Former CBN Governor Emefiele Reacts To Allegation of Financing Terrorism

Former CBN Governor Emefiele Reacts To Allegation of Financing Terrorism

  • Former Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, has reacted to report that he is a terrorism sponsor
  • 64-year-old Emefiele was reacting to media reports naming him among alleged financiers of terrorism in the country
  • Emefiele issued an official statement on Saturday, December 6, 2025, to address the allegation of sponsoring terrosim in Nigeria

Legit.ng journalist Adekunle Dada has over 8 years of experience covering metro, government policy, and international issues

FCT, Abuja - Former Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, has described the allegation of him financing terrorism in the country as mischievous and malicious.

Emefiele stated that “categorically and unequivocally that this claim is entirely fabricated, baseless, and a deliberate attempt to malign my name.

Former CBN governor Godwin Emefiele reacts to allegation of financing terrorism
Former CBN governor Godwin Emefiele denies financing terrorism. Photo credit: CBN
Source: Getty Images

The 64-year-old banker said the claim was to mislead the public, and sow confusion for motives best known only to the publishers and their sponsors.”

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He said the claim is entirely fabricated, baseless, and a deliberate attempt to malign his name.

As reported by Vangaurd, he made this known in a statement issued on Saturday, December 6, 2025.

“Throughout my service to the nation or even in my private life, at no time have I been involved in any activity remotely connected to terrorism, terrorist financing, or any action that threatens the peace and security of our nation.
“I have also never been invited, questioned or investigated on any allegation of terrorism financing. I have also never met or had any interaction with the person who granted that interview."

Emefiele stated this while reacting to media reports naming him among alleged financiers of terrorism in Nigeria.

He urged the public to disregard the publication and the press to refrain from publishing sensational claims without evidence.

Former CBN Governor Godwin Emefiele describes allegation of sponsoring terrorism as mischievous and malicious.
Former CBN Governor Godwin Emefiele rubbishes allegation that he is a terror sponsor. Photo credit: CBN
Source: Facebook

Malami reacts after being fingered as sponsor of terrorists

Recall that former Attorney-General of the Federation and Minister of Justice Abubakar Malami dismissed terror financing claims as baseless and politically motivated.

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List of prominent Nigerians who reacted after they were named in connection to terrorism financing

Malami stated that no security agency ever investigated or invited him over terrorism financing.

He cited key anti-money laundering and terrorism prevention reforms under his tenure during late President Muhammadu buhari's administration.

Read more stories on terrosim sponsors, financiers:

FG to soon expose names of terrorism financiers

Legit.ng also reported that the President Bola Ahmed Tinubu-led federal government said it would soon name and expose those funding terrorism across Nigeria.

Presidential aide Daniel Bwala said the Tinubu government is taking major security decisions alongside global partners as extremist threats shift toward the Sahel.

He assured Nigerians that domestic efforts have intensified, adding that the identities of terror sponsors would be made public in the coming days.

Source: Legit.ng

Authors:
Adekunle Dada avatar

Adekunle Dada (Politics and Current Affairs Editor) Adekunle Dada is a trained journalist with over 8 years of working experience. He is also a Politics/Current Affairs Editor at Legit.ng. He holds a B.Sc. in Mass Communication from Lagos State University, Ojo. Adekunle previously worked at PM News, The Sun, and Within Nigeria, where he expressed his journalistic skills with well-researched articles and features. In 2024, Adekunle obtained a certificate in advanced digital reporting from the Google News Initiative. He can be reached via adekunle.dada@corp.legit.ng.