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Dispute stalls FG and Emefiele : Plea bargain would not work, “Where trillions were being stolening, some of those affected have offered to refund N32 billion only,” Says source

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Suspended CBN governor may face trial
Why deputy governors were dropped
There were hints yesterday that the suspended Central Bank of Nigeria (CBN) Governor Godwin Emefiele and other top officials of the bank may face trial afterall.
This follows the stalling of the plea bargain move between the Federal Government and the embattled apex bank boss.

It was learnt that Emefiele and the affected officials of the apex bank have “not made substantial concessions on some refunds expected from them.”

Sources said that trillions of naira were being tracked by a federal agency but only a few billions of naira was offered as refundable by some of those linked to the suspicious transactions.

Emefiele is being held by the Department of State Service (DSS).

It was gathered that some interceding forces and Emefiele have not made progress on the plea bargain terms.

Despite Emefiele’s offer to step aside in August, the other aspects of plea bargain process were “not substantially met.”

It has also been confirmed that the four deputy governors were dropped because of their alleged complacency when Emefiele was in the saddle at the apex bank.

The Presidency was shocked by the “massive scale of fraud and flagrant violations of the CBN Act,” it was learnt.

It was also learnt that following interventions, the government’s investigation, initially coordinated by a security agency, had recommended plea bargain option with Emefiele, who wanted it.

Apart from Emefiele offering to step aside, other terms were the withdrawal of court cases against the government and the refund of substantial cash allegedly linked to him and others.

But there were strong indications that the plea bargain option may have suffered a setback.

“The engagement of the Special Investigator has also uncovered more mismanagement of resources and questionable expenditures in CBN than what some security agencies dug up.

Investigator have uncovered a massive rot.”

A source within the Presidency, said the CBN was stinking. He declined to volunteer information on the plea bargain dimension.

The source said the government might prosecute anyone indicted.

He said: “I don’t know whether plea bargain has collapsed or not. I don’t even know if that is on the table to start with. But I know the CBN Governor and the Deputies have been removed.

“The investigations across board are going on and Iam sure the govt will prosecute anyone who has compromised the country.”

Investigation confirmed that the four deputy governors were replaced because of their alleged complacency.

The Presidency source said none of the deputy governors complained when Emefiele was allegedly mismanaging the CBN.

“Most of the DGs “actively collaborated with Emefiele on policies and decisions not in line with the CBN’s mandate,” he said.

Those affected were Folashodun Adebisi Shonubi (Deputy Gov Operations and Acting Governor); Aisha Ahmad (Deputy Governor, Financial System Stability): Adamu Lamtek (Deputy Gov Corporate Services) and Kingsley Obiora (Deputy Governor, Economic Policy).

The source added: “Investigation is still ongoing. The special investigator sure uncovered a lot of rots which implicated the Deputy Governors.

“There is no way the Deputy Governors would have remained with the scale of corruption, poor corporate governance and complacency that happened under Emefiele.

“Allowing them to remain will mean the government has condoned all that went down under their watch.”

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Politics Should Be About Issues, Not Violence – Let’s Protect Our Democracy, Says Tinubu

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I have followed recent reports of violence accompanying political events in different parts of the country.

Every form of violence stands condemned. Violence should never have a place in our political campaigns as we move toward the 2027 general elections.

Our campaigns should be about issues, a contestation of ideas that promote the welfare of our people and the progress of our country.

As the leader of this country, I commit myself to a peaceful, free, and fair election, and I urge political leaders and supporters across party lines to conduct themselves responsibly.

I have said that being in different political parties or pursuing different ambitions does not make us enemies.

As Nigerians, we are members of the same household living in different rooms. Therefore, our politics must elevate human conditions and focus on national progress and development.

I want to reiterate my previous directive to the security agencies: be strict and firm against anyone who seeks to test our resolve and will to preserve public order.

Our administration is committed to an orderly and peaceful election, and all political parties and candidates should be protected and free to campaign anywhere in the country without molestation or fear for their safety.

We shall not tolerate any irresponsible conduct by politicians and their supporters.

Security agencies are therefore authorised to confront thuggery and other anti-social and anti-democratic activities with full force.

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Update : THE COURAGE TO REFORM” BOOK TO BE UNVEILED DECEMBER 1 ,

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“The Central Planning Committee for the official unveiling of the book, The Courage to Reform: Architecture of President Bola Ahmed Tinubu, GCFR, Beyond 2027 — Statecraft, Vision for National Renewal, has announced Tuesday, December 1, 2026, as the new date for the highly anticipated ceremony.

The unveiling, which was initially scheduled for Thursday, November 5, 2026, at the Bola Ahmed Tinubu International Conference Centre, Abuja, was earlier postponed following adjustments to the official schedule of President Bola Ahmed Tinubu, GCFR, who is the Special Guest of Honour at the occasion.

HON. IMAAN SULAIMAN-IBRAHIM
Honourable Minister of Women Affairs and Social Development
Chairperson, Central Planning Committee

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2027: Tinubu Dares Obi, Atiku to Showcase Their Achievements in Office, Accuses Them of Abandoning Their Responsibilities

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I’m

President Bola Tinubu has criticised former Anambra State Governor Peter Obi and former Vice-President Atiku Abubakar over their political affiliations, questioning their leadership credentials ahead of the 2027 general elections.

Tinubu made the remarks on Friday during his visit to Akwa Ibom State, where he inaugurated projects executed by Governor Umo Eno’s administration and addressed supporters at a political gathering.

Although he did not mention either politician by name, he appeared to refer to Obi, the presidential candidate of the Nigeria Democratic Congress, and Atiku, who joined the African Democratic Congress after leaving the Peoples Democratic Party.

Referring to Obi’s tenure as Anambra governor, Tinubu accused him of failing to tackle erosion in the state, contrasting it with his own claim of confronting the Atlantic Ocean during his administration as Lagos governor.

“One, who said he is in one party they call NDC, who is running for president. He ran away from erosion. In Anambra State, he could not confront erosion.

“I, Bola Ahmed Tinubu, I confronted the Atlantic Ocean. I claim it for you. Umo Eno confronted the erosion in Akwa Ibom and is working for, he is stable,” the President said.

Tinubu also questioned the political loyalty of a former PDP member who moved to another party, in an apparent reference to Atiku’s defection to the ADC.

“If a man that was, once upon a time, was a baby of PDP, became a father of PDP. And because of a little inconvenience, he ran away from that party. And formed a dangerous ADC in another party. Is that a leadership trait? Is that a leadership character? And he wants you to vote for him?” he said.

Obi governed Anambra State between 2006 and 2014, while Atiku served as Nigeria’s Vice-President from 1999 to 2007 under the PDP.

Atiku contested the 2023 presidential election on the PDP platform, finishing second behind Tinubu, while Obi, who contested under the Labour Party, came third.

Obi left the Labour Party for the NDC in May 2026, while Atiku joined the ADC as part of opposition efforts ahead of the 2027 election.

Tinubu’s reference to Anambra’s erosion problem recalls his 2023 presidential campaign promise to tackle the menace in the state.

During a campaign rally in Awka in February 2023, the then APC presidential candidate promised to address gully erosion in Anambra, saying he would handle it in the same way he claimed to have tackled the Atlantic Ocean surge in Lagos.

“I have come here to promise you development. We will industrialise Nigeria and Anambra State. You know me, I am the city boy of Lagos; I caged the Atlantic Ocean in Lagos; the way I handled the Atlantic Ocean in Lagos, I will handle the erosion menace in Anambra State,” he said at the time.

 

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