Sanusi, Ciroma Kick against CBN Amendment Bill

Governor of Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, yesterday launched a campaign against the CBN Amendment Act 2012 currently before the Senate. The bill seeks to amend the CBN Act and make provisions that would compel the apex bank to submit its annual budget to the National Assembly for scrutiny.

But Sanusi argued that such a legislation will subject the CBN to some undue political interferences. Sanusi was joined by a former CBN Governor, Mallam Adamu Ciroma, and a former Executive Director of the CBN, Professor Green Nwankwo. Others who also opposed the bill were the Nigeria Labour Congress(NLC) and the South-South/ South-East Professionals.


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