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Yar'adua's In-Law Yuguda to become CBN Governor

February 25, 2009

In what would become the most brazen and direct take over of Nigeria’s financial system by a family, Yar’adua is working to make the Governor of Bauchi State, Isah Yuguda, who is his son-in-law, the next governor of the Central bank of Nigeria. Isah Yuguda was tipped over and above Yar’adua’s Economic Adviser, Tanimu Yakubu Kurfi because Mr. Tanimu is heavily invested in the variously Oil Gas deals on behalf of Yar’Adua, especially through Russia. 

In what would become the most brazen and direct take over of Nigeria’s financial system by a family, Yar’adua is working to make the Governor of Bauchi State, Isah Yuguda, who is his son-in-law, the next governor of the Central bank of Nigeria.
 

Isah Yuguda was tipped over and above Yar’adua’s Economic Adviser, Tanimu Yakubu Kurfi because Mr. Tanimu is heavily invested in the variously Oil Gas deals on behalf of Yar’Adua, especially through Russia.
 


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Yuguda, who already had three wives, recently married Yar’adua’s 23-year old daughter, Nafisat, at an eloborate ceremony that lasted several weeks.  One of the ceremonies in Yar'Adua's home state, Katsina, saw the Katsina airport so full of jets that latecoming guests had to detour to neighboring states to land.
 

The wedding also saw Senegalese singer, Yussuf N’dour, perform before a select crowd, with imported Lebanese belly dancers in tow. The wedding, according to estimates provided by state officials who didn’t want to be named, cost the Bauchi state government over N3 billion .
 
If Yuguda is finally appointed as the CBN governor, he will have control over the printing of Nigerian currency through a German concern, a critical contract that current involves the first lady, Mrs. Turai Yar’adua.
 

The tenure of the CBN Governor is five years and the tenure of the current CBN governor expirers in May 2009, when Yar'Adua also completes his second year in an office he never really won. 

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