National Economy
Wednesday, July 30, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home News

Bayero Emerges New Emir Of Kano

by
5 years ago
in News
Reading Time: 3 mins read
Share on FacebookShare on TwitterShare on Telegram

You May Like

Stakeholders Warn Against Weakening FoI Act

NYG: Weightlifting Federation Begins Implementation Of New Bodyweight Categories

Aminu Ado Bayero yesterday became the new Emir of Kano after Muhammad Sanusi II, the immediate past Emir, was dethroned.

Muhammad Sanusi II was said to have been dethroned over what the state government described as disrespect of lawful instructions from Governor Abdullahi Umar Ganduje of Kano State and other lawful authorities.

The dethronement of the Emir followed the decision of the State Council Executive, SEC, meeting presided over by the governor.

The announcement was made by the Secretary to the State Government, Usman Alhaji a few hours after the removal of Muhammadu Sanusi II.

The appointment takes immediate effect according to the SSG.

Usman Alhaji said the removal was in line with the recommendation of the Kano State Public Complaint and Anti-Corruption Commission which summoned the emir. The commission had asked the traditional ruler to respond to a petition accusing him of selling lands belonging to the Kano Emirate to the tune of N2 billion.

Sanusi had, however, secured a restriction order from a court to stop the commission from investigating him.

Aminu Ado Bayero, son of a former emir of Kano was on Monday, March 9th, 2020, announced as the new emir of Kano.

Aminu, a Mass Communication graduate of Bayero University, Kano, was first appointed as district head of Nasarawa in 1990 by his late father. He was named the emir of Bichi in 2019 after Kano State governor Umaru Ganduje divided the Kano Emirate into four.

Before being named the emir of Bichi, Ado Bayero was named district head of Nassarawa and Dan Maje Kano in 1990 by his late father Ado Bayero.

He was later promoted to Dan Buran Kano and then named Turakin Kano.

Ado Bayero was also Sarkin Dawakin Sakarin Gida Kano before elevated to Wamban Kano and then named emir of Bichi.

However, Sanusi would be remembered for his contributions to the nation’s economy as a successful banker and economist. He was formerly the governor of the Central Bank of Nigeria. His nomination for the position came on the 1st of June, 2009. Sanusi is popular for saying he never lobbied for the job and that he never even knew President Yar’adua when he nominated him.

The Nigerian Senate confirmed his nomination on the 3rd of June after grilling him for three hours, some top bankers in the country made spirited moves to block his confirmation, he was already at loggerheads with the Chief Executive Officer of the Intercontinental Bank Plc, Erastus Akingbola over the de-marketing of the bank.

On the 9th of June, 2009, he was appointed the 10th Governor of the Central Bank of Nigeria by the late President Umaru Musa Yar’adua, coming at a time when the nation was caught in the middle of lingering global economic crisis worsened by sharp drop in oil prices. Sanusi was believed to come on board with fresh strategies to salvage the economy. But Sanusi had barely settled in at the Marble House as the CBN Governor than he started going ballistic. In a tone that could be translated to mean a criticism of the Yar’adua’s Seven Point Agenda, he said: ‘My view is that until we address the infrastructural problem in this country, we will not even begin to solve our problems. As a matter of fact, my view is that in the seven-point agenda, if we could just focus on two or three things and finish them up in the next four years, we will be far more effective in contributing to this country than focused on seven.’

As the CBN governor, he launched a radical move to save the country’s major banks from what he referred to as an impending collapse. In August 2009, his ‘rescue’ of major commercial banks in the country (Afribank, Union Bank, Oceanic Bank, Finbank and Intercontinental Bank), involved injecting the sum of N400 billion naira to these banks as bailout funds. Sanusi did not just stop at injecting these funds, he also went ahead to fire the chief executive officers of these banks.

Tags: BayeroEmirKanoSanusi
ShareTweetShare
Previous Post

Oil Price: Federal Government, OPS in frenzy over impending slump

Next Post

Meeting Customers’ Need Through Right Insurance Products

ANOTHER GOOD READ

Stakeholders Warn Against Weakening FoI Act
News

Stakeholders Warn Against Weakening FoI Act

19 hours ago
NYG: Weightlifting Federation Begins Implementation Of New Bodyweight Categories
News

NYG: Weightlifting Federation Begins Implementation Of New Bodyweight Categories

2 days ago
‘Legal Backing Needed For Gratuity Reintroduction Under CPS’
News

‘Legal Backing Needed For Gratuity Reintroduction Under CPS’

2 days ago
Zolair Energy Solutions Launches Nigeria’s First Integrated E-Tricycle, Battery Plant
News

Zolair Energy Solutions Launches Nigeria’s First Integrated E-Tricycle, Battery Plant

2 days ago
Insurers Battle NASS Over Legality Of Oversight Function In Insurance Business
News

Insurers Battle NASS Over Legality Of Oversight Function In Insurance Business

2 days ago
Elumelu Donates N25bn To Produce For Lagos Initiative
News

Elumelu Donates N25bn To Produce For Lagos Initiative

2 days ago
Next Post

Meeting Customers' Need Through Right Insurance Products

Most Recent

Stakeholders Warn Against Weakening FoI Act

Stakeholders Warn Against Weakening FoI Act

July 29, 2025
Impact Of Fake Colleagues In A Workplace

Impact Of Fake Colleagues In A Workplace

July 28, 2025
NYG: Weightlifting Federation Begins Implementation Of New Bodyweight Categories

NYG: Weightlifting Federation Begins Implementation Of New Bodyweight Categories

July 28, 2025
Women’s Basketball Premier League: First Bank Makes Strong Start

Women’s Basketball Premier League: First Bank Makes Strong Start

July 28, 2025
WAFCON 2024: Senate Celebrates Super Falcons

WAFCON 2024: Senate Celebrates Super Falcons

July 28, 2025
Wakama Unveils D’Tigress’ Roster For 2025 AfroBasket Championship

Wakama Unveils D’Tigress’ Roster For 2025 AfroBasket Championship

July 28, 2025
‘Legal Backing Needed For Gratuity Reintroduction Under CPS’

‘Legal Backing Needed For Gratuity Reintroduction Under CPS’

July 28, 2025
Nigeria First Policy:Energising Local Content Development In Oil, Gas Sector

Nigeria First Policy:Energising Local Content Development In Oil, Gas Sector

July 28, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy