Seeking Proper Audit Of NNPC Got Me Sacked As CBN Governor – Sanusi

Related stories

Massive Shake up in NNPC

Mele Kyari’s Associates, Others Are fired By Abiola Olawale Reports...

Professor Abimbola Adelakun: A Journey Through Time, By Toyin Falola

Professor Abimbola Adelakun left Ibadan, the city of Brown...

Shake-up: Tinubu Redeploys Permanent Secretaries In Solid Minerals, Information, Other Ministries

By Kolawole Ojebisi In a major shake-up, President Bola Tinubu...

It’s A “Waste Of Resources”, FG Says No More Foreign Scholarship

By Kolawole Ojebisi The Federal Government has scrapped the Bilateral...

I Regret Running On Same Ticket With Atiku In 2023 –Okowa

By Kolawole Ojebisi Former Governor Of Delta State, Ifeanyi Okowa,...

By Louis Achi

Former Governor of the Central Bank of Nigeria (CBN), Khalifa Muhammadu Sanusi II, has called for a proper audit of the Nigerian National Petroleum Company Limited (NNPCL), noting that this call was what cost him his job at the apex bank.

Sanusi made this known while delivering his remarks at The Bank Directors Summit holding at the Congress Hall of the Transcorp Hilton in Abuja.

The 14th Emir of Kano and leader of the Tijjaniyya Order in Nigeria, who was CBN governor from June 2009 to February 2014, insisted that the President should not be the Minister of Petroleum.

For the ex-CBN chief, the Asset Management Corporation of Nigeria (AMCON) and the Nigeria Deposit Insurance Corporation (NDIC) must remain until banks get together and pay up what they owe the system.

He also maintained 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.

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.

However, Tinubu, in an apparent tradition of his predecessor, ex-President Muhammadu Buhari, kept the position of substantive Minister of Petroleum Resources to himself.

The New Diplomat
The New Diplomathttps://newdiplomatng.com/
At The New Diplomat, we stand for ethical journalism, press freedom, accountable Republic, and gender equity. That is why at The New Diplomat, we are committed to speaking truth to power, fostering a robust community of responsible journalism, and using high-quality polls, data, and surveys to engage the public with compelling narratives about political, business, socio-economic, environmental, and situational dynamics in Nigeria, Africa, and globally.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder="Your email address" btn_horiz_align="content-horiz-center" pp_msg="SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==" pp_checkbox="yes" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" display="column" gap="eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9" f_msg_font_family="downtown-sans-serif-font_global" f_input_font_family="downtown-sans-serif-font_global" f_btn_font_family="downtown-sans-serif-font_global" f_pp_font_family="downtown-serif-font_global" f_pp_font_size="eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_weight="700" f_btn_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_transform="uppercase" btn_text="Unlock All" btn_bg="#000000" btn_padd="eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9" input_padd="eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9" pp_check_color_a="#000000" f_pp_font_weight="600" pp_check_square="#000000" msg_composer="" pp_check_color="rgba(0,0,0,0.56)" msg_succ_radius="0" msg_err_radius="0" input_border="1" f_unsub_font_family="downtown-sans-serif-font_global" f_msg_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_size="eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_weight="500" f_msg_font_weight="500" f_unsub_font_weight="500"]

Latest stories

Latest News
Massive Shake up in NNPCProfessor Abimbola Adelakun: A Journey Through Time, By Toyin FalolaShake-up: Tinubu Redeploys Permanent Secretaries In Solid Minerals, Information, Other MinistriesIt's A "Waste Of Resources", FG Says No More Foreign ScholarshipI Regret Running On Same Ticket With Atiku In 2023 --Okowa2027: "Atiku Set to Exit PDP," Says OkowaConcerns Escalate As Warri Refinery Faces $897M NNPC Rehabilitation Crisis2027: Drama As Bala Mohammed, Bauchi Gov. Names 168 New AidesCJN Kekere-Ekun Warns Judges, NBA: "Enough of Frivolous Petitions Against Judges..."EFCC Arrests Socialite E-Money for Alleged Naira AbuseStamer, Modi, Other World Leaders Congratulate Mark Carney on Canada’s Election VictoryEFCC Arrests Sanwo-Olu’s Ally, Aisha Achimugu, at Abuja Airport Over Alleged Money LaunderingStock Market Opens Bullish With N228 Billion GainBREAKING: EFCC Arrests Billionaire Businesswoman Aisha Achimugu at airportSupreme Court Overturns N22 Trillion Judgment Against Union Bank, Ends 25-Year Legal Tussle
X whatsapp