Islamic banking: PFN urges Jonathan to sack Sanusi

BY CHIDI NKWOPARA

OWERRI-Pentecostal Fellowship of Nigeria, PFN, yesterday, urged President Goodluck Jonathan to sack Governor of Central Bank of Nigeria, CBN, Malam Lamido Sanusi, over the controversial Islamic banking system. 

PFN Vice-President, South-West zone, Bishop Francis Wale Oke, said  that Sanusi had lost the capacity to regulate the nation’s banking industry.

 He said: “Having become a promoter of a sensitive and volatile issue as the Islamic banking project, we have lost confidence in the CBN boss.”

Bishop Oke said the Islamic banking project was capable of eroding the nation’s territorial integrity and sovereignty.

He said: “The secular status of the country still remains non-negotiable as provided for in the 1999 Costitution. The approach of the CBN governor  should be reviewed, especially as he is the governor of an Islamic bank.”

Bishop Oke cautioned Islamic clerics threatening fire and brimstone over Sanusi’s banking system to be “mindful of the consequences of their unguarded inflammatory utterances.”