
Osun State Governor, Engr. Rauf Aregbesola, paying obeisance to the Ooni of Ife, Oba Okunade Sijuwade, in his palace
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Former Central Bank of Nigeria governor, Lamido Sanusi, who was in Niger Republic this morning for an official ECOWAS event when his suspension was announced is back in Nigeria, right now in Lagos.
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| Lamido The House of Representatives today rejected President Goodluck Jonathan's suspension of the Central Bank of Nigeria (CBN) Governor, Sanusi Lamido Sanusi. The House took the decision today after adopting a motion on the matter moved by minority whip, Samson Osagie. Osagie argued that Sanusi's suspension was unconstitutional and antithetical to Nigeria's economy coming at the time the CBN governor raised some concerns about missing funds.He said the timing was wrong and Sanusi should not be washed away as he was only carrying out his duties as the chief executive officer of the apex bank. |
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| Bimbo Akinsanya |
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President Goodluck Jonathan on Thursday nominated Mr Godwin Emefiele for the position of Governor of the Central Bank of Nigeria (CBN).
Emefiele, the current Managing Director of Zenith Bank Plc, is to replace Sanusi Lamido Sanusi, who was suspended on Thursday by the president for alleged “financial recklessness and misconduct’’. In a letter to the Senate President, Sen. David Mark, for approval of the nomination, the president said the request was in view of the fact that the tenure of the incumbent would end on June 1.
The letter read in part: “Pursuant to the provisions of section 8(1) and (2) of the CBN Act of 2007, I hereby forward the name of Mr Godwin Emefiele for your kind consideration and confirmation.’’
The president had earlier appointed Dr Sarah Alade, the most senior Deputy Governor in the bank, Acting Governor, pending the confirmation of Emefiele’s nomination. In a separate letter, the president asked the Senate to confirm Mr Adelabu Adekola as a Deputy Governor with CBN.
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