Sanusi questions Nigerian Govt’s continued reliance on borrowing

Emir of Kano Lamido Sanusi warned that Nigeria’s fiscal path remains unsustainable, criticizing the government’s continued reliance on borrowing even after the fuel subsidy was lifted. He cautioned that persistent debt could deepen fiscal strain and hamper economic stability for ordinary Nigerians.

The Emir of Kano, Lamido Sanusi, has questioned the Nigerian government’s continued reliance on borrowing despite the removal of petrol subsidy. Sanusi assessed Nigeria’s current fiscal trajectory in an interview posted by News Central TV on Friday. The former Central Bank of Nigeria, CBN, governor stated that while the removal of fuel subsidy and the […] Sanusi questions Nigerian Govt’s continued reliance on borrowing