The reinstalled Emir of Kano, Muhammadu Sanusi Lamido Sanusi II has travailed in spite of orchestrated political/traditional debacles of over four years!
Having confronted President Goodluck Jonathan as Central Bank Governor over
a missing tranche of USD$20 billions which could not be traced to the Apex institution he was sacked due to his outspoken criticism of the government's financial practices and his allegations of missing oil revenue amounting to billions of dollars. His removal was seen as a response to his whistleblowing activities and his clashes with the government.
However his popularity did not diminsh as the people chose him to take over the vacant stool of Emir until the State Governor deposed him and sent him packing in 2020!
After Four Years of exile God's Mercy & Justice prevailed when he triumphantly drove into Kano City triumphantly with pomp and pageantry to occupy his rightful place as the authentic Emir of the ancient City of Kano on 23 May 2024 accompanied by new Governor, his Deputy and Speaker of State House of Assembly!



HISTORICAL EXCERPTS FROM WIKIPEDIA :

Muhammadu Sanusi II, CON spent most of his reign advocating for cultural reform in Northern Nigeria. In 2020, he was dethroned by Governor Abdullahi Umar Ganduje and was succeeded by his cousin Aminu Ado Bayero. On 23 May 2024, Governor Abba Kabir Yusuf reinstated him to the throne making him the 16th Fulani emir of Kano.

Prior to his accession, Sanusi was an Islamic intellectual, academic, political economist and banker. He served as the Governor of the Central Bank of Nigeria from 2009 to 2014, ushering in banking reforms until his suspension after he brought to light the $20 billion oil scandal.

Family

Sanusi was born on 31 July 1961 in Kano to a ruling class Fulani family of the Sullubawa clan. He grew up in the palace of his great-uncle Ado Bayero, who reigned for over five decades. His father, Aminu Sanusi, was a prince and diplomat who served as the ambassador to Belgium, China and Canada, and later permanent secretary of the Ministry of Foreign Affairs. He was also the Chiroma of Kano and son of Muhammadu Sanusi I, who was the 11th Fulani Emir of Kano from 1953 to 1963, when he was deposed by his cousin Sir Ahmadu Bello.

Banking

In 1985, Sanusi began his banking career when he was hired by Icon Limited (a subsidiary of Barings Bank and Morgan Guaranty Trust) – as a merchant banker before later becoming head of financial services and manager of the office in Kano. He left the bank in 1991, when he travelled to Sudan, to pursue studies in Arabic and Islamic studies at the International University of Africa in Khartoum. In 1997, he returned to Nigeria and joined the United Bank for Africa working in the credit and risk management division – he rose through the ranks to the position of general manager. In 2005, Sanusi became a board member and executive director in charge of risk management at First Bank of Nigeria – Nigeria's oldest bank, and one of Africa's largest financial institutions. In January 2009, Sanusi became the chief executive officer, becoming the first northern Nigerian to head the bank.

On 1 June 2009, Sanusi was nominated as Governor of the Central Bank of Nigeria by President Umaru Musa Yar'Adua; his appointment was confirmed by the Nigerian Senate on 3 June 2009, during the global financial crisis. In Nigeria, the effect of the crisis took a hit at the economy and the banking system, with the stock market collapsing by nearly 70%. It was amidst this crisis that Sanusi led the central bank in rescuing top tier banks with over ₦600 billion of public money, dismissing and imprisoning chief executives who had mismanaged customer deposits – and strictly dealing with banks found responsible for financial crimes. Sanusi attributed the crash in the capital markets to "financial illiteracy" on the part of Nigerian investors. He also introduced a consolidation process which reduced the number of Nigerian banks through merger and acquisitions, in a bid to make them stronger and more accountable to depositors. He also led efforts in increasing the level of investment in infrastructure and support for small and medium enterprises.

Sanusi's tenure initiated several extensive banking reforms termed the "Sanusi Tsunami". The reforms were built around four pillars: enhancing the quality of banks, establishing financial stability, enabling healthy financial sector evolution and ensuring the financial sector contributes to the real economy. Sanusi developed the cashless policy – whereby financial transactions are not conducted with money in the form of physical banknotes or coins, but rather through the transfer of digital information (usually an electronic representation of money) between the transacting parties; he also introduced and supported the establishment of Islamic banking in Nigeria, a move which was criticized by the Christian Association of Nigeria. He also clashed with the National Assembly, over its budgetary spending of 25% of all government revenue; and rejected the International Monetary Fund insistence for currency devaluation. He also advised the government on the removal of the fuel subsidy, which he argued engendered a culture of high level corruption and economic inefficiency – the removal of the subsidy was unpopular and led to the Occupy Nigeria movement, which called for his resignation.

His reforms received both criticism and appraisal from the industry. The Banker magazine recognised him as the 2010 Central Bank Governor of the Year, for his reforms and leading a radical anti-corruption campaign in the sector – the first of its kind during the financial crisis. Sanusi is widely recognized for pacifying the overtly corrupt banking industry and his contribution to a risk management culture in Nigerian banking. Sanusi has spoken at a number of international events including the 2013 World Economic Forum. In December 2013, Sanusi in a leaked letter to President Goodluck Jonathan revealed that the Nigeria National Petroleum Corporation (NNPC) failed to remit US$48.9 billion of government oil revenue to the central bank – the NNPC has a history of financial irregularities and oversees the corrupt petroleum industry in Nigeria. In February 2014, after a series of public investigations and raising the alarm on the US$20 billion NNPC scandal, Sanusi was suspended as Governor of the Central Bank of Nigeria by President Goodluck Jonathan. In April 2014, he won a court case against the federal government, after he was detained and his international passport confiscated by the State Security Service.


NOW THAT THIS CHILD OF PROVIDENCE IS BACK ON THE THRONE OF HIS FOREFATHERS......

All Kano citizens/residents should support his fresh ideologies to make up for the masses of "Talkawas" and draw from the wealth of inspiration bequeathed by late Alhaji Aminu Kano for his legacies to thrive.

Congratulations to the new King....long live the King!


[EXPECT A PRIME MINISTER IN NIGERIA NOW!]




I am yours sincerely, THE WATCHMAN Dr. David B.A. Olufon. 08130669886, 08058436756. g-mail-dvdolufon@gmail.