Emefiele Granted N300 Million Bail by FCT High Court

In a recent development, the High Court of the Federal Capital Territory (FCT) in Maitama has granted bail to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. The court, presided over by Justice Hamza Muazu, ruled on Wednesday, setting the bail amount at N300 million.

Justice Muazu outlined the conditions, requiring Emefiele to produce two sureties with landed property in the Maitama District of the FCT. Notably, Emefiele was not present in court during the proceedings, having been remanded at Kuje Prison in the previous week.

It’s worth mentioning that another FCT High Court had, just two weeks ago, ordered Emefiele’s release in a fundamental human rights suit he filed against the federal government. The current court session has been adjourned until November 28, 2023, marking the scheduled start of the trial.”

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