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Sanusi Criticizes Nigerian Government's Borrowing Post Fuel Subsidy Removal

Daily Trust··1 min read
Sanusi Criticizes Nigerian Government's Borrowing Post Fuel Subsidy Removal

Former CBN Governor Sanusi criticized the Nigerian government's borrowing post-subsidy removal at an event in Abuja. He praised Tinubu's subsidy removal but warned against borrowing without fiscal discipline.

Sanusi highlighted the importance of transparent money management to tackle economic woes caused by inconsistent policies. He urged the government to curtail wasteful spending, reduce borrowing, and enhance revenue generation.

Sanusi also advised President Buhari to avoid surrounding himself with sycophants and to heed constructive criticism. This critique comes amidst Nigeria's economic struggles and calls for better financial management.

Plus234Feed summary based on reporting from Daily Trust.

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