Friday, March 27, 2026
Actual News Nigeria
  • Home
  • News
    • Nigeria
    • International
  • Politics
  • Business
  • Education
  • Health
  • Sports
  • Entertainment
  • Crime
No Result
View All Result
  • Home
  • News
    • Nigeria
    • International
  • Politics
  • Business
  • Education
  • Health
  • Sports
  • Entertainment
  • Crime
No Result
View All Result
No Result
View All Result
Actual News Nigeria
Home News

Buhari Authorised Naira Redesign— Emefiele

by Actual News
2 years ago
in News
Share on FacebookShare on TwitterShare to WhatsApp

Former Central Bank of Nigeria’s (CBN) governor, Godwin Emefiele, has refuted the claim that there was no presidential approval for the naira redesign.

In a statement on Sunday, en­titled, ‘Re: Emefiele, Others Stole Billions, Illegally Kept Nigeria’s Funds In Foreign Banks’, the for­mer apex bank governor said, “Af­ter my release on bail from the cor­rectional centre, Kuje, my attention was drawn to publications released by some mainstream and online news platforms. The sources of the information published by both me­dia houses were credited to a cer­tain report prepared by a Mr. Jim Obazee, who was appointed by the president as a private investigator.

“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 to 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 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 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 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 will 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 legal process to clear my name from the defamatory statements contained in the report and by ex­tension the publications.”

ShareTweetSend
Previous Post

Federal Government to Announce New Minimum Wage in 2024

Next Post

Oborevwori felicitates Deltans at Christmas, urges peaceful co-existence

Related Posts

Chukwunwike Delivers Chairs,Lockers To Nsukwa Primary School

Chukwunwike Delivers Chairs,Lockers To Nsukwa Primary School

March 26, 2026
Hon. Andaye Congratulates Newworld Safugha On His Emergence As APC South-South Legal Adviser

Hon. Andaye Congratulates Newworld Safugha On His Emergence As APC South-South Legal Adviser

March 26, 2026
Andaye Congratulates Newly  Elected South-South APC Zonal Executive

Andaye Congratulates Newly  Elected South-South APC Zonal Executive

March 26, 2026
Chukwunwike Completes NIMC, FRSC Buildings

Chukwunwike Completes NIMC, FRSC Buildings

March 26, 2026
Next Post
Delta 2024 Budget Of Hope And Optimism Captured Foreseeable FG’s Salary Increase –  EAOC

Oborevwori felicitates Deltans at Christmas, urges peaceful co-existence

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Most Read Now

Cathedraticum: Bishop Ehwerido Thanks Parishioners In Oleh Region, Inaugurates Five Catechists

Cathedraticum: Bishop Ehwerido Thanks Parishioners In Oleh Region, Inaugurates Five Catechists

March 24, 2026
Building Of Permanent Site For Effurun Police Area Command: Abe I Inaugurates 16 Man Committee

Building Of Permanent Site For Effurun Police Area Command: Abe I Inaugurates 16 Man Committee

March 20, 2026
Chief Francis Omatseye foundation Empowers 1,200 Traders With Financial Grants

Chief Francis Omatseye foundation Empowers 1,200 Traders With Financial Grants

March 25, 2026
Bomadi Council Chairman , Andaye Orders Crack Down On Ritual Attack Suspects

Bomadi Council Chairman , Andaye Orders Crack Down On Ritual Attack Suspects

March 22, 2026
Olukoya Speaks On ‘Die by Fire’ prayer in MFM

Olukoya Speaks On ‘Die by Fire’ prayer in MFM

March 21, 2026
Security Operatives Rescue 2 Abducted US Consulate Workers Unhurt 

Delta Police Arrest 6 Over Alleged Sexual Assault In Ozoro

March 20, 2026
Delta : Governor Oborevwori Approves Over 700 Health Workers Recruitment 

Delta : Governor Oborevwori Approves Over 700 Health Workers Recruitment 

March 24, 2026
Voice of Warri Kingdom Women Initiative Condemns Ogbe-ijoh Invasion, Demands Action from Delta State Government

Voice of Warri Kingdom Women Initiative Condemns Ogbe-ijoh Invasion, Demands Action from Delta State Government

September 29, 2025

Recent Stories

Chukwunwike Delivers Chairs,Lockers To Nsukwa Primary School

Chukwunwike Delivers Chairs,Lockers To Nsukwa Primary School

March 26, 2026
Hon. Andaye Congratulates Newworld Safugha On His Emergence As APC South-South Legal Adviser

Hon. Andaye Congratulates Newworld Safugha On His Emergence As APC South-South Legal Adviser

March 26, 2026
Andaye Congratulates Newly  Elected South-South APC Zonal Executive

Andaye Congratulates Newly  Elected South-South APC Zonal Executive

March 26, 2026
Chukwunwike Completes NIMC, FRSC Buildings

Chukwunwike Completes NIMC, FRSC Buildings

March 26, 2026
Congress :South-South APC Elects New Zonal Executive,Pledges To Deliver Region In 2027 Elections

Congress :South-South APC Elects New Zonal Executive,Pledges To Deliver Region In 2027 Elections

March 26, 2026
  • Home
  • About Us
  • Contact Us

Copyright © 2022 Actual News.

No Result
View All Result
  • Home
  • News
    • Nigeria
    • International
  • Politics
  • Business
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Copyright © 2022 Actual News.