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Emir Sanusi Says he’s More Optimistic about Nigeria’s Economy today than He’s been in Many years | Watch

BellaNaija.com

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The Emir of Kano, and former governor of the Central Bank of Nigeria (CBN), Emir Muhammadu Sanusi II has expressed optimism that the Nigerian economy will grow despite ongoing challenges.

He made this known while addressing journalists after a lecture series at the National Defence College, Abuja.

“I think that the building blocks have been put in place. What the government has done by fighting insecurity and fighting corruption provides an environment where economic policies can thrive,” Sanusi said.

“We have to work hard and we need to be realistic. Nobody should expect overnight that things will change. Inflation will be with us for sometime, and recession will be reversed gradually,” the Emir added.

Sanusi added that with the right physical stimulus and the right structural policies, we will get ourselves away from dependence on oil.

Watch:

4 Comments

  1. Vera Mamsing

    August 4, 2016 at 4:27 pm

    He will not see anything wrong with economy since its his brother that is there.

  2. NaijaPikin

    August 4, 2016 at 5:34 pm

    We are so far down that the only place we can go from here is up.

  3. hawtstuff

    August 4, 2016 at 6:52 pm

    Is the Emir referring to another economy? Do we have two economies running simultaneously in Nigeria?

    His optimism is sooooooooo misplaced.

  4. New Guy

    August 6, 2016 at 10:36 pm

    Gbam! He’s basically described everything the Nigerian economy is going through all so succintly. Nigerians have to be patient, As much as it sounds like an easy excuse, it is true that all we are facing today has nothing to do with the current government but is the aftermath of years of mismanagement, poor fiscal policies and a lack of planning. The government still has a lot to do in terms of taking more pragmatic approaches in selecting personnel, implementing policies, etc. but it is largely on the right track.

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