Godwin Emefiele
Godwin Emefiele

Suspended Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, was today (Tuesday) granted bail by a Federal High Court sitting in Lagos.

He was granted bail in the sum of N20 million and a surety in like sum.

The bail followed a two-count charge of illegal possession of firearm brought against him by the Department of State Services, DSS.

Emefiele’s lawyer, Mr. Joseph Daudu, SAN, had applied for his bail after his client pleaded not guilty to the two-count charge.

Daudu contended that the offence for which Emefiele was changed is bailable.

Emefiele was brought to court at 9.23a.m. in a white Hillux pick-up van, with the number plates covered.

He was then taken to the courtroom of Justice Nicolas Oweibo, trial judge in the matter.