CBN: Group Kicks Against Aisha Ahmad, Urges Senate to Reject Her Nomination as Deputy Governor

Posted by African Examiner Featured, Latest Headlines, News Friday, October 13th, 2017

Photo: Aisha Ahmad

(AFRICAN EXAMINER) – A group, Concerned Professionals Initiative for Good Governance (CPIGG), has written to urge the Senate to “totally and overwhelmingly reject the nomination of Aisha Ahmad as Deputy Governor of the Central Bank of Nigeria (CBN) on the grounds that she is not qualified to hold that office since she is lacking in experience and integrity.

The group, with its headquarters in Jos, Plateau State, said as responsible and law abiding citizens of Nigeria, who are fully conscious of the powers of the Senate as enshrined in the Constitution of the Federal Republic of Nigeria 1999 as amended, they were writing to draw the attention of the Senate President, Dr. Bukola Saraki, to “the abnormality surrounding the nomination of Mrs. Aisha Ahmad as Deputy Governor of the Central Bank of Nigeria(CBN)” and “to appeal to the Senate, through your good offices, to reject the nomination forthwith.”

In the petition, titled “Wrongful Appointment of Mrs. Aisha Ahmad for the position of Deputy Governor, Central Bank of Nigeria(CBN): Appeal for intervention of the Senate,” the group explained that as an organization committed to the promotion of good governance, equity, justice and fairness and the fight against corruption in the administration and governance of the country, “we are compelled to seek the intervention of the Distinguished Senate to reject the nomination of Mrs. Aisha Ahmad pending before Senate for confirmation as Deputy Governor of CBN.”

According to the group, the petition, dated 10th October, 2017 and signed by its Convener/Chairman, Ebah A. Idikwu, Esq, was anchored on “the obvious aberration, fraud, injustice and abuse of office, which the nomination of Mrs. Ahmad represents.”

Outlining the “facts of the matter” for consideration by the Senate, the petitioners alleged that the nominee was not qualified for the exalted office of Deputy Governor of CBN because “less than a week before the announcement was made, the nominee was Head of Consumer Banking at Diamond Bank on the substantive rank of Deputy General Manager(DGM). The CBN Act however provides that to be appointed Deputy Governor of CBN, the candidate must have attained the rank of at least anExecutive Director in a reputable financial institution. In the past, those appointed Deputy Governors were Managing Directors/ CEO of Deposit Money Banks. One example is Mr. Tunde Lemo who until his appointment as Deputy Governor, of CBN was Managing Director of Wema Plc.”

“Aware that Aisha Ahmad was not qualified for appointment as Deputy Governor, CBN, her sponsors hurriedly caused a highly fraudulent and unusual promotion to be made catapulting her from DGM Status to Executive Director on October 6, 2017by 5.22 PM, the same day her purported appointment was announced by the Presidency (See attached circular marked Annex A). It means therefore, that the promotion was made after her appointment was made public, an after-thought to salvage a bad situation,” the petitioner noted.

The petitioner further argued that the Diamond Bank Annual Report for 2016 contained the names and pictures of all Executive Directors on P. 32. “However, Mrs Aisha Ahmad’s name was conspicuously missing, which confirms that she was not an Executive Director of Diamond Bank and therefore, not qualified for the position of Deputy Governor of CBN for which she has been nominated.”

“Our checks on the organogram of the Diamond Bank have revealed that apart from the seven superior officers of the bank, there are other seven Heads of Units and Departments placed in order of relevance and seniority out of which Mrs. Aisha Ahmad is the sixth. Therefore, it is unthinkable for Mrs Ahmad to overtake six other senior officers to be promoted to the rank of Executive Director. If the question must be asked, what special feat did she accomplish that merited her such an unusual promotion?,” they added.

The petitioners further informed the Senate that Mrs Aisha Ahmad’s astronomical promotion at Diamond Bank was not approved by the CBN as required by law. “This evident is the circular announcing her appointment was fraudulently silent on CBN approval just as it was silence on whether the board of Diamond Bank sanctioned the applicant as required by the best corporate governance procedures.”

“Most Importantly, the nomination of Mrs. Aisha Ahmad amounts to a gross violation of the Federal Character principle as enshrined in the Constitution of the Federal Republic of Nigeria since Niger state where Mrs Aisha Ahmad hails from produced a Deputy Governor of the CBN in the person of Mr Maiyaki who served for 10 years. In addition, Mrs Aisha’s Mother comes from Kwara state which also produced a Deputy Governor of CBN in the person of Mrs Sarah Alade, who also held the position for ten (10) years. Going by the Federal Character principle therefore, the other North Central states of Plateau, Benue, Kogi, Nasarawa and FCT should also have the opportunity to produce a Deputy Governor of CBN,” the petitioner posited.

The petitioners contended that from the foregoing, “it is clear that Mrs. Aisha Ahmad’s appointment as Deputy Governor of CBN was fraudulently conceived and made for purposes that are clearly far from the objective of ensuring the good management of the nation’s economy.”

The warned that as a beneficiary of the skewed process of her promotion to qualify for appointment into the CBN, there was every reason to believe that Mrs. Aisha Ahmad would be morally unsound to defend skewed or corrupt process if allowed to function as Deputy Governor of CBN, saying, “she will be dangerous to the integrity of the CBN and the highly sensitive functions carried out by the apex Bank for the good of the economy.”

“From the facts above, there are obviously very powerful interests behind the nomination of Mrs Aisha Ahmad as Deputy Governor of CBN. If the powerful interests could influence her abnormal promotion at Diamond Bank to pave way for her nomination as Deputy Governor of CBN, the same interests would work though her to compromise economic policies. To put it succinctly, Mrs. Aisha Ahmad will be an economic Saboteur. Nigeria can do without her,” the petitioners said.

Insisting that the appointment of Mrs. Ahmad was illegal, unconstitutional, null and void and must not be allowed under whatever circumstance, the petitioners warned that it would be a negation of the anti-corruption stance of the Federal Government if Mrs Aisha Ahmad is allowed to manipulate her way to attain the high office of Deputy Governor of CBN, and that it would not only set a bad precedent, it will destroy the integrity of the CBN and by extension destroy the nation’s economy.