dishonest, fallacious, misleading and typical Obi doublespeak.

The truth is that Peter Obi is a manipulator and economic terrorist who knew what he was doing when he made that inaccurate statement.

Please fact-check me: Peter Obi actually left a debt of ₦127 billion that was due IMMEDIATELY after his successor, Governor Willie Obiano, took office. This debt mainly consisted of unpaid monies owed to contractors engaged by the Peter Obi administration.

More of the debt came from approvals Peter Obi made as he was about to leave office. He deliberately timed these contract approvals to be due when he handed over to Mr. Obiano, so he could claim that he left money and Governor Obiano squandered it.

In his last days in office, Mr. Obi was accused by his successor of employing thousands of new staff for the Anambra State Government at the last minute, without making provision for their salaries. When Mr. Obiano took over, these workers' wages became due.

If you take into account the value of the Naira in 2014, when Peter Obi handed over to Governor Willie Obiano, which was approximately ₦150 to $1, the ₦127 billion debt that Mr. Peter Obi left behind was worth around $847 million, far outstripping the so-called money he claimed to have left behind.

Also, the money Mr. Obi claimed to have left behind was not all in cash. Much of it was in supposed assets, which were overvalued by Mr. Peter Obi. When the new Obiano government surveyed the quantity, it found it to be grossly exaggerated, with some even being liabilities.

For example, Peter Obi invested $12,616,356.43 of Anambra State funds in Intafact Beverages Limited. He claimed that this was part of the assets he left behind. But in actual fact, that brewery became a loss-making business, and the shares held by the Anambra State Government depreciated to about $5.4 million.

Additionally, much of the actual cash Peter Obi left behind was in Fidelity Bank, where he was one of the largest shareholders and a former Chairman.

Peter Obi placed an amount equivalent to $20 million in a Fidelity Bank account with account number 5030047097. This money was earning interest for Fidelity Bank, interest that was partly going into his personal pocket. If I am lying, let Peter Obi sue me. I have all the facts.

Considering this, Peter Obi's claim that he left money behind for the Anambra State Government is not only false but also almost criminal when you consider that from 1999 to 2023, Peter Obi was the ONLY Anambra State Governor under whom poverty increased.

Please fact-check me: All the other Governors before him and the Governor immediately after him reduced poverty. But Peter Obi increased poverty in Anambra from 41.4% to 53.7%, while purporting to leave money in a bank where he held significant shares.

It is believed that the reason Peter Obi did not build a single nursery, primary, or secondary school and university (which is partly responsible for why poverty increased under his watch) is because he wanted Anambra State Government funds to sit in Fidelity Bank, rather than to be used for poverty reduction.

Reno Omokri


https://www.youtube.com/watch?v=38WGsRm3Uq4

PoliticsRe: Wike Shows Off Special Dance Steps At Commissioning Of ICC Abuja by Giftimoni(op): 8:54am On Jun 11, 2025
Good observation
flokii:
I think I get your drift.. well, I'd say it's politicians that love to go that route and no section of the constitution says they can't do such.
However, looking at the cost aspect, with increase in prices of building materials, cement, marble and all those finishings used, do you think they could have done it for less?
PoliticsWike Shows Off Special Dance Steps At Commissioning Of ICC Abuja by Giftimoni(op): 7:57pm On Jun 10, 2025

https://www.youtube.com/watch?v=fUEGmGXMPqM


Wike shows off dancing skill at the commissioning of the newly rehabilitated International Conference Centre, Abuja

PoliticsRe: Abuja International Conference Centre Renamed After Tinubu (PHOTO) by Giftimoni: 4:57pm On Jun 10, 2025
PoliticsNo Sane Nigerian Will Support Power Returning To The North In 2027 - Alancha by Giftimoni(op): 4:15pm On Jun 10, 2025

https://www.youtube.com/watch?v=z6Uc86zMTn8

A Public Affairs Analyst, Dominic Alancha has said no sane Nigerian will support a situation where power returns to the North

The crisis in the PDP stems from the post-primary election that produced Atiku as the party’s flag-bearer.

PoliticsRe: I’ll Leave PDP If I Choose To Work For Tinubu -Sowunmi by Giftimoni(op): 5:14am On Jun 10, 2025
Okay o
Giftimoni:

https://www.youtube.com/watch?v=wiQNxrll6u0

A chieftain of the People’s Democratic Party (PDP) and ally of former vice president Atiku Abubakar, Segun Sowunmi, has said he would not hesitate to leave the opposition party if he chose to support President Bola Tinubu.

Sowunmi made the statement during an interview on Channels Television on Monday night, in reaction to questions surrounding his recent meeting with Tinubu at the Presidential Villa.

“I will leave the PDP if I want to work for Tinubu,” Sowunmi said. “I am not a political captive.”

His comments come amid growing tensions within the PDP, as former presidential candidate Atiku Abubakar intensifies efforts to lead an opposition coalition against Tinubu’s re-election in 2027.

Sowunmi, however, played down any allegiance to Atiku’s current political mobilisation, stating flatly: “Is he running for president now? He is running a coalition that everybody knows I am not part of.”
PoliticsI’ll Leave PDP If I Choose To Work For Tinubu -Sowunmi by Giftimoni(op): 5:13am On Jun 10, 2025

https://www.youtube.com/watch?v=wiQNxrll6u0

A chieftain of the People’s Democratic Party (PDP) and ally of former vice president Atiku Abubakar, Segun Sowunmi, has said he would not hesitate to leave the opposition party if he chose to support President Bola Tinubu.

Sowunmi made the statement during an interview on Channels Television on Monday night, in reaction to questions surrounding his recent meeting with Tinubu at the Presidential Villa.

“I will leave the PDP if I want to work for Tinubu,” Sowunmi said. “I am not a political captive.”

His comments come amid growing tensions within the PDP, as former presidential candidate Atiku Abubakar intensifies efforts to lead an opposition coalition against Tinubu’s re-election in 2027.

[b]Sowunmi, however, played down any allegiance to Atiku’s current political mobilisation, stating flatly: “Is he running for president now? He is running a coalition that everybody knows I am not part [/b]of.”

PoliticsRe: Labour Party Crisis Instigated And Sustained By The APC - Obi (video) by Giftimoni(op): 4:15pm On Jun 09, 2025
Really?
Giftimoni:

https://www.youtube.com/watch?v=38WGsRm3Uq4

We now live in a country of propaganda and lies, where a party Chairman refers to a governor in his party as a dwarf, with dwarf ideas. The allegations that I cannot be a good leader for Nigeria because of the crisis in the Labour Party fall flat. I have run successful businesses, been a governor and have shown no weakness. Humility, patience and tolerance are not weaknesses but virtues

Peter Obi, 2023 Labour Party
PoliticsLabour Party Crisis Instigated And Sustained By The APC - Obi (video) by Giftimoni(op): 4:14pm On Jun 09, 2025

https://www.youtube.com/watch?v=38WGsRm3Uq4

We now live in a country of propaganda and lies, where a party Chairman refers to a governor in his party as a dwarf, with dwarf ideas. The allegations that I cannot be a good leader for Nigeria because of the crisis in the Labour Party fall flat. I have run successful businesses, been a governor and have shown no weakness. Humility, patience and tolerance are not weaknesses but virtues

Peter Obi, 2023 Labour Party

PoliticsRe: Nothing Wrong With Fuel Subsidy Removal - Peter Obi Admits (video) by Giftimoni(op): 2:54pm On Jun 09, 2025
Lol
fuckingAyaya:
since Buhari left office u don't type anymore just smiley emojis, wetin xup? Your eyes don see ur ear
PoliticsRe: Nothing Wrong With Fuel Subsidy Removal - Peter Obi Admits (video) by Giftimoni(op): 1:18pm On Jun 09, 2025
Hmmmm
Giftimoni:

https://www.youtube.com/watch?v=38WGsRm3Uq4

Peter Obi, 2023 Labour Party Presidential Candidate, has said nothing wrong with fuel subsidy removal, but haphazard implementation is the issue.

"I've consistently maintained that I would have removed fuel subsidy. As outlined in my manifesto, I would have implemented subsidy removal in a structured and organised manner. However, the savings from subsidy removal from the Tinubu administration are not being reflected in critical areas of human development, such as education, health, and poverty alleviation.

Peter Obi insisted that fuel subsidy removal was necessary but said Tinubu’s execution was haphazard and failed to benefit critical sectors.
PoliticsNothing Wrong With Fuel Subsidy Removal - Peter Obi Admits (video) by Giftimoni(op): 1:18pm On Jun 09, 2025

https://www.youtube.com/watch?v=38WGsRm3Uq4

Peter Obi, 2023 Labour Party Presidential Candidate, has said nothing wrong with fuel subsidy removal, but haphazard implementation is the issue.

"I've consistently maintained that I would have removed fuel subsidy. As outlined in my manifesto, I would have implemented subsidy removal in a structured and organised manner. However, the savings from subsidy removal from the Tinubu administration are not being reflected in critical areas of human development, such as education, health, and poverty alleviation.

Peter Obi insisted that fuel subsidy removal was necessary but said Tinubu’s execution was haphazard and failed to benefit critical sectors.

PoliticsRe: Benue: Name Politicians Behind Killings, Stop Blame Game – PDP Challenges Alia by Giftimoni: 7:25am On Jun 08, 2025
PoliticsRe: Benue Governor Accuses Lawmakers, Politicians Of Sponsoring Attacks (Video) by Giftimoni(op): 6:22am On Jun 08, 2025
Hmmm
Giftimoni:

https://www.youtube.com/watch?v=TkqP4IFdDho

Benue State governor, Hyacinth Alia, has accused unnamed politicians and some serving members of the National Assembly of orchestrating the violent attacks ravaging the state.

Alia said the interim findings of a judicial panel set up by his administration suggest political actors are behind the escalating insecurity.

Since the start of the year, Benue has witnessed a spike in violence, with hundreds reportedly killed across several communities in attacks often blamed on bandits and suspected herders.

“We set up a judicial panel to sort out for us why we kept having attacks from within and from without, and we have received an interim report,” the governor said.

“Between Tuesday and Wednesday next week, I am going to get a full report from the panel.”
PoliticsBenue Governor Accuses Lawmakers, Politicians Of Sponsoring Attacks (Video) by Giftimoni(op): 6:22am On Jun 08, 2025

https://www.youtube.com/watch?v=TkqP4IFdDho

Benue State governor, Hyacinth Alia, has accused unnamed politicians and some serving members of the National Assembly of orchestrating the violent attacks ravaging the state.

Alia said the interim findings of a judicial panel set up by his administration suggest political actors are behind the escalating insecurity.

Since the start of the year, Benue has witnessed a spike in violence, with hundreds reportedly killed across several communities in attacks often blamed on bandits and suspected herders.

“We set up a judicial panel to sort out for us why we kept having attacks from within and from without, and we have received an interim report,” the governor said.

“Between Tuesday and Wednesday next week, I am going to get a full report from the panel.”

PoliticsRe: You Should Be Doing Animal Documentaries Not Journalism- Lere Blasts Rufai Oseni by Giftimoni(op): 9:59am On Jun 07, 2025
Giftimoni:

https://www.youtube.com/watch?v=NwRd5b-A8sg

The moment Nyesom Wike’s media aide, Lere Olayinka clashed with broadcaster, Rufai Oseni during program on live TV
PoliticsRe: Video Of All Governors Present In A'ibom During Eno's Defection To APC by Giftimoni(op): 9:59am On Jun 07, 2025
Lol
yyba:
As e dey sweet us e dey pain Dem as e dey pain Dem e dey sweet us grin
PoliticsYou Should Be Doing Animal Documentaries Not Journalism- Lere Blasts Rufai Oseni by Giftimoni(op): 7:13am On Jun 07, 2025

https://www.youtube.com/watch?v=NwRd5b-A8sg

The moment Nyesom Wike’s media aide, Lere Olayinka clashed with broadcaster, Rufai Oseni during program on live TV

PoliticsRe: Abati And His Wife Visited Wike To Beg For Bailout From Dasuki’s Loot - Lere by Giftimoni: 7:08am On Jun 07, 2025
PoliticsVideo Of All Governors Present In A'ibom During Eno's Defection To APC by Giftimoni(op): 5:34am On Jun 07, 2025

https://www.youtube.com/watch?v=Oq5QUlDvNBM

Governor Umo Eno of Akwa Ibom State has officially announced his defection from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC).

Speaking on Friday in Uyo, the state capital, Eno said the decision followed three months of extensive consultations with key political stakeholders across the state.

“For some time now, the political space—particularly in this state and across the nation—has been filled with speculation about my potential defection from the PDP, the platform that facilitated my rise to the position of governor,” he stated.
PoliticsEconomy Not Working, Afenifere Defended Low Rating of Tinubu's 2 Years (Video) by Giftimoni(op): 6:33am On Jun 05, 2025

https://www.youtube.com/watch?v=xgP5KUyin8w

The apex Yoruba sociocultural organisation, Afenifere has scored President Bola Tinubu low in its assessment of the President’s performance in the last 24 months.

The group said that rather addressing the country’s challenges, the President is fixated about winning second term election in 2027.

Afenifere insisted that every human development and sociopolitical index have regressed since president Tinubu assumed office two years ago, turning the promise of renewed hope to a nightmare of regressing hopelessness and despair.
PoliticsRe: Wike Wanting Tinubu To Consult Him On Rivers Matter Is Disrespectful -Abati by Giftimoni(op): 6:03pm On Jun 04, 2025
Lol
Exceed15:
U sef dey attack urself
PoliticsRe: I Know Tinubu As A Politician Who Always Knows His Way - Sowore by Giftimoni: 4:39pm On Jun 04, 2025
BlessedGift:

https://www.youtube.com/watch?v=6o2WlXmodtg

Former Presidential Candidate of the African Action Congress (AAC), Omoyele Sowore, speaking on President Bola Tinubu's performance so far has said "The Nigerian people are worse than they were a few months ago."

"I don't know him well enough to know that he is competent. I know him as a politician who knows his way around manipulating people," he claims.

Planned Coalition Will Him Return Ticket
PoliticsRe: Wike Wanting Tinubu To Consult Him On Rivers Matter Is Disrespectful -Abati by Giftimoni(op): 1:24pm On Jun 04, 2025
Hmmm
Justnation:
I see wike disappointing tinubu very soon.
Wike is unreliable, he is a games man strategically keeping foot in PDP so that he can easily mend fences and reintegrate into the fold ones he starts roforofo fight with tinubu.
Take it to the bank, tinubu's recent rapport with fugbara is annoying wike and he is plotting and waiting for the right time to strike and spoil things for tinubu as he did to Atiku
PoliticsWike Wanting Tinubu To Consult Him On Rivers Matter Is Disrespectful -Abati by Giftimoni(op): 8:32am On Jun 04, 2025

https://www.youtube.com/watch?v=5cpfbz5TIm8

Media personnel and morning show Anchor, Reuben Abati has lashed out on the FCT Minister, Nyesom Wike on some comments made during his latest Media Chat.

PoliticsI Am An Asset To Tinubu’s Government, Will Lead His Reelection Bid -Wike by Giftimoni(op): 8:37am On Jun 03, 2025

https://www.youtube.com/watch?v=yEAbQwwbDbU


Minister of the FCT, NyesomWike, has declared himself as an asset and not a liability to President Bola Tinubu, saying he would support the president’s second term bid in 2027.

He, however, boasted that no one in the opposition Peoples Democratic Party (PDP), had the guts to tell him he was not a member of the party, just as he accused a former deputy national chairman of the party, Chief Olabode George, of owing ground rent in Abuja.

In a related development, the All Progressives Congress (APC), has said the trio of former Vice-President AtikuAbubakar, a former governor of Kaduna State, MallamNasir El-Rufai, and a former Minister of Transportation, Hon. RotimiAmaechi were only united in desperation to grab power for self-aggrandizement.

At the same time, a former governor of Bayelsa State, Siraake Dickson, has warned Nigerians to be beware of those that conspired against former Goodluck Jonathan as their conspiracies have yet to change Nigeria and Nigerians.

PoliticsHow PDP Came To Beg And Why I Can't Pay Ground Rent For Them -Wike Explains by Giftimoni(op): 9:49pm On Jun 02, 2025

https://www.youtube.com/watch?v=yaLyU21XtK4

But while speaking during a live interview with select journalists on Monday, the minister said though neither he nor George could pay the debt because it was not in their names, the BoT member was also indebted to the Federal Capital Territory Administration.

CelebritiesRe: Honour Our Invite Or Face Further Action, NAPTIP Tells Speed Darlington by Giftimoni(op): 6:30pm On May 31, 2025
Hmmm
Giftimoni:
The National Agency for the Prohibition of Trafficking in Persons said it is considering ‘further actions’ following a summons letter sent to Nigerian entertainer, Darlington Okoye, known as Speed Darlington, to appear at its headquarters in Abuja on Friday for questioning.

Darlington set social media ablaze on Tuesday after claiming he had once slept with a 15-year-old virgin.

Head of the Cybercrime Response Team, Ngamaraju Mangzha, in a letter to the entertainer on Wednesday, requested that the singer appear at NAPTIP’s Wuse Zone 5 office at 9:00 am on Friday.

However, the agency said it will take ‘further actions’ if the entertainer fails to appear for the investigation.

“Mr. Darlington Okoye (AKA Speed Darlington) is urged to respond to the official invitation issued on May 28, 2025, regarding a viral video and others in which he admitted to sexually abusing a minor. Failure to respond may lead to further action,” NAPTIP wrote in a post on X on Thursday after sharing a copy of the summons letter.

Meanwhile reactions have trailed the National Agency for the Prohibition of Trafficking in Persons (NAPTIP)'s invitation of singer, Darlington Okoye, popularly known as Speed Darlington Akpi, for questioning over alleged raped of a minor in a hotel in Lagos.

The invitation followed a formal notification to the agency by the Lagos State government on the alleged crime by the singer.

https://www.youtube.com/watch?v=AXtxFhKDI4M
CelebritiesHonour Our Invite Or Face Further Action, NAPTIP Tells Speed Darlington by Giftimoni(op): 6:30pm On May 31, 2025
The National Agency for the Prohibition of Trafficking in Persons said it is considering ‘further actions’ following a summons letter sent to Nigerian entertainer, Darlington Okoye, known as Speed Darlington, to appear at its headquarters in Abuja on Friday for questioning.

Darlington set social media ablaze on Tuesday after claiming he had once slept with a 15-year-old virgin.

Head of the Cybercrime Response Team, Ngamaraju Mangzha, in a letter to the entertainer on Wednesday, requested that the singer appear at NAPTIP’s Wuse Zone 5 office at 9:00 am on Friday.

However, the agency said it will take ‘further actions’ if the entertainer fails to appear for the investigation.

“Mr. Darlington Okoye (AKA Speed Darlington) is urged to respond to the official invitation issued on May 28, 2025, regarding a viral video and others in which he admitted to sexually abusing a minor. Failure to respond may lead to further action,” NAPTIP wrote in a post on X on Thursday after sharing a copy of the summons letter.

Meanwhile reactions have trailed the National Agency for the Prohibition of Trafficking in Persons (NAPTIP)'s invitation of singer, Darlington Okoye, popularly known as Speed Darlington Akpi, for questioning over alleged raped of a minor in a hotel in Lagos.

The invitation followed a formal notification to the agency by the Lagos State government on the alleged crime by the singer.

https://www.youtube.com/watch?v=AXtxFhKDI4M

PoliticsRe: Nigerians Have Short Memory, Says Onanuga, Defending Tinubu’s Reforms by Giftimoni: 12:23pm On May 31, 2025
Lol

https://www.youtube.com/watch?v=b_WOUg5_z5Y


OkayDaddy:
This one has a mental problem. He's always the one causing media problems for his principal.
PoliticsRe: EFCC Charges Ex-cbn Governor Emefiele With Property Fraud by Giftimoni(op): 11:48am On May 31, 2025
Hmmmm

Giftimoni:
The Economic and Financial Crimes Commission (EFCC) has filed fresh criminal charges against former Central Bank of Nigeria (CBN) Governor Godwin Emefiele.

In the eight-count charge submitted at the Federal Capital Territory High Court in Abuja, EFCC accused Emefiele of acquiring an estate comprising 753 housing units in Lokogoma District, Abuja.

According to the commission, the estate sits on Plot 109, Cadastral Zone C09, and spans over 150,000 square meters.

EFCC said Emefiele, in collaboration with Eric Ocheme, who is currently at large, purchased the estate in August 2021.

Without naming the supposed original owner, the commission had earlier secured a court order to seize the entire estate. The property has since been handed over to the federal government.

Billions allegedly stashed in proxy accounts over the years

In addition to the estate acquisition, the anti-graft agency alleged that Emefiele kept billions of naira in proxy accounts.

Between 2019 and 2022, EFCC traced a total of over N6 billion to various accounts allegedly controlled by Emefiele and Ocheme.

These include Zenith Bank accounts under the names of Kelvito Integrated Services and Ifedigo Integrated Services.

The EFCC said that Emefiele stashed N1.23 billion in one account in 2020 and another N2.95 billion in 2021.

In 2022, he and his co-conspirator allegedly held N1.98 billion in the same account. Additionally, N900 million and N600 million were kept in other accounts reasonably suspected to contain funds obtained through fraudulent means.

More charges and ongoing trials raise Emefiele’s legal woes

Emefiele’s legal troubles have grown since his arrest in June 2023 following his removal from office by President Bola Tinubu.

He is currently facing multiple corruption-related charges in both Lagos and Abuja. These include criminal conspiracy, breach of trust, and unauthorized foreign exchange transactions totaling $2 billion.

In the latest charge, EFCC accuses him of forging a legal document titled “Irrevocable Power of Attorney” in 2021 to misrepresent business dealings between MG Properties Limited and H and Y Business Global Limited.

Prosecutors claim this action violates several sections of Nigeria’s Penal Code.

The EFCC has called 24 witnesses to testify about Emefiele’s involvement in the estate acquisition.

The witnesses are expected to tender documents showing the former CBN chief’s role in developing the seized property.
https://inquirer.ng/2025/05/31/efcc-charges-ex-cbn-governor-emefiele-with-property-fraud/
Recall that the Minister of Housing and Urban Development, Ahmed Dangiwa, and the Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, have jointly inspected a confiscated estate comprising 753 housing units, previously owned by former CBN Governor, Godwin Emefiele.

During the inspection Dangiwa said the ministry would begin technical assessments, including integrity tests on the buildings. He added that once cleared, the housing units will be completed and made available for purchase by Nigerians through the already-active Renewed Hope Housing Portal.


https://www.youtube.com/watch?v=GfjP3wHbp4A
PoliticsEFCC Charges Ex-cbn Governor Emefiele With Property Fraud by Giftimoni(op): 11:46am On May 31, 2025
The Economic and Financial Crimes Commission (EFCC) has filed fresh criminal charges against former Central Bank of Nigeria (CBN) Governor Godwin Emefiele.

In the eight-count charge submitted at the Federal Capital Territory High Court in Abuja, EFCC accused Emefiele of acquiring an estate comprising 753 housing units in Lokogoma District, Abuja.

According to the commission, the estate sits on Plot 109, Cadastral Zone C09, and spans over 150,000 square meters.

EFCC said Emefiele, in collaboration with Eric Ocheme, who is currently at large, purchased the estate in August 2021.

Without naming the supposed original owner, the commission had earlier secured a court order to seize the entire estate. The property has since been handed over to the federal government.

Billions allegedly stashed in proxy accounts over the years

In addition to the estate acquisition, the anti-graft agency alleged that Emefiele kept billions of naira in proxy accounts.

Between 2019 and 2022, EFCC traced a total of over N6 billion to various accounts allegedly controlled by Emefiele and Ocheme.

These include Zenith Bank accounts under the names of Kelvito Integrated Services and Ifedigo Integrated Services.

The EFCC said that Emefiele stashed N1.23 billion in one account in 2020 and another N2.95 billion in 2021.

In 2022, he and his co-conspirator allegedly held N1.98 billion in the same account. Additionally, N900 million and N600 million were kept in other accounts reasonably suspected to contain funds obtained through fraudulent means.

More charges and ongoing trials raise Emefiele’s legal woes

Emefiele’s legal troubles have grown since his arrest in June 2023 following his removal from office by President Bola Tinubu.

He is currently facing multiple corruption-related charges in both Lagos and Abuja. These include criminal conspiracy, breach of trust, and unauthorized foreign exchange transactions totaling $2 billion.

In the latest charge, EFCC accuses him of forging a legal document titled “Irrevocable Power of Attorney” in 2021 to misrepresent business dealings between MG Properties Limited and H and Y Business Global Limited.

Prosecutors claim this action violates several sections of Nigeria’s Penal Code.

The EFCC has called 24 witnesses to testify about Emefiele’s involvement in the estate acquisition.

The witnesses are expected to tender documents showing the former CBN chief’s role in developing the seized property.
https://inquirer.ng/2025/05/31/efcc-charges-ex-cbn-governor-emefiele-with-property-fraud/

Recall that the Minister of Housing and Urban Development, Ahmed Dangiwa, and the Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, have jointly inspected a confiscated estate comprising 753 housing units, previously owned by former CBN Governor, Godwin Emefiele.

During the inspection Dangiwa said the ministry would begin technical assessments, including integrity tests on the buildings. He added that once cleared, the housing units will be completed and made available for purchase by Nigerians through the already-active Renewed Hope Housing Portal.


https://www.youtube.com/watch?v=GfjP3wHbp4A

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