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‘Why are we still borrowing?’, Sanusi questions FG’s debt rise despite subsidy removal

Friday, April 24, 2026

Emir Sanusi II has publicly challenged the federal government for persisting with high borrowing despite the recent removal of the petrol subsidy, which should have freed up significant savings. He warns that the growing debt threatens fiscal stability and could worsen living costs

Emir Sanusi II questions the federal government’s continued borrowing and Nigeria’s debt rise despite the removal of the petrol subsidy and its savings. Read More: https://punchng.com/why-are-we-still-borrowing-sanusi-questions-fgs-debt-rise-despite-subsidy-removal/