Skip to content
Spynews Media

Spynews Media

Your number one news and entertainment website

  • Latest News
  • Health
  • Religion
  • Editorial
  • Foreign News
  • Interview
  • Politics
  • Opinion
  • Science and Technology
  • Sports
  • Topical
  • About Us
  • Contact Us
  • Privacy Policy
  • Disclaimer
  • Home
  • Crime
  • Obazee report: Tinubu shuns Dangote over $3.4bn collected from Emefiele without paying naira equivalent.
  • Crime

Obazee report: Tinubu shuns Dangote over $3.4bn collected from Emefiele without paying naira equivalent.

Spynewsmedia November 6, 2023

Aliko Dangote

 

Agency report

 

For billionaire Aliko Dangote, these are not the best of times.

Recall that the President set up a team led by former FRCN boss, Jim Obazee to look into the books of CBN and other organizations.

The Obazee Committee was said to have submitted its interim report to the President some weeks ago and since then, things have not been the same with the head of the Dangote conglomerate.

Villa sources confirmed that he had attempted to see the President about two weeks ago but waited for seven hours and was only able to see the President for between ten to fifteen minutes.

The meeting did not yield the desired result.

Insiders revealed that Obazee findings indicted Dangote for collecting $3.4billion from Emefiele-led CBN and what he paid back was $1.9billion in Naira value leaving an outstanding $1.5billion which he didn’t pay the naira equivalent.

Read Also  Court grants Beautician bail after defrauding a Mechanic the sum 15,000 Ghana Cedis

The President is said to have insisted that the $1.5billion must be paid back. Moreover President is said to be miffed that a Nigerian could collect so much money in hard currency and didn’t pay the Naira equivalent to the coffers of the government.

Since the first encounter did not yield any fruitful result, Dangote was said to have attempted to see the President again, but was not successful. Villa sources revealed that he waited in vain and as he couldn’t see him in the office, he tried to ambush him during the Friday prayers at the Villa mosque where the President had gone for prayers but could only exchange greetings with Tinubu and had to leave after all efforts failed.

According to our source, the President has really been avoiding him because of the implications of compromising the Obazee findings.

Confused and really disturbed, Dangote is said to have reached out to prominent Northern emirs to intercede on his behalf with the President so that he could be given a soft landing.

Read Also  We Know nothing about alleged Killing in Uhie - Obaretin People

Dangote has never hidden his relationship with Emefiele while the latter presided over the CBN.

At a point during the official commissioning of his refinery in Lagos, he told everyone present, including the then President that the refinery would not be standing but for Emefiele’s support.

 

NAN

About Author

Spynewsmedia

See author's posts

Tags: #CBN #Dangote #ObazeeReport

Post navigation

Previous Jonathan and Naval Yacht: Ignore Mischief Makers, says Niboro.
Next Obazee report: Tinubu shuns Dangote over $3.4bn collected from Emefiele without paying naira equivalent.

Related Stories

CAC bandits attack: Eruku youths accuse police of complicity 
  • Crime

CAC bandits attack: Eruku youths accuse police of complicity 

November 20, 2025
Groups call for transparent investigation of illegal importation of arms to Warri
  • Crime

Groups call for transparent investigation of illegal importation of arms to Warri

May 6, 2025
VGN member kills student of Ogwashi-uku poly in cold blood.
  • Crime

VGN member kills student of Ogwashi-uku poly in cold blood.

May 2, 2025

Connect with Us

  • Facebook
  • Twitter
  • WhatsApp

You may have missed

Old students of St Joseph’s College Ozoro defeat in-school-students 2-0 in a novelty match
  • Education

Old students of St Joseph’s College Ozoro defeat in-school-students 2-0 in a novelty match

December 12, 2025
Oborevwori challenges politicians on honest service to the people
  • Education

Oborevwori challenges politicians on honest service to the people

December 12, 2025
Oborevwori reiterates support for Literary Excellence at Lagos Book Presentation
  • Religion

Oborevwori reiterates support for Literary Excellence at Lagos Book Presentation

December 8, 2025
Oborevwori’s wife inaugurates Cottage Hospital In Ughelli
  • Health

Oborevwori’s wife inaugurates Cottage Hospital In Ughelli

December 3, 2025
  • About Us
  • Contact Us
  • Privacy Policy
  • Disclaimer
  • Facebook
  • Twitter
  • WhatsApp
Copyright © All rights reserved. | DarkNews by AF themes.