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Tuesday, 29 July 2014
former Central Bank Governor, and now Emir of Kano, Sanusi Lamido Sanusi, was running riot
WHEN the mouth of the former Central Bank
Governor, and now Emir of Kano, Sanusi Lamido
Sanusi, was running riot, and the ever busy bees of
the opposition trumpeted his lies about missing oil
funds, many Nigerians, so used to the corruption of
top government officials in times past and present,
were aghast and lent their voice to the debate for
and against the bogus claim.
But, today, courtesy of the Senate of the Federal
Republic, we now know that the man who headed
our bank of banks was a liar of the first order.
Thank God, he has been removed from his central
position in Abuja to become a local champion in
Kano. The pity will be for the Kanawas who have to
contend with a mischievous monarch who will do
anything, including lying publicly, to save his skin. It
is clearly what a traditional ruler should be that the
good (and of course, bad) people of Kano have to
live with for the number of years Allah will grant him
on the throne.
A fearful Sanusi, whose neck was on the line for the
way he managed the resources of the CBN, had
cleverly put the President’s back to the wall when
he wrote to Goodluck Jonathan on the non-
remittance to the Federation Account by the
Nigerian National Petroleum Corporation, NNPC, of
$49.8billion, representing 76 per cent of the value of
crude oil lifting from January 2012 to July 2013.
The letter, which political strategists expected to
undo the ruling government, had been leaked to the
press. But after a presidentially ordered
reconciliation, the Emir, looking like a cock
thoroughly beaten by heavy downpour, retraced his
steps and agreed that the figure was over $12
billion, which revised again downward to $10.8
billion and later (finally) to $20 billion.
In putting a lie to the irresponsible letter of the Emir
of Kano, the Senate Committee on Finance, headed
by former Kaduna Governor, Ahmed Makarfi,
declared that “there was never any unremitted
$49.8 billion….The committee could not see how the
figure of $49.8 billion was arrived at by the CBN
governor in the first instance.”
One Senator, Ayogu Eze, commended the
committee for the professional work it did,
applauding it for hiring professional auditors who
made it possible to have the job of investigation to
be well done. He said it was amazing that the
governor of the CBN then, who was supposed to
know the facts, was preoccupied with misleading
the country by giving conflicting reports.
But the committee stated that all the agencies,
which made presentations to it, agreed, after
reconciliation, that $47 billion out of the $67 billion
had been credited to the Federation Account,
leaving only $20 billion yet to be accounted for. Part
of the outstanding $20 billion was the $5.254 billion
spent on subsidy for Premium Motor Spirit by the
Petroleum Products Pricing and Regulatory Agency,
which was covered by the Appropriation Acts of
2012 and 2013, the Senate Committee said.
It added that the $3.512 billion spent for kerosene
subsidy as certified by PPPRA for the period
January 2012 to July 2013 was still part of the $20
billion.
But the subtle indictment of relevant National
Assembly committees was not lost on its Chairman,
Senate President David Mark, who looked for the
whip he should have used a long time ago, and
lashed his colleagues.
He also did not spare the Emir, even though he was
political enough not to want to hurt the sensibilities
of the Kanawa nation, by not making any direct
reference to his office or person, but it was obvious
he was referring to him when he hinted at rumour
mongers.
His words: “At the inception of the seventh Senate, I
did say emphatically that there is no issue in this
country that we cannot discuss as respected and
distinguished senators of the Federal Republic of
Nigeria. If we have the courage to set up a
committee, nothing will stop us from taking the
report of that committee and nothing will be swept
under the carpet in this red chamber.
“I think what is glaring from this report is that we
are all guilty. If the committees expected to carry
out oversight functions on the NNPC were doing
their job very well, we wouldn’t have needed the
governor of Central Bank to ring an alarm bell before
reacting. Whether the alarm is genuine or not, is
another matter. The executive may have good
reasons but the legislature obviously does not have
reasons not to find out. Let me appeal to the various
committees to endeavour to do their work.
“Facts are different from rumours and what we
have before us are the facts based on the interview
conducted by the committee on public hearing and
on all the documents that they could put together.
One thing is very obvious, due process has not
been followed and they have stated so very clearly.
“On the issue of subsidy, I want to appeal that we
should not pit ourselves against the public opinion.
If subsidy has to be removed, there must be public
enlightenment and education so that facts would be
made available to the people and then public opinion
at the end of the day will count.
“If we sit here now and say remove subsidy, I think
those who are benefitting from subsidy are very
powerful and tomorrow they would influence media
reports and twist it to create an impression that the
Senate is anti-people.
“If the subsidy has to go, I don’t have problems with
that but let us sensitise the people over a very long
period of time so that everybody will be carried
along and everybody will be on board and we then
can take a final decision on the issue of subsidy
because the recommendations are far- reaching.”
Mark spoke well. He hit the bull in the eye, but it
should be added that when federal lawmakers, who
are part of the Federal Government fail to do their
jobs, and rather run around the corridors of
Ministries, Department, and Agencies, MDAs, to
curry favours, they leave everyone in government,
especially themselves, culpable when men with
diarrhoea of the mouth, like Sanusi, speak.
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