PDP backs backs action

By Our Reporter
In Nigeria News Feed
Feb 24th, 2014
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The Peoples Democratic Party (PDP) has condemned what it calls attempts by certain individuals and groups to politicise Central Bank of Nigeria (CBN) Governor Sanusi Lamido Sanusi’s suspension.

PDP National Publicity Secretary, Chief Olisa Metuh, in a statement yesterday, said the issues leading to Sanusi’s suspension strictly bordered on the management of the nation’s economy and urged Nigerians to disregard those attempting to politicise or introduce sentiments into the matter.

Supporting the suspension, the party said it has “implicit confidence in President Goodluck Jonathan and his efforts to ensure the stability and growth of the economy”, adding that the decision was in the best interest of the nation.

The party also dismissed insinuations that the suspension was aimed at silencing a whistle blower and promoting corruption. It said after thorough analysis of the issues surrounding the suspension, “it was clear that the decision was in tandem with the commitment of the Federal Government to safeguard the CBN and the entire financial sector from abuses”.

The PDP said the findings of the Financial Reporting Council revealed series of administrative recklessness in the CBN, which are “very weighty and cannot be swept under the carpet of politics and sentiments”.

Debunking suggestions that the suspension will negatively affect the economy, the PDP observed that instead, it has restored confidence in the financial sector and in the government’s ability to check abuses harmful to the system.

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