Drama as Jonathan, Sanusi Disagree over Sack As CBN Gov, Details Emerge

Drama as Jonathan, Sanusi Disagree over Sack As CBN Gov, Details Emerge

  • Former President Goodluck Jonathan refuted claims that the 16th Emir of Kano, Muhammadu Sanusi II, was dismissed as Governor of the Central Bank of Nigeria (CBN)
  • Jonathan likewise dismissed allegations that his administration lost $49.8 billion in oil revenue
  • In response, Sanusi maintained that he was "constructively dismissed" from his role as CBN governor

FCT, Abuja - Former President Goodluck Jonathan has refuted claims regarding the dismissal of the 16th Emir of Kano, Muhammadu Sanusi II, as Governor of the Central Bank of Nigeria (CBN), during his administration.

Jonathan, speaking at the launch of the book Public Policy And Agent Interests: Perspectives From The Emerging World in Abuja, clarified that Sanusi was not sacked during his tenure but rather suspended due to an investigation initiated by the Financial Reporting Council of Nigeria (FRCN).

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Former Nigerian President: Goodluck Jonathan and Emir of Kano state, Mohammadu Sanusi, argue on sack of former CBN governor
Former Nigerian President: Goodluck Jonathan and Emir of Kano state, Mohammadu Sanusi, argue on sack of former CBN governor Photo credit: @ayemojubar/Spencer Platt
Source: UGC

Jonathan also dismissed allegations that Nigeria lost $49.8 billion in oil revenue under his administration, a claim first made by Sanusi during his time as CBN Governor.

He said:

"Till today, I am not convinced that the Federal Government lost $49.8 billion."

Jonathan said, emphasising the impossibility of such a financial loss going unnoticed in the country’s economic framework, Channels Television reported.

He added that subsequent investigations, including one conducted by PriceWaterhouseCoopers (PwC), revealed no such loss, though $1.48 billion remained unaccounted for by the Nigerian National Petroleum Corporation (NNPC).

Sanusi stands ground on sack claims

Hours after Jonathan’s remarks, the former CBN governor, now Emir of Kano, took the podium as the royal father of the event, maintaining that he had indeed been sacked by the Jonathan administration, The Punch reported.

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Sanusi told the audience:

“I was constructively dismissed."

He further clarified that he had no ill feelings toward the former president but insisted that his departure from office resulted from his whistleblowing about the missing funds.

Despite the disagreement, Sanusi expressed respect for Jonathan and stated that he harboured no resentment, saying:

"I have moved on from that phase of my life."

El-Rufai hails reinstatement of Sanusi as emir

Earlier, Legit.ng reported that former governor of Kaduna state, Nasir El-Rufai, had described the reinstatement of the former Emir of Kano, Muhammadu Sanusi II, as one of the most significant events in his life.

Speaking at a high-profile event attended by politicians and technocrats in Northern Nigeria, El-Rufai expressed his deep admiration for Sanusi and the impact of his return to prominence.

Proofread by Kola Muhammed, journalist and copyeditor at Legit.ng

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Source: Legit.ng

Authors:
Ezra Ukanwa avatar

Ezra Ukanwa (Editor) Ezra Ukanwa is a first-class graduate of Anchor University, Lagos. He holds a master's degree in mass communication. Ezra currently serves as the Current Affairs and Politics Editor for Legit.ng, where he covers events and provides insightful analysis and reportage on national issues. He was named best Campus Journalist (Anchor University Communications Award, 2019). Kindly contact him at: ezra.ukanwa@corp.legit.ng or +2349036989944