🇳🇬 Nigeria 10h ago · Henry Oduah

‘Why are we still borrowing after subsidy removal?’ – Sanusi queries FG

Vanguard Nigeria
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‘Why are we still borrowing after subsidy removal?’ – Sanusi queries FG
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Emir of Kano, Muhammadu Sanusi II, has raised fresh concerns over the Federal Government’s growing debt profile, questioning the rationale for continued borrowing despite the removal of petrol subsidy.



Speaking during an interview published by News Central TV on Friday, the former Governor of the Central Bank of Nigeria said key reforms such as subsidy removal and exchange rate liberalisation were necessary, but warned that poor sequencing and weak fiscal discipline could undermine their bene

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