Breaking News
Translate

Gani’s chamber riles CBN on IBB golf sponsorship

By Abdulwahab Abdulah
The law Chambers of the late Gani Fawehinmi, yesterday condemned the alleged sponsorship of the Central Bank of Nigeria Governor’s Golf tournament by the Central Bank of Nigeria (CBN), describing the gesture as “regrettable and show of rascallism.”

In an open letter to Nigerians signed by Mr Mohammed Fawehinmi, a copy of which was made available to Saturday Vanguard, the chambers said that the efforts by the CBN through its Governor, Mallam Sanusi Lamido to advert in the dailies and sponsor the said golf tournament was a show of rascalism and recklessness by the CBN and its Governor, especially when the fortune of the country and its citizenry were nothing to write home about.

The statement read : “ It is regrettable that a man who should be occupied and concerned  with salvaging the dwindling economic fortunes of Nigeria and the unstable financial system has the time to think, let alone collaborate with the IBB International Golf & Country Club to organize a golf tournament in honour of a self_styled military president whom so many conscientious Nigerians have condemned.

“What is more painful is that he (CBN Governor) had the effrontery to use our funds (Nigerians) to sponsor this advert in the name and on behalf of the Central Bank of Nigeria.

All these show of rascallism on the part of Mallam Sanusi Lamido Sanusi justifies my questioning of his competence as the Governor of Central bank of Nigeria – who is at the helm of affairs of the Central Bank of Nigeria as an institution which is saddled with the responsibility of controlling and supervising other financial institutions and on whose hand the economy of Nigeria revolves.”

He condemned the nonchalant attitude of the government to  the plights of Nigerians and the financial system that is still struggling to get out of the woods and the sheer waste of the country’s resources by the Central Bank of Nigeria Governor.

He said with the steps the CBN Governor is taking, “the financial and banking sector of this country will suffer from the policies Mallam Sanusi Lamido Sanusi will enact and set in motion as the man at the helm of affairs of the Central Bank of Nigeria which will further impoverish Nigerians.”


Disclaimer

Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.