Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN) has pleaded not guilty to a charge of illegal possession of firearms brought against him.
Emefiele was before the federal high court, Lagos by the Ministry of Justice.
He was arraigned on a two-count charge bordering on unlicensed possession of firearms.
In the first count, Emefiele was accused of possessing a single-barrel shotgun (JOJEFF MAGNUM 8371) without a licence, which is contrary to Section 4 of the Firearms Act, and punishable under Section 27 (1b) of the same Act.
In the second count, the suspended CBN governor 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 (1)(b)(il) of the same Act.
Emefiele was was arrested on June 10 after he was suspended by President Bola Tinubu.