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Procurement Fraud: Emefiele’s Cronies Landed Lucrative Deals – Witness Tells Court

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A prosecution witness, Stephen Gana, on Monday revealed before an Abuja High Court that two companies belonging to the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, were given preferential treatment in vehicle procurement contracts. This disclosure was made during the ongoing trial of Emefiele for alleged procurement fraud brought against him by the Economic and Financial Crimes Commission (EFCC).

Mr. Gana, who testified as the Prosecution Witness 10 (PW10), previously served as the Head of the Procurement Department at the CBN. Led in evidence by the prosecution counsel, Rotimi Oyedepo, SAN, Gana confirmed that he was in office when contracts for vehicles, documented in Exhibits F4 to F45, were approved.

According to the witness, the CBN acquired Toyota vehicles from a company called “April 1616 Company Ltd” at a cost of N99.9 million via direct procurement. Specifically referring to Exhibit F5, Gana testified that two Toyota Hilux vehicles were purchased for N23.1 million each through selective bidding. He added that April 1616 Company was awarded the contract based on its submission of the lowest bid, which aligned with the CBN’s in-house cost estimate.

Gana further clarified that at the CBN, procurement contracts could be awarded through two processes: direct procurement or selective bidding. The choice of method, he explained, depended on the guidance of the Director of the Procurement Department, who worked in conjunction with the Deputy Director, the Head of Procurement (himself), and the procurement officer.

The testimony suggests that these companies, linked to Emefiele, benefited from favorable contract terms during his tenure as CBN governor. This alleged preferential treatment forms part of the EFCC’s broader investigation into procurement irregularities within the CBN under Emefiele’s leadership.

After the testimony, the prosecution counsel, Oyedepo, requested an adjournment different from the previously scheduled date of October 22. Oyedepo informed the court that he would be appearing in another case filed by Kogi State and 15 other states against the EFCC at the Supreme Court.

Defense counsel, Matthew Burkaa, did not object to the adjournment request but raised concerns about the rising costs associated with the case’s postponement, urging the court to take this into consideration.

In response, Justice Hamza Muazu adjourned the matter until November 13 for further hearings and to consider the prosecution’s application.

Earlier in the proceedings, Burkaa had opposed the prosecution’s introduction of additional evidence. He challenged the EFCC’s amended proof of evidence and the late inclusion of two witnesses who were not listed initially. Burkaa clarified that the defense was not contesting the charges against Emefiele but objected to the sudden appearance of new witnesses, which he argued could alter the dynamics of the case.

The trial, which has garnered significant attention, continues to unfold as more details about Emefiele’s tenure as CBN governor emerge, raising questions about procurement practices and potential breaches of due process. The coming weeks will be crucial as both the prosecution and defense prepare to present further arguments.

Abuja Reports

20 Finalists Begin Final Stage of National Essay Competition

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By Samson Adeyanju

Twenty finalists from across Nigeria have begun the final stage of the fourth edition of the National Essay Competition in Abuja, following an orientation session designed to prepare them for the decisive examination.

The finalists arrived in the Federal Capital Territory for a four-day, all-expenses-paid programme featuring the essay examination, institutional tours and opportunities for learning and networking.

The competition, the brainchild of Mr Foluso Ojo, is sponsored by the Nigeria Revenue Service (NRS).

Ahead of the examination, the finalists participated in an orientation session led by Professor Omotosho Borisade of Ekiti State University, who serves as the competition’s umpire.

The session familiarised participants with the competition’s rules and regulations, examination guidelines and assessment criteria, helping them understand the requirements of the final stage.

The essay examination is scheduled to begin today at 9 a.m., after which the finalists are expected to embark on institutional tours around Abuja.

The programme is designed to extend beyond the contest itself, exposing the finalists to new learning opportunities, professional connections and experiences in the nation’s capital.

The competition brings together young Nigerians to demonstrate their writing ability, knowledge, creativity and critical-thinking skills as they compete for the top honours.

With the finalists prepared for the examination, attention now turns to their performance and the eventual emergence of the competition’s champion.

 

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Pastor Ogundipe Decries Lack of Integrity Among Educated Nigerians

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By Samson Adeyanju

Pastor Alex Ogundipe, Chairman of the Governing Board of Christian Heritage International Bible College, Kubwa, Abuja, has expressed concern over the growing number of educated Nigerians who lack the character and integrity required to make meaningful contributions to society.

Ogundipe raised the concern during the matriculation ceremony of the institution’s 60 pioneer students, stressing that academic qualifications without moral discipline and upright character could undermine national development.

According to him, Nigeria has many knowledgeable and academically accomplished individuals whose inability to demonstrate integrity has negatively affected their contributions to their families, workplaces and communities.

“We have too many people in this country who are knowledgeable and wise in their own ways, but they do not have character and integrity. That affects their ability to impact their communities,” he said.

The cleric emphasised that education must go beyond the acquisition of certificates to the development of individuals who demonstrate honesty, accountability, faithfulness and commitment to serving humanity.

He explained that true integrity required consistency in personal conduct, whether at home, in the church, at work or within the larger society.

Ogundipe said the college was established not merely to impart biblical knowledge but to raise men and women whose lifestyles reflect Christian values and whose contributions would positively influence society.

He urged Christian leaders to demonstrate their faith through practical actions rather than mere religious declarations.

Speaking on Nigeria’s future, the cleric encouraged citizens to remain hopeful, pray for the country and contribute meaningfully to national peace, unity and development.

Earlier, the Rector of the institution, Pastor Samson Olukayode Aliyu, challenged the matriculating students to prioritise spiritual maturity and moral discipline alongside academic excellence.

Aliyu warned against examination malpractice, plagiarism, dishonesty and other forms of misconduct, stressing that academic certificates could demonstrate knowledge but could not substitute for good character.

“The Church does not only need gifted people; it needs godly people. We need leaders who will choose integrity over compromise, humility over pride, faithfulness over convenience and service over self-interest,” he declared.

He explained that the college offers six-month certificate programmes in theology and one-year diploma programmes in theology, leadership and prophetic studies.

One of the matriculating students, Akeem Omobolanle, who enrolled in the Diploma in Leadership programme, commended the institution’s approach to biblical education and expressed optimism that the training would strengthen his understanding of the Scriptures and prepare him for greater service in Christian ministry.

The ceremony marked the formal admission of the college’s pioneer students into its academic community.

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Economy

Private Capital Critical To Nigeria’s Industrial Future -Omoyele

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By Samson Adeyanju 

Private capital will be critical to Nigeria’s industrial future as the country seeks to address infrastructure gaps, improve energy supply and strengthen economic productivity, Bayonle Omoyele has said.

Omoyele, a PhD student and guest speaker at the Abuja Economic Dialogue organised by the Faculty of Management Sciences, Nile University of Nigeria, Abuja, said the discussion would examine Nigeria’s economic situation and trade outlook in simple, everyday language.

The dialogue, scheduled for October 6, 2026, has as its theme, “Powering the Next Economy: Energy, Infrastructure & the Private Capital Imperative for Nigeria’s Industrial Future.”

Omoyele said the dialogue would also examine why people in the informal sector and at the bottom of the economic pyramid continue to struggle despite various microeconomic and macroeconomic policies.

He said the discussion would interrogate the gap between economic policies and their impact on the daily lives and businesses of ordinary Nigerians.

A major focus will be the role of private investment in addressing energy and infrastructure challenges affecting productive activities and industrial development.

The dialogue is also expected to examine how Nigeria can create conditions that encourage private capital to flow into productive sectors while expanding economic opportunities for businesses and individuals in the informal sector.

The discussion will further consider Nigeria’s trade outlook and the structural issues affecting the country’s prospects for sustainable and inclusive economic growth.

The event is scheduled to hold from 10 a.m. to 12 noon at the Block A, second-floor Conference Hall, Nile University of Nigeria, Abuja.

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