Emefiele Files N25 Billion Suit Against Akpabio Over Defamatory Statement

The Senate President accused Emefiele of being responsible for the widespread hunger and economic hardship faced by Nigerians today.

Adoga Stephen By Adoga Stephen - Editor-In-Chief
1 Min Read

The former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is seeking N25 billion in damages from Senate President Godswill Akpabio for making defamatory statements against him.

Emefiele has taken legal action in response to Akpabio’s critical comments, which accused him of various charges and economic mismanagement during his time at the CBN.

Akpabio made the allegations through a statement on Sunday, claiming that Emefiele was involved in illegal possession of firearms and unauthorized printing of Naira notes, which he believes have contributed to Nigeria’s current economic challenges.

The Senate President accused Emefiele of being responsible for the widespread hunger and economic hardship faced by Nigerians today.

Akpabio’s comments highlighted President Bola Tinubu‘s administration’s commitment to fixing the alleged damages caused by the past administration, with a focus on ensuring national stability and food security for all Nigerians.

In a legal notice dated February 19, Emefiele’s counsel, Matthew Burkaa, outlined the demands of the former CBN Governor.

The notice requires Akpabio to compensate Emefiele with N25 billion and issue a public apology for the defamatory remarks.

If these demands are not met, Emefiele will pursue further legal action to seek redress.

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By Adoga Stephen Editor-In-Chief
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Stephen studied Mass Communication at the Lagos State Polytechnic, Ikorodu (now Lagos State University of Science and Technology), where he acquired requisite training for the practice of journalism. He loves the media, and his interest mostly lies in print medium, where his creative writing skill makes him a perfect fit.