Economic Reforms: Your Statements Are Biased, Partisan – FG Replies Emir Sanusi

The New Diplomat
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By Kolawole Ojebisi

The Federal Government has described as “amusing” the decision of the Emir of Kano, Muhammadu Sanusi II not to advise the Tinubu administration on its ongoing economy reforms based on personal reasons.

Sanusi lI spoke at a public event in Lagos on Wednesday.

The Monarch, a former governor of the Central Bank of Nigeria (CBN) acknowledged the necessity of the reforms but revealed his decision not to publicly advise the government, citing “personal reasons”.

However, reacting to the monarch’s remarks, the government acknowledged Sanusi’s right to express his views.
However, it criticised his admission of withholding support, suggesting it stemmed from personal grievances rather than an objective assessment of the policies.

The government’s reaction is contained in a statement released by the Minister of Information and National Orientation, Mohammed Idris on Thursday.

“First, we acknowledge that Sanusi, and indeed any Nigerian, has the inalienable right to express an opinion either in the form of commendation or criticism on how the government is being run.

“However, we find it amusing that a leader, more so one from an institution that ennobles forthrightness, fairness, and justice would publicly admit to shuffling off saying the truth because of personal interest hinged on imaginary antagonism.

“It is pertinent to state that Nigeria is at a pivotal juncture where bold and decisive actions are necessary to tackle entrenched economic challenges.

“This administration has implemented transformative reforms not because they are easy, but because they are essential for securing Nigeria’s long-term stability and growth, as Emir Sanusi had consistently advocated,” the minister noted.

The government reiterated the necessity of the reforms to address Nigeria’s longstanding economic challenges.

Idris noted, “The temporary pains currently experienced from these inevitable decisions, as Sanusi himself acknowledged, are a ‘necessary consequence of decades of irresponsible economic management’ more than anything else.”

It pointed to achievements such as the unification of exchange rates, which has increased investor confidence and foreign reserves, and the removal of the fuel subsidy, which has freed up resources for critical sectors like healthcare, education, and infrastructure.

Projections from international organisations, including the World Bank, were cited to demonstrate the positive impact of these measures on the country’s economic recovery.

The statement expressed disappointment at Sanusi’s perceived shift in loyalty, urging him to focus on contributing constructively to national development.

“We urge the Emir to rise above personal interests and partisan undertones and prioritise the greater good of Nigerians.

“Rebuilding Nigeria requires unity, focus, and sacrifice from all stakeholders. As a government, we urge esteemed leaders to refrain from rhetorics that undermine public trust.

“Instead, they owe it a duty to champion the collective goal of a prosperous Nigeria. This is a critical time for our country, what is needed is collaboration, not unnecessary distractions,” he noted.

The government stressed the importance of unity and collaboration among leaders during this critical period, emphasizing that divisive rhetoric undermines public trust and progress.

The Minister further maintained that the Tinubu’s administration is committed to fostering an inclusive and sustainable economy, welcoming constructive dialogue with stakeholders.

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