Wednesday, September 26, 2012

President Jonathan Should Sack Sanusi Now! By Eghes Eyieyien.


"Sanusi behaved as if he was the de facto President of Nigeria. He had cashed in on the weakness of the Jonathan administration to run his own parallel government...It is strange how a man of such sartorial tastes ended up in banking and not showbiz...The profession he chose [is] not for vainglorious and adventurous rabble-rousers." ~ Bashorun Dele Momodu
After reading Dele Momodu's article which he aptly titled " The Bully Called Sanusi" published in his back page column in the Saturday, 22nd September, 2012, edition of Thisday newspaper, the urgency to sack Sanusi Lamido Sanusi as the CBN Governor dawned on me.

Sanusi has outlived his usefulness in that hallowed office! His arrogance, infantile flippancy, ineptitude and incompetence should no longer be countenanced. Why he has stayed in office this long despite his folly and foibles is a mystery.

Nigeria needs a new CBN Governor like YESTERDAY! My recommendation for the position is Mr. Ballama Manu. He was the Executive Director, Operations, NDIC; former, Executive Director, Union Bank; former Chairman of Federal Inland Revenue Service; and former Interim Chairman of the Nigeria Stock Exchange. He would make a great CBN Governor. By the way, he is from Yobe State and a Muslim. If the CBN Governor must be a northern Muslim, there are of course very many others who are imminently qualified: a person like Alh. Ado Wanka (MD of Unity Bank) and Mohammed K. Ahmad (Director General of the Pension Commission) readily come to mind.

But this is not even about section or religion. I am a NON-TRIBALISED (as distinct from "de-tribalised"!) Nigerian. My marriage, close friends, business associates and employees bear testimony to this fact.

Sanusi is an Old Boy of my alma mater (King's College, Lagos) and I used to be his fan. I supported his appointment as the CBN Governor and also spoke publicly in favour his controversial removal of the eight bank MDs. I was on Channels TV's live programme, Sunrise (with Chamberlain Usoh and Suleiman Aledeh as hosts), pushing his suitability for the post the day he appeared before the Senate for his confirmation hearing. I was also on Channels TV's live programme, Business Morning (with Boason Omofaye as the presenter at the time) defending his take-over of the eight banks and the sack of their MDs. 

So what happened? Sanusi's imposition of his wrong-headed, illegal, unconstitutional, Malaysia-style Islamic Banking policy exposed him as an Islamist. I subsequently also became aware of his inglorious role in the infamous Kano religious riot which culminated in the beheading of Gideon Akaluka in 1996 and for which he was incarcerated for two years in Sokoto Prison by the government of Gen. Sani Abacha. This vital factual information is, understandable not disclosed in any of his profiles. The Senate was misled by late President Umaru Yar'adua (who ensured that this information was not highlighted in his Security Report) to confirm him as the CBN Governor. I have challenged Sanusi publicly to come clean on this issue or sue me if I have maligned him!

Moreover, his incompetence, profligacy (he now wants CBN to be sponsoring the Super Eagles!! LOL!!) and inane monetary policies have damaged the financial services sector and badly affected our nation's economy. 

President Goodluck Jonathan should sack this guy before he does even more damage! It has now reached a crisis point. And the time to act is NOW!!

God bless Nigeria!

Eghes Eyieyien

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