Friday, 24 January 2014

PRESIDENCY QUERIES CBN GOVERNOR OVER 2012 DONATIONS. Why Now?


PRESIDENCY QUERIES CBN GOVERNOR OVER 2012 DONATIONS. 


The presidency has issued a query to the Central Bank of Nigeria (CBN) Governor, Mallam Sanusi Lamido Sanusi, demanding an explanation for some of the donations the CBN has made under his watch to some universities and organizations BACK IN 2012.


* IS THE TIMING OF THE QUERY RIGHT?
* DO YOU AGREE WITH COMMENTS THAT THE CBN GOV. BECOME MORE OF A SHOWMAN AND POLITICIAN?

According to the presidency official, “The CBN governor has become more of a politician than a banker. He delights in political circus shows in the company of opposition political figures; making statements unbecoming of his office.

“The president has actually been very tolerant of these infractions in line with his personal convictions of allowing institutions operate their own independent checks on officers, but it appears the CBN governor is becoming a law unto himself.”

The recent allegation, in a letter to the president, by the CBN governor that the Nigerian National Petroleum Corporation (NNPC) had not remitted $49.8 billion of crude oil proceeds to the Federation Account, has equally been seen as a deliberate ploy by the CBN governor to portray the federal government in a bad light.

This was seen as part of the larger plan by the opposition to discredit the government ahead of the 2015 general election.

The source said the allegation, which Sanusi later described as an “error”, sent the wrong signals to the international business community about the Nigerian economy and would not have been treated lightly in other climes.

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