“On the implications for the economy; I’m not an economist but I personally feel that it will definitely send wrong signals to investors. This is because you need to have confidence in the financial institutions, particularly the independence of the financial institutions of a country, before investors will consider such a country worthy of their investments.
Also on Sunday, the Serving Overseer of The Latter Rain Assembly, Lagos, Pastor Tunde Bakare, said that the suspension of Sansusi would have negative implications for the nation.
Bakare described Jonathan’s action against the CBN governor as ego-driven and a destructive power game. The cleric warned that Sanusi’s suspension could have negative consequences for the investing public and the nation’s revenue.
Also in Port Harcourt, the Rivers State Governor and Chairman of the Nigerian Governors’ Forum, Mr. Rotimi Amaechi, condemned Sanusi’s suspension, saying Jonathan took the action because he felt that nobody would challenge him.
He said, “You can imagine how President Jonathan announced the sudden removal (suspension) of the CBN governor. He does not have such powers. He knows that nothing will happen and that was why he took that action.
Other comments are begin to flow everyday about the suspension of the former CBN Governor, so what's your own comment about the suspension?
Source: The Punch
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