BUSTED: Nigeria’s Central Bank Governor, Emefiele Hosts Lavish Birthday Party In Jamaica, Dangote, Bank Executives Show Up In Private Jets

The crème de la crème in the Nigeria’s banking and finance industry as well as Africa’s richest man, Aliko Dangote, gathered at the weekend in a frontal display of wealth at a private birthday ceremony in Jamaica organised by the Central Bank of Nigeria’s Governor, Godwin Emefiele.

SaharaReporters learnt that the bank executives, who flew private jets to the South American country, stormed the party to impress Emefiele, who turned 60 last week.

The lavish display of wealth by Emefiele and the bankers is in sharp contrast with the sorry state of the Nigerian economy reeling under more than $33billion foreign debts and the unstable banking sector which Emefiele superintends.

“Some big boys and Emefiele were at Montego Bay City, Jamaica, last weekend to celebrate his 60th birthday. They flew there quietly with their private jets. The party was organised and held in secret to keep it away from prying eyes,” a source stated.

“Those in attendance included the usual suspects; Dangote, Nduka Obaigbena, Herbert Wigwe, Tony Elumelu and Adesola Adeduntan and so on,” the source added.

President Muhammadu Buhari had last week sent a congratulatory letter to Emefiele, having celebrated his birthday on August 4.

Emefiele served as the governor of Nigeria’s apex bank since June 3, 2014.

In March 2016, Emefiele was appointed first by President Goodluck Jonathan and was reappointed to the position in May 2019 by Buhari, shortly before the expiration of his first tenure.

Under Emefiele, Nigeria has experienced rising inflation, jumping to 17.33 percent at the end of February 2021 from 16.47 percent in January 2021, according to the governor himself.

The governor had also been accused of engaging in underhand dealings and fraudulent practices which continued to frustrate the activities of the bank and the country’s banking sector.

SaharaReporters in 2016 for instance obtained a list of at least 91 people tied to influential or highly placed Nigerians who were at that time offered juicy appointments by the CBN under Emefiele.

The list of beneficiaries of the CBN’s job largesse had included a daughter of former Vice President Abubakar Atiku, a son of Mamman Daura, a nephew of President Buhari and one of the closest members of the president’s inner circle, a son of the then Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu, a daughter of former Speaker of the House of Representatives, Ghali Na’aba, also daughter of former Inspector General of Police, Solomon Arase, and at least 86 others.

$114.28m COVID-19 loan: SERAP asks World Bank to make Nigeria ‘publicly commit to transparency’

Socio-Economic Rights and Accountability Project, (SERAP) has sent an open letter to the World Bank President Mr David Malpass, urging him to use his “good offices to encourage the Federal Government and 36 state governments to publicly commit to transparency and accountability in the spending of the $114.28m credit and grant for COVID-19, which the Bank’s Board of Directors recently approved for Nigeria, including by publishing details on a dedicated websit". SERAP also urged Mr Malpass to “put pressure on authorities and the 36 state governors to accept voluntary scrutiny by Nigerians and civil society regarding the spending of the funds and use of the resources, including on how they will spend the money to buy medical equipment, and improve access to clean water, sanitation and hygiene" The World Bank Board of Directors last Friday approved a $114.28 financing “to help Nigeria prevent, detect and respond to the threat posed by COVID-19 with a specific focus on state level...

Notorious Fulani Boys Killing Farmers In Edo Forest Caught & Their Confession

Notorious Fulani Boys Killing Farmers In Edo Forest Caught And Their Confession Will Shock U. Video Below:

Looted COVID Palliatives Were Meant For Special Vulnerable Group – Kwara Govt

The state government in a statement signed by the Commissioner for Communications, Harriet Afolabi-Oshatimehin, on Friday, said the items were meant for the poor and a special group of vulnerable people. The Commissioner said further that CACOVID and the state government on September 23rd flagged off the distribution of the palliatives and had distributed the majority of the palliatives to the identified vulnerable households in 15 of the 16 local government areas of the state. “The remaining palliatives in the terminal, which the hoodlums preyed on until chased away by security agencies, were meant for special vulnerable groups and just one local government where names of the beneficiaries have just been delivered and officials have started distributing when the street urchins breached the wall of the facility,” the statement added. Afolabi-Oshatimehin explained that the looted items were meant for specific households, as dictated by CACOVID, and so names had to be properly gene...

ExtMedia

Search This Blog