Emir Muhammadu Sanusi II lately spoke on the twenty first Memorial Lecture of Chief Gani Fawehinmi in Lagos and shared sturdy criticism of President Bola Tinubu’s administration.
He identified that the federal government lacks credible individuals who can clearly clarify its financial selections.
Sanusi shared his private emotions in regards to the authorities, saying, “I don’t need to assist this authorities. They’re my associates. In the event that they don’t behave like associates, I don’t behave like a good friend. They don’t even have individuals with credibility who can come and clarify what they’re doing. I’m not going to assist.”
He additionally expressed that he might clarify a number of the financial points Nigeria is going through, which could have been predictable and even avoidable, however he has chosen to not discuss in regards to the financial system anymore.
Beforehand in 2024, Sanusi described the financial difficulties beneath Tinubu as “insufferable.” He famous how extreme the scenario has change into, with individuals struggling a lot that they will solely afford to purchase half a pepper due to excessive meals costs.
After President Tinubu eliminated gasoline subsidies and adjusted the trade fee, gasoline costs jumped to N1,000 per liter, and the greenback trade fee went as much as over N1,500.
Consequently, inflation has elevated by over 34% within the final 19 months, which led to a 10-day protest by Nigerians in August 2024.
Regardless of these challenges, President Tinubu has repeatedly mentioned that these robust instances are crucial sacrifices for a greater future. Nevertheless, the dearth of clear communication from his authorities stays a big concern, as highlighted by Sanusi’s feedback.

