A former Director of Research at the CBN has said that Emefiele has presided over a worsening crisis in the banking sector suggesting that he lacks either the authority or the commitment to regulate the banks in the tough and outspoken manner of his predecessor Sanusi Lamido Sanusi...
Initially Jonathan had been planning to appoint a northern candidate to that portfolio but the then Central Bank of Nigeria Governor Sanusi Lamido Sanusi insisted that Adesina a Yoruba from the south-west had the knowledge and experience to kick start Nigeria's 'green revolution'...
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That the idea was voiced by Emefiele will make it no more acceptable to the APC many of whose leaders have been sharply critical of his performance as Governor since he took over the CBN from the widely praised Sanusi Lamido Sanusi last year...
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The governors' defections were followed by a high profile row between Jonathan and Central Bank Governor Sanusi Lamido Sanusi over his claim that some US$20 billion of oil revenue had not been paid into the national accounts...
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The claims last year by Sanusi Lamido Sanusi now Emir of Kano but then CBN Governor that the state's Nigerian National Petroleum Corporation (NNPC) had failed to repatriate tens of billions of dollars to the government account prompted a public row at the heart of government (AC Vol 55 No 4 Oil theft row escalates)...
Vol 55 No 22 |
- WEST AFRICA
It was popular agitation coupled with claims by the former Governor of the Central Bank of Nigeria Sanusi Lamido Sanusi that the state oil company had failed to account for US$40 billion in export revenue that forced President Jonathan to commission a forensic audit of the accounts...
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When he was Governor of the Central Bank of Nigeria (CBN) Sanusi Lamido Sanusi told the Senate that both Talveras and Aiteo were undertaking crude oil swaps for imports of refined products for which there was no audit trail...
In May 2013 Sanusi Lamido Sanusi then Central Bank Governor reported that the programme had cost US$1 billion since it was launched in 2009 under President Umaru Musa Yar'Adua...
Two days later Sanusi Lamido a nephew of the deposed Emir emerged as Emir Muhammadu Sanusi II...
From Abuja the PDP sent a congratulatory note to the palace apparently not believing that the kingmakers would choose its public enemy Lamido Sanusi as the new Emir...
On 8 June Kwankwaso and three kingmakers appointed suspended Central Bank Governor Sanusi Lamido Sanusi as Emir of Kano and the PDP wanted to respond strongly (see Feature Sanusi's political throne)...