News filtering in about the purported suspension of the Governor of the
Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi, by the President
is the most egregious desecration of the rule of law and the principle
of legality in Nigeria to date. It is unsurpassed in its blatant
illegality and immorality. PM News reports.
The decision is symptomatic of the desperation that has gripped the
presidency and its allies in the wake of the troubling allegations made
by the Governor of the Bank that public officials in the NNPC are
looting the country blind in the name of subsidy payments. To the best
of my knowledge the allegation has not been coherently answered by the
Corporation or by the Government.
As far as the law goes, the
purported suspension of the Governor is unwarranted. Section 11 of the
Central Bank of Nigeria Act, 2007 clearly lists the instances when the
Governor or any of his Deputies can cease to remain in office. For the
avoidance of any doubt whatsoever, none of such instances include
suspension by the President. Click on KEEP READING to continue...
The only mention of the word
‘suspension’ is in section 11(1)(d) and that relates to the removal of
the Governor when he or she is disqualified or suspended from practicing
his or her profession in Nigeria. Of course, the illegal suspension of
the Governor is not from a professional body and is not at all
contemplated by the law.
It should be pointed out that the only occasion the President can
recommend the removal of the Governor or exercise any disciplinary
control over him is under section 11(1)(f) and that recommendation must
be supported by two-thirds majority of the Senate before he can be
removed. Now the law is indubitably clear that the express mention of
one thing is the exclusion of the other. In other words, if the law had
intended that the President exercises the power of suspension over the
Governor of the Central Bank it would have expressly stated so,
particularly as the same law provides for the removal of the Governor
based on his suspension from professional practice.
For the avoidance of any doubt, the entire provision of section 11 of the CBN Act goes thus:
CESSATION OF CBN GOVERNOR’s OFFICE
11. Disqualification and cessation of appointment.
(1) A person shall not remain a Governor, Deputy Governor or Director of the Bank if he is-
(a) a member of any Federal or State legislative house; or
(b) a Director, officer or employee of any bank licensed under the Banks and Other Financial Institutions Act.
(2) The Governor, Deputy Governor or Director shall cease to hold office in the Bank if he-
(a) becomes of unsound mind or, owing to ill-health, is incapable of carrying out his duties;
(b) is convicted of any criminal offence by a court of competent jurisdiction except for traffic offences or contempt proceedings arising in connection with the execution or intended execution of any power or duty conferred under this Act or the Banks and Other Financial Institutions Act;
(c) is guilty of a serious misconduct in relation to his duties under this Act ;
(d) is disqualified or suspended from practising his profession in Nigeria by order of a competent authority made in respect of him personally;
(e) becomes bankrupt;
(f) is removed by the President:
(a) a member of any Federal or State legislative house; or
(b) a Director, officer or employee of any bank licensed under the Banks and Other Financial Institutions Act.
(2) The Governor, Deputy Governor or Director shall cease to hold office in the Bank if he-
(a) becomes of unsound mind or, owing to ill-health, is incapable of carrying out his duties;
(b) is convicted of any criminal offence by a court of competent jurisdiction except for traffic offences or contempt proceedings arising in connection with the execution or intended execution of any power or duty conferred under this Act or the Banks and Other Financial Institutions Act;
(c) is guilty of a serious misconduct in relation to his duties under this Act ;
(d) is disqualified or suspended from practising his profession in Nigeria by order of a competent authority made in respect of him personally;
(e) becomes bankrupt;
(f) is removed by the President:
Provided that the removal of the Governor shall be supported by two-thirds majority of the Senate praying that he be so removed.
(3)
The Governor or any Deputy Governor may resign his Office by giving at
least three months’ notice in writing to the President of his intention
to do so and any Director may similarly resign by giving at least one
months’ notice in writing to the President of his intention to do so.
(4)
If the Governor, any Deputy Governor or Director of the Bank dies,
resigns or otherwise vacates his Office before the expiry of the term
for which he has been appointed, there shall be appointed a fit and
proper person to take his place on the Board for the unexpired period of
the term of appointment in the first instance if the vacancy is that
of-
(a) the Governor or a Deputy Governor, the appointment shall
be made in the manner prescribed by section 8 (1) and (2) of this Act;
and
(b) any Director, the appointment shall be made in the manner prescribed by section 10 (1) and (2) of this Act.
(b) any Director, the appointment shall be made in the manner prescribed by section 10 (1) and (2) of this Act.
The
purported removal of the Governor of the Central Bank is a continuation
of the atrocious illegalities perpetrated by the present
administration. From Salami to the serial acts of infamy imposed on the
people of Rivers State and now to Sanusi, one can say without any fear
of equivocation that the cup of illegalities of this administration is
full.
If we don’t act now, we don’t know whose turn it would be
next. We must challenge the desecration of the laws of our country by
its Chief custodian. The Senate must view the so-called suspension of
the Governor for what it is: a naked usurpation of its powers and
privileges. There is no room for illegal removal of the Governor through
the back door.
The Nigeria Bar Association now has an opportunity
to redeem whatever is left of its image by demanding that the Attorney
General of the Federation who is deemed to be privy to this embarrassing
decision step aside or is declared persona non grata. The people and in
particular the civil society must ensure that this latest rape of our
laws does not stand.
.Aturu is a constitutional, human rights lawyer based in Lagos, Nigeria
.Aturu is a constitutional, human rights lawyer based in Lagos, Nigeria
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