• Home
  • Advertisement
  • Contact Us
  • Privacy & Policy
  • Other Links
Tuesday, July 1, 2025
  • Login
  • Register
9Ja Spectators
  • Home
  • Politics
  • Business
  • Education
  • Entertainment
  • Life
  • Tech
  • World News
No Result
View All Result
9Ja Spectators
  • Home
  • Politics
  • Business
  • Education
  • Entertainment
  • Life
  • Tech
  • World News
No Result
View All Result
9Ja Spectators
No Result
View All Result
Home Politics

Emefiele reportedly released N500M new notes to Labour Party to win Lagos governorship election

Reporter by Reporter
in Politics
Reading Time: 2 mins read
A A
0
Emefiele reportedly released N500M new notes to Labour Party to win Lagos governorship election
152
SHARES
Share on FacebookShare on TwitterShare on WhatsAppShare on Telegram

Central Bank of Nigeria (CBN) Governor Godwin Emefiele is reportedly playing his “last card” in the closing chapter of the high-stake power-play that has embroiled Nigeria in the past six months.

It was gathered that the CBN head is resolved to influence the outcome of the March 18 governorship election in Lagos State in opposition to the ruling All Progressives Congress, despite disobeying the Supreme Court’s judgement that the old N500 and N1000 notes remain legal cash until December 31. (APC).

According to sources, the apex bank distributed N500 million in new bank notes Friday night to support the Labour Party’s (LP) campaign in the state.

RelatedPosts

Awaiting trial: NSC tells judges to use non-custodial sentences for less serious offences

Makinde Turning Oyo into 24-Hour Economy – Hoteliers Association President, Ogundele (VIDEO)

66 Out of 120 Failed DNA Tests, MKO Abiola’s Son Reveals

The economic hub of Nigeria is Lagos, which is also Asiwaju Bola Ahmed Tinubu’s political base. According to The Nation.
When its candidate, Peter Obi, garnered 582,454 votes against Tinubu’s APC’s 577,606 votes in the state’s presidential elections on February 25, the LP pulled off an upset.

It was discovered that high-level CBN agents in Lagos were responsible for mobilizing the N500 million windfall. “Oga’s personal contribution to the seizure of Lagos from Tinubu’s influence, now that he has become the president-elect and would be relocating to Abuja,” was how it was portrayed.

In spite of a Supreme Court order from March 3 mandating the revalidation of the N200, N500, and N1,000 notes until December 31, 2023, the latest secret cash largesse to the LP candidate’s campaign comes at a time when many Nigerians groan under acute cash shortage as they daily wait in endless lines at banking halls and ATM centers across the country without being able to access their savings.

The LP is also said to have received $2 million in cash from a well-known retired millionaire general from the North in addition to Emefiele’s N500 million in cash.

Under the condition that Obi would “defend my commercial” interests, particularly in the oil and gas industry, the aforementioned general had publicly endorsed Obi.

After Tinubu’s selection as the next president-elect by the Independent National Electoral Commission (INEC), the businessman was reportedly shocked.
In order to compete “dollar for dollar” with the APC candidate in the Lagos elections, money has been provided for LP.

The millionaire General is well-known for being one among the “group of five generals” that colluded with others to do whatever they could to prevent the results of the presidential election from being announced when it became obvious that Tinubu was likely to win handily. According to The Nation.

As a resident of Lagos who has recently finished construction on a new home estimated to be worth $25 million, his most recent “investment” in Rhodes-Vivour is reported to be a “emotional last dice” intended to preserve his astonishment.

Tags: 9jaspectatorsEmefiele released N500M new notes to Labour Party to campaign in LagosLagos 2023 governorship electionspectatorsng
Previous Post

Pay us our money for voting you during last election — voters in Ikorodu tell APC (VIDEO)

Next Post

Gov. Makinde removes his name from Mosque following community critism (PHOTOS)

Related Posts

I Gave IBB Special Shoes, Rings, and Necklaces for Protection While in Power – Satguru Maharaj Ji
Politics

I Gave IBB Special Shoes, Rings, and Necklaces for Protection While in Power – Satguru Maharaj Ji

by Reporter
Makinde is Pragmatic, Focused on Development – Maye Olubadan, Lekan Alabi (VIDEO)
Politics

Makinde is Pragmatic, Focused on Development – Maye Olubadan, Lekan Alabi (VIDEO)

by Reporter
Makinde is a Promise Keeper – Ex-APC Guber Aspirant, Niyi Akintola (VIDEO)
Politics

Makinde is a Promise Keeper – Ex-APC Guber Aspirant, Niyi Akintola (VIDEO)

by Reporter
Next Post
Gov. Makinde removes his name from Mosque following community critism (PHOTOS)

Gov. Makinde removes his name from Mosque following community critism (PHOTOS)

Leave a ReplyCancel reply

Criminologists, others converge on Abuja to discuss the reformation of Nigeria’s Correctional Service

Awaiting trial: NSC tells judges to use non-custodial sentences for less serious offences

by Reporter
0

…….as CGC advocates co-location of courts and custodial facilities The President, Nigeria Society for Criminology (NSC), Professor Oludayo Tade on...

Makinde Turning Oyo into 24-Hour Economy – Hoteliers Association President, Ogundele (VIDEO)

Makinde Turning Oyo into 24-Hour Economy – Hoteliers Association President, Ogundele (VIDEO)

by Reporter
0

The President of the Hoteliers Association of Oyo State, Mr Ayodele Ogundele, has commended Governor ‘Seyi Makinde for transforming Oyo...

66 Out of 120 Failed DNA Tests, MKO Abiola’s Son Reveals

66 Out of 120 Failed DNA Tests, MKO Abiola’s Son Reveals

by Reporter
0

Olalekan Abiola, son of the late Chief Moshood Kashimawo Olawale Abiola (MKO Abiola), has revealed that 66 out of 120...

Makinde Announces Key Appointments to Civil Service Commission, Advisory Council

2027: Oyo PDP Ward Chairmen Declare Unwavering Support for Governor Makinde

by Reporter
0

Ward Chairmen of the Peoples Democratic Party (PDP) across Oyo State have declared their full and unwavering support for Governor...

No Result
View All Result
  • Home
  • Politics
  • Business
  • Education
  • Entertainment
  • Life
  • Tech
  • World News

© 2023 SpectatorsNG

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In