CBN Relocation: Northern Politicians are making Noise – Sanusi

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A former Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi
Former Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi
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Deposed Emir Supports   Relocation Amid Political Backlash

Former Emir of Kano, Muhammadu Sanusi, has voiced his support for the Central Bank of Nigeria’s decision to relocate some of its departments from Abuja to Lagos, amidst opposition from Northern politicians.

In a statement, Sanusi urged the authorities to disregard the “noise” generated by regional politics, emphasizing that Abuja is a federal capital, not exclusively a Northern concern.

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Sanusi expressed empathy for individuals facing challenges due to the CBN relocation, suggesting that the CBN Governor, Yemi Cardoso, consider special circumstances such as mothers with children in school or those with medical conditions.

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He underscored the importance of making principled decisions without succumbing to political pressure.

The former Emir drew parallels to his experience licensing Jaiz Bank, recalling religious objections that were eventually overcome. Sanusi encouraged the CBN Governor to stand firm in implementing the policy, emphasizing the potential consequences of yielding to political pressure.

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Sanusi’s stance aligns with the belief that decisions driven by principles should take precedence over regional or political considerations. The debate surrounding the CBN  relocation continues to spark discussions on the intersection of governance, principles, and regional politics.

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