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Why we are holding Emefiele, by DSS



The Department of State Services (DSS) and the Office of the Attorney-General of the Federation (OAGF) have presented their reasons for opposing the bail application filed by the suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele.

In their counter-affidavits submitted to the Federal Capital Territory (FCT) High Court in Abuja, the DSS expressed concerns that granting Emefiele bail could potentially interfere with their ongoing investigations.

The OAGF clarified that Emefiele’s detention was unrelated to terrorism or his involvement in partisan politics, and dismissed rumors regarding the naira redesign policy.

The DSS further stated that Emefiele’s arrest was based on suspicions of criminal breach of trust, incitement to violence, economic sabotage, and other economic crimes with national security implications.

They highlighted the need to apprehend additional individuals associated with the case. Both agencies emphasized that granting bail at this stage may hinder the collection of evidence and jeopardize the ongoing investigation.

The OAGF argued that Emefiele posed a flight risk and could flee the country if released. During the hearing, the DSS denied allegations of denying access to Emefiele’s family members and lawyers.

The OAGF contested Emefiele’s claim of unlawful detention, citing that he was being held based on an order from an FCT Chief Magistrates Court. The OAGF also challenged the jurisdiction of the court in hearing the case.

He stressed that a court’s jurisdiction is determined by the reliefs sought by an applicant.

Lawyer to the DSS I. Awo said there was a subsisting order to detain Emefiele.

Awo, therefore, urged the court to dismiss the suit with cost.

But Emefiele’s lawyer, Joseph Daudu (SAN), argued that the court has the jurisdiction to hear and determine the suit.

Daudu pointed out that the alleged offences listed against his client were state offences that could be tried by the High Court of the FCT.

After entertaining arguments from parties, Justice Hamza Muazu adjourned till July 13 for a ruling.

‘Emefiele’s family members, lawyers not denied access’

After the adjournment, the DSS said in a statement by its spokesman, Peter Afunanya, that the celebration of the news of a court order to allow Emefiele’s lawyers and family members access to him was unnecessary.

The Service also said in the statement titled “The DSS operates within its mandate” that it expected expects attacks over the suspension of the Economic and Financial Crimes Commission Chairman (EFCC) Abdulrasheed Bawa.

The statement partly reads: “He (Emefiele) was never denied access. Ever since he was taken into custody, his family has continually accessed him; same with medical officials. The impression that the Service is going to act on the prompting of the Court is not correct.”

Making reference to some “editorials” it considered unsavoury, the DSS said it knew that some groups and persons would come up with frivolous allegations against it.

The service added: “These entities may also exploit unpatriotic members of the service to spread falsehoods, propaganda and hate in order to project the organisation in a bad light.

“Given their reach and war chest to mobilise forces against Government and its key officials, the adversaries may intend to cause distractions to the ongoing investigations as directed by the C-in-C (Commander-in-Chief). However, the Service will not depose its professionalism for cheap backlash nor discharge its duty with prejudice or fear.”

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Tinubu Appoints Tanimu Yakubu As DG, Budget Office



– Tinubu appoints new Budget Office DG
– Tanimu Yakubu replaces Ben Akabueze
– Yakubu is an accomplished economist

President Bola Ahmed Tinubu has appointed Tanimu Yakubu as the new Director-General of the Budget Office of the Federation, following the expiration of Ben Akabueze’s tenure.

Yakubu brings a wealth of experience to the role, having served as Chief Economic Adviser to a former President and Managing Director of the Federal Mortgage Bank of Nigeria.

The new Budget Office DG holds a Master of Business Administration degree in Finance and a Bachelor of Science degree in Economics from Wagner College, New York.

President Tinubu has expressed his gratitude to the outgoing DG, Ben Akabueze, for his services and wishes him success in his future endeavors.

The President expects Yakubu to enhance the provision of efficient and qualitative budget functions, promoting fiscal sustainability and transparency in public finance management.

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Lagos State Governor Babajide Sanwo-Olu Has Officially Emerged As The New Chairman Of South West Governor’s Forum



His Excellency Babajide Sanwo-Olu
– Sanwo-Olu elected Chairman of South West Governors’ Forum
– Forum resolves to support South West Development Commission Bill
– Calls for establishment of State Police and improved security collaboration

Lagos State Governor, Babajide Sanwo-Olu, has taken the reins as Chairman of the South West Governors’ Forum, following a meeting in Lagos on Monday.

Previously, the late Ondo State governor, Oluwarotimi Akeredolu, held the position until his passing on December 27, 2023.

Sanwo-Olu’s election marks a new chapter for the forum, which seeks to enhance regional cooperation and development.

According to Sanwo-Olu, “We are grateful to the House of Representatives and South West Caucus for their efforts on the South West Development Commission Bill and urge the Senate to expedite its passage.”

The forum also commended President Bola Ahmed Tinubu for the Lagos-Calabar Coastal Road project and advocated for further road rehabilitation by the Federal Government.

On security, the governors expressed satisfaction with the current peace in the region and emphasized the need for State Police and enhanced collaboration between security agencies and Amotekun Corps.

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