If the CBN gov has the power to print and loan out N620Billion under any guise without approval,he is then more powerful than the President. Sanusi within his first week in office demanded for a change of the 7-point agenda of Mr President. Let us watch and see.

I am very pleased to see the results of a vibrant democratic system where disputes are settled through a competent judicial process. Maintaining an independent judiciary with the sole responsibility of adjudicating cases on the basis of their legal merits without anyone picking up arms to fight each other is the corner stone of a true democratic system. I personally applaud President YarArdua for wanting to uphold the Rule of Law within the Nigerian political system.

I would hope that other African countries would learn something from the examples Nigeria is setting. First, the President must be commended for granting amnesty to those in the Niger Delta who sought to bring to world's attention the scourge of abuses that had bedeviled the entire region, because of the direct result of a lack of properly constituted body to regulate the excesses of foreign operators on our soil. If the Nigerian Government can now see the need to include and define the citizens of the Niger Delta as Nigerian citizens, and not just a source of succour for the rest of the country, I would definitely say that we have made progress.

On the main topic relating to this article, the lawmakers who mounted a challenge against Sanusi's position are truly exercising their legally constituted rights to challenge a decision about arbitrary actions by a Central Bank Governor to have chosen to increase the supply of money, and also decide to distribute such funds to errant corporate executives who saw the unpoliced and poorly regulated Nigerian financial system as a fruit tree ripe for picking by individuals with access to the corridors of power. These kinds of spirited chanllenges in courts define our democratic system, and lets the Western World see us as not only civilized, but in some ways exceed the expectations that, even those who have made it their professional duties to denigrate Nigeria would say to themselves, "wow, I never would have thought that Nigeria could actually exceed our expectations of civility".

Each time we choose the application of the Rule of Law over the use of a bullet to solve our problems, those who would sell arms to us to kill each other would recoil in their attempts at emptying our foreign reserve. Each time we spend a penny to acquire arms, we are immediately denying a child from have access to food, medicine, shelter, schooling, books, school supplies, transportation, our infrastructure such as roads, bridges, cannal building, sewage systems, public toilets at bus stops, and a host of other very minor things that tends to define a nation that cares for its citizens. Our leaders must take note that leading is a responsibility, and not so much a privilege. Those leaders who have chosen to mortgage the future of Africa's children in exchange for a few dollars in their foreign accounts will have themselves to blame if their future offsprings are denied access to the basic necessities of life. In our African environment, what affects one person or community will eventually affects the whole continent. Therefore, making wise decisions today in order to save tomorrow should be something our leaders should note each time they sit in their comfortable office buildings. They must truly realize that we are our brother's keepers. The National Assembly should have a oversight committee over the activities of the Central Bank so that rash decisions such as the one Mr. Sanusi made can be avoided in the future. Nigeria is owned by Nigerians, and decisions affecting Nigeria must be decided by the properly elected (not appointed) members of our bicameral legislative body. This is the essence of "checks and balances" of the three levels of government, viz:- the Executive (Presidency), the Legislative ( National Assembly) and the Judiciary (The Courts). Each of these units working together spells a vibrant democracy. No one part can independently function without the other.

The President's actions and activities are checked by the Nigerian population, including the NGOs and other special interest groups in the country, the National Assembly and the Judiciary. The role of the judiciary is to interpret the laws (the Constitution), and not make the laws through judicial activism. The National Assembly (made up of elected officials) makes the Laws in keeping with the Constitution. Any attempts to review or revise the Constitution must come from concerns expressed by the citizenry, and carried through their elected representatives who would in turn, draft legislations (Bill) and presented to the National Assembly for a debate on any issue brought before it. This is the process of democracy which in essence, according to Abraham Lincoln is: The Government of the People, For the People and By the People".

In it, no President, Senator, Members of the House of Representatives can arbitrarily act on their own in order to determine the fate of Nigerians. All the various representative arms of the government put together are the determinants of the future and fate of the entire nation of Nigeria. Therefore, Mr. Sanusi who is NOT an elected body, cannot arbitrarily decide to print the Nigerian currency at will, and distribute it to banks in order to seek to stop a haemorrhaging banking system that is bedevilled by bad decisions by its executives. You do not reward openly public and uncontrolled looting of the financial resources of the country by half-baked educated idiots by giving them more Naira to squander. I personally applaud the actions of the Honourable Justice This is the mark of a vibrant democracy..

I strongly advice Lamido to listen and have a chat with Mr. Femi Gbajabiamla.From all indecations he has seen our economy above your nose Lamidu, thoug Soludo has made the country solo economically. In the second place why do you want our country to be like Germany in the 17th centuary?