CBN rules out terminal leave for Sanusi, says he will leave on June 2

Central Bank of Nigeria (CBN) on Thursday said the bank’s governor, Mallam Sanusi Lamido Sanusi will no longer proceed on terminal leave, but will leave office on June 2 this year.
Speaking to journalists at the end of a press briefing on the execution of the Payments System Vision 2020 (PSV2020) Strategy, in Abuja, the CBN’s spokesman Mr. Ugo Okoroafor, said Sanusi held a “family meeting” with staff of the bank and told them that he was no longer proceeding on “terminal leave” but will serve out his tenure in office as CBN governor till June 2.
It would be recalled that the CBN governor had agreed to proceed on “terminal leave” in March following the fiasco generated by the report of the allegedly missing $49.8 billion that was supposed to have accrued to the federation account.
However, Okoroafor, has dismissed the report, saying the “terminal leave” if it was ever in the offing was no longer feasible as Sanusi has resolved to leave office in June 2.
Earlier, the apex bank’s outgoing Deputy Governor, Operations, Mr. Tunde Lemo, declined to speak on his expected exit from office on Friday, but disclosed that the CBN has put into live operations, a new Real-Time Gross Settlement (RTGS) system, integrated with a Scripless Securities Settlement System (SSSS) system.
He said the new RTGS replaces one that was implemented seven years ago as part of the then CBN transformation programme code-named Project EAGL

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