Emir Sanusi Blasts "Nigeria Is Bankrupt..let Face Reality"
According to SARAHRA REPORTERS, The Emir of Kano, Muhammad Sanusi II has raised the alarm over unfavourable economic policies leading the country to bankruptcy, urging President Muhammadu Buhari to remove the fraudulent subsidy regime.
Sanusi, who was former governor of the Central Bank of Nigeria, made the revelation on Tuesday while speaking at the ongoing 3rd National Treasury Workshop organized by the office of the Accountant General of the Federation holding in Coronation Hall, Government House, Kano.
He said, “The country is bankrupt and we are heading for bankruptcy. What happened is that the federal government do pay petroleum subsidy, pay electricity tariff subsidy, and if there is a rise in interest rates, Federal Government pays.
“What is more life-threatening than the subsidy that we have to sacrifice education, health sector and infrastructure for us to have cheap petroleum.
Sanusi Reveals ways Nigeria can overcome being Bankrupt Click HERE for MORE
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