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 Sanusi backs FG’s move to relocate CBN offices to Lagos, says ‘ethnic bigots will always shout’ 

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 Former emir of Kano, Muhammadu Sanusi, has said that the government’s decision to relocate some departments of the Central Bank of Nigeria (CBN) from Abuja to Lagos is a “sensible move”.

 

The CBN recently announced plans to move  its banking supervision department to Lagos.

 

Northern Senators Forum (NSF), raising concerns over the plan, said it would engage the federal government.

 

But Sanusi, in a statement on Wednesday, dismissed those against the relocation as “playing dirty politics”.

 

“Moving certain functions to the Lagos office (which is bigger than the Abuja head office) is an eminently sensible move,” Sanusi said.

 

“It makes eminent strategic sense. And I would have done this if I had stayed.

 

“All this noise is absolutely unnecessary. The CBN has staff manning its branches and cash offices across the federation.

 

“Moving staff to the Lagos office to streamline operations and make them more effective and reduce cost is a normal prerogative of management.

 

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“The problem we have now is that many employees are children of politically exposed persons and their Abuja life and businesses are more important than the CBN work.”

 

However, Sanusi said the CBN needs to get a few things right.

 

According to the economist, the first is the question of locating functions which he described as “strategic and not tactical one”, calling for a “proper analysis to be done, to identify which roles are best suited to Lagos and which to Abuja”. 

 

He said once the logic is clear, the people will then follow, adding that non-communication of strategic intent “opens the door to mischievous misrepresentation and arbitrariness”.

 

“Second, individual situations should be considered. As much as possible we should be empathetic. For example young mothers with kids in school who do not need to move can be prioritised to stay in Abuja or those with medical conditions, etc,” Sanusi said.

 

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“Third, the CBN needs to focus on the exchange rate and inflation. Once it has control of these, it earns credibility. Once CBN has credibility the governor is untouchable.

 

“So long as people think CBN has lost control of its key mandate, everyone can make it a target and simple things like this- staff movement- become  an issue it has to defend itself on.

 

“When the CBN delivers on its mandate it can push through any changes no matter how tough and ignore the noise.”

 

‘AUDIT, GOVERNOR’S OFFICES SHOULD REMAIN IN ABUJA’

Speaking further on how the structure should be, the former CBN governor said he had planned to do the same thing while in office but did not have sufficient time.

 

“In my mind what I would have done was to move FSS and most of operations to Lagos such that the two deputy governors would be largely operating out of Lagos or, even if they were more in Abuja, the bulk of their operational staff would be in Lagos,” Sanusi said.

 

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“Economic policy, corporate services and all the departments reporting to the governor directly such as strategy, audit, risk management, governors’ office etc would remain in Abuja.

 

“My advice to the governor is to go ahead with his policy. Once the CBN starts bending to political pressure on one thing it will continue doing so.”

 

Sanusi said “ethnic and religious bigots will always shout” but the “CBN should rise above it and just do what needs to be done”.

 

He added that the job of the CBN governor is an unpopular and difficult one and the “governor needs to be tough”.

 

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Court refuses Nnamdi Kanu’s plea for bail, house arrest

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A federal high court in Abuja has dismissed another bail application filed by Nnamdi Kanu, leader of the proscribed Indigenous People of Biafra (IPOB).

 

Binta Nyako, presiding judge, also refused Kanu’s plea to be transferred from the custody of the Department of States Services (DSS) to prison.

 

The defendant’s request to be placed under house arrest was also rejected.

 

Kanu is standing trial on a seven-count charge bordering on treasonable felony as preferred against him by the federal government.

 

BACKGROUND

In 2017, the court granted Kanu bail on the treasonable felony charges filed against him by the federal government.

 

However, the court revoked Kanu’s bail and issued a bench warrant for his arrest after he failed to present himself as required.

 

The IPOB leader was rearrested in Kenya in 2021 and extradited to Nigeria — after being on the run for a few years.

 

In April 2022, Nyako struck out eight of the 15 counts in the charge.

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The remaining seven counts were also quashed by the court of appeal on October 13, 2022, with the judge ordering Kanu’s release.

 

However, on October 28, 2022, the court of appeal granted a stay of execution on its verdict discharging Kanu, after the federal government filed an appeal at the supreme court.

 

On December 15, 2023, a five-member panel of the apex court reversed the verdict of the appeal court and ordered Kanu to resume his trial before the federal high court.

 

BAIL APPLICATION

In the fresh bail application, Kanu asked the court to restore his bail which was revoked in 2017.

 

In the alternative, he asked to be removed from the custody of the DSS and placed under house arrest, or to be remanded in prison.

 

The defendant said contrary to the federal government’s claim, he did not jump bail or breach any of the conditions of the 2017 bail, but had to flee the country when soldiers allegedly invaded his house in Abia.

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He told the court that he would have been killed if he had not escaped the way he did, and accused the federal government of misleading the court in getting the bail revoked.

 

He also asked the court to set aside the arrest warrant issued against him by the court while he was out of the country.

 

He also alleged that he does not get proper medical services in DSS custody and he is unable to properly prepare for his defence due to restricted access to his lawyers.

 

Delivering the ruling, Nyako refused the application of the defendant.

 

She noted that those who stood surety for the defendant in 2017 had approached the court and applied to be discharged after Kanu escaped from the country.

 

She held that the sureties, in their applications, claimed that they were not aware of the whereabouts of the defendant, a scenario that forced the court to order the forfeiture of their N100 million bail bonds.

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According to the trial court, the issue is currently pending before the court of appeal.

 

The court held that having refused Kanu’s request for bail on several occasions, the only option available to him was to take the matter before the appellate court.

 

However, the judge ordered the DSS to always grant Kanu access to his lawyers not exceeding five persons on every visiting day.

 

It ordered that Kanu must be given “a clean place” to consult with his lawyers at the DSS detention facility, adding that he must be granted access to a doctor of his choice.

 

Nyako warned that any attempt by Kanu’s legal team to file similar applications before the court would be regarded as a gross abuse of the judicial process.

 

“You have an option of appeal, please exercise your right of appeal,” the trial judge added.

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Coup attempt in DR Congo: Three Americans among arrested suspects

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Three Americans have been reportedly listed among suspects responsible for Sunday’s coup attempt in the Democratic Republic of Congo (DRC).

 

Sylvain Ekenge, DRC army spokesperson, said the attempt involved “foreigners and Congolese”.

 

“These foreigners and Congolese have been put out of action, including their leader,” Ekenge said, adding that several suspects were detained and that the situation is now under control.

 

The army spokesperson did not provide further information concerning the incident.

 

Lucy Tamyln, US ambassador to the DRC, said she was shocked and very concerned to receive reports of American citizens being involved.

 

Pictures of two men with their hands clasped were published in local media, alongside pictures of a passport that indicated one was a 36-year-old US citizen born in Maryland.

 

“Please be assured that we will cooperate with the DRC authorities to the fullest extent as they investigate these criminal acts and hold accountable any U.S. citizen involved in criminal acts,” Tamlyn tweeted.

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The army’s announcement of successfully thwarting a coup attempt came hours after armed men attacked the house of Vital Kamerhe, former chief of staff and close ally of President Felix Tshisekedi.
Kamerhe’s residence is about two kilometres from the presidential palace.
Michel Muhima, Kamerhe’s spokesperson, had said the gunmen clad in military uniform engaged the politician’s guards in a shootout, leaving three people dead.

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Raisi’s vice expected to be sworn in as president of Iran

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Iran’s first vice president, Mohammad Mokhber, is expected to assume the presidency after Ebrahim Raisi’s death in a helicopter crash as the country gears up for early elections.

The Iranian constitution stipulates that the first vice president take over “in the event of the president’s death, dismissal, resignation, absence or illness for more than two months”.

 

Raisi, who died on Sunday along with Foreign Minister Hossein Amir-Abdollahian and other officials, was nearing the end of his first four-year term as president.

 

Mokhber’s interim appointment requires the approval of Iran’s supreme leader Ayatollah Ali Khamenei, who has the final word in all state affairs.

 

Presidential elections to pick a permanent successor are to be held within 50 days, according to the constitution.

 

A council made up of the parliament speaker, head of the judiciary and the vice president are to be tasked with organising the national vote.

 

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Mokhber, 68, was appointed vice president as Raisi took office in August 2021.

 

The vice president was born in Dezful city in the southwestern province of Khuzestan, where he held several official positions.

 

For years since 2007, Mokhber chaired the Execution of Imam Khomeini’s Order, a governmental organisation tasked with managing properties confiscated following the 1979 Islamic revolution.

 

The foundation, established in the 1980s, has over the years grown to become a major state economic conglomerate with shares in various sectors.

 

Iranians head to the polls for presidential elections every four years since the Islamic Republic’s first vote in 1980.

 

The constitution sets a two-term limit for Iranian presidents.

 

The position of prime minister does not exist in Iran, and the president — assisted by several vice presidents — is responsible for appointing and directing the cabinet.

AFP

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