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REVEALED: Jonathan’s First Query To CBN Governor Sanusi



The face-off between President Jonathan and Mr. Sanusi actually began in 2012 after Mr. Sanusi granted an interview considered critical of the administration.


Contrary to widespread believe that Central Bank Governor, Sanusi Lamido Sanusi, first ran into trouble with President Goodluck Jonathan late last year when he wrote a letter accusing the Nigerian National Petroleum Corporation of diverting N8 trillion of Nigeria’s oil revenue, PREMIUM TIMES can report today that Mr. Sanusi first incurred the wrath of the presidency in 2012 when he granted a newspaper interview criticizing the administration’s handling of the Boko Haram insurgency.

Mr. Sanusi had granted an interview to the Financial Times of London in 2012 blaming widespread poverty in the North for Boko Haram’s success in recruiting members. That interview, this newspaper can report, terribly irked Mr. Jonathan and earned Mr. Sanusi a query from the presidency.

Investigations by PREMIUM TIMES showed that not long after it published Mr. Sansui’s interview, the Financial Times did an analysis on Nigeria’s economy and passed a damning verdict on the Federal Government.

Embarrassed by both the interview and the analysis of the London-based newspaper, President Jonathan ordered the former National Security Adviser, NSA, late Owoye Andrew Azazi, to query Mr. Sanusi.

During the controversial interview, the CBN governor had among other things, criticised the uneven distribution of wealth in the country, saying some parts of Nigeria were by far richer than others.

Mr. Sanusi had while fielding questions said, “There is clearly a direct link between the very uneven nature of distribution of resources and the rising level of violence.

“When you look at the figures and look at the size of the population in the north, you can see that there is a structural imbalance of enormous proportions. Those states simply do not have enough money to meet basic needs while some states have too much money.

“The imbalance is so stark because the state still depends on oil for more than 80 per cent of its revenues.”

However, in its analysis of Mr. Sanusi’s interview, the Financial Times on January 27, 2012 wrote: “Nigeria has made little headway raising taxes for example from agriculture, which accounts for 42 per cent of GDP. Northern Nigeria’s economy has traditionally depended on the government more than the south.

“Many of the industries set up as part of earlier efforts to promote national balance have gone bust or been sold off during a decade of liberal market reforms, power shortages and infrastructure collapse.”

The analysis continued, “According to official figures, the leading oil producing state, Rivers, received N1, 053 billion between 1999 and 2008 in federal allocations.

“By contrast the North-eastern states of Yobe and Borno, where the Boko Haram sect was created, received N175bn and N213bn respectively. Broken down on a per capita basis, the contrast is even starker.

In 2008 the 18.97m people who lived in the six states in the north-east received on average N1, 156 per person.”

But a few days after the analysis was published and following presidential directive, Mr. Azazi issued a query to Mr. Sanusi, dated February 2, 2012.

A copy of the query which was exclusively obtained by PREMIUM TIMES, referenced: NSA/A/229/C and titled, “Recent Interview with Financial Times,” was copied to the Director General, Department of State Services, Ita Ekpenyong.

Among other things, the NSA stated that the query was necessitated by statements credited to Mr. Sanus during an interview with the London-based newspaper.

The query reads, “In the interview, you were alleged to have made statements to the following effects: That, the uneven pattern of distribution of resources is directly linked to the rising level of violence in Nigeria.

“That, it is now necessary to focus funds on regenerating other regions of Nigeria; other than the Niger Delta. That, additional federal funds allocation to the Niger delta states has created ‘a structural imbalance of enormous proportions,’ with some states not having enough money and others having too much.

“That, when the theft of oil by profiteers is considered, this imbalance between the oil producing states of the South-South (or Niger Delta states) and states in the North is compounded.”

The query also drew Mr. Sanusi’s attention to his statement that the derivation funds paid to oil producing states, above the normal federal allocations created new disparity in state resource, fostered resentment and encouraged terrorism.

The CBN governor was also reminded that his assertions directly attributed the activities of Boko Haram sect to the revenue allocation formula used by the government.

The query continued, “Not only is there no empirical evidence to support such a statement, conventional wisdom in Nigeria refutes that assertion. Experts obviously have provided numerous explanations for the emergence of Boko Haram activities and the general consensus is that there are no silver bullets.

“Your statements to the Financial Times do not only have no basis in fact but they are divisive, inflammatory, inciting and inappropriate of a senior officer of the Federal Government whose responsibility includes national stability and state continuity.

“This statement has already caused a lot of angst among the populace and raised significant questions as to your intent and motives. These statements bring disrepute to the administration and current and past leadership of Nigeria.

“While I understand your right to free speech and some of the independence your office enjoys, I must also caution you that as an officer of the Government of Nigeria and one entrusted to promote state stability, your utterances through this interview are not in the interest of Nigeria’s national security.

“I encourage you to explore and pursue approaches that will ameliorate the problems that your statements have caused, including a retraction or clarifying statements, possibly through the same medium of interview.”

PREMIUM TIMES learnt that Mr. Sanusi failed to respond to the query, saying he was not answerable to Mr. Azazi and that he would only respond to a direct query from President Jonathan.

Presidency sources say the President did not forgive Mr. Sanusi ever since and had waited patiently for an opportunity to unload him from the administration.

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  1. nwosu kingsley o

    February 22, 2014 at 1:59 pm

    To me ,it’s good riddance to bad rubbish. Sanusi has proven to be too big for our president. Let him go.

  2. alex

    February 22, 2014 at 3:14 pm

    apc must hear dis. sanusi made it seem as if he is being purnished 4 exposing curruption, meanwhile he n his cohorts av a hidden agenda. let him go to court, he may be doing so to his own peril. autonomy does nt translate to rascality, if nt d law must tk its cos. our president is nt a weakling as some people think. God bless Nigeria.

  3. sam sam

    February 22, 2014 at 3:40 pm

    Was the imbalance between north and south, or between north-east and north-west caused by Jonathan’s Govt? Sanusi is only a politician, a member of opposition who’s not good enough for his post!

  4. Chux

    February 22, 2014 at 3:50 pm

    for this one action of suspend-sacking Sanusi by Bro Jona, I forgive him of every other wrong action or inaction. Welldone Jona. Mallam can continue in the courts. dan iska kowei

  5. Mfonong

    February 22, 2014 at 4:53 pm

    No matter how big u can be, u can not be biger than your oga,okoro the say canot be taler than the farmer who knwos may be he use our money to sponsor boko

  6. fred

    February 22, 2014 at 7:23 pm

    @chux I surport you! I gorgive JEG for all other in actions because of this one! Mumu sanusi that thinks the CBN is his fathers palour.

  7. emanuel

    February 22, 2014 at 8:55 pm

    When i made mention of the opposition instigating Sanusi in the first place,his supporters who don’t even understand grassroots politics never allowed me a little peace, instead they were raising uncalled insult on me and my Creator. Am highly excited that majority of reasonable followers understood the trick being played here by Sanusi with the opposition party APC in disguise. WHO is the BOOS? SANUSI or President JONATHAN?

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Social media spreads what you feed it – Ruggedman tells Lai Mohammed



Social media spreads what you feed it – Ruggedman tells Lai Mohammed

Ruggedman, Nigerian Rapper has stated that social media spreads what it is fed with.

The rapper said this in response to calls for social media regulation by Nigeria’s Information minister, Lai Mohammed.


RuggedMan tackles Lai Mohammed

Information Nigeria recalls that Lai Mohammed had said there is a need to regulate social media before it destroys the country.

RuggedMan tackles Lai Mohammed

Reacting to Lai Mohammed’s call for social media regulation, the famous rapper asked the Nigerian government to feed social media with contents of their completed projects and earn accolades rather than advocate for its regulation.

According to the musician, only those who are afraid of their failures being exposed are afraid of social media.

He tweeted, “Who is us? Social media spreads what you feed it. Feed social media with positive works you have done and it will be spread it. You will in turn get respect and accolades. Only those who do not want their unproductive, failed selves exposed are afraid of social media. #DoYourWork.”

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Protest against police brutality: Protesters loot shopping mall in Philadelphia (Video)



Protest against police brutality: Protesters loot shopping mall in Philadelphia (Video)

Protesters in have taken to the streets to break into and loot into businesses for a second night after officers in Philadelphia shot and killed a black man who was holding a knife in an encounter that city officials say raises questions.

The protests began after a Philadelphia Police officer fatally shot a Black man in West Philadelphia.

Protesters gathered in West Philadelphia around 7 p.m. Tuesday, October 27, and marched to the 18th District police headquarters.

Also, Tuesday night, the lawyer for the family of Walter Wallace Jr., who was shot dead by police, said the family had called for an ambulance, not police, to get him help with a mental health crisis.

The death of Walter in front of his family members sparked outrage, which in turn sparked demonstrations and then lootings as hoodlums took advantage.

Philadelphia police said that two officers were hurt during Tuesday night’s unrest, but they didn’t reveal the extent of their injuries.

Along with the protest, more looting occurred in the city Tuesday night and continued into Wednesday, despite Wallace Jr.’s family’s denunciation of such actions.

Many cars could be seen pulling up to the shopping centers as people ran in and out of stores with carts full of merchandise and even televisions. Police would move in and scatter the looters, but people would sometimes return once the officers left.

Below is a video:

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Peace and security will be restored in the country– President Buhari Tells Nigerians



Peace and security will be restored in the country– President Buhari Tells Nigerians

The President has reminded Nigerians of the need to guard jealously the unity of the nation which was won at great cost.

President Muhammadu Buhari has requested Nigerians to refrain from words and actions that could threaten the progress and unity of the country.

The President made the appeal during the launching of the 2021 Armed Forces Remembrance Day (AFRD) Emblem and Appeal Fund in Abuja on Wednesday October 28.

At the ceremony, President Buhari said this year’s occasion reminds Nigerians of the need to guard jealously the unity of the nation which was won at great cost.

The President, who stressed that ‘‘Nigeria’s strength lies in her diversity’’, honoured the memory of the nation’s fallen heroes and veterans, recounting their sacrifices during the First and Second World Wars, the Nigerian Civil War and Peace Support Operations around the world.

He also paid tribute to men and women currently engaged in internal security operations, particularly the ongoing fight against insurgency, terrorism and armed banditry in some parts of the country, praising them for remaining steadfast in the difficult task of restoring peace and security despite the coronavirus pandemic.

”We honour the memory of our gallant officers and men who have paid the supreme sacrifice in order to keep the country united as one entity.

‘The nation remains grateful for the efforts and sacrifice of the Armed Forces especially in the fight against insurgency and other internal security challenges confronting Nigeria.

‘The Armed Forces Remembrance Day or Veterans Day as it is known in some parts of the world is an important event observed in commemoration of the end of the Second World War.

In Commonwealth member countries, the Remembrance Day is observed on 11th November yearly. However, for us the date was changed to 15th January annually to accommodate the commemoration of the end of the Nigerian Civil War’’ he said.

On security operations in the North West and North Central zones in the country, President Buhari expressed delight at the return of normalcy in some of the areas that previously witnessed security challenges.

”Our dear nation has witnessed numerous security challenges since independence.

”These security threats have undermined Nigeria in the areas of trade, investment and economy, education, health as well as agriculture and frequently denied Nigerians the freedom of movement.

”I am however pleased to state that a lot has been achieved in the Internal Security operations in the North West and North Central zones where in addition to Operations LAFIYA DOLE, HADARIN DAJI, HARBIN KUNAMA, WHIRL STROKE, other operations such as ACCORD, SAHEL SANITY and KATSINA were successfully launched.

”This has led to the return of normalcy in some of the affected areas. However, all hands must be on deck to check attacks on soft targets, ” he said.

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