₦airaland Forum

BREAKING: Massive Recovery Shakes Nigeria 🇳🇬

Reports claim former CBN Governor, Godwin Emefiele, has returned ₦4 TRILLION to the Federal Government — funds allegedly linked to his tenure.

Sources also allege he relinquished ownership of six banks tied to him.

That’s not all:

▪️ Former CBN Deputy Governor, Tunde Lemo reportedly refunded $500 MILLION
▪️ $275 MILLION allegedly traced to an account linked to a 6-year-old son of a former presidential aide
▪️ An additional ₦1.5 TRILLION connected to the same network

The probe, led by Jim Obazee, is said to have uncovered over ₦12 TRILLION so far — potentially one of the largest financial crackdowns in Nigeria’s history.

⚠️ Note: These claims are not yet independently verified.

If confirmed, this could redefine Nigeria’s anti-corruption fight.

— @ishaqsamaila5

He should also relinquish ownership ownership of that big bible he's carrying up and down. God seems to be truly lenient

The 2026 budget of Lagos State stands at ₦4.444 trillion, the highest of any state in Nigeria. Now, a single individual has returned ₦4 trillion out of what he had stolen. For those who struggle to grasp the magnitude of that figure, it is nearly equivalent to the entire 2026 budget of Lagos State.

That amount alone could cover the salaries of all Lagos State workers for a full year, fund extensive road construction, and support numerous developmental projects across the state, along with every other financial obligation, legitimate or otherwise. That is what the man below just returned out of what he stole.

Richtaiwo:
The 2026 budget of Lagos State stands at ₦4.444 trillion, the highest of any state in Nigeria. Now, a single individual has returned ₦4 trillion out of what he had stolen. For those who struggle to grasp the magnitude of that figure, it is nearly equivalent to the entire 2026 budget of Lagos State.

That amount alone could cover the salaries of all Lagos State workers for a full year, fund extensive road construction, and support numerous developmental projects across the state, along with every other financial obligation, legitimate or otherwise. That is what the man below just returned out of what he stole.

We warned Nigerians about you APC thieves. tinubu government will be the biggest looter ever.

Tenses:
We warned Nigerians about you APC thieves. tinubu government will be the biggest looter ever.

Mynd44 seun Nlfpmod, nairaland bot is selective. Just imagine it was me that quoted and said to him "you obedient thieves". My account would have been suspended by now and the comment hidden.

1 man alone returning 4 trillion naira. Imagine. He stole far more than that. Buhari empowered a lot of these brazen thieves. A search light should be beamed on that recharge card seller that now owns a private jet, the thief, Tunde Buhari or whatever it is he calls himself. These people stole Nigeria blind.

That whole lot of money 💰💰💰💰 now.

Yet FG is borrowing average of N1.1T a month. Ride on broda Yekini.

That’s 200 Million Naira in 20,000 places

That’s enough to empower the entire 1.5 million youths in his state with 2.6 million naira each.

Doing that alone will make him a god, will be worshipped by millions of Nigerians. Enough PR to get him presidency.

People that stole these much should be subjected to compulsory mental evaluations. What on earth would make you stole these much if you're sane?

How can one man steal so much yet have 4 trillion and 500 million dollars to refund…..this is just one man, thats what all of them are doing..

Later they will tell u Nigeria cant pay any type of subsidy for the common man but can build mansions of 8billion naira for each judge….

These are the same pple telling us they want more tax to do more…. lol

Emefile remains the biggest rogue to ever occupy the CBN .

KenghisKhan:
People that stole these much should be subjected to compulsory mental evaluations. What on earth would make you stole these much if you're sane?

Mental evaluation?? lol…. Thats because u think embezzlement is wrong among this pple…

Embezzlement is a normal language in the political space of Nigeria… they are all doing it….. If u are not doing it, u are the one that needs mental evaluation

In Nigeria, embezzlement is an unspoken law, an established code, an unwritten legal part of the constitution, it is the only constant… every other thing is a variable…

All these funny trial for them to refund 20% of what they stole…. Dont let Nigerian govt officials fool you…. All na we we…. Them be the same

DomPerignon:
Emefile remains the biggest rogue to ever occupy the CBN .

Baba…. let this tenure end….u go hear shocker
In emefiele’s time…. Shebi Govt was still paying fuel and currency subsidy from the purse they stole from…

U don ever see where previous govt worse pass latest govt for Nigeria….

Baba … all these pple steal pass abacha…. Yet we never recover half of Abacha loot

It appears even Allison Maduekwe's theft is benign in comparison! Nawa o...

Even state governor or president no steal rich like this, wetin be this

4 trillion naira...


Only one person's loot?


Imagine how many schools, health care facilities and other crucial infrastructure 4 trillion would build for the common good of all.


What does one person need all that money for?


Corrupt politicians should be executed just like is done in China.


You can't keep stealing money you don't need... just because you can!

Unfortunately...he looted it for the criminals in government today that will share it amongst themselves

He was by then trying to build Nigeria after him and his friends build Lagos.
*Na we build Lagos as if Lagos was a bush before coming to Lagos with nylon bags*.

I don't think this is possible.

advanceDNA:
Mental evaluation?? lol…. Thats because u think embezzlement is wrong among this pple…

Embezzlement is a normal language in the political space of Nigeria… they are all doing it….. If u are not doing it, u are the one that needs mental evaluation

In Nigeria, embezzlement is an unspoken law, an established code, an unwritten legal part of the constitution, it is the only constant… every other thing is a variable…

All these funny trial for them to refund 20% of what they stole…. Dont let Nigerian govt officials fool you…. All na we we…. Them be the same

They Christians would say "shall we continue in sin that grace may abide"? Except we've unanimously accept that we're irredeemably curse and stagnated.

Several countries have gone through these phase in their nationhood eg China, Singapore etc but they developed the willpower and political power to somount it. If we can't copy the aforementioned nations, we at least develop a templates to tackle it. Unfortunately these set of our leaders will likely not solve it.

I still ask, why would you steal these much if you're not crazy?

eddie7:
BREAKING: Massive Recovery Shakes Nigeria 🇳🇬

Reports claim former CBN Governor, Godwin Emefiele, has returned ₦4 TRILLION to the Federal Government — funds allegedly linked to his tenure.

Sources also allege he relinquished ownership of six banks tied to him.

That’s not all:

▪️ Former CBN Deputy Governor, Tunde Lemo reportedly refunded $500 MILLION
▪️ $275 MILLION allegedly traced to an account linked to a 6-year-old son of a former presidential aide
▪️ An additional ₦1.5 TRILLION connected to the same network

The probe, led by Jim Obazee, is said to have uncovered over ₦12 TRILLION so far — potentially one of the largest financial crackdowns in Nigeria’s history.

⚠️ Note: These claims are not yet independently verified.

If confirmed, this could redefine Nigeria’s anti-corruption fight.

— @ishaqsamaila5

I don't believe it!!!

Also tell Nigerians that the 4 Trillion Naira Emefiele returned back to Nigerian government have also been re-looted by those in government today and the looting cycle continues

We can pay all external debt if FG write names of Nigerians who stashed money abroad give our debtors for asset recovery. We don’t even have to pay 1 naira. Get Nigerian courts to declare it looted and give access to organizations we owe money. She’ikenan. I hope they shake down Malami very well and that Tunde Sabiu. Then bubu uncles.

And you believed.

After all the people up there are still going to borrow.
What's the point in this razzmattazz frenzy news.
As if there will now be impact because of it.

It will be relooted by corrupt tinibu n his so corrupt goons.. ask malami n Co.

Some states 7 yearss budget

LOL.

How’s this supposed to be believable?