Economy

FG Responds to Emir Sanusi’s Remarks on Economic Reforms

By DAYO ADESULU

The Federal Government has addressed recent comments by the Emir of Kano, Muhammadu Sanusi II, regarding the economic reforms initiated under President Bola Tinubu’s administration.

Government’s Reaction

In a statement by Minister of Information and National Orientation, Mohammed Idris, the government acknowledged Emir Sanusi’s right to critique or commend its policies but expressed disappointment over his admission of withholding advice due to personal grievances.

  • Key Highlights of FG’s Response:
    1. The government described the Emir’s stance as inconsistent with the principles of forthrightness and justice, urging him to set aside personal interests for the greater good of Nigerians.
    2. It highlighted the necessity of bold reforms to address Nigeria’s entrenched economic challenges, emphasizing their long-term benefits despite short-term pains.

Economic Reforms Under Scrutiny

The Federal Government reiterated the importance of recent measures, including:

  • Exchange Rate Unification: Boosting investor confidence and foreign reserves.
  • Fuel Subsidy Removal: Freeing resources for critical sectors like education, healthcare, and infrastructure.

The statement also cited projections from international organizations, such as the World Bank, to validate the positive trajectory of Nigeria’s economic recovery.

Call for Unity and Collaboration

The government urged leaders to avoid divisive rhetoric and work towards the shared goal of national prosperity.

  • Minister Mohammed Idris’s Remarks:
    • “Rebuilding Nigeria requires unity, focus, and sacrifice from all stakeholders.”
    • “Esteemed leaders must champion the collective goal of a prosperous Nigeria rather than indulge in rhetoric that undermines public trust.”

FG’s Commitment to Dialogue

The administration reaffirmed its openness to constructive discussions with all stakeholders, emphasizing the need for collaboration to achieve a sustainable and inclusive economy.

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