The suspended Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, has pleaded ‘not guilty’ before the Federal High Court, Lagos, to a charge of illegal possession of firearms brought against him by the Ministry of Justice.

He was arraigned today on a two-count charge bordering on unlicensed possession of firearms.

In the first count, the suspended CBN Governor was accused of possessing a single-barrel shotgun without a licence, which is contrary to Section 4 of the Firearms Act, and punishable under Section 27 sub-section 1b of the same Act.

In the second count, Emefiele is accused of having in his possession 123 rounds of live ammunition, cartridges without a licence, which is contrary to Section 8 of the Firearms Act and punishable under Section 27 of the same Act.

The former CBN governor was arrested on June 10 after he was suspended by President Bola Ahmed Tinubu.

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