liberty300:
Bring back soludo as cbn governor...he's all we need now

liberty300:
Bring back soludo as cbn governor...he's all we need now

ajepako:
I think this old aboooki is high on expired Viagra he takes to satisfy that 18 years old girl he just snatched from the nursery!

Shey he go talk that under a southerner?

But now, he will talk bullshit to support the ineptitude of his fellow northerner.

And he thinks the rest of Nigerians be mumu abi?..

Nonsense!

Ademat7:
Currency devaluation is d song of IMF n WORLD BANK however they r nva in d interest of common man.not surprise it's coming frm Sanusi
Get a soft/hard copy of "confession of an economic hitman" by john perkins to understand my point

LordMecuzy:


Soludo killed CBN feel free to ask any staff there

We need Tony Elumelu

Emekamex:

[b]Sanusi was removed in 2010 after he raised concern that tens of billions of dollars in oil revenues had not been remitted to state coffers. [/b]

ajepako:
I think this old aboooki is high on expired Viagra he takes to satisfy that 18 years old girl he just snatched from the nursery!

Shey he go talk that under a southerner?

But now, he will talk bullshit to support the ineptitude of his fellow northerner.

And he thinks the rest of Nigerians be mumu abi?..

Nonsense!

anonimi:
We may not need all that if Sanusi submits himself for probe instead of getting VP Osinbajo to buy him protection from our courts, not so






[size=14pt]The FRCN’s report on Sanusi[/size]



[img]https://www.nairaland.com/download/660265[/img]



The decision to suspend the Central Bank of Nigeria Governor, Sanusi Lamido was based on a report of the Financial Reporting Council of Nigeria dated June 7, 2013.

The report was made after a review of Sanusi’s response to the query issued to him by the President over the apex bank’s financial statement of 2012. His response was dated May 20, 2013.

According to a copy of the report obtained by our correspondent on Thursday, the council indicates that the explanation provided by the suspended CBN governor is “a clear display of incompetence, nonchalance, fraud, wastefulness, and abuse of due process and deliberate efforts to misrepresent facts on the part of the leadership of the CBN.”

The council advised the President to exercise the powers conferred on him by Section 11(2)(f) of the CBN Act 2007 or invoke Section 11(2)(c) of the said Act “and cause the governor and the deputy governors to cease from holding office in the CBN.”

The report read: The particulars of the infractions against Sanusi are:

Persistent refusal and/or negligence to comply with the Public Procurement Act in the procurement practices of the Central Bank of Nigeria.

(A) By virtue of Section 15 (1)(a) of the Public Procurement Act, the provisions of the Act are expected to comply to ‘all procurement of goods, works and services carried out by the Federal Government of Nigeria and all procurement entities.’ This definition clearly includes the Central Bank of Nigeria.

(B) It is however regrettable that the Central Bank of Nigeria, under his leadership, has refused and/or neglected to comply with the provisions of the Public Procurement Act (PPA). You will recall that one of the primary reasons for the enactment of the PPA was the need to promote transparency, competitiveness, cost of effectiveness and professionalism in the public sector procurement system.

More from: http://www.punchng.com/news/the-frcns-report-on-sanusi/

SeverusSnape:
We need "body language".

"I will make the Naira equal to the dollar" - B00HARI.

ceejayluv:
chai.. Jonathan too gentle sha...

Africa does NOT need strong men. It needs strong INSTITUTIONS.
~ Barack Hussein Obama

Frodobee :
How I love you Ngozi Iweala. Your legacies they hav bastardized, Are they not bastards?
GEJ we miss you, Even the blind can feel your absence Clean as much as they can The anus will always smell Try as much as they can, Truth will always one day prevail over lies.
NOI God bless you.

anonimi:


He was NOT gentle.
He is a democrat who believes, more than those before him as president and the 36 state governors who worked with him, that our INSTITUTIONS should be independent for a better society. We, the citizens, are the gentle ones who could not also have adequate focus on these institutions (apart from the president) so all works for good.

FYB:
Sanusi should calm down and concentrate on his Emirates. ......CBN is in a save hand. Buhari is also comfortable with the CBN monetary policy.

ceejayluv:
true... I meant he was too gentle to the extent that he never publicly declared such damning findings against SLS... most Nigerians think he was suspended because of the (frivolous) 20 billion dollars allegation

Ademat7:
Currency devaluation is d song of IMF n WORLD BANK however they r nva in d interest of common man.not surprise it's coming frm Sanusi
Get a soft/hard copy of "confession of an economic hitman" by john perkins to understand my point

SweetSoup:
You need serious help, try read the post again and see if you can comprehend.

kaeforum:


Are u Jealous that at his age he still rocks and you cant.

chyket:
What Sanusi said its the only way for Nigeria to move forward.The current exchange rate is artificial.
During the regime of President Yaradua;the price of oil equally crashed and ex CBN Gov Soludo had to do the needful and devalued the naira from about 118/$ to about 185/$ .The dollars were available and business of the nation moved on.
Currently,the CBN Gov Emefiele has almost pegged the naira to almost a fixed rate and the US dollars are not available to companies,businesses etc.Many businesses are comatose and people have even resorted to swallowing dollars to be able to cross it abroad to buy goods.