Former Governor of the Central Bank of Nigeria (CBN) and Emir of Kano Lamido Sanusi has stated that he will not provide any form of assistance to President Bola Tinubu’s administration.
His comments came during the 21st anniversary of the Gani Fawehinmi Annual Lecture organised by the Nigerian Bar Association, Ikeja Branch, which took place on Wednesday in Lagos.
The theme of the event was “Bretton Woods and the African Economies: Can Nigeria Survive Another Structural Adjustment Programme?”, and Sanusi, who served as the chairman of the occasion, took the opportunity to share his thoughts on Nigeria’s economic situation.
Sanusi said that he could easily explain the factors contributing to the country’s current economic challenges and how most of these issues were predictable and avoidable. However, he has chosen not to offer any such insights or assistance to the Federal Government.
He stated, “I can give a few points that explain what we are going through and how most of it was totally predictable and avoidable, but I am not going to do that. I have chosen not to speak about the economy or the reforms or to even explain anything because if I explain, it would help the government and I don’t want to help this government. They’re my friends. If they don’t behave like friends, I don’t behave like a friend, so I watch them being stewed.”
Sanusi went on to criticise those who constitute Tinubu’s government, asserting that they lack credibility and therefore cannot offer anything meaningful to the nation. He emphasised that the government would need to explain to Nigerians the rationale behind their economic decisions.
“They don’t even have people with credibility who can come and explain what they are doing. I’m not going to help. Let them come and explain to Nigerians why the policies that are being pursued are being pursued. Meanwhile, I’m watching a very nice movie with popcorn in my hands. What I will say is that what we are going through is, in part, a consequence of decades of economic mismanagement,” he said.
