In a lively exchange at the launch of a book titled Public Policy and Agents Interests: Perspectives From The Emerging World, Emir of Kano, Muhammad Sanusi II, made headlines with his remarks about his dismissal as Governor of the Central Bank of Nigeria (CBN) by former President Goodluck Jonathan. Sanusi’s comments challenged Jonathan’s narrative that he was merely suspended for an investigation into the alleged disappearance of $49.8 billion.
The Constructive Dismissal Debate
During the event, Jonathan dismissed Sanusi’s assertion that his removal was linked to his exposure of corruption within the government. The former president maintained that Sanusi was not fired but suspended for the purpose of investigation. However, in a humorous retort, Sanusi quipped that he had been “constructively sacked,” emphasizing that he had no personal grudges against Jonathan.
“My boss who sacked me. I was constructively dismissed. I continue to respect Jonathan and I don’t have grudges against anyone,” Sanusi stated while taking the podium after Jonathan’s remarks. His insistence on being sacked rather than merely suspended reignited discussions surrounding his controversial tenure at the CBN and the circumstances of his departure.
Broader Concerns on National Interests
In addition to his comments about his dismissal, Sanusi addressed concerns regarding the current state of the Nigerian economy, particularly focusing on the Dangote Refinery. He lamented that Nigeria should be capitalizing on the potential benefits of reducing fuel imports due to the refinery’s establishment. Instead, he claimed that vested interests were hindering progress.
“Instead of grabbing this opportunity, we are frustrating it. This is due to vested interests,” Sanusi remarked, highlighting a pervasive issue within Nigeria’s political and economic landscape. He criticized the concept of a “rental state,” where individuals in power prioritize personal gain over national progress. “People get into office and what they think is how much they can get from the state,” he added, suggesting a troubling trend in governance.
Acknowledging Public Service Integrity
During the event, Sanusi also expressed admiration for Dr. Shamshudeen Usman, the chief author of the book and a former Minister of Planning under Jonathan’s administration. Notably, he pointed out that Usman, despite his long public service career, had never faced scrutiny from the Economic and Financial Crimes Commission (EFCC), underscoring the importance of integrity in public office.
This exchange between Sanusi and Jonathan not only rekindles past controversies surrounding the CBN but also serves as a broader commentary on the challenges facing Nigeria today. As discussions unfold, many are left wondering how the country can move past entrenched interests to foster real economic growth and governance reform.
