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CBN’s Investigator’s Report False, Says Emefiele

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Embattled former Governor of the Central Bank of Nigeria has denied a report by Central Bank of Nigeria’s private investigator, Jim Obazee, that he lodged £543, 482,213 in fixed deposits in UK banks alone without authorisation among other allegations.

Emefiele made this known Sunday night in a signed statement entitled, “Re: Emefiele, others stole billions, illegally kept Nigeria’s funds in foreign banks” which was made available to our correspondent.

The Punch had exclusively reported that Obazee revealed that the former CBN governor illegally lodged billions of naira in foreign currencies in no fewer than 593 bank accounts in the United States, United Kingdom, and China without the approval of the apex bank’s board of directors and the CBN Investment Committee.

However, Emefiele on Sunday said the report was misleading and a calculated attempt to disparage his person, injure his character and serve the selfish interest of the private investigator.

He said, “I have gone through the publications, and I say boldly that the contents of the said publications are false, misleading and calculated to disparage my person, injure my character and serve the selfish interest of the private investigator.

“Because of my present situation, I have been advised by my lawyers not to say anything in respect of the matters which have been submitted to the court for adjudication. However, I need to address some of the issues raised in the publication which are barefaced lies told by the investigator in order to achieve his satanic agenda

“First, it was reported that contrary to the provision of the CBN Act 2007, there was no presidential approval for the Naira redesign. I wish to state unequivocally that there was indeed a presidential approval, and the said approval was handed over to the same Jim Obazee during the process of his investigation in the presence of senior CBN officials and his own investigative team.

“Moreover, the former President Muhammadu Buhari GCFR has stated on a number of occasions that he authorised and approved the Naira redesign. I am therefore at a loss as to why Mr. Jim Obazee will mislead Nigerians that there was no presidential approval.

“The report also claimed that the sum of 6.23 million dollars was withdrawn from the CBN vault based on a false presidential directive bearing the signature of the former president Muhammadu Buhari GCFR and that of the former secretary to the government of the federation (SGF), Mr. Boss Mustapha.

“About two weeks ago, Jim Obazee in the company of a certain Deputy Commissioner of Police from Force CID came to Kuje to ask me questions in respect of the said document in the presence of my lawyers. I stated verbally and in writing that I have no knowledge of such a directive from the former president and the former SGF. In fact, I told them that that was the first time I would be seeing the documents. “On this, I challenge Jim Obazee to publish the said documents and also the statements that I made to them.

“The final issue that I would like to respond to is the issue of the 593 accounts which were purportedly opened in different parts of the world. I state categorically that I am not involved in the opening of these accounts and I do not have knowledge of their openings. The fixed deposits in those foreign accounts are definitely outside my knowledge.

“However, let me state clearly, that the relevant departments of the CBN have the authority to carry out such activities in line with their lawful mandate within the CBN.

“I, therefore, join well-meaning Nigerians who have spoken on this matter and have demanded a thorough and transparent investigation of all these alleged frauds.

“Meanwhile, I have instructed my lawyers to immediately commence the legal process to clear my name from the defamatory statements contained in the report and by extension the publications.”

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NAF Defends Borno-Yobe Border Market Airstrike

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The Nigerian Air Force (NAF) has confirmed carrying out an air operation in the Jilli axis of Borno State, describing the mission as part of ongoing efforts to sustain pressure on terrorist groups operating in the North-East.

The confirmation comes amid outrage that at least 56 people, mostly traders, were killed after an airstrike struck a busy weekly market along the Borno–Yobe border.

The incident reportedly occurred on Saturday at Jilli Market, situated between Gubio in Borno State and Geidam in Yobe State.

Reports quoting eyewitness accounts said that four fighter jets were involved in the operation, which was said to be targeting suspected Boko Haram insurgents in the area.

A local councilor, Malam Lawan Zanna, also confirmed the attack.

He said people tried to escape when the jets began firing, but the strikes continued.

According to him, “more than 20 people were hospitalized,” and some of the injured later died, pushing the death toll higher.

Confirming the incident, NAF spokesperson, Air Commodore Ehimen Ejodame, stated that the strikes were conducted based on credible intelligence and in coordination with ground forces.

According to him, the operation was aimed at restricting the movement of terrorist elements and preventing further attacks.

“The follow-up strikes were executed based on credible intelligence and in close coordination with ground forces to deny terrorists freedom of movement and prevent further attacks.

He explained that the mission formed part of a broader air-ground strategy designed to consolidate previous gains made by military forces in the region.

“The operation formed part of a broader air-ground integration effort aimed at consolidating earlier gains recorded by friendly forces,” he said.

In addition, Ejodame noted that the strikes successfully disrupted insurgent activities within the Jilli axis, an area long considered a strategic enclave for terrorists due to its challenging terrain.

He added that the operation highlights the increasing effectiveness of intelligence-led joint missions in the North-East.

Reaffirming the force’s commitment, Ejodame said the NAF would continue to prioritize surveillance, precision targeting, and rapid response operations in support of wider military objectives.

“The Nigerian Air Force will sustain the current operational momentum to protect innocent lives, secure communities, and restore lasting peace in the region,” he said.

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Police Probe Four Officers Accused of ‘Misconduct’ in Lagos

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The Nigeria Police Force has launched an investigation into alleged misconduct by officers from the Satellite Town Division, Lagos State, after a viral social media video.

The Force Media Officer, CSP Aliyu Giwa, disclosed this in a statement on Saturday.

The complainant, Rhapstar, posted the video on X on April 4, alleging incivility by officers on surveillance duty.

In the clip, police officers stopped a vehicle, ordered occupants out, and searched one individual away from the roadside-parked vehicle.

The incident triggered widespread reaction, amid concerns over alleged harassment during a roadside stop-and-search operation.

Speaking on the incident on Saturday, Giwa said the Divisional Police Officer and implicated officers were summoned, adding that an investigation into the incident was ongoing.

Giwa wrote on X: “When (Rhapstar) posted the viral video on 4 April 2026, alleging misconduct by officers from the Satellite Town Division, Lagos, we took the matter seriously and acted immediately.

“The DPO and the officers involved were summoned, statements were obtained, and detailed interviews were conducted.

“Preliminary findings indicate the incident occurred in May 2025. We are working to obtain additional details directly from the victims, as their accounts are central to the investigation.

“This process is not a cover-up; it is a demonstration of accountability.

“The leadership of the Force management team has emphasised that the rule of law is non-negotiable in the discharge of police duties nationwide. No officer is above accountability, and no incident is too old to investigate. The investigation is ongoing. We will provide regular updates.

“To every Nigerian who spoke up, your voice prompted accountability, as it should be.”

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Turaki Faction Kicks As Police Unseal PDP Secretariat

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The Tanimu Turaki-led Peoples Democratic Party (PDP) has accused the Nigeria Police Force of acting in contempt of court following the unsealing of its National Secretariat in Abuja, describing the development as a partisan move that undermines the rule of law.

In a statement issued on Saturday, the party’s National Publicity Secretary, Comrade Ini Ememobong, said the police facilitated the takeover of the Wadata Plaza headquarters by individuals he described as “agents of the federal government and APC apologists masquerading as PDP members,” despite a pending appeal on the matter.

The PDP maintained that the judgment by Justice Abdulmalik, which the police purportedly relied upon in unsealing the premises, is already under appeal.

According to the party, the police, being a party to the suit, had been duly served and were fully aware of the appellate process.

It argued that by proceeding to unseal the secretariat, the police had “tampered with the res”, (a legal terminology referring to the subject matter of litigation) thereby risking rendering the eventual judgment of the Court of Appeal nugatory.

“It is most shameful that those entrusted with protecting the law are those disobeying the law,” the statement read.

The party expressed disappointment that the police, under the leadership of the new Inspector General of Police, has continued what it described as a pattern of partisan conduct since the crisis began.

It alleged that officers of the force had consistently acted in support of a faction it labelled as “Wike-backed APC apologists,” thereby deepening internal tensions within the opposition party.

Despite its grievances, the PDP called on its members nationwide to remain calm and law-abiding, urging them to avoid actions that could lead to a breakdown of public order.

“As law-abiding citizens, we admonish our members to continue to maintain peace and not undertake any activity capable of breaching public peace,” the statement added, while pledging to pursue all legal avenues to defend the rights of what it termed “genuine members” of the party.

The party also assured the public that it remained optimistic that the situation would be resolved in favour of democratic principles, warning against what it described as a “state-sponsored persecution and one-party drive.”

Invoking a note of hope, the PDP said the current challenges would ultimately give way to “joy and liberation,” expressing confidence in the restoration of what it called true democratic experience in the country.

The unsealing of the PDP secretariat marks the latest twist in the protracted leadership and legal tussle within the party, which has continued to generate political tension and raise concerns about institutional neutrality in Nigeria’s democratic process.

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