Sanusi Is Still CBN Governor - Pres. GEJ Insists

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President Goodluck Jonathan has noted that Sanusi Lamido Sanusi is still the governor of the Central Bank of Nigeria.  Jonathan made this statement during the presidential media chat held on Monday evening. The President also stressed the fact that Sanusi was only suspended to give room for investigation into the allegation of financial recklessness levelled against him.  He assured that Sanusi will be restored to his position if he is not guilty at the end of the investigation.

Godwin Emefele (Zenith Bank MD) Is New CBN Governor!

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President Goodluck Jonathan has appointed Godwin Emefiele, who is the managing director of Zenith Bank, as the new governor of Central Bank.

Mr. Jonathan submitted Mr. Emefiele’s name to the Senate for confirmation Thursday hours after he announced the suspension of Sanusi Lamido as the CBN governor.

Pic: President Jonathan spotted with CBN Governor at Davos.

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About 3 weeks back , it was in the news that Leader Jonathan had requested CBN Governor Sanusi Lamido Sanusi to resign. (If you missed it, check it here). But this indicates both have mended walls by the look of the photo over, taken a couple of days back at Davos, Switzerland.

Mr. Jonathan plans to speedily replace the CBN governor

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SaharaReporters has learnt that Nigeria's Central Bank Governor, Sanusi Lamido Sanusi, will have to leave his post in March, 2014, 8 weeks ahead of the formal expiration of his tenure. Two sources at the Presidency and a source at the Central Bank told SaharaReporters that Mr. Sanusi has been ordered to proceed on a post-retirement leave in March. All three sources figured early exit for the CBN henchman was occasioned by Mr. Sanusi's recent leaked letter to President Goodluck Jonathan detailing the theft of near $50 billion in oil proceeds by the Nigerian National Petroleum Corporation (NNPC). A week ago, Mr. Sanusi revised the figure of missing funds down seriously to $12 billion, nevertheless the injury to the Jonathan Presidency is recognized as massive. SaharaReporters learnt that Mr. Jonathan has concluded plans to speedily replace the CBN governor whom the president believes attempted to embarrass his government.