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I’ll leave a Legacy on Monetary Reform Policy, Says Sanusi Lamido

15 Sep 2012

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CBN Governor, Sanusi Lamido Sanusi

  Ibrahim Shuaibu  
  The Governor of the Central Bank of Nigeria, Malam Sanusi Lamido Sanusi,   Saturday  said that the decision to remove   erring  chief executive officers of some banks  few years  ago was not necessarily part of the reforms he intended to introduce in the banking sector. 

But he made it clear that it was also  normal that  whoever is caught  stealing must  go to jail as   obtained in other parts of the world.

Recalling that  some people  even  saw this as a bold and tough step on his part, Sanusi  said that   Nigerians should understand that the  action was not part of the reforms he intended to do, adding that it was just a normal thing, “that when you steal you go to jail, as it was obtained in other parts of the world”.

Sanusi in    his remarks at a public lecture organised in his honour by Bayero University, Kano (BUK) on Saturday, added that he wanted to leave a legacy that is consistently focused on monetary policy reforms.

He  called on all stakeholders in the Nigerian economy to always do the right things, and have the love of the country at heart.

He said” Iam open to criticism in order for me to harness idea and improve banking system in the country”.

The CBN Governor announced declined to say anything about the controversial introduction of N5000 note, maintaining that he  had said enough on the issue.

Speaking also, his highness the Oba of Lagos, Oba Rilwan Babatunde Akiolu 1  advised    politicians to change their attitude towards election by putting a stop tp  rigging for democracy to rein well in the country. He said   that the era of rigging is over in the country.

He said that Nigerians were now in the era of how to defend their rights, adding that leaders who will emerge on that process should stop  electoral malpractices.

He called on  the  government to create jobs for the teeming population youths in the country, adding that employment opportunities among the youths will reduce unemployment and create awareness.

Tags: News, Nigeria, Featured, Monetary Reform

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