Jonathan Reserves The Right To Suspend Sanusi- Legal Practitioner

Author:: channelsweb
Publisher:: Channels Television
Publication Date:: 25 February 2014
Tags:: Nigeria, Governance, Banking and Insurance

Chairman of National Newspaper Editorial Board, Mr Chris Akiri on Tuesday supported the claim by President Goodluck Jonathan that he reserves the right constitutionally to suspend the Governor of the Central Bank. Mr Kiri, who is also a legal practitioner, is making this claim contrary to the feelings of some members of the House of Representatives who feel otherwise. Speaking as a guest on Channels Television's Sunrise Daily, Mr Kiri insisted that "Some members of the House of Representatives are wrong while the president is right" he said adding that "a cursory look at the provisions of the CBN Act relating to the appointment or removal of the governor of the Central Bank will show you that they are wrong. "Section 8 (1) of that Act, empowers the president to appoint the governor or deputy governors of the bank", adding that when you go to Section 11 (1) (F) says the president can remove the governor of the Central Bank" he said.