Friday, January 10, 2014

CBN governor, Sanusi Lamido, Defies the President. Refuses to resign





According to Thisday, President Goodluck Jonathan has asked the Central Bank of Nigeria (CBN) Governor, Sanusi Lamido Sanusi, to resign immediately on the grounds that the letter Sanusi wrote to him on the unremitted $49.8 billion oil revenue to the Federation Account, was leaked to former President Olusegun Obasanjo by the CBN governor.

The president asked him to tender his resignation before the close of business last Tuesday. But Sanusi has refused to resign and informed the president during the heated telephone exchange that he could only be removed by two-thirds of the Senate as required by law. Sanusi has also denied leaking the letter to anyone.

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