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PREMIUM TIMES reported that, A Federal High Court in Lagos has restrained the Nigeria Police and the Department of State Services from arresting or harrassing the suspended Governor of the Central Bank of Nigeria, Sanusi Lamido. The court also ordered the DSS to release Mr. Sanusi’s passport to him immediately while also awarding the embattled CBN boss N50 million in exemplary damages. Mr. Sanusi’s passport was seized on February 20, as he arrived the Lagos international airport, hours after he was suspended as CBN Governor by President Goodluck Jonathan.  He was briefly detained as well. Mr. Sanusi, in separate suits, challenged his suspension, and asked for an enforcement of his fundamental rights as enshrined in the Nigerian constitution. The court had on February 21 granted an interim order, restraining the respondents from arresting, detaining, or harassing the applicant pending the determination of the substantive suit. The interim order was seq...

I contend that it is absolutely possible to take the whistleblower saga out of the equation and still find sufficient cause to sanction the suspended CBN governor. Sanusi’s choice of opting to dispense with his terminal leave has no meaning other than daring the president. According to YNAIJA.COM , We were political and intellectual collaborators. Like many Nigerians I first took notice of him as a regular newspaper contributor. Back then he was an intellectual rebel in the political debate over the wild fire regionalist push for the enthronement of Sharia jurisprudence in the Northern Muslim states. He called to question the propriety and honesty of purpose of the introduction of Sharia especially the orthodox penal code in a context that does not fulfil the condition precedent. To convict an offender and proceed to exact the severe punishment presupposes the prerequisite of a society where no one is compelled to steal in order to assuage hunger and basic necessiti...

Having taken special notice of reports of the Financial Reporting Council of Nigeria and other investigating bodies, which indicate clearly that Mallam Sanusi Lamido Sanusi’s tenure has been characterized by various acts of financial recklessness and misconduct which are inconsistent with the administration’s vision of a Central Bank propelled by the core values of focused economic management, prudence transparency and financial discipline; Being also deeply concerned about far-reaching irregularities under Mallam Sanusi’s watch which have distracted the Central Bank away from the pursuit and achievement of its statutory mandate; and Being determined to urgently re-position the Central Bank of Nigeria for greater efficiency, respect for due process and accountability, President Goodluck Ebele Jonathan has ordered the immediate suspension of Mallam Sanusi Lamido Sanusi from the Office of Governor of the Central Bank of Nigeria. President Jonathan has further ordered ...