The Federal Government has responded to recent remarks by Emir Muhammadu Sanusi II regarding the economic reforms introduced under President Bola Tinubu’s administration.
In a statement by the Minister of Information Mohammed Idris, the government noted that while Sanusi has the right to express his opinion, it is “amusing” that he would admit to withholding the truth due to personal interests.
“We acknowledge that Sanusi, and indeed any Nigerian, has the inalienable right to express opinion either in form of commendation or criticism on how the government is being run,” said the government. However, “we find it amusing that a leader… would publicly admit to shuffling off saying the truth because of personal interest hinged on imaginary antagonism.”
The government emphasized that Nigeria is at a critical juncture, requiring bold and decisive actions to tackle 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,” said the government.
The reforms, according to the government, are already yielding positive results. “The unification of exchange rates has bolstered investor confidence, which has contributed to increased foreign reserves and strengthened Nigeria’s ability to shield itself from external economic shocks,” said the government. Additionally, “the removal of the fuel subsidy has freed up significant resources, allowing for greater investment in critical sectors such as infrastructure, education, and healthcare.”
The government expressed disappointment that Sanusi, who has consistently advocated for such reforms, is now subtly condemning them. “His Highness, given his background in economics, has a unique responsibility to contribute constructively rather than undermine reforms aimed at collective progress,” said the government.
The government urged Sanusi to prioritise the greater good of Nigerians and refrain from rhetoric that undermines public trust. “Rebuilding Nigeria requires unity, focus, and sacrifice from all stakeholders,” said the government.”
