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Tag: sanusi

  • Ban on multiple wives: Islamic cleric, Daurawa warns Sanusi not to violate Quran’s

    Ban on multiple wives: Islamic cleric, Daurawa warns Sanusi not to violate Quran’s

    An Islamic cleric and Kano State Commander-General of the Hibah Board, Sheikh Aminu Ibrahim Daurawa, has reacted to the plan by the Emir of kano, Muhammadu Sanusi, to propose a law that restricts poor men in the emirate from marrying many wives.

    Recall that Sanusi had divulged his plans, saying he would ensure that the law would be passed by the Kano State Government as a way of immortalizing Ambasador Isa Wali, a former Nigerian High Commissioner to Ghana, who was one of the first northern elements to advocate gender equality.

    But the cleric, in his reaction, said the Emir’s plan will violate the Quran.

    Speaking with BBC Hausa, Daurawa said the criteria for marrying another wife as contained in the Quran should be strictly followed.

    Daurawa advised the monarch to focus on enlightening the people on the intricacies of polygamy.

    He said, “Allah’s position on marriage is sacrosanct as stated in the Holy Quran and any infringement is nullity.

    “What needs to be done is not enactment of a law that would bar the poor from marrying more than one wife but rather enlightenment on the intricacies of polygamy.

    “There about 13 criteria to be followed before one qualifies to marry a second wife and this include been just and caring to the wife as been enshrined in the Holy Quran should be strictly followed,”

  • Sanusi meets Osinbajo in Aso Rock Villa

    Sanusi meets Osinbajo in Aso Rock Villa

    The Emir of Kano, Muhammadu Sanusi, yesterday visited Acting President Yemi Osinbajo at the Aso Rock Presidential Villa in Abuja.

    Sanusi and Osinbajo held closed-door meeting at the Vice President’s Wing of the State House.

    The emir declined comments when approached by State House correspondents on his mission to the Villa.

    He said: “You can just report that I came to the villa.”

    Sanusi had last August advised President Muhammadu Buhari’s government to reverse its economic policies in order to avoid former President Goodluck Jonathan’s administration’s pitfall.

    Also last December, the emir condemned plans by President Muhammadu Buhari to borrow $29.96 billion, saying it would be difficult for the loan to be granted as Nigeria has five exchange rates.

  • CBN/$30bn loan: Sanusi lacks facts, spoke from point of ignorance – Presidency

    CBN/$30bn loan: Sanusi lacks facts, spoke from point of ignorance – Presidency

    The Presidency on Saturday said the Emir of Kano, Muhammadu Sanusi II, did not have the facts on the issues over which he criticised President Muhammadu Buhari’s administration.

    It also said that $30 billion loan which the government was seeking senate approval for was for the building of massive social infrastructure.

    Sanusi had, on Friday, said the Buhari administration lacked the right policies to fix Nigeria’s economy, even as he warned of grave consequences of borrowing $30bn from external sources.

    He had stated that even if the Senate approved the loan, no foreign nation or financial institution would be willing to accede to the country’s loan request.

    But responding through the Senior Special Assistant to the President on Media and Publicity, Mallam Garba Shehu, the presidency admitted that the federal government had made withdrawals from the account but not the volume of N4.5 trillion as Sanusi alleged.

    “With every respect to the Emir, you know he is my ruler,because I come from Kano.

    “He doesn’t have his facts as far as those issues are concerned. The issue in CBN, that government has overdrawn its Central Consolidated Account is true, but the overdrawing is within limits.

    “The overdraw does not exceed 1.5 trillion. It is incorrect to say, as he did that the account was overdrawn by 4.5 trillion. “But even assuming that he was correct, this is a government that has money in excess the amount he mentioned in the Treasury Single Account, TSA.

    It is just like you, a bank customer operating two accounts, one in the red and the other, well funded to the point that it can at any time wipe the indebtedness on the other. Would any bank manager lose their sleep over this?

    “This, I am told is what the IMF found at the CBN and they said it is perfectly normal. “As for his opposition to the USD 30 billion loan, I am aware that the Minister of Finance is responding to that.

    “As a private citizen, I want to read his statement again. I thought that the borrowing is for projects that include the railway and electricity development in the country”, Shehu said.

  • It is easy to criticise from outside, CBN tells Sanusi

    It is easy to criticise from outside, CBN tells Sanusi

    The Central Bank of Nigeria, CBN has reacted to a statement credited to Muhammad Sanusi II, emir of Kano and former governor of the Central Bank of Nigeria (CBN), accusing the apex bank of illegally lending to the federal government.

    In his reaction to Sanusi’s statements, CBN’s Ag. Director, Corporate Communications, Isaac Okoroafor, said it is always easier to criticise from outside, stressing that the grass seems greener when people are out of office.

    His words, “First I want to state that the Central Bank of Nigeria has set up an inter-bank foreign exchange market where anyone who wishes to buy foreign exchange can bid for and buy through their banks.

    It is not true that CBN allocates dollars. There is nowhere in the world that the Central bank sits by and allows vicious speculators to solely distort the value of its currency endlessly.

    All central banks intervene to buy or sell in the market to ensure that the local currency is protected from dubious attacks.

    The channels for advice and contribution of ideas on the current economic situation by all patriotic Nigerians are open. It is rather unfortunate that some people have chosen to play to the gallery and to make statements to disparage those in leadership at this time in total insensitivity to the larger interests of the Nigerian economy.

    We should not forget that the seed of our current economic crisis was planted by the failure of those who occupied public office in the past but failed to act in the long term interest of the Nigerian economy. It is easy to criticize from outside.

    It is always easier and the grass greener when people are out of office. The challenge we face today is a choice between pandering to the established interest in Nigeria’s speculative economy and the protection of the wages of the real stakeholders who work hard on fixed incomes. For they are the core victims of Naira depreciation.

    At this critical time in the life of our country the CBN will continue to explore avenues with the Federal Government in order to find solutions to the current economic situation. Already Nigerians are waking up to the call to be more productive and to look inwards and to be less dependent on the importation of foreign goods and services.