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PFN Seeks Probe of Emefiele, CBN Governor over Alleged Diversion of Funds for Presidential Ambition

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Godwin Emefiele, CBN governor
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Patriotic Front of Nigeria (PFN), a youth-based civil society group, has called on members of the National Assembly, to as a matter of urgent public importance, investigate cases of financial misappropriation against Mr. Godwin Emefiele, governor of the Central Bank of Nigeria (CBN).

 PFN Seeks Probe of Emefiele, CBN Governor over Alleged Diversion of Funds for Presidential Ambition

Godwin Emefiele, CBN governor

Emefiele, the group alleged, had used the many CBN’s intervention funds for Nigerians in the post-COVID-19 era and other resources of the apex bank, to service his political associates and for his 2023 presidential ambition.

The PFN, in a statement signed by Comrade Tope Badmus, convener, and made available to journalists Monday; alleged that Emefiele was consulting to contest for President.

The group also advised the CBN Governor to “immediately resign” his appointment, so as to protect the image, integrity and sanctity of the apex bank, which should be known for political neutrality and professionalism.

“The Patriotic Front of Nigeria (PFN) has watched with growing concern, the ongoing activities to actualize the presidential ambition of the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, in view of the inherent abuse that has seen him divert CBN’s resources in pursuit of his personal agenda.

“In recent weeks, Emefiele has personalized the apex bank’s resources for organizing political rallies and for questionable donations to political activities that have no bearing on the CBN’s role as a regulator of the financial sector.

“It is most unfortunate that the CBN Governor is now doling out CBN’s funds to political jobbers that are organizing campaigns or other events for him. The practice increased because Mr. Emefiele continues to oblige such requests. While this trend was initially perplexing, it is now clear that Mr. Emefiele’s unethical handling of CBN’s resources is directly linked to his political agenda.

“In addition to this unethical behaviour, all the intervention programmes of the CBN under Mr. Emefiele are conduits for funneling public recourses to politicians, especially in the north, who he is banking on for support. These Emefiele’s political associates in turn use the funds given in the guise of loans to service their political careers by allocating such interventions to their political underlings.

“Laudable programmes that were intended to provide succor to Nigerians and strengthen the economy were hijacked for political patronage by the CBN Governor, who should have been ensuring neutrality in the administration of these programmes.

“In view of the foregoing and the worsening performance of the naira under his watch, PFN hereby calls on Mr. Godwin Emefiele to toe the path of honour by immediately resigning as the Governor of CBN to pursue his political ambition. He cannot continue to imperil the economy with his politicization of an organization that is programmed to run on neutrality and professionalism.

“Also, we demand that the Senate and the House of Representatives investigate Mr. Emefiele’s tenure as CBN Governor to establish the extent to which the institution was converted into the finance department of his presidential campaign organization. The National Assembly must do the needful to succeed in this investigation,” the statement reads.

The group also lamented that the country’s economy has taken a huge hit during the time Emefiele is heading the CBN, but that rather than focus on how to get the economy back on track, the CBN governor is focusing on politics.

It said, “The real tragedy is that Nigeria’s economy has taken hits after hits while Mr. Emefiele focuses on his political sojourn, which he reportedly plans to actualize on the platform of the Peoples Democratic Party (PDP). He has practically abandoned the actual running of the CBN to his pals in the Bankers Committee, which has effectively left economic decisions in the hand of commercial banks that the CBN is meant to regulate”.

The PFN asserted that “the call from the Green Alliance for Mr. Emefiele to contest for president in 2023 elections is the final proof that his continued stay in his current position no longer serves the CBN’s interest, neither does it portend well for Nigeria and Nigerians. He will now increase the use of CBN resources for organizing his presidential political rallies, which is not good for the economy”.

If nothing is done by the National Assembly, the group anticipated “more negative effects from the CBN Governor’s political interest on the economy,” stressing that it would get worse as Emefiele would roll out more unethical policies to curry favours from his associates.

 


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Japan, UNESCO Boost Digital Learning in 15 CoEs with Donation of ICT Equipment

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The Federal Government has received a major boost in its drive to strengthen teacher education and digital learning, as the Government of Japan, through the UNESCO International Institute for Capacity Building in Africa (IICBA), donated ICT equipment and learning materials to 15 teacher training institutions across Nigeria.

Speaking at the official handover ceremony held at the Federal Ministry of Education in Abuja, the Minister of State for Education, Prof. Suwaiba Said Ahmad, described the intervention as a significant contribution to the country’s efforts to improve teacher quality, digital literacy and inclusive education.

She said the donation forms part of a regional initiative launched in 2024 by UNESCO-IICBA, the Government of Japan and the African Union to strengthen teacher training and promote continuous access to safe, quality education for girls in West Africa.

According to the minister, the project, which covers Nigeria, Burkina Faso, Cameroon, Chad, Mali and Mauritania, aligns with the Federal Ministry of Education’s priorities under the Renewed Hope Agenda, particularly in the areas of equity, quality education, digital transformation and inclusion.

“Teachers remain the backbone of every education system. No education reform can succeed without well-trained, motivated and digitally empowered teachers,” Ahmad said, noting that the equipment would modernise teacher training institutions and improve access to digital learning resources.

The beneficiaries comprise 15 federal and state colleges of education spread across Nigeria’s six geo-political zones, including the Federal College of Education, Kontagora; Federal College of Education, Zaria; Federal College of Education (Technical), Gombe; Federal College of Education, Yola; Federal College of Education (Technical), Asaba; Federal College of Education (Special), Oyo.

Others are Federal College of Education (Technical), Umunze; College of Education, Zuba, FCT; Isaac Jasper Boro College of Education; Enugu State College of Education (Technical); Sa’adatu Rimi College of Education, Kano; Adamu Augie College of Education, Argungu; Shehu Shagari College of Education, Sokoto; Adamawa State College of Education, Hong and Taraba State College of Education, Zing.

The donated items include 65 laptop computers, 71 tablets, four desktop computers, five interactive smart boards, 19 all-in-one desktop computers, 14 projectors, 15 printers and 15 backup hard drives.

Ahmad said the facilities would enhance both pre-service and in-service teacher training by promoting innovation, digital competence and learner-centred teaching approaches, while preparing educators for the demands of a technology-driven world.

The event also featured a national consultation on school safety and infrastructure security, with participants discussing strategies for creating safer and more inclusive learning environments.

The minister stressed that safe schools remain critical to achieving quality education, particularly for girls and other vulnerable learners, adding that the ministry would continue to prioritise policies and programmes aimed at strengthening school security.

She further highlighted the ministry’s focus on Technical and Vocational Education and Training (TVET), Science, Technology, Engineering and Mathematics (STEM), girl-child education, quality assurance, data management and digital transformation as key pillars for improving educational outcomes nationwide.

Ahmad also disclosed plans to implement new interventions aimed at empowering female teachers and school leaders in crisis situations through mobile-based learning platforms, as well as programmes designed to integrate out-of-school children into formal education.

She commended UNESCO-IICBA, the Government of Japan, the African Union and other development partners for supporting teacher education in Nigeria and urged beneficiary institutions to utilise the equipment responsibly to improve learning outcomes and build a more resilient education system.

“The equipment will enhance digital literacy among our pre-service teachers and boost the attainment of education goals in Nigeria,” she said.

In their separate remarks, the Director of the UNESCO International Institute for Capacity Building in Africa (IICBA), Dr. Quentin Wodon, and the Chargé d’Affaires of the Embassy of Japan in Nigeria, Hitoshi Kozaki, reaffirmed their commitment to supporting efforts aimed at improving teacher education and expanding access to quality learning opportunities across Nigeria and the West African region.

They noted that the donation of ICT equipment to the beneficiary colleges of education reflects the shared commitment of UNESCO, the Government of Japan and their partners to strengthening the capacity of teacher training institutions, particularly in the area of digital learning.

According to them, equipping teachers with modern technological skills is critical to improving learning outcomes and ensuring that education systems are responsive to the demands of the 21st century.


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African Electric Vehicle Platform Raises $215m to Scale Electric Mobility in Nigeria, Others

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African electric vehicle (EV) platform Spiro has raised $215 million in equity to scale electric mobility and energy infrastructure across the continent.

The funding is backed by institutional investors including Impact Fund Denmark and Equitane.

The investment will accelerate the expansion of Spiro’s battery-swapping network, industrial footprint and next-generation EV infrastructure across high-growth African markets, the company said.

This funding comes as economies in the region aim to reduce dependence on imported fuel, reinforce energy and industrial sovereignty, and modernise urban transport systems.

Driven by rising fuel costs, growing demand for affordable transportation and increasing policy support for clean energy, investors are backing scalable EV platforms poised to support Africa’s next phase of urban and industrial growth.

Building on support from long-standing institutional partners such as the Fund for Export Development in Africa, Spiro’s latest equity round draws capital from Europe and Africa, reflecting growing global confidence in scalable infrastructure-led business models in emerging markets.

With operations in seven African countries—Kenya, Rwanda, Uganda, Togo, Benin, Nigeria and Cameroon—and plans to expand local production and enter new markets such as the Democratic Republic of Congo and Ethiopia, Spiro is building one of Africa’s most advanced EV and battery-swapping ecosystems.

Its industrial footprint includes manufacturing plants in Kenya, Rwanda and Uganda, alongside a battery recycling facility in Nigeria.

“This past year marked a defining strategic milestone for Spiro. Across seven active markets, our deployment of 100,000 electric vehicles and 2,500 smart-swap stations has made sustainable mobility an affordable, everyday reality,” said Gagan Gupta, founder of Spiro and chairman of Equitane.

“Spiro has become a major driver of local industrialisation, value creation and manufacturing across African markets, providing 6,000 sustainable direct and indirect jobs. Supported by our global investors, we are entering our next growth chapter to deliver clean, cost-effective energy and transport alternatives to millions of riders across the continent.”

Lars Bo Bertram, CEO of Impact Fund Denmark, added: “We are investing in Spiro and bringing Danish pension capital into one of Africa’s most promising growth markets because we see potential for significant commercial growth in Spiro and electric mobility across Africa, as well as measurable climate impact. That is exactly the type of investment we want to make.”


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FG Expands Digital Learning Drive, Delivers ICT Equipment to Colleges Across Six Zones

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Federal Government on Tuesday distributed Information and Communication Technology (ICT) equipment and materials to 15 federal and state colleges of education across the country to strengthen teacher training, promote digital literacy and improve access to quality education.

FG Expands Digital Learning Drive, Delivers ICT Equipment to Colleges Across Six Zones

Prof. Suwaiba Ahmad, Minister of State for Education

The intervention was facilitated through support from the Government of Japan and the United Nations Educational, Scientific and Cultural Organisation International Institute for Capacity Building in Africa (UNESCO-IICBA) under the project titled, “Capacity-building of Teachers to Promote Continuous and Inclusive Access to Safe and Quality Education for Girls in West Africa.”

Speaking at the handover ceremony in Abuja, the Minister of State for Education, Prof. Suwaiba Ahmad, described the initiative as a significant contribution to Nigeria’s education sector and one that aligns with the ministry’s strategic priorities.

Ahmad commended UNESCO-IICBA, the Government of Japan and the African Union for launching the regional project in March 2024, saying it reflected a shared commitment to strengthening teacher preparation systems and expanding educational opportunities, particularly for girls.

According to her, the project, which covers Burkina Faso, Cameroon, Chad, Mali, Mauritania and Nigeria, is in line with the Federal Ministry of Education’s priorities under the Renewed Hope Agenda.

“Teachers remain the backbone of every education system. No education reform can succeed without well-trained, motivated and digitally empowered teachers,” she said.

The minister said the ICT resources would enhance both pre-service and in-service teacher training through improved access to digital learning content, innovative teaching methods and learner-centred instructional approaches.

She noted that the beneficiary institutions include Federal College of Education, Kontagora; Federal College of Education, Zaria; Federal College of Education (Technical), Gombe; Federal College of Education, Yola; Federal College of Education (Technical), Asaba; Federal College of Education (Special), Oyo; Federal College of Education (Technical), Umunze; College of Education, Zuba; Isaac Jasper Boro College of Education; Enugu State College of Education (Technical); Sa’adatu Rimi College of Education, Kano; Adamu Augie College of Education, Argungu; Shehu Shagari College of Education, Sokoto; Adamawa State College of Education, Hong; and Taraba State College of Education, Zing.

According to Ahmad, the equipment distributed includes 65 laptop computers, 71 tablets, four desktop computers, five interactive smart boards, 19 all-in-one desktop computers, 14 projectors, 15 printers and 15 backup hard drives.

She added that the event also provided an opportunity to discuss school safety and infrastructure security.

“Safe schools are essential to achieving quality education, especially for girls and vulnerable learners.

“We must continue to ensure that our institutions remain secure, supportive and conducive spaces for teaching and learning,” she said.

The minister reiterated the government’s commitment to Technical and Vocational Education and Training (TVET), Science, Technology, Engineering and Mathematics (STEM), out-of-school children education, girl-child education, quality assurance and digital transformation.

She also disclosed plans for additional interventions aimed at empowering female teachers and school leaders through mobile-based learning platforms and integrating out-of-school children into formal education.

Speaking at the event, Mr Hitoshi Kozaki, Chargé d’Affaires of the Embassy of Japan, reaffirmed his country’s commitment to supporting educational development in Nigeria.

“I want to thank Nigeria for the collaboration that we have had for many years. I really hope that this project makes a difference for the future and the institutions represented here,” he said.

Kozaki said Japan’s partnership with African countries was built on mutual respect and local ownership, stressing that development efforts should be driven by the priorities of beneficiary nations.

He urged the institutions to make effective use of the ICT resources to improve teacher preparation and expand learning opportunities, especially for girls.

Also speaking, the Director of UNESCO-IICBA, Quentin Wodon, commended Nigeria’s commitment to education reforms and active participation in international education programmes.

Wodon stressed the importance of promoting female leadership in schools, noting that studies had shown positive learning outcomes when women occupied leadership positions.

“If there was one thing I would love Nigeria to do, it would be to see whether we could launch some kind of programme to encourage more women to become school leaders. It is really important,” he said.

He added that teachers in Nigeria remained critical to efforts aimed at improving learning outcomes and advancing inclusive education across Africa.


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