Central Bank of Nigeria's (CBN) governor Godwin Emefiele gives a press conference on the naira devaluation during a media briefing in Abuja on June 15, 2016. Nigeria's central bank said today it will ease currency controls and allow the naira to devalue as the country works to attract investment amid a worsening economic outlook. Central Bank of Nigeria (CBN) governor Godwin Emefiele said in a televised speech from Abuja that the currency market will be "purely market driven". / AFP / PHILIP OJISUA (Photo credit should read PHILIP OJISUA/AFP/Getty Images)
The Economic and Financial Crimes Commission, EFCC, has been ordered by an Abuja High Court, to unconditionally release the former Central Bank of Nigeria, CBN, governor, Mr. Godwin Emefiele.
Joined in the suit are the Federal Republic of Nigeria, Attorney General of the Federation, Chairman of EFCC and the EFCC.
Emefiele, was earlier released by the Department for State Service, DSS, after several court orders for his release, was re-arrested by the EFCC.
Trial judge, Justice O. Adeniyi, while ruling on an exparte application by A. Labi-Lawal, counsel to Emefiele, said: “It is, hereby, ordered: Accordingly, the 3rd (AGF) and 4th (EFCC Chairman) respondents are, hereny, ordered to unconditionally release the applicant (Emefiele) from detention forthwith or, in the alternative, produce him in court on a date fixed for hearing of the substantive motion on notice for purpose of being admitted to bail by the court.
“Accordingly, it is hereby further ordered that the motion on notice shall be heard on November 6, 2023, by 1p.m., prompt.
“The instant order, together with the motion on notice, shall be served on the respondents,” the court added.
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