Nigeria’s Lamido Sanusi wins Forbes award

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Nigeria’s central bank governor Lamido Sanusi has been voted Africa Person of the Year by Forbes magazine. He beat five other candidates for the inaugural award – including Nobel Peace laureate Ellen Johnson Sirleaf and Africa’s richest man, Aliko Dangote. Mr Sanusi, 50, has spearheaded reforms in Nigeria’s troubled banking sector since his appointment in 2009.

The central bank bailed out nine banks and removed their chief executives who were accused of fraudulent practices. Several of the ousted bankers have been put on trial for alleged financial mismanagement.

He beat Mrs Sirleaf, the Liberian president who was awarded this year’s Nobel Peace prize, Mr Dangote, a Nigeria business tycoon who tops Forbes’ list of Africa’s richest people, former Cape Verde President Pedro Verona Pires, who won this year’s $5m (£3.2m) Mo Ibrahim prize for good governance in Africa and Wangari Maathai, the Kenyan Nobel Peace laureate who died in September.Last year, another financial publication, The Banker, named Mr Sanusi the Central Bank Governor of the Year.

Mr Sanusi’s critics says his reforms have led to massive job losses in the banking sector.But when receiving the award, he said the central bank’s role was not to create jobs but to create an environment for business to thrive, Nigeria’s privately owned newspaper, The Daily Trust, reports.

He called on the government to show tighter fiscal discipline and to discourage imports. “You cannot be exporting crude oil and be importing refined petrol,” Mr Sanusi said, according to The Daily Trust. Nigeria is a leading oil producer but most people live in poverty. Corruption is also seen as a huge problem in the West African state

Source: BBC Africa

 

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  1. CBN Governor Sanusi Lamido Sanusi recently in October, last month bought/paid 1 Billion Naira for a property beside his new house in Maitama to use for a garden(hanging garden of babylon). He is as we speak pulling down d house on d property with d current tenants still living in it. D occupants of d house are young workers whom their rent is yet to expire. The landlord has refused to pay d tenants and Sanusi has refused to give them more time to find suitable accommodation. Some have vacated but others can’t due to lack of funds. They will be tossed out tomorrow morning with their belongings so d garden constructions can begin. Fellow Nigerian’s we stood together and fought the Airtel owners to return d sacked workers who today thanks to us have their jobs back. Help these voiceless/powerless Nigerians keep a roof over their head forward to all your contacts. D address is No 1 Missouri street, off Colorado Maitama Abuja. While Sanusi’s is No 2 Missouri Street Maitama Abuja. Plz stop this heartless hypocrite Sanusi from oppressing the powerless!!! Forward ( I wonder how he got 1billion naira,how much is a CBN governor salary

    am lost here,to think he is amongst the clean pple in nigeria,may God save us).

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