Report BBC News did on the President not doing enough to tackle corruption. President Jonathan has ordered a forensic audit of the state oil firm following claims that $20bn (£12bn) had gone missing.
Nigeria's oil sector is seen as notoriously opaque and corrupt, correspondents say. Mr Sanusi was suspended last month after he told a senate committee that the Nigeria National Petroleum Corporation (NNPC) had failed to account for $20bn of the $67bn of oil sold between January 2012 and July 2013.
The presidency said in a statement that Mr Sanusi's suspension had "absolutely nothing" to do with his "patently untrue" allegations. "But government is making no effort to bury them as he falsely claims," the statement said, adding that foreign firms would carry out the audit. Nigeria's Finance Minister Ngozi Okonjo-Iweala and the senate committee also called for an audit after Mr Sanusi presented his evidence to MPs. Mr Sanusi has said he would challenge Mr Jonathan's decision to suspend him. Mr Jonathan's office says he was suspended for unrelated "financial recklessness" and "gross misconduct" at the central bank. The NNPC has denied the money is missing, saying the allegations showed "little understanding of the technicalities of the oil industry". Mr Sanusi is widely respected in financial circles and was named central bank governor of the year for 2010 by Banker magazine. Lets just hope its not another way to prolong the issue and nothing comes out of it. I think Mr President is just trying to save face because he has been disgraced by the Foreign Media for honouring the late Despot during the Centenary celebrations and also because alot of people are now seeing his Goverment for what it truly represents.