Monday, 24 February 2014

Sanusi Suspension, Comments from Nigerians

The  Speaker of the House of  Representatives, Aminu Tambuwal, said on Sunday that the suspension of Mallam  Lamido Sanusi as the governor of the Central Bank of Nigeria could hurt the nation’s economy.

“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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