Nigerian Canadian News - February 2014 Edition

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RBC Life Insurance Company

CAN-AIM HIGH SCHOOL

RBC General Insurance Company

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Nursing entrance program for adults

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CDN$1, US$1, N200

NIGERIA N TO INFORM • EDUCATE • EMPOWER • ENTERTAIN

THE

C A N A D I A N N E W S

Vol 9 | Issue 2 | February 2014 | “THE THIRD EYE OF THE COMMUNITY” | Tel: 416-318-3506 | publisher@nigeriancanadiannews.ca | www.nigeriancanadiannews.ca

MANY ‘SINS’ OF SANUSI LAMIDO SANUSI

JOHNSON BABALOLA LAW OFFICE (JBLAW)

By OMODELE ADIGUN

Johnson Babalola We are a reputable Canadian Immigration & Business Law Firm. We handle:

1. All Aspects of Immigration & Refugee Matters 2. Business Law 3. Nigeria: Real Estate Transactions etc 4. Adoption from Nigeria 5. Specialized Professional Training

Tel: 416-603-9191 x 223 Fax: 416-603-9190 E-mail: info@jblaw.ca Internet: www.jblaw.ca 170 Sheppard Avenue East, Suite 302, Toronto, Ontario M2N 3A4 We also have Representatives in Nigeria.

Old sins, they say, have long shadows. This wise saying may have been responsible for the suspension yesterday, of Sanusi Lamido Sanusi, the governor of the Central Bank of Nigeria (CBN). A statement from the presidency, which announced his suspension, had accused him of “financial recklessness and misconduct, which are inconsistent with the administration’s vision of a Central Bank propelled by the core values of focused economic management, prudence, transparency and financial discipline.”

Lamido Sanusi

The statement adds: “Being also deeply concerned about farreaching irregularities under Mallam Sanusi’s watch, which have distracted the Central Bank away from the pursuit and achievement of its statutory mandate; and being determined to urgently reposition the Central Bank of Nigeria

for greater efficiency, respect for due process and accountability, President Goodluck Jonathan has ordered the immediate suspension of Sanusi.” Talking about the alleged financial recklessness, the first that readily comes to mind was the donation of N100 million to the victims of Boko Haram attacks in Kano State in early 2012. Reports quoted Sanusi as saying that the donation was part of CBN’s contribution to the state government to alleviate the suffering of direct victims of the violence and their families. Reacting to the development, then, the National Publicity continued on p(17)

SHOLA OLATOYE TO LEAD THE NEW YORK CITY HOUSING AUTHORITY

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HAPPY 93RD BIRTHDAY MAYOR HAZEL McCALLION - Pg. 27 Managing Office Gossip - Pg. 20

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Amira Atufa 416 485 6329 416 817 2424 [cell] Email: amira@airliners.ca Head Office: 1220 Ellesmere Rd Suite 1, Toronto M1P 2X5 TICO #4631677

Mayor Bill de Blasio has named Shola Olatoye to lead the New York City Housing Authority, which oversees the city’s public housing, where 400,000 residents live. Victor J. Blue for The New York Times Mayor Bill de Blasio filled four leadership positions throughout his housing agencies, putting in place the team he said would help fulfill his goal of continued on p(17)

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Not intended to solicit properties already in the market or buyers under contract

DISTRIBUTED IN: AJAX- PICKERING - MONTREAL- OTTAWA, EDMONTON- WINDSOR-SASKATWEAN-NEW YORK. IF YOU WANT OUR PAPERS, CALL: 416-318-3506


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Nigerian Canadian News - February 2014 Edition by Nigerian Canadian News - Issuu