Nigeria News

Ousted CBN Governor Loses Round One; Court declines his plea for re-instatement

SanusiSuspended Central Bank Governor, Mallam Lamido Sanusi’s lost his bid to return as CBN governor Wednesday after an Abuja Federal High Court refused an ex parte motion he filed in a bid to set aside his suspension by President Goodluck Jonathan.

In a ruling, Wednesday, Justice Gabriel Kolawole, said it would not be in the interest of justice for him to grant such application without hearing from those that were dragged before the high court by the embattled CBN governor.

Consequently, Sanusi, was ordered to go and serve the relevant court processes on President Goodluck Jonathan, the Attorney General of the Federation and the Inspector General of Police, who were all listed as defendants in the matter, even as the substantive suit was adjourned to March 12 for hearing.

Nevertheless, Justice Kolawole, maintained that should the court, at the conclusion of the matter, discover that the CBN governor was wrongfully suspended without recourse to the due process of the law, he said the court has the constitutional powers to not only void the suspension, but also order that he should return to office to perform his duties as the head of the apex bank.

According to the Judge, even where the tenure had lapsed, the court could order the defendants to pay the plaintiff such remunerations and allowances that ought to have accrued to him within the period of his suspension, “this is in any event that the suspension carries with it the stoppage of the plaintiff’s remuneration and allowances.”

In the motion he filed on February 24, the apex bank chief asked the court to reinstate him, and also make an order of interlocutory injunction restraining the President, the Attorney-General of the Federation and the Inspector-General of Police from stopping or preventing him from performing the functions of the CBN governor and enjoying in full, the statutory powers and privileges attached to the office.

Anthony-Claret Onwutalobi
Anthony-Claret Onwutalobi
Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC and CEO of Portia Web Solutions. Mr. Claret publishes and manages the content on Codewit Word News website and associated websites. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.

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