Court grants Emefiele N20m bail

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The Federal High Court in Lagos State on Tuesday granted bail to Godwin Emefiele, the Central Bank of Nigeria’s suspended governor, in the amount of N20 million with one surety in the same amount.

After entering a not guilty plea to the two counts relating to the alleged illegal possession of firearms and ammunition, he was given bail.

The Federal Ministry of Justice has filed two counts of illegal possession of firearms and ammunition against Emefiele before the temporary court, Justice Nicholas Oweibo.

Having a single-barrelled shotgun (JOJEFF MAGNUM 8371) without a permit is a charge the ministry of justice is bringing against him.

A second charge against him is being in unlawful possession of 23 cartridges of live ammunition.

On June 15, 2023, the defendant committed the crimes at No. 3b Iru Close in the Ikoyi neighbourhood of Lagos.

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