Naira redesign: Court admits more exhibits against Emefiele

Godwin Emefiele

A Federal Capital Territory High Court in Abuja on Monday admitted additional exhibits tendered by the Economic and Financial Crimes Commission (EFCC) in the trial of former Central Bank of Nigeria governor Godwin Emefiele over the alleged unlawful redesign of the naira.

Justice Maryanne Anineh admitted certified copies of newspaper publications presented by the prosecution during proceedings at the Maitama division of the court.

The exhibits were tendered through the eighth prosecution witness, Jegede Oluwasegun, an official of the National Library.

The documents included certified copies of reports published by The Punch, ThisDay, Vanguard, Daily Sun and The Nation, alongside receipts issued for the purchase of the newspapers.

Prosecution counsel Rotimi Oyedepo told the court the documents were presented in response to a motion filed by the defence on March 31, 2026, requesting the prosecution to produce all press releases and newspaper publications relating to the alleged unlawful act.

The exhibits were admitted without objection from defence counsel Olalekan Ojo.

During cross-examination, the witness told the court that his responsibilities at the National Library were limited to attending to readers’ information requests and certifying newspaper documents.

He said he neither authored the publications nor had knowledge of the contents beyond the certification process.

“My duty was simply to certify newspapers,” the witness said.

Emefiele is being prosecuted by the EFCC on a four-count charge bordering on the alleged unlawful printing and redesign of Nigeria’s naira notes.

The naira redesign policy introduced by the Central Bank of Nigeria in 2022 led to a severe cash shortage across the country, sparking protests, long queues at banks and legal challenges before the Supreme Court.

The former central bank governor has denied wrongdoing in the various corruption-related cases instituted against him since his suspension from office in 2023.

Join Our Channels