curator
Administrator
LAGOS—The stage is set for a showdown between the Governor, Central Bank of Nigeria, CBN, Mallam Lamido Sanusi and the Presidency over when he will step down from office. Sanusi is insisting he would remain in office till June 2 when his tenure expires.
Sanusi’s insistence on staying in office till June this year followed the storm provoked by President Goodluck Jonathan reportedly ordering him to resign as reported by a national newspaper yesterday over allegedly leaking a letter Sanusi wrote to him (President) claiming that $49.8bn oil revenue was missing.
Sanusi’s position has received support from lawyers who said that the President lacks the constitutional powers to direct the Governor of the Central Bank to resign from office. Most of the lawyers, who spoke to Vanguard, yesterday, maintained that only a two-third majority of the Senate can validly sack the CBN governor from office.
The senators on their part, however, told Vanguard that the President was yet to inform the senate of his decision to remove Sanusi as the CBN Governor.
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Source: Vanguard Newspaper
Sanusi’s insistence on staying in office till June this year followed the storm provoked by President Goodluck Jonathan reportedly ordering him to resign as reported by a national newspaper yesterday over allegedly leaking a letter Sanusi wrote to him (President) claiming that $49.8bn oil revenue was missing.
Sanusi’s position has received support from lawyers who said that the President lacks the constitutional powers to direct the Governor of the Central Bank to resign from office. Most of the lawyers, who spoke to Vanguard, yesterday, maintained that only a two-third majority of the Senate can validly sack the CBN governor from office.
The senators on their part, however, told Vanguard that the President was yet to inform the senate of his decision to remove Sanusi as the CBN Governor.
Click here to read more
Source: Vanguard Newspaper
