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A Lagos State Special Offences Court sitting in Ikeja has ruled to remand former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, in the custody of the Economic and Financial Crimes Commission (EFCC).

This decision follows Emefiele’s arraignment for alleged abuse of office.


Justice Rahman Oshodi made the remand order after Emefiele and his co-defendant, Herry Omoile, pleaded not guilty to a 26-count charge of abuse of office brought against them by the EFCC.

While Emefiele’s bail application will be determined on Thursday, Omoile has been remanded in the custody of the Nigerian Correctional Services.

Emefiele’s lawyer, Abdulakeem Ladi-Lawal, urged the court to grant bail to his client on self-recognition or on liberal terms, proposing similar conditions to those granted by another court.

The EFCC did not oppose bail but requested conditions to ensure the defendants’ presence for trial.

The charges against Emefiele and Omoile include accepting gratification, receiving gifts through agents, corruption, fraudulent property receipts, and conferring corrupt advantages, as per the EFCC Prosecutor, Rotimi Oyedepo, SAN.

Emefiele also faces separate charges at the Federal Capital Territory High Court in Abuja related to fraudulent financial transactions during his tenure.

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