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Missing $49 Billion:”CBN Governor Sanusi Lamido Must Resign” – Anti Corruption Group

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Missing $49 Billion:”CBN Governor Sanusi Lamido Must Resign” – Anti Corruption Group

sanusi lamido missing 49 billion

January 24, 2014 – Missing $49 Billion From National Treasury:”CBN Governor Sanusi Lamido Must Resign” – Nigerian Anti Corruption Group

A coalition of civil society organisations in Abuja, Centre for Conscious Living Against Corruption in Nigeria, has called for the resignation of the Governor of Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi  over what it described as incessant violations of ethics of public conduct, fiscal responsibility and due diligence in the discharge of his duties as the chief banker of the nation.

Spokesman for the Centre, Dr. Gabriel Nwambu, who spoke at a press conference in Abuja, cited some donations made by the CBN governor as well as untrue statements allegedly made by him as constituting acts of abuse of office and negligence.

Some of the donations allegedly made by the CBN governor for which the coalition seeks his exit include the donation of N4 billion to Bayero University, Kano; N10 billion to Uthman Dan Fodio University, Sokoto; N135 million to Niger and Kano states; N500 million to University of Benin.

Nwambu said: “2 sub sections a-e of the CBN Act (2007) clearly spells out the functions of the bank as: (a) ensure monetary and price stability (b) issue legal tender currency in Nigeria;

(c) maintain external reserves to safeguard the international value of the legal tender currency;

(d) promote a sound financial system in Nigeria and (e) act as banker and provide economic and financial advice to the Federal Government.

“In view of the clearly spelt out functions of the CBN in the legal instrument that set it up, it is clearly illegal and unlawful for Mallam Sanusi Lamido Sanusi to have paid out public funds as donations in the stated manner.”

Also citing the recent allegation by the CBN governor that $49 billion was missing from the national treasury, a claim which Sanusi later described as an error, the non-governmental organisation said Mallam Sanusi displayed gross incompetence  which was unbecoming of a person of his status.

In the words of the coalition spokesperson: “Such an ‘error’ (if it was indeed one), should never have come from a CBN governor worth his salt! It was the expectation of most Nigerians that Mallam Sanusi would have done the needful by honourably tendering his resignation letter upon the occurrence of such a major mischievous statement capable of running down Nigeria’s economic standing in the eyes of the international business community.

“ It is in the light of these developments and in our utmost desire to protect the integrity of the nation’s apex bank that we demand that Mallam Sanusi Lamido Sanusi should immediately tender his resignation as governor of the Central Bank of Nigeria.”




  1. John Abdul

    January 24, 2014 at 5:14 AM

    Someone pls kick ths modafuka out of CBN. He is a big burden to the country

  2. mulikat

    January 24, 2014 at 6:33 AM

    see the way he share money in billions to only northern part of nigeria, the only place he gave in south is benin university with 500,miilion not billion,let him go away, who know hwo many billions he give himself,family,friends and galfriends.when majority of nigeroa are poor children finish school no job,and that same north crying for no money from oil, cos all this money he share to northern nigeria is from oil and port in lagos.

  3. Olaniyan

    January 24, 2014 at 8:30 AM

    Let Hon. Patric explain this man in a sentence.

  4. davien

    January 24, 2014 at 9:29 AM

    hahahahahaha my estimations are always correct….no matter who you put there the result is the same because you all have the mindset to enjoy yourselves when your at the top,lets see 270 million dollars from EU to nigeria on the line,160 million from US,170 from canada and 49 billion=????

  5. parrot

    January 24, 2014 at 9:38 AM

    no be only am, all deze political animals shuld get dia fat dopey a**** out of our govt….I feel a storm coming diz yr, a bad moon on the rise…

  6. Jessica

    January 24, 2014 at 10:36 AM

    Let the cattle rearer go n continue rearing his cow in sahara desert where he belong. Corruption personified.œ

  7. esther eke

    January 24, 2014 at 11:40 AM

    lt hm lve by 4ce.

  8. red

    January 24, 2014 at 12:01 PM


  9. Desaia

    January 24, 2014 at 3:50 PM

    Chai Nigeria is finished.
    Look @ da highway robber kind, in power for Nigerie.
    Den how can Nigeria survive all dis bleeds,and stil live fyn???
    Which Miracle?
    God Ur watching

  10. Engr iyke

    January 24, 2014 at 3:59 PM

    I dont know why he is still in that office , he wears controversy like cloth ,u think u can islamise nigeria .

  11. DILO

    January 24, 2014 at 4:10 PM

    i hope u got my msg; pls i want to hear u @RED

  12. Uncle K

    January 24, 2014 at 4:41 PM

    If all these allegations has facts to behold,then the Mallam has to apologize to Cecilia Ibru and every other southerners bank directors he humiliated before being sent to KIRIKIRI MAXIMUM PRISON.If being tortured,he will confess to how much has giving to BOKO you can add ARAM if you reason the same like me. HAUSA CCOW

  13. Yanky

    January 24, 2014 at 5:13 PM

    This DAVIEN of a gay animal is sick in the head. We have warmed you several times to stop interacting on this platform yet your stupidity and frustration on gay ban would not let you. Rubishhhhh….

  14. Niga

    January 24, 2014 at 5:39 PM

    To accused cbn gvn all of you u d mad

  15. Factual

    January 24, 2014 at 8:08 PM

    This man is thinking that if anyone tries remove him he will activate his involvement in Boko Haram sponsorship and ask them to create more havoc? He should be sent out office sharply jor. Imagine o, he ordered that higher denominations like N1000 be left in the south and N50s, N100s and N200s be taken to the north. What about his girlfriend he imposed on the bank he managed before? Now that things did not go well with them, he refused to approve her appointment as a Group Head. SLS (as he is fondly called) is very corrupt oooo. E mu un daadaa.

  16. red

    January 25, 2014 at 2:54 AM

    I did DILO,I will get to you right away.sorry for the delay.

  17. davien

    January 25, 2014 at 3:26 AM

    Did i mention gay ban@yanki or has your obsession with me driven you into a delusionary state???

  18. davien

    January 25, 2014 at 3:28 AM

    Did i mention gay ban@yanki or has your obsession with me driven you into a delusionary state??? yanki…go and make use of your cerebrum…

  19. DILO

    January 25, 2014 at 5:50 PM

    Hi red; i only want to talk wit u. i see u to be an inteligent Person… beside i am a very person:

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