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Thursday 20 February 2014

Nigeria's Sanusi says suspension should be challenged

 Nigerian central bank governor Lamido Sanusi said on Thursday he would challenge a shock decision by President Goodluck Jonathan to suspend him, saying a failure to do so would compromise the future independence of the bank.
He would not be returning to his job, he said, but felt his suspension should be challenged in the courts to guaranteed the independence of the central bank.
"There's also the big question of whether the president has the authority to remove the central bank governor" he told CNBC Africa. "If that is not challenged, the next central bank governor cannot be independent."


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