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CBN Act Grants President Authority To Remove Deputy Governors
CBN Act Grants President Authority To Remove Deputy Governors....KINDLY READ THE FULL STORY HERE▶
In the midst of the unfolding developments regarding the resignation of Godwin Emefiele, the Governor of the Central Bank, recent scrutiny of the CBN Act has revealed that the President possesses the unilateral authority to remove deputy governors. The President’s power to dismiss the Central Bank Governor, on the other hand, requires a two-thirds majority approval from the Senate, a requirement that does not extend to deputy governors.
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Section 11, subsection 2f of the CBN Act explicitly grants the President the authority to remove any deputy governor without the need for consultation with the National Assembly. In contrast, the Act stipulates that the removal of the Governor must be supported by a two-thirds majority vote in the Senate, placing the fate of deputy governors primarily in the hands of the President.
President Tinubu has recently announced a new set of nominees for deputy governors, including Mrs. Emem Nnana Usoro, Mr. Muhammad Sani Abdullahi Dattijo, Mr. Philip Ikeazor, and Dr. Bala M. Bello. These nominees await ratification from the Senate and are intended to replace the outgoing deputy governors, namely Kingsley Obiora, Aishah Ahmad, Ade Shonubi, and Edward L. Adamu.
Despite these presidential nominations, the current deputy governors have not tendered their resignations as of September 16th. Sources close to the deputy governors have indicated that no formal resignations have been submitted. According to these sources, some of the deputy governors’ tenures were recently extended by the National Assembly, and therefore, they are still legally in office, having neither been dismissed by the President nor the National Assembly.
The situation surrounding the deputy governors is further complicated by the National Assembly’s recent extension of the tenure of some of them. Last December, the Senate approved second five-year terms for Aisha Ahmad and Edward Adamu. Dr. Kingsley Obiora, who was appointed in March 2020, is in the fourth year of his term, while Ade Shonubi’s term is set to expire in October.
Legal experts have weighed in on this matter, highlighting that the CBN Act allows both the Governor and Deputy Governors of the Central Bank to submit their resignations at least three months in advance, in writing, to the President. The Act also empowers the President to appoint replacements to serve the remaining duration of the term. Notably, while Senate support is required for the removal of the CBN Governor, the same does not apply to the Deputy Governors, allowing the President to dismiss them without Senate approval.
In essence, the law stipulates that the President can remove a Deputy Governor without Senate involvement, but Senate approval is necessary to remove the Governor. The recent nominations for deputy governors are subject to confirmation by the Nigerian Senate, and the fate of the CBN Governor, Godwin Emefiele, remains uncertain, with reports suggesting his resignation and a three-month notice period if accurate.
In summary, the President has the authority to remove Deputy Governors of the Central Bank without Senate confirmation, while the removal of the Governor requires a two-thirds majority vote in the Senate. The recent nominations for these positions are awaiting Senate confirmation, and the situation regarding the current officeholders is complex, with legal and procedural considerations at play.
The African Democratic Congress (ADC) has welcomed the intervention of the Nigerian Bar Association (NBA) in its ongoing leadership dispute, describing the legal body’s position as a validation of its long-standing claims of judicial abuse.....KINDLY READ THE FULL STORY HERE▶
In a statement signed by Mallam Bolaji Abdullahi, the party said the NBA’s caution against forum shopping and abuse of court processes supports its stance that attempts to challenge its leadership in court are legally flawed.
The ADC said the NBA had clarified that courts do not have jurisdiction over internal affairs of political parties and that seeking interim or interlocutory orders in such matters contravenes the Electoral Act.
According to the party, this position aligns with its belief that the legal process is being manipulated for political purposes rather than genuine dispute resolution.
It described the situation as a coordinated attempt to weaponise the judiciary, which the NBA had reportedly condemned as abuse of court process driven by forum shopping and malicious litigation.
The ADC further linked the crisis to broader political tensions, alleging that it reflects anxiety within the ruling party amid insecurity, economic hardship, and declining public trust ahead of the 2027 elections.
The party warned that any court orders obtained contrary to due process would be legally defective and unenforceable.
While commending the NBA for urging disciplinary action against erring legal practitioners and judicial officers, the ADC called on the Independent National Electoral Commission (INEC) to remain strictly neutral.
It stressed that INEC must not take any action that could legitimise what it described as unlawful judicial interference in party affairs.
The party added that the matter goes beyond internal politics and concerns the integrity of Nigeria’s democracy, vowing to pursue all lawful means to defend its position.
An aspirant for the 2027 Lagos governorship election under the All Progressives Congress (APC), Abdul-Azeez Adediran, popularly known as Jandor, has said the party has not adopted any consensus or anointed candidate.....KINDLY READ THE FULL STORY HERE▶
In a statement issued by his spokesman, Gbenga Ogunleye, Jandor aligned with the official position of the Lagos APC leadership, stressing that no aspirant has been selected ahead of the party’s primary election.
He insisted that all interested aspirants will participate in a credible and competitive primary to determine the party’s flagbearer.
However, he noted that if the party leadership eventually opts for a consensus arrangement, he would respect and fully support the decision regardless of who emerges.
According to the statement, Jandor reaffirmed his commitment to the race, saying he is actively strengthening his grassroots support base and engaging widely with party stakeholders across Lagos State.
He also cautioned against mistaking individual campaigns or group endorsements as the official position of the APC leadership.
Jandor maintained that only an official pronouncement from the party leadership would determine its final choice of candidate for the 2027 governorship election.
The Senator representing Oyo North Senatorial District and a 2027 governorship aspirant under the All Progressives Congress (APC), Buhari Abdulfatai, has urged Nigerian women to support President Bola Ahmed Tinubu’s re-election bid in 2027.....KINDLY READ THE FULL STORY HERE▶
He said Tinubu’s continuity in office was necessary to sustain ongoing reforms and promote equity, justice, and fairness across the country.
Buhari made the call while speaking with journalists at the end of a three-day women’s capacity-building programme held in Oyo North.
He commended the President for creating an enabling environment that allowed lawmakers to initiate empowerment programmes targeting women, especially in small and medium-scale enterprises within agricultural value chains.
The senator disclosed that 120 women from across Oyo State benefited from the training, with each receiving ₦100,000 to support their businesses.
He urged beneficiaries to use the funds wisely to improve their livelihoods and continue supporting the administration’s policies.
Buhari also encouraged participants to pray for the President, describing him as committed to improving the welfare of women and youths.
He explained that beneficiaries were drawn from all three senatorial districts in Oyo State, expressing confidence that Tinubu would emerge as the APC presidential candidate in 2027.
According to him, both he and the President recognise the crucial role of women in securing electoral victory for the party.
He added that more empowerment and capacity-building programmes would be rolled out in the near future to further support women and small business owners.
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