SLS drags GEJ to court over suspension

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The suspended Governor of the Central Bank of Nigeria, Lamido Sanusi, has dragged President Goodluck Jonathan before an Abuja Federal High Court in a suit he filed to challenge his suspension from office.

In the application filed on his behalf by his lawyer, Kola Awodein, SAN, Sanusi is asking the court to restrain the President, the Attorney General of the Federation and the Inspector General of Police from giving effect to his purported suspension from office as the CBN governor, pending the determination of the suit.

Report predicts naira devaluation on Sanusi’s suspension

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The naira is at risk of being devalued after President Goodluck Jonathan suspended the Central Bank Governor, Mr. Lamido Sanusi, last week, eroding confidence in monetary policy and sending the naira to a record low.

Bloomberg reported that the naira, which rose for the first time in six days on Monday, posted its biggest five-day drop in eight months last week.

The yield on Nigeria’s July 2023 dollar bond had its steepest one-day jump on record after Sanusi’s removal on February 20. The security has lost 2.3 per cent this year, compared with a 0.6 per cent drop in the JPMorgan Chase & Co. index of African sovereign debt.

Video: El-Rufai Speaks on Lamido Sanusi's Suspension

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Elrufai Speaks on Sanusi Lamido's Suspension; His Own Alleged N5billion Contract from CBN 

Pres.GEJ places Oduah on ‘tactical suspension’

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President Goodluck Jonathan may have placed the embattled Minister of Aviation, Ms. Stella Oduah, on  “tactical suspension,” findings by our source have revealed.

A reliable Presidency source   said Jonathan decided on the  “tactical suspension,” hours before the signing of the Bilateral Air Service  Agreement between Nigeria and Israel on Monday.

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Chairman of President Jonathan's PDP Bamanga Tukur threatens Atiku's PDP with suspension

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You all  know there are two PDP factions now therefore to tell apart we've to call one - President Jonathan's PDP and the one which broke away last weekend - former VP Atiku Abubakar's PDP. So the chairman of President Jonathan's PDP Bamanga Tukur today held a press conference in Abuja where he threatened members of Atiku's PDP with suspension, called them impostors and said the police should regard them as such. heheh. 2015 will soon be interesting. What he said at the press conference below.

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Chairman of President Jonathan's PDP Bamanga Tukur threatens Atiku's PDP with suspension, prosecution

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Our reason for being here is to neither inform you without any iota of doubt that the Peoples Democratic Party has no faction and there is neither room nor reason whatsoever for such a claim under any guise.

The PDP has only one duly elected National Executive Committee (NEC) under my Chairmanship. I wish therefore to state with all emphasis that any group of persons parading themselves as leaders of NEC or any other organ of our party are impostors and I urge all Nigerians, especially the security agencies and other institutions of democracy to regard them as such.

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PDP Problem: OBJ Declares War Over Uba’s Suspension

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President Olusegun Obasanjo is said to have returned to the trenches within the fold of the Peoples Democratic Party(PDP) following the outcome of the governorship primaries of the party in Anambra State.

Obasanjo had recently attempted to broker a truce between the PDP and the aggrieved governors of the party under the aegis of G5 in Abuja. Though the meeting lasted for a week, nothing concrete came out of it at the end of the day.

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