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“President Jonathan Can’t Sack Me”- CBN Governor Sanusi Lamido Boasts

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“President Jonathan Can’t Sack Me”- CBN Governor Sanusi Lamido Boasts

president jonathan sack cbn governor

January 10, 2014 – “President Jonathan Can’t Sack Me”- CBN Governor Sanusi Lamido Boasts

Mallam Sanusi Lamido Sanusi, the current Governor of The Central Bank of Nigeria has spoken against President Jonathan’s attempt to force him out of office before his tenure expires on June 2nd, 2014.

CBN sources confirmed that Sanusi has made up his mind to resist any attempt to force him out of office before June 2 when his tenure expires.

This position was further confirmed by the CBN’s spokesman, Mr. Ugo Okoroafor. According to him, Mallam Sanusi told members of the management at a meeting on Wednesday that he would be in office till  June and did not even indicate that he might proceed on any terminal leave before completing his tenure.

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, yesterday, maintained that only a two-third majority of the Senate can validly sack the CBN governor from office.

If the former CBN Governor Charles Soludo was sacked by the then head of state, what gave Sanusi an impression that President Jonathan can’t sack him?

36 Comments

36 Comments

  1. Damien Njoku

    January 10, 2014 at 2:58 AM

    The governor of the CBN made a grievous mistake by revealing to the press the contents of his confidential letter to Mr.President. It is a gross misconduct demeaning to the governor’s credibility. Regarding whether Mr. President has the power to remove the governor from office, I believe he has the power to do so, provided due process is followed.

    • ade

      January 10, 2014 at 8:27 AM

      the cbn governor has said he did not leak the letter, it will interest you to note that the letter was written in September 2013 and became public document in November 2013, after the president himself had circulated it to the various ministries and MDA like the NNPC for their input.

  2. Sack Stella Oduah 1st

    January 10, 2014 at 2:59 AM

    The President should sack Oduah first, then go to the senate to ask for his removal, because it was in front of the same senate that Sanusi back tracked on the missing $50bn, thus eroding his credibility and embarrassing the whole nation.

  3. Edward

    January 10, 2014 at 3:01 AM

    If there is one person that should be resigning, definitely not the governor of the Central Bank, that person is President Goodluck Ebele Azikiwe Jonathan for gross incompetency. treasury looting, political and economic insensitivities for the plight of Nigerians, insecurity of life and property, impunity and reign of terror, wickedness and divisive tendencies, cruelty and misuse of Nigeria police, intimidation and harassment of River state governor, economic wastage and lack of accountability, corruption of the judiciary and total lack of respect for the judicial. In fact, the sins of Jonathan against the people are many and Nigerians would not fully appreciate the enormous disservice of this man until he leaves power. I won’t be surprised if Jonathan is arrested, prosecuted and jailed after his tenure for his atrocities.

  4. Charles Soludo not sacked

    January 10, 2014 at 3:02 AM

    Soludo was not sacked before the end of his tenure rather, soludo’s tenure ended and was not renewed. He could have been given a second term in office but the president chose to use the sole prerogative he had, not to reappoint him. Hence, the appointment of Sanusi. While the law gives right to the president to appoint whomsoever he pleases, as CBN governor, the same law says the appointed person cannot be unilaterally removed by the president, without the backing of two-thirds majority of the senate. I think Sanusi just played smart by using using that constitutional provision to his advantage. What the president can do is to get the senate to rally behind him, get two-thirds majority, and Sanusi would be gone legally. But i doubt if the president enjoys that level of popularity amongst senate members neither does he appear to have the political dexterity to win them over to his side.

    As things stand now, a few things can happen.The president can either keep quiet and allow Sanusi to have his way till June 2014 when his tenure legally expires(but that would have been a terrible embarrassment to the president), or develop some serious political sagacity to win senators to his side and achieve his aim ‘legally’, or wait patiently in hope that some ’eminent’ Nigerians and individual of status can prevail on him to resign honourably, or worst case scenario, play dirty, using presidential powers and state apparatus to achieve his aim (but that may have some consequences). Time will tell.

    • Sanusi dares jonathan

      January 10, 2014 at 3:02 AM

      The president has no power to sack the CBN Governor? says who? by the way, who sack Soludo before the expiration of his tenure? Mr. Sanusi wants to take the president for a ride because he is a simple a minded person who believed in equity, fairness and rule of law , but I will only advice President Jonathan to act now to save his office from looming danger, also to prove a point to all these Charge and Bell Lawyers, because time cometh when they will tell him not to open his office until he got approved of the senate.

  5. Sack d mallam

    January 10, 2014 at 3:03 AM

    The president should sack this controversial malam who is running our central bank with degree in Islamic studies.He has been a major embarrassment to many.He wants to be the emir of Kano, let him go there.

    • sack d mallam

      January 10, 2014 at 12:19 PM

      i support u, dis mallam will perform beta as EMIR OF KANO OR BAUCHI shameless idiot.

  6. Jigawa North

    January 10, 2014 at 3:04 AM

    What an insult to the President Jonathan pls let him fire this loosed man. He thinks he has all the power to rule unchallenged
    I challenge u Jonathan to sack this bastard

  7. Ellis

    January 10, 2014 at 3:05 AM

    The president can fire the CBN gov if he reasonably believes it is in the best interest of the country. And I think it is in the best interest of this country that mr sanusi resigns or be fired, for mischievously seeking a political point against the office of the president.

  8. Williams

    January 10, 2014 at 3:05 AM

    Can this man try this nonsense under OBJ? NEVER
    GEJ, this is a showdown between your office and the of the CBN. So this is the time you will define who is ruling Nigeria…either you as the President and C in C or Madam Patience. Or you as only the President while Madam Patience is the C in C.

    • Egbewah

      January 10, 2014 at 3:06 AM

      Many nonsense JOnathan is doing can never be tried under OBJ? Can oduah tried that nonsense with OBJ? Can BH tried the nonsense with OBJ? Jonathan is like a soft drink. Can you imagine OBJ allocating #14M to buy two cows? All these could only happen under JOnathan. lol. Some people even say OBJ is evil for Odi community because they killed soldiers. I tell them you go kill American soldiers, then wait and see what will happen to the whole community. At list OBJ was merciful that he seperated the children and women from the killings. American would have slaughter anyone on sight.

  9. Obinna Johnson

    January 10, 2014 at 3:08 AM

    I agree with all of you with the exception that Jonathan can sack this guy without wasting time but he is not a tough man.
    Sanusi is taking advantage of Jonathan’s lack of toughness.

  10. JImoh

    January 10, 2014 at 3:10 AM

    Truth is bitter but is the right way to save our dear country, please Mr President follow due process

  11. funbi

    January 10, 2014 at 3:11 AM

    The truth must be told that Mr. President himself came to the office through a supposed due process and should also act within the ambits of the law of the land in seeking the removal of the CBN Governor. I don’t think Jonathan should embark on illegality after coercing Sanusi to recant on the theft of $49.8 billion and reduce same to $12 billion.

  12. Chris

    January 10, 2014 at 3:11 AM

    Central Bank of Nigeria under Sanusi has violated it own Act by failing to come up with its 2012 audited accts – the first time since the bank’s establishment. Sanusi’s leaking of his letter and one on discussion with Mr President was an act of gross misconduct which is a ground for removal under CBN Act. Third, the untruth in the bizarre allegations in the letter itself attests to Sanusi’s misfit for the office he occupies.

  13. Emeka

    January 10, 2014 at 3:11 AM

    GEJ, pls explain where u kept d money instead of asking d guvnor 2 go & he is not going anywhere til June. U re a toothless bulldog.

  14. Concerned

    January 10, 2014 at 3:12 AM

    GEJ jst follow due process as usuall & remove the talkative (SLS) shikenan.

  15. Mahanta

    January 10, 2014 at 3:12 AM

    GEJ has vindicated those that said, he the president has OK corruption, aiding corruption. GEJ ridicule himself before the whole world by asking Sanusi to resign. is this how GEJ is fighting corruption? is this his kind of war against corruption? GEJ forgot that SANUSI is not from the south, that can be easily intimidated or bull. I don’t think GEJ would still give third term a shot with the new dancing steps of his. I really admire the president war against corruption. fight those that won’t allow corruption to reign. wonders shall never end. the content of the letter doesn’t mean any thing to the president, but the letter.

  16. NaNaija

    January 10, 2014 at 3:13 AM

    Nigeria is already the butt of all jokes in the economic world when the country’s Reserve Bank chief demonstrated incompetence in his failings to understand simple bookkeeping principles. What was the hurry to report unreconciled remittance numbers if not to score cheap political capital while ridiculing the poor guy in Aso Rock? Did Sanusi need any goading to vacate his office with any little honor left for him? He should be ashamed of himself! But it’s common knowledge that shame doesn’t faze anybody in the country, big or small. Educated or not!

  17. Gentle

    January 10, 2014 at 6:01 AM

    President GEJ, sacking the CBN Governor those not make anychange. Sanusi, is a religious fanatic and hates, a christian presidenat dat is all, God bless nigeria!!

  18. blinkz

    January 10, 2014 at 6:06 AM

    na wa oooooooooo na moni dey worry dis kind man

  19. Akin

    January 10, 2014 at 7:24 AM

    As much as I dislike d actions of Sanusi Post Banking reforms. Pres. Jonathan isn’t getting my sypathy either. Remember when d National Assembly advised him to Sack SECOND. Oteh? Think of Diezani, and Oduah.I believe he wouldn’t contemplate d idea, he never listens to NAS. Why would they listen to him?

  20. jerry

    January 10, 2014 at 7:33 AM

    because the governor blew the whistle on missing money he is the be sacked?

  21. Ben

    January 10, 2014 at 7:47 AM

    GEJ, dat Aboki man must b sack else it shows dat anybdy can ride u, dnt allow dis ABOKI man 2ride u

  22. mulikat

    January 10, 2014 at 8:08 AM

    49.8 billion dollar of oil money missing, and Mr Bad luck President want to sack him,stay mallam sanusi till your time 2nd June,by then try as possible to show Nigeria who and who take the money, nigeria is only for few in ruleing class and their family along, we are over 170 million in so call Nigeria,where few thief with pen and walk free as a millionier in str.

  23. obinna

    January 10, 2014 at 8:29 AM

    You are a foolish man by intentionally accusing the president. I pity the ignorance that was bestowed on you. Fool

  24. obinna

    January 10, 2014 at 8:33 AM

    Thank my brother God bless u. Leave all foolish and useless bias minded people we have in Nigeria

  25. Agaliga Etukwo

    January 10, 2014 at 10:25 AM

    Until Jonathan learned to sack the corrupt officials in his cabinets he lacks the morality guts to ask Sanusi to resign. ONIKPO say so.

  26. Eghosa

    January 10, 2014 at 11:12 AM

    GEJ can’t sack you because you be Aboki? Rubbish! You are sacked already….

  27. Angry Nigerian

    January 10, 2014 at 3:39 PM

    Am actually enjoying all d comment wit a bottle of cool beer. Somebody above me says Sanusi is ruling CBN wit degree in Islamic studies. Nice one. LoL (Y)

  28. Candy

    January 10, 2014 at 11:09 PM

    Mtcheew! Emmm…..Pls madam oge abeg u get 50cl dy make i carry dilute dis bread? Cus as 4 me and my family,we knw dat nigeria is a nation in motion without direction!

  29. the truth

    January 11, 2014 at 1:11 PM

    to me, gej is d worst president ever. #shit#

  30. adline

    January 11, 2014 at 10:50 PM

    sackin him is nt d point, can d money be recovered?

  31. K. Boy

    January 13, 2014 at 6:34 PM

    The truth z dat if u want to say d truth in nigeria u wll be d one evrybulldog wll hate, what about dose corupted odua n others if constitutional means z not followed mr President doesn’t have d locus aparandi whatsoeva to sack d cbn gov, sanusi u r going nowhere.

  32. williams

    February 3, 2014 at 7:32 PM

    guy remember na naija we dy person wey gt power gt power

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