News

Emefiele’s Trial: Court Declines EFCC’s Attempt To Add New Evidence

Published

16 hours ago

March 21, 2025

The Federal Capital Territory High Court in Maitama, Abuja, yesterday refused to allow the Economic and Financial Crimes Commission (EFCC) to include additional proof of evidence against the former governor of the Central Bank of Nigeria, Godwin Emefiele.

Justice Hamza Muazu refused allowing the prosecution while delivering ruling in a motion filed by Emefiele through his legal team, led by Mathew Burkaa (SAN).

Emefiele, in the charge marked FCT/HC/CR/577/2023, is facing trial for alleged procurement fraud brought against him by the EFCC.

When the case was called, Justice Muazu stated that he would proceed directly to deliver his ruling on the defendant’s application.

Emefiele had in an application, opposed the EFCC’s attempt to introduce fresh evidence more than 365 days after the charges against him were filed.

The EFCC filed the additional proof of evidence on October 15, 2024, seeking to bring two witnesses, Tommy John and Ifeanyi Omeke, whose extrajudicial statements were made in August 2024, concerning charges filed against the defendant in August 2023.

In his ruling, Justice Muazu noted that the EFCC had earlier, on February 12, 2024, filed additional proof of evidence to accommodate the testimonies of former Secretary to the Government of the Federation, Boss Mustapha, and Bamayi Haruna Mairiga.

He highlighted that the charges against Emefiele were initially filed on August 14, 2023, and his plea was taken on November 16, 2023.

Justice Muazu held that the EFCC’s actions resembled a denial of fair trial because the defendant had not been confronted with the new evidence during the investigation, as required by law.

He described the EFCC’s actions as “trial by ambush” and akin to “fishing for evidence” in a trial that commenced on November 28, 2023.

The judge ruled that allowing the additional proof of evidence after several amendments to the charges would prejudice the defendant, thereby breaching his right to a fair hearing.

He emphasized that, under the law, charges should be filed upon the completion of investigations and the establishment of a prima facie case. In this instance, he observed, the contrary was evident.

Justice Muazu, however, declined to strike out the charges entirely, as both parties had already joined issues, and the trial was nearing completion.

The judge maintained that justice would best be served if the trial was concluded on its merits and a final judgment delivered.

Additionally, Justice Muazu refused to expunge the evidence of Boss Mustapha and Bamayi Haruna Mairiga from court records, as requested by Emefiele.

The defendant had argued that the evidence violated Section 36(2) of the 1999 Constitution on fair hearing, citing that the witnesses’ statements were introduced long after the trial commenced without prior confrontation.

Justice Muazu fixed June 3 for the continuation of the trial.

News

Dangote Stops Petrol Sale In Naira, Gives Condition For Resumption

Published

11 hours ago

March 21, 2025

The Tide

Nigerians may experience an increase in the prices of premium energy products diesel and petrol as the Dangote Petroleum Refinery temporarily halts the sale of petroleum products in Naira.
“This decision is necessary to avoid a mismatch between our sales proceeds and our crude oil purchase obligations, which are currently denominated in US dollars,” the company said in a statement yesterday.
The $20billion refinery based in Lagos said the sales of its products in Naira have exceeded the value of Naira-denominated crude it has received from the Nigerian National Petroleum Company Limited (NNPCL).
“As a result, we must temporarily adjust our sales currency to align with our crude procurement currency,” the company explained.
The refinery said it remained committed to serving the Nigerian market and would resume the sale of its product to the local market in Naira as soon as it received crude cargoes from the NNPCL in Naira.
“As soon as we receive an allocation of Naira-denominated crude cargoes from NNPC, we will promptly resume petroleum product sales in Naira,” it said.
The announcement by the refinery comes amid its price war with the NNPCL.
As part of moves to reduce the strain on the US dollars, and guarantee price stability of petroleum products, the Federal Executive Council (FEC) in July 2024, directed the NNPCL to sell crude oil to Dangote Refinery and other local refineries in naira and not in United States’ greenback.
In the beginning of March 2025, the NNPCL said its Naira-denominated crude sales agreement with the Dangote Refinery was structured for six months with March 2025 as the expiration date.
The state company, however, said that talks were on to replace the contract, and that over 48 million barrels of crude oil have been made available to Dangote Refinery since October 2024 under the Naira-denominated arrangement.
The NNPCL also said it had made over 84 million barrels of crude oil available to the private refinery since it commenced operations in 2023.
Nigeria, Africa’s most populous nation, faces energy challenges, with all its state-owned refineries non-operational for decades until 2024. The country was heavily reliant on imported refined petroleum products, with the state-run NNPCL being the major importer of the essential commodities.
Fuel queues are commonplace in the country. Prices of petrol more than quadrupled since the removal of subsidy in May 2023 by President Bola Tinubu, from around ¦ 200/litre to about ¦ 1,000/litre, compounding the woes of the citizens who power their vehicles, and generating sets with petrol, no thanks to decades-long epileptic electricity supply.
Last December, the billionaire industrialist commenced operations at the facility situated in Lagos with 350,000 barrels a day. The refinery, which was initially bogged by regulatory battles, hopes to achieve its full capacity of 650,000 barrels per day by the end of the year. The refinery has begun the supply of diesel and aviation fuel to marketers in the country and now petrol.

News

Aruna Displaces Assar As Africa’s Top-Ranked Star

Published

13 hours ago

March 21, 2025

The Tide

Nigeria’s Quadri Aruna has overtaken Egypt’s Omar Assar to become Africa’s highest-ranked player in the world, now sitting at 18th in the week 12 ranking released on Tuesday.
Aruna moved up from 19th place in week 11 to 18th in the latest ranking, while Assar dropped from 17th to 19th.
Denmark’s Jonathan Groth took over Assar’s 17th place, moving up from 18th.
Despite finishing as runner-up at the 2025 ITTF Africa Cup, Aruna’s impressive performances at the WTT tournaments this year have boosted his ranking.
Aruna remains the only African male player to have reached the semi-finals of the WTT Contender Doha, repeating his 2023 feat earlier this year in January.
This achievement has propelled him ahead of Assar, who beat him to become the champion of the 2025 ITTF Africa Cup.
Aruna’s next tournament is the WTT Contender Chennai which serves off in India from March 23 to 20.
In the women’s singles, Egypt’s Hana Goda maintained her top spot in Africa, moving up one place to 26th in the week 12 ITTF ranking. Her compatriot, Dina Meshref, remained static at 33rd, holding her position as the second-best-ranked female player in Africa.
China’s Wang Chuqin retained his position as the second-best player globally, behind his compatriot Lin Shidong, who continues to hold the top spot. Japanese superstar Tomokazu Harimoto dethroned China’s Liang Jingkun as the third-best player in the world after his semifinal finish in Chongqing.
In the women’s ranking, the top five remained unchanged, with China’s Sun Yingsha holding onto her top spot after retaining her WTT Champions Chongqing title.

News

NSPRI Empowers Agri-preneurs For Independence, Postharvest Loss Reduction

Published

13 hours ago

March 21, 2025

The Tide

The Nigerian Stored Products Research Institute (NSPRI) has empowered agri-preneurs with skills to be self-independent and reduce post-harvest losses.

The two-day training was held recently at its Lagos Zonal office on Barikisu Iyede Street, Yaba, Lagos, and centered around post-harvest management, particularly focusing on how to add value to agricultural products such as grains, roots, and tubers.

With a hands-on approach making up a whopping 90 percent of the training, participants got their hands dirty, learning to create value-added products such as bean flour, ground rice, odourless fufu, poundo yam, and flavoured pap.

The training also delved into essential post-harvest management practices and highlighted the importance of packaging in enhancing the value of agricultural goods.

Rounding off the programme, participants were conducted round the NSPRI facility, where participants had the chance to discover even more post-harvest solutions beyond what was covered in the training.

The diverse group of attendees, representing various ages and genders, participated both in person and online.

In his closing remarks, the Executive Director of NSPRI, represented by the Zonal Coordinator, Dr. Shuaeeb Oyewole, expressed heartfelt thanks to the trainees.

He stressed that the skills and knowledge gained during the training could significantly help in reducing agricultural losses, creating job opportunities, and fighting poverty.

He also encouraged everyone to become advocates for post-harvest loss reduction in their communities.

Participants, including Mrs. Olayinka Immanuel, and Mrs. Olubunmi Afolabi, who joined virtually from the United States and Osogbo, Osun State, respectively, expressed gratitude for the training.

Mr. Christopher, a returning participant, commended the training for its focus on practical skills and expressed his eagerness for future sessions.

Everyone left with a commitment to use what they learned to tackle post-harvest losses head-on and to foster entrepreneurship, ultimately contributing to job creation and wealth generation in their communities.