Politics

Sanusi to Buhari: Review your mistakes, or you’ll fail like Jonathan

Published

8 years ago

August 24, 2016

The Emir of Kano, Lamido Sanusi 11, has asked President Muhammadu Buhari to review some of his policies and make amendments in order not to make the same mistake as his predecessor.

According to him, except the present Buhari-led All Progressives Congress (APC) government, retraces its steps, it may as well end up like the Goodluck Jonathan’s administration which felt it was always right in its policies.

The Emir of Kano also cautioned the APC government to stop blaming the previous administration, adding that some mistakes have also been made in the current government.

Sanusi stated this during a Special Session, at the 15th Joint Planning Board and National Council on Development Planning, an event he chaired.

“There is nothing we are facing today that we did not know would happen. We made mistakes, many of them deliberate. We ignored every single warning.

Read also: Sultan cautions APC, politicians to stop blame game, face reality

“We should not continue to blame the previous administration, as we have also made some mistakes in the current administration. We must retrace our steps; otherwise we may fall into the same trap we fell the last time when the government was always right.

“The bottom line is that if your policy is wrong, it is you that must change,” he said.

Speaking further, he said that the economy created terrorism due to government’s incapability to generate employment opportunities for the over 80 million youths in the country, lamenting that the country has not been able to attract investments.

According to him, the example of Lagos State personifies what Nigeria can achieve.

Sanusi, then called on those “clamouring to break up the country because of oil” to desist from such as oil would soon become insignificant globally.

The former CBN governor noted that no system is perfect, bur urged the incumbent administration to take the initiative to retrace its steps.

According to him while the present government criticized the previous Jonathan government for creating instant billionaires it was doing same through people involved in forex trading.
‘’The funny thing is that you did not stop borrowing; all you have to do is borrow the right amount and apply them to the right purposes. It doesn’t matter whether it is consumption spending or investment demand, the GDP will grow.
‘’Countries like Nigeria and Angola are among the lowest growing countries of the world, growing with the rate of Europe and Latin America. We are the worst performers in terms of investment.’
‘’We can always talk of the policies of the previous administration and we talk of oil subsidy and how it turned people into oil millionaires. But we have created another set of millionaires since 2015 from foreign exchange.
‘‘The people telling the government that if you devalue people will suffer are the ones benefiting presently. They bought the dollar at N179 and price their goods at N300.The poor pay the price of a devalued currency, the rich take the profit.
“You may not like it, but that is the truth. Any system that allows you, with one telephone call, to make N1bn without investing one kobo; the system is wrong,” Sanusi added.

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