The House Speaks, Says Sanusi's Suspension Illegal, Unconstitutional

 Sanusi Lamido  Sanusi

Speaking on  the dramatic suspension of the Central Bank of Nigeria Governor, Sanusi Lamido Sanusi, the House of Representatives  has  condemned the move by  President  Goodluck  Jonathan, describing it  as illegal and unconstitutional.

This is as the House Minority Leader of Femi Gbajabiamila  expressed dismay at the suspension of  Sanusi, saying  the action  was  an attack on the bank's autonomy and setback for the fight on corruption.

Sanusi to Challenge Removal in Court

Sanusi Lamido Sanusi

We did not expect anything less than for Sanusi to Challenge the government in court. The FG has a fight in its hands for daring to go against Sanusi especially at this time when he has queried the disappearance of about 20billion missing from NNPC account.

In an interview shown by CNBC Africa, the governor spoke on the recent allegations made by the government, his thoughts on the Nigerian economy and the most memorable moment of his tenure.

Watch the video here 

http://www.cnbcafrica.com/video/?bctid=3229108850001

FG ON THE WARPATH as SSS Seize Sanusi's Passport

Sanusi Lamido Sanusi

Gird your loins people. The war drums are beating. Hours after he was suspended by the Federal Government and replaced by Godwin Emeliefie, the former CBN governor, Sanusi Lamido Sanusi had his passport seized by the State Security Service at the Lagos Airport. They have since returned it back to him probably on orders from one Oga at the top. 

Listen people, it gets worse. Expect nothing short of war cos Sanusi is not one to take things lying low. ITS THE WAR OF SUPREMACY

EXCLUSIVE: Police Deploy Sniffer Dogs to Airports

In line with international best practice and his sworn resolve to drastically reduce crime, provide and maintain safety and security of persons, protect vulnerable and critical government infrastructures, reduce possibility of arms smuggling through our Airports and generally bolster the war against terror, the Inspector-General of Police, IGP MD Abubakar, has ordered the immediate deployment of sniffer dogs to the nation’s Airports.

At the official flag off ceremony which took place, Thursday, 20^th February, 2014 at the Nnamdi Azikiwe International Airport, Abuja, the IGP, who was represented by the Deputy Inspector-General of Police in charge of Operations, DIGZuokumor Michael, stated that the  sniffer-dogs will, among other things, be used for detecting explosives, rescue operations, perimeter patrols, patrols of parking lots and the apprehension of offenders resisting or attempting to evade arrest. He charged the dog handlers to respect the fundamental rights of the citizens and also work in collaboration with other security agencies towards providing effective security at the Airports.  The IGP also called for the cooperation of the general public, assuring them that his administration would do all that is necessary to provide them with optimum security.    

In Swift Move, Jonathan Appoints Emefiele as Sanusi's Successor

Mr. Godwin Emefiele

President Goodluck Jonathan Thursday named the Managing Director of Zenith Bank of Nigeria, Mr. Godwin Emefiele, as the next Governor of Central Bank of Nigeria. In a letter addressed to Senate President David Mark and read on the floor of the Senate, Jonathan who urged the parliament to treat the nomination with dispatch, said Emefiele  would replace Mallam Sanusi Lamido Sanusi, whose tenure expires in June.

Finally, FG Suspends Sanusi

Sanusi Lamido Sanusi

The Federal Government this Morning suspended the Central Bank Governor, Mallam Sanusi Lamido  Sanusi.  In a statement by Dr.  Reuben Abati,   Special Adviser to  President  Goodluck Jonathan, the most senior Deputy Governor of the CBN, Dr Sarah Alade,  has been named as the Acting  CBN  Governor.

The statement noted that  Sanusi’s tenure has been characterised by “various acts of financial recklessness and misconduct which are inconsistent with the administration’s vision of a Central Bank propelled by the core values of focused economic management, prudence, transparency and financial discipline”.

The statement addeed that   Jonathan has   ordered that Mallam Sanusi should hand over  to Alade who will serve as Acting Governor until the conclusion of on-going investigations into breaches of enabling laws, due process and mandate of  the CBN.