Friday, 21 February 2014

Reps Clash Over CBN Gov’s Suspension

The House of Representatives on Thursday had a rowdy session over the suspension of the Governor of the Central Bank of Nigeria, Sanusi Lamido  Sanusi, by President Goodluck Jonathan, the News Agency of Nigeria reports.

Debate on the suspension of the CBN governor started when the Minority Whip of the House, Samson Osagie (APC-Edo), raised a point of order on the suspension of Sanusi.

According to Osagie, the CBN Act of 2007 as amended does not empower the President or anybody else to suspend the CBN governor. He said section 11 (7) of the Act only empowered the President to remove the governor, subject to the approval of two-third majority of the Senate.

Senate’s spokesman, Enyinnaya  Abaribe, reacting to the suspension, said the President by suspending Sanusi was well within the range of his statutory function as President.
“The President only suspended Sanusi, he did not sack him. So he acted accordingly,” he said.

Source: The Punch

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