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Nigeria: 2023 – I Will Keep My Successor a Secret – Buhari

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President Muhammadu Buhari has said he would not name his favourite candidate to succeed him in 2023.

The president spoke in an interview on Channels Television which aired yesterday.

According to him, he prefers to keep the identity of the candidate to himself as revealing who he is may put hurdles on his path.

Asked what comes to his mind when he hears PDP, the president said; “PDP! Failure!”

When asked, “2023 elections, what comes to mind?”.

The president replied; “It is not my problem!”

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On what he thinks about the youths, the president said, “I wish when they go to school, when they work hard, when they have a degree, they don’t do it thinking the government must give them a job.

“You get educated because an educated person is certainly better than an uneducated one, even in identifying personal problems. So, education is not just to hang on to the government to give you a job.”

The president also stated his readiness to sign the Electoral Act Amendment Bill after the National Assembly makes the necessary adjustments.

He, however, said such changes must include the addition of consensus and indirect primary options to the mode of selecting candidates for elections, as against the initial mandatory direct mode as contained in the bill he declined to sign.

He said, “All I said (is that) there should be options. We must not insist that it has to be direct; it should be consensus and indirect.

“There should be options; you can’t dictate to people and say you are doing democracy. Give them other options so they can make a choice.”

Asked if he would sign if the lawmakers effect the change in that direction, he affirmed, “Yes, I will. I will sign.”

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On the leader of the Indigenous People of Biafra (IPOB), Mazi Nnamdi Kanu, Buhari said he would not intervene to secure his release because that would be interfering with the work of the judiciary.

“There is one institution that I wouldn’t interfere with; that is the judiciary. Kanu’s case is with the judiciary but what I wonder is when Kanu was safely in Europe, abusing this administration and mentioning too many things, I thought he wanted to come and defend himself on the accusations.

“So, we are giving him an opportunity to defend himself in our system, not to be abusing us from Europe as if he was not a Nigerian. Let him come here with us and then criticise us here. Nigerians know that I don’t interfere with the judiciary; let him be listened to.

“But those who are saying that he should be released, no, we cannot release him.”

When asked about the possibility of a political solution, Buhari said, “There is a possibility of a political solution. If people behave themselves, all well and good, but you can’t go to a foreign country and keep on sending incorrect economic and security problems (sic) against our country and thinking that you would not account for what you have been doing. Let him (Kanu) account for what he has been doing.”

President Buhari also insisted that his administration had done so much in tackling the country’s security woes.

“If you ask anybody from the North-east, there were a number of local governments that were in the hands of BH or ISWAP. None of these local governments now are in their control.”

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“Within the last four weeks, there are improvements in the North-east and North-central,” Mr Buhari said.

“Virtually all parts of the country are facing one form of security challenge or the other.”

President Buhari also rejected the notion of state police as the solution to the nation’s mounting security problems, appearing to express fears that it may be abused by state governors.

Responding to a question on the issue, President Buhari said: “State police is not an option. Find out the relationship between local government and the governors. Are the third tier of government getting what they are supposed to get constitutionally? Are they getting it? Let the people in the local government tell you the truth, the fight between local governments and the governor.”

The president advocated a bigger role for traditional rulers in bringing peace to communities as, according to him, the royal fathers know who is who in their localities.

On farmers/herders clashes in the country, the president wondered why there should be such clashes among people that used to coexist peacefully.

He said, “For example, there were two governors that came to see me about problems – Oyo state and one other state – because the herders were in their forests but the animals were going into the neighbouring farms and eating the crops. I said, as far as I know, the farmers and herders have been co-existing in Nigeria for generations.

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“Let them go and ask the local leadership what has gone wrong, why the break in communication between the local leadership and the herders.”

Speaking on the traditional rulers, he said: “The role of traditional rulers must not be undermined, because in their areas they know who is who, even by families, not to even talk of individuals. So, we have to revert to that system for us to have effective security in the localities.”

The president had previously expressed his reservations about the idea of state police.

Asked about his view in an interview in May 2018 about the governor’s demand for state police, he said: “I want the Nigerian Constitution to be consulted first and see what it says. If it says they should be allowed, then they should be allowed but don’t forget, how many times did we have to release money to states in the name of bailouts to enable them to pay salaries?

“How many states are able to pay their workers in time? And you add the police to them? People should look at this matter very well.”

Speaking further on why he was not convinced about the idea, President Buhari added: “No, I am not convinced. We should have solved the current insecurity in the North-east and South-south by now. Can the states shoulder the burden of the police?

“You cannot just give someone guns and ammunition, train him and refuse to pay him; you know what will eventually happen.”

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When asked if he was aware of the numbers of Nigerians who find it difficult to feed on his watch, the president said, “I’m absolutely aware of it, but like I said, look at the vast population of Nigerians, only 2.5 percent of the land is being cultivated. We realised this rather too late, but we have to go back to the land.”

Ayu Faults PMB’s Stand On State Police

Meanwhile, the national chairman of Peoples Democratic Party (PDP) Dr. Iyorchia Ayu has said President Muhammadu Buhari’s insistence that state police is not an option suggests that the security situation in the country may not change.

Ayu also criticised the President for pushing the blame for the incessant killing of farmers by terrorists on locals along grazing routes.

He stated this while responding to Buhari’s interview on Channels Television yesterday evening.

A statement from Ayu’s media office quoted the PDP national chairman as saying: “It appears the continued killings in some localities of Nigeria, particularly in the North, and more specifically in President Buhari’s home state of Katsina may not may not matter, hence, the need to have a security system that feeds on local intelligence and nuances, which the federal police cannot adequately provide, is not an option to our president.”

He went on: “Watching President Muhammadu Buhari on Channels TV during the interview session was a gratuitous waste of time because there was nothing new coming from the president.

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“As has been said by many before now, to expect anything new from our President would be a misplaced and unfortunate expectation.

“From the economy, to insecurity, killing of innocent farmers by terrorists (which some erroneously term farmer/herder clashes) and other sundry issues, President Buhari honoured his calling as a president who has nothing new to offer.

“He again repeated the impotent argument regarding killing of farmers by terrorists, reminding Nigerians of grazing routes.

“Well, what the President failed to reference is that the herders plying the grazing routes before neither carried AK47s, nor did they engage in raping of women and despoilation of the assets of those along the routes.

“Mr President’s position of saying the locals should be asked what went wrong flies in the face of reason and contemporary realities.

“Tied to that but not limited in scope is the issue of insecurity and a re-organisation of the Nigeria Police to accommodate present, peculiar, environmental and social challenges.

He said to the president it appears that continuing the same process while expecting a different output and outcome is the best way to go.

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“We ask, is he comfortable with the killings in the land while the status quo persists?”

The PDP chairman urged Nigerians to remind the President that people evolve and societies evolve, stressing that being trapped in a time capsule of the past about State Police is not an option Nigerians are willing to accept from him.

On the economic front, Ayu said nations of the world who enjoy the benefit of direct foreign investments (DFI) ensure that their countries are safe for investors to pour in their resources.

He added that no amount of propaganda will obviate the realities on ground and which embassies and foreign missions observe.

“Therefore, to ensure that investor confidence is restored, a safe environment must, of necessity, be created.

“Our government is trapped in the mentality of believing its own lies that Nigeria is better today than it was under the PDP.

“To those who share this fallacy, we ask: Would they wish for their lives to be like Nigeria under this present regime? The lives of Nigerians today tell the true story.

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“The more Buhari promises to lift Nigerians out of poverty, the poorer Nigerians become. To further dwell on the entire interview would be to waste valuable time.

“But we implore Nigerians not to relent because hope is on the way and, like one writer said, hope is better served as breakfast and not dinner, as the APC regime of President Buhari is doing, promising El Dorado in the dying days of its tenure,” he said.

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AFRICA

Tanzanian opposition leader returns home after years in exile

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Tanzanian opposition leader and former presidential candidate Tundu Lissu returned home from years of exile in Belgium to a cheering crowd on Wednesday, after the government lifted a ban on political rallies.

A former lawmaker and a fierce critic of the government, Lissu initially left the country to seek treatment abroad after he was shot 16 times, mostly in his lower abdomen, in an attack by unknown gunmen in the administrative capital Dodoma in 2017.

President Samia Suluhu Hassan lifted a ban on political rallies this month, more than six years after her predecessor John Magufuli imposed the measure which caused frequent run-ins between opposition leaders and police.

The move was welcomed by the opposition and it prompted Lissu to announce he would end his exile.

He was welcomed by a large gathering of his supporters at the Julius Nyerere International Airport, before making his way by car to a rally in the commercial capital Dar es Salaam.

Exile had been tough, he told the crowd which was waving his CHADEMA party flags, adding he would push for the enactment of a new constitution.

“Without a new constitution it will be difficult to change anything. Without it we won’t have a free and independent electoral commission,” he said.

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The current constitution vested too much power in the executive, he said, adding it was imperative to push for reforms.

“If you are tired of all these high taxes, high inflation of food… let us find a political solution, let us find a new constitution,” Lissu said.

Lissu, who had been arrested eight times in the year leading up to the gun attack he survived, returned to his homeland in 2020 to challenge Magufuli in an election.

However, shortly after the election he fled to the residence of the German ambassador after receiving death threats, and then left the country again.

Under the ban on rallies, which came into force in 2016, elected politicians were allowed to conduct rallies in their constituencies but other political rallies or protests were prohibited.

Magufuli died in March 2021 due to a heart disease that had plagued him for a decade. Upon ascending to the presidency, Hassan undertook some reforms, including lifting a ban on newspapers deemed critical and opening talks with opposition leaders.

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Nigeria: Federal Govt Sets Up 14-Man Committee to Manage Petroleum Products Supply, Distribution

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In a move to find lasting solution to the disruptions in the supply and distribution of petroleum products in the country, President Muhammadu Buhari has approved the constitution of a 14-man Steering Committee on Petroleum Products Supply and Distribution management, which he will personally chair, the ministry of petroleum resources announced yesterday.

The Steering Committee, which has minister of state for Petroleum Resource, Chief Timipre Sylva as alternate chairman is expected to among other things to ensure transparent and efficient supply and distribution of petroleum products across the country.

Other terms of reference are to ensure national strategic stock management, visibility on the NNPC Limited refineries rehabilitation programme and ensure end-end tracking of petroleum products, especial PMS to ascertain daily national consumption and eliminate smuggling.

To further ensure sanity in the supply and distribution across the value chain, Sylva has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to ensure strict compliance with the government approved ex-depot and retail prices for PMS.

The minister has further directed the NMDPRA to ensure that NNPC Limited, which is the supplier of last resort meets the domestic supply obligation of PMS and other petroleum products in the country.

He further directed that the interests of the ordinary Nigerian is protected from price exploitation on other deregulated products such as AGO and DPK and LPG.

The federal government will not allow misguided elements to bring untold hardship upon the citizenry and attempt to discredit government’s efforts in consolidating the gains made thus far in the oil and gas sector of the economy.

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Other members of the committee are minister of Finance, permanent secretary, Ministry of Petroleum Resources, National Economic Adviser to the President, director-general, Department of State Services (DSS), comptroller-general, Nigerian Customs Service (NCS), chairman, Economic and Financial Crimes Commission Member (EFCC), and commandant-general, Nigerian Security and Civil Defence Corps (NSCDC)

Others who made up the Steering Committee are Authority chief executive, Nigerian Midstream and Member Downstream Petroleum Regulatory Authority (NMDPRA), governor, Central Bank of Nigeria (CBN), group chief executive officer, NNPC Limited, Special Advisor (Special Duties) to the HMSPR while the Technical Advisor (Midstream) to the HMSPR will serve as Secretary.

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Nigeria: SERAP Threatens to Drag Buhari to Court Over Attack On Peter Obi in Katsina

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The Socio-Economic Rights and Accountability Project, SERAP, has asked President Muhammadu Buhari administration to promptly investigate the reported attacks on the Labour Party presidential candidate, Peter Obi, or face a legal battle.

SERAP issued this warning to the government in a statement on Wednesday.

The statement said, “We’ll take legal action if the perpetrators are not immediately arrested and prosecuted.”

Meanwhile, the presidential campaign council of the Labour Party reported that the convoy of Obi was attacked two times in Katsina State on Monday.

A spokesperson for Obi/Datti Presidential Campaign Council Diran Onifade said Obi was attacked by hoodlums on his way to the airport after his rally in Katsina.

According to Onifade, some yet-to-be-identified hoodlums hurled heavy stones at the driver’s side of Obi’s vehicle on his way to the airport.

He said the stone caused heavy damage to the vehicle, though Obi and those in the car with him escaped without sustaining injuries.

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The spokesperson added that another set of hoodlums had earlier attacked the campaign convoy with stones in front of the Katsina stadium.

He said the attack left several vehicles, including that of the official stage crew damaged.

“Our candidate had met with women in a town hall and then held a hugely successful Rally at the Muhammad Dikko Stadium.

“However, on his way to the airport, hoodlums attacked the car our candidate was riding in with heavy stones from his driver’s side causing substantial damage to the vehicle.

“To the glory of God, Mr. Obi and other occupants of the car were unhurt.

“Subsequently another set of thugs also threw stones outside the stadium which damaged several vehicles including that of our official stage crew.

“The two incidents taken together make us suspect that the attacks may have been premeditated at the behest of desperate politicians who had been deluding themselves with the false claim that they had the northwest locked up but are now shocked by the show of force of the Obidient movement in the region.

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“While thanking the good people of Katsina who came out en masse to support our campaign yesterday, we call on security agencies to investigate this matter to forestall future occurrences,” the Campaign Council said.

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Nigeria: Inside the Multi-Million-Dollar Business Dispute Between Emefiele and ‘Brother-in-Law’

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John Omoile, who is demanding $36 million in damages, accuses Mr Emefiele of breach of contract, fraudulent inducement, negligent representation and fraud.

The governor of Nigeria’s central bank, Godwin Emefiele, is embroiled in a multi-million-dollar legal battle that has torn apart a once close family relationship. The legal tussle is separate from the troubles he faces over the handling of his job.

Mr Emefiele recently sneaked out and back to the country to avert the possibility of arrest by the State Security Service (SSS) who accuse him of financing terrorism.

He faces growing criticisms over the policies of the Central Bank of Nigeria (CBN) often blamed for some of the nation’s economic woes and the scarcity of newly introduced currency notes just days before the deadline it set for phasing out the old notes.

As all of these happen, Mr Emefiele quietly grapples with a long-running feud which climaxed in a $36 million suit filed against him by a brother-in-law, John Omoile, in faraway Texas, the United States of America, in 2021.

The legal duel between Mr Emefiele and Mr Omoile is still on at the US District Court in the Northern Texas District.

Mr Omoile is demanding $36 million in damages for the losses he allegedly suffered as a result of the CBN governor’s alleged breach of contract, fraudulent inducement, negligent representation and fraud in course of their business partnerships.

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Apart from tearing apart a familial relationship, the feud has defied the larger family’s interventions, recorded a violation of a settlement agreement, and pitted lawyers engaged by both sides in the US against themselves.

The case has passed through at least five Texas law firms apart from the Nigerian lawyers keeping watch over the Nigerian end of the battle on behalf of the warring parties.

With the case just starting in court for the third time, Mr Omoile has indicated it will cost him $200,000 in attorney’s fees.

Mr Emefiele, too, has complained to the court that it will be extraordinarily burdensome for him to defend himself in the US, where he does not reside.

He has urged the court to dismiss the suit and hold that Nigeria is the appropriate jurisdiction to pursue the case, for reasons including the fact that the settlement agreement which covered all the issues between him and Mr Omoile was signed in Nigeria in 2014.

Background: Emefiele Vs Omoile

Mr Emefiele’s wife, Margaret, and John Omoile, a dual citizen of Nigeria and the US, are cousins raised in their teenage years by an aunt in Agbor, Delta State, South-south Nigeria, according to documents filed in court.

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The bond between them was so strong that they regarded each other as siblings. When Margaret got married to Mr Emefiele, the CBN governor had no difficulty regarding Mr Omoile as his brother-in-law.

Court documents described in compelling detail the rosy past of their family relationship.

Mr Emefiele visited and stayed with Mr Omoile’s family in Texas, US, during some of his vacations. He described how he lavished Mr Omoile with gifts, money, and business opportunities over the years.

Also remembering their once affectionate family relationship, Mr Omoile said of how they “shared homes, spent holidays and family gatherings together, have been close family friends, and as detailed below, became business partners/joint venturers.”

Mr Omoile, on different occasions, helped the Emefieles to buy houses in his neighbourhood in Coppell, Texas.

Drawing from the familial bond, mutual trust and goodwill they had built in each other for decades, their rapport flourished and grew into a business partnership in 2004.

They sent funds to each other for personal investments and joint ventures in Nigeria and in the US.

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But in the unsavoury turn of events, the previously trusted relatives now accuse each other of fraud, greed, deception, and extortion. The CBN governor, who vehemently denied wrongdoing, said the suit currently “is simply another attempt to extort $36 million” from him.

Zenith Bank stock investments

In 2004, Mr Omoile said he paid Mr Emefiele $50,000 for the purchase of an Initial Public Offering (IPO) investment in Zenith Bank in Nigeria, where Mr Emefiele was then an official.

In 2007, Mr Omoile received 200,000 additional shares from Mr Emefiele as a gift.

Mr Emefiele became the managing director of Zenith Bank in 2010 and the governor of the CBN in 2014.

Mr Omoile said he often raised questions but has yet to get an answer about the wide range of issues, including dividends issued, but not paid, the prices at which certain stock shares were supposedly acquired for him, “and the prices at which Defendant Emefiele actually acquired the shares.”

He accused Mr Emefile of continuing to “use his position as former Managing Director and current Governor of the Bank of Nigeria to actively prevent Plaintiff Omoile from getting a full and accurate accounting for his shares.”

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Mr Emefiele and a contentious oil and gas partnership

In a related development, Mr Omoile recalled that in 2007, he, Mr Emefiele and one Pius Oyibo signed a tripartite agreement in Coppell, Texas, to form an oil and gas company on 7 December 2007. The proposed firm, called Noka Energy Nigeria Limited, was to buy, sell and transport petroleum products in Nigeria.

Mr Omoile recalled that he made several trips and several contacts on behalf of the partnership to Houston, the Caribbean, and Nigeria to meet with oil and gas executives.

He recalled Mr Emefiele’s investment into the venture to include $200,000 sent to him for the purchase of 10 truck heads from LKQ in Houston for the partnership.

He said he bought the truck heads, the number not specified, and shipped them to Nigeria, for the business.

He said he would later discover that Mr Emefiele did not incorporate Noka Energy Nigeria Limited as agreed, but instead formed Dummies Oil and Gas for himself.

Real estate business

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In 2006, while the other business discussions between them were going on, they formed a partnership called Rosewood Malcom LLC which would buy, sell and develop real estate properties in the US.

The business plan, according to Mr Omoile, included him taking mortgages in his name for the benefit of the joint venture.

He said profit and loss were to be shared equally between the partners, but that that was not the case eventually.

He said once the joint venture started, profits were shared, however, losses were left for him to bear.

According to him, the venture acquired a property at 7026 W. 43rd Street, Houston Texas, for $141,000.

He also said he took a personal mortgage in his name for $167,000 from Wachovia Bank.

He recalled that as the properties’ market value crashed during the US economic meltdown between 2008 and 2009, he continued to be responsible for the substantial financial burden of mortgage servicing without any help or assistance from Mr Emefiele.

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He added that he purchased a property in 2008 in Coppell with $360,000 sent by Mr Emefiele.

But he said he was bearing the tax liabilities on the properties from his personal business accounts. According to him, the total personal loss he incurred for the real estate partnership and out-of-pocket expenses meant to be paid by Mr Emefiele was at least $500,000.

Mr Emefiele offers defence

Mr Emefiele has yet to formally file a defence to the suit, but his side of the story can be gleaned from the troves of documents he attached as exhibits to his preliminary court filings.

In a letter dated 17 January 2022, Mr Emefiele’s lawyer, Nitor Egbarin, denied the allegations raised in previous ‘legal demand’ letters which Mr Omoile’s lawyer, Donald Kaiser Jr, sent directly to the CBN governor.

In the strongly-worded letter, Mr Egbarin said his client was not involved in the management of Mr Omoile’s Zenith Bank’s shares and could not have blocked access to the records of the investments.

He said the fact that Mr Omoile used the CBN governor’s business address as his contact address for receiving his brokerage account statement “is not a proof that my client had legal responsibility for managing John’s money in the brokerage account.”

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He said his client is no longer the Managing director of Zenith Bank and is not Mr Omoile’s stockbroker.

“Your legal demand must be directed at John to provide you with his Zenith Bank accounts which he opened in Agbor and in Lagos. Proceeds from John’s brokerage account are deposited into John’s bank accounts in Lagos and in Agbor,” the letter read in part.

Also denying his client’s alleged breach of financial obligation to their real estate venture, Mr Egbarin went down memory lane, highlighting Mr Emefiele’s investments in the venture and financial assistance he had rendered to Mr Omoile.

He recalled that in 2006, Mr Omoile took out $200,000, using a pre-signed cheque, from Mr Emefiele’s bank account, and never accounted for the money meant to be used for estate development in Houston.

He said instead of using the money to develop the Houston property, Mr Omoile and his wife, on 17 January 2007, took out a $167,650 construction mortgage with Wachovia Mortgage.

He also recalled Mr Emefiele sent another $40,000 to Mr Omoile in 2009 for the purchase of a second real estate property on the plot next to the first property in Houston.

Tired of the frustrations from the investments, Mr Emefiele, according to his lawyer, decided to stop providing financial support to Mr Omoile in 2012.

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But, the lawyer said, with a settlement agreement the brothers-in-law singed on 26 April 2014, Mr Emefiele agreed to relinquish all his rights in the two properties in Houston to Mr Omoile valued at over $207,650.

He said Mr Emefiele also paid off the Wachovia Mortgage balance of about $155,000.

He said the CBN governor also sent $250,000 requested by Mr Omoile to clear unpaid income tax in 2020.

He said, from 2006 to 2020, Mr Omoile had received at least $645,000 in cash in financial support from Mr Emefiele.

But he did not address the issue of the failed oil and gas business plan.

‘No more free food’

Mr Egbarin’s letter went beyond defending his client. It was an unsparing frenzied personal attack on Mr Omoile and his lawyer.

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The letter describes Mr Emefiele as “a wealthy banker” and former chief executive officer of “the largest bank in Nigeria and West Africa” who has been “a generous donor, benefactor and breadwinner” to Mr Omoile over the years.

The CBN governor, according to the letter, “took care of John (Mr Omoile) as one would do of a brother-in-law,” providing “financial support to John and his wife and his children over the years.”

In a rather demeaning manner highlighting how much the relationship between the in-laws has soured, Mr Egbarin said his client was no longer prepared to continue to feed Mr Omoile. “You should advise John that my client does not wish to continue to feed him. John should pursue other means to make a living rather than continue to shakedown my client for more financial support.”

Turning on Mr Kaiser, Mr Egbarin accused him of incompetence and of having little understanding of the area of law he was handling for Mr Omoile.

He also accused the lawyer of making false claims about Mr Emefiele and of unethical practice by bypassing him to write directly to the CBN governor.

He said Mr Emefiele, on becoming the CBN governor, became a target for a lawsuit in Nigeria engaged by Mr Omoile for “harassment demanding monies for matters that had been settled in the 2014 Settlement Agreement.”

He said the letters of demand sent severally to Mr Emefiele to account for Mr Omoile’s shares is “an attempt to shakedown/extort my client for money.”

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He ended the letter with a devastating salvo to Mr Omoile. “Finally, there is still nothing more my client will do for John. The gravy train has come to a stop.”

Members of the larger family called a series of peace meetings attended by the brothers-in-law to settle their disputes.

The meetings were held in Nigeria. Some of the meetings were also held via Zoom.

They finally reached an agreement in 2014.

With the hope of getting “relief from the mounting debts” resulting from the real estate losses since 2007, Mr Omile said, he signed the agreement with Mr Emefiele on 26 April 2014.

But both sides have accused each other of violating the agreements.

The family also again called a series of Zoom meetings to resolve the disputes in April 2020.

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But in what would be the last straw, according to Mr Omoile, Mr Emefiele declared through his wife, Margaret, who represented him at one of the Zoom meetings, that there was never an intention to form and operate a joint oil and gas firm.

Mr Omoile said he realised then that he had been “induced with false statements and promises” to enter into a partnership with Mr Emefiele. He also said he realised that Mr Emefiele “never intended to follow through with his past promises”.

Unending Legal battle: Emefiele Vs Omoile

With settlement talks over, Mr Omoile took the decision to sue Mr Emefiele after the Zoom meetings in 2020.

In July 2021, he hired a Texas attorney, Kenneth Onyenah, who filed the suit claiming economic and actual damages against Mr Emefiele for the losses he allegedly incurred as a result of the CBN governor’s alleged failure to fulfil his financial obligations to him and their joint ventures.

He filed the suit at the US District Court of the Northern District of Texas.

But shortly after the filing, the lawyer withdrew the suit.

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Mr Omoile said the lawyer withdrew the suit without prior communication or his authority in August 2021.

He added that the lawyer took the step after he was threatened by Mr Emefiele’s lawyer, Mr Egbarin. But Mr Egbarin said the lawyer withdrew the case after realising it had no merit.

Later in 2021, Mr Omoile hired Donald Kaiser Jr. to reopen the case.

On 12 May 2022, Mr Kaiser refiled the suit at the 68th Judicial District Court in Dallas County, Texas.

But following Mr Emefiele’s objection, the suit was removed from the state court “on the basis of diversity jurisdiction” to a federal court, the US District Court of the Northern District of Texas.

A new lawyer named Ewomazino Magbegor is now representing Mr Emefiele following the refiling of the case.

Mr Magbebor is the second lawyer known on record to have defended the CBN governor in the matter in the US. From Mr Egbarin’s letter, the plaintiff, Mr Omoile, has engaged at least three lawyers in respect of the case.

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Mr Emefiele’s new lawyer, in November 2022, filed an application to challenge the service of the suit on the CBN governor through substituted means. He also sought the dismissal of the suit on the grounds that the court lacked jurisdiction on the matter.

The court’s decision on the application will determine the future of the case.

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