safety
Emefiele: Ministry did not approve withdrawal of N124.86bn by CBN- EFCC witness tells court
Summary by The Lagos Editorial Desk Kayode Lawal , as published by Daily Post Nigeria
· October 6, 2026
· 1 min read
Photo: Daily Post Nigeria · view original
Story provenance No corrections
Summary created by The Lagos Editorial Desk — automated, rule-governed Byline on source page Kayode Lawal, as published by Daily Post Nigeria Original story Read at the source Source published Oct 6, 2026 Indexed here Oct 6, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points 86 billion, taken from a consolidated account by the Central Bank of Nigeria. This transaction allegedly occurred under the leadership of Godwin Emefiele.
A director in the finance ministry testified about a large withdrawal. The amount in question is N124.86 billion, taken from a consolidated account by the Central Bank of Nigeria. This transaction allegedly occurred under the leadership of Godwin Emefiele.
The witness received a letter related to the investigation of this matter. He then held a meeting with division heads, who claimed to have no knowledge of the withdrawal.
Further information about this case is available, including details about the investigation and the witness's testimony.
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Daily Post Nigeria reported and published this story. The Lagos selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
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As published by Daily Post Nigeria . The Lagos selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: safety Published: October 6, 2026 Source: Daily Post Nigeria Reading time: 1 min
Frequently asked about this story
What is this story about? A director in the finance ministry testified about a large withdrawal. The amount in question is N124.86 billion, taken from a consolidated account by the Central Bank of Nigeria. This transaction…
When was this published? This article was first published on October 6, 2026 by Daily Post Nigeria and curated for The Lagos readers.
Who reported this story? This story was reported by Kayode Lawal at Daily Post Nigeria. To learn more about how The Lagos selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more safety coverage from The Lagos, or browse our daily briefing and topic hubs .
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