LAMIDO SANUSIS RESPONSE Nigeria’s suspended Central Bank Governor, Sanusi Lamido, accused by President Goodluck Jonathan of wasting public funds on unapproved projects, has provided details of how the president himself personally authorized some of those spending, one of them a multi billion naira purchase of helicopters for the police, and another, a N2.1 billion renovation of the cabinet meeting room in the presidential villa. Mr. Sanusi said the police project, which also involved buying other security equipment, cost N19.7 billion, and that it was carried out “upon the instruction” of President Jonathan. The president, he said, also requested that the CBN pay N3.2 billion for the construction of a new counter terrorism centre for the office of the National Security Adviser, alongside other projects. “Consistent with our policy of development, upon the instruction of His Excellency, the President, the CBN intervened by paying N19.7 Billion to the Ministry of Police Affairs for the purchase of armoured helicopters and other security equipment,” he said. “Also, upon the application of the Secretary to the Government of the Federation, the CBN paid N2.1 Billion for the automation and renovation of the Federal Executive Council Chamber.” Details of the spending on “intervention projects” are contained in a lengthy statement released by the CBN governor early Sunday. Mr. Sanusi said he was responding to the government’s allegation of financial recklessness against him, a charge Mr. Jonathan said was the basis for his suspension. FOOD FOR THOUGHT N2.1 Billion Naira renovation of the federal cabinet meeting room? This is MADNESS
Posted on: Mon, 17 Mar 2014 16:30:30 +0000
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