Sanusi wants Tinubu to appoint Minister of Petroleum, seeks audit of NNPC

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Former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, has asked President Bola Tinubu to appoint a substantive Minister of Petroleum, while calling for a proper audit of the Nigerian National Petroleum Company Limited (NNPCL).

Sanusi, who noted that this call cost him his job at the Central Bank of Nigeria Governors, CBN, said the operations of the NNPCL is the most opaque in the world.

Sanusi was speaking at The Bank Directors Summit holding at the Congress Hall of the Transcorp Hilton in Abuja.

Sanusi, who was CBN governor from June 2009 to February 2014, said it was wrong for former President Muhammadu Buhari to remain as the Minister of Petroleum fir eight years.

Also, Sanusi said the Asset Management Corporation of Nigeria (AMCON) and the Nigeria Deposit Insurance Corporation (NDIC) must remain until banks get together and pay up what they owe the system.

According to him, the banking sector must shore up its trust deficit in the eyes of the public and that there is no need to amend the CBN Act to keep the apex bank free of political influences.

In August, about three months after his inauguration, President Bola Tinubu split the Ministry of Petroleum Resources with the appointment of Ekperipe Ekpo as Minister of State, Gas Resources; and Heineken Lokpobiri as Minister of State, Petroleum Resources.

However, Tinubu, in an apparent tradition of his predecessor, ex-President Buhari, kept the position of the substantive Minister of Petroleum Resources to himself.