Home NEWS You Can’t Be Petroleum Minister Sir, Sanusi Tells President Tinubu

You Can’t Be Petroleum Minister Sir, Sanusi Tells President Tinubu

Emir Sanusi Muhammed

Former Governor of the Central Bank of Nigeria (CBN), Muhammad Sanusi II, popularly known as Sanusi Lamido Sanusi, has asked President Bola Tinubu to relinquish his position as minister of petroleum resources.
He also called for a proper auditing of the Nigerian National Petroleum Company Limited (NNPCL).
Sanusi, who spoke at The Bank Directors Summit holding at the Congress Hall of the Transcorp Hilton in Abuja, recalled that it was his call for the auditing of the NNPC account that cost him his job at the apex bank. He was CBN governor from June 2009 to February 2014.

Sanusi, who is also the former Emir of Kano, insisted that the President should not be the Minister of Petroleum resources.
In August, about three months after his inauguration, President Bola Tinubu split the Ministry of Petroleum Resources with the appointment of Ekperipe Ekpo as Minister of State, Gas Resources; and Heineken Lokpobiri as Minister of State, Petroleum Resources.
In keeping with the tradition of his immediate predecessor, ex-President Muhammadu Buhari, President Tinubu retained the position of the substantive Minister of Petroleum Resources.
The former apex bank boss described the arrangement whereby the President would head the petroleum resources ministry as misnomer.
This was even as he said that the Asset Management Corporation of Nigeria (AMCON) and the Nigeria Deposit Insurance Corporation (NDIC) should be allowed to remain until banks get together and pay up what they owe the system.
He said that the banking sector must shore up its trust deficit in the eyes of the public and that there is no need to amend the CBN Act to keep the apex bank free of political influences.
Source: Channels TV.

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