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‘He printed N684.5m notes with N18.9bn’ — EFCC to arraign Emefiele on fresh charge

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The Economic and Financial Crimes Commission (EFCC) has filed a fresh charge against Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN).

In the four-count charge, the anti-graft agency accused Emefiele of approving the printing of N684,590,000 notes at the rate of N18.96 billion.

EFCC alleged that Emefiele broke the law with intent to harm the public during his implementation of the naira swap policy under the administration of former President Muhammadu Buhari.

The agency also accused the former CBN governor of unlawfully approving the withdrawal of N124.8 billion from the consolidated revenue fund of the federation.

Emefiele will be arraigned on these counts before Maryann Anenih, judge of a federal capital territory (FCT) high court, on April 30.

This would be the third criminal case pending against Emefiele.

On November 17, 2023, Emefiele was arraigned before Hamza Muazu, a judge of the federal capital territory (FCT) high court, on a six-count charge of procurement fraud, to which he pleaded not guilty.

The charge has since been amended to 20 counts bordering on alleged criminal breach of trust, forgery, conspiracy to commit forgery, procurement fraud and conspiracy to commit a felony.

On April 8, the EFCC also arraigned the former CBN governor, alongside one Henry Omoile, an official of the apex bank, before Rahman Oshodi of the special offences court sitting in Ikeja, Lagos over an alleged $4.5billion and N2.8 billion fraud.

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NAFDAC seizes unregistered food products worth N3.8bn at warehouse in Lagos

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The National Agency for Food and Drug Administration and Control (NAFDAC) says its investigation and enforcement directorate team raided a warehouse at Apongbon Oke Arin market in Lagos state.

In a statement on Tuesday, the agency said the raid followed a tip-off about the sale of unregistered food products in the warehouse.

“Various unregistered items valued at N3,818,802,720 were seized during the operation, and the facility has been placed on hold pending further investigation,” the statement reads.

“The warehouse management has been summoned for questioning, and appropriate sanctions will follow after investigations.

“We reaffirm our commitment to protecting public health and ensuring compliance with regulatory standards.

“We also urge the public to remain vigilant during the festive season and report suspicious activities to the nearest NAFDAC office.”

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Nigeria nominates Olufemi Elias as candidate for ICJ judge

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Nigeria has presented Olufemi Elias to the International Court of Justice (ICJ) as its candidate to lead the institution.

The ICJ is often referred to as the highest court in the world for disputes involving sovereign states.

Established in 1945 and located in The Hague, Netherlands, the ICJ is the principal judicial organ of the United Nations (UN).

The ICJ comprises 15 judges elected for nine-year terms and representing legal systems globally.

Elias currently serves as an ad hoc judge for the court.

He was formally introduced to the UN diplomatic corps on Monday in New York by Samson Itegboje, the Charge d’Affaires of Nigeria’s permanent mission to the UN.

Itegboje harped on Elias’ qualifications, pointing out Nigeria’s long standing contributions to the ICJ, including participation in significant international cases involving territorial disputes, human rights, and maritime law.

The ambassador noted that Nigeria has also fully adhered to ICJ rulings, such as the landmark Bakassi Peninsula case with Cameroon.

WHO IS OLUFEMI ELIAS?

If elected, Elias will be the fourth Nigerian to preside over the ICJ, after Charles Onyeama, Bola Ajibola, and Taslim Elias, his father.

Making the case for the nominee, Itegboje said Elias’ family background shaped his morals.

“It would interest you all to also note that the father of the candidate we are introducing today, Taslim Olawale Elias, a prominent Nigerian jurist, was a judge at the ICJ from 1976 to 1991 and his tenure marked significant contributions to international law, especially in shaping the court’s jurisprudence in various areas, having served as president and as vice president of the court,” the diplomat said.

“In light of the foregoing, I can categorically state that Dr. Taoheed Olufemi Elias, himself currently a judge ad hoc at the ICJ, is not just a renowned international lawyer with vast experience in the practice of international law and academics but born into a jurist family and has learned the ropes of dispensing good judgment from his childhood.”

Elias has extensive experience as a lawyer and leader in various international organisations.

He is a member of the Institut de Droit International and served as the legal adviser and director at the Organisation for the Prohibition of Chemical Weapons at The Hague.

Elias is also the president of the administrative tribunal of the OPEC fund for international development, chairman of the Islamic Development Bank administrative tribunal, as well as a former president and member of the OPEC appeals’ committee.

Speaking on his qualifications, Elias said his achievements as a renowned expert in international law for 35 years in various capacities — comprising academia and public service — underscore his ability to effectively oversee the ICJ.

“When we put together all those qualifications, I think that’s what set me in good stead,” he said.

Nigeria last oversaw the ICJ in 1994 with Bola Ajibola as judge.

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Lagos State government seals Coca-Cola, FrieslandCampina, Guinness factories over regulatory non-compliance

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The Lagos State Water Regulatory Commission (LASWARCO) has sealed the factories belonging to Coca-Cola Hellenic Bottling Company, FrieslandCampina WAMCO, and Guinness Nigeria for extracting groundwater for commercial purposes without proper authorisation.

Speaking on Tuesday in Lagos, Olowu Babatunde, director of technical services at LASWARCO, said the commission had been engaging with the three companies for over seven years, but they had either partially complied or failed to comply with regulations, prompting enforcement action.

“We operate a law that empowers us to regulate most of these heavy abstractors in Lagos State,” Babatunde said.

“Abstractors are individuals or entities that extract large quantities of groundwater for commercial purposes.

“So, these companies that we have sealed, basically three of them – Coca-Cola, FrieslandCampina and Guinness, abstract water in large quantities.

“And we have been engaging them over time. At least, I have been here for more than seven years now. We’ve been engaging these companies for more than seven years now.

“Some, either they do partial compliance, or some don’t comply at all. So, now that we started implementation of our regulation, we now compel them to fulfil all their regulatory demands.”

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Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others

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