By Uzair Adam
The federal government has expressed disappointment over recent remarks by Emir Sanusi II, describing his statements as counterproductive to the nation’s efforts to address economic challenges.
In a strongly-worded statement, the presidency criticized the Emir for what it described as a failure to prioritize national interests over personal grievances.
The statement reiterated that Nigeria is at a critical juncture requiring bold and decisive reforms to overcome deeply rooted economic problems.
The administration stated that the reforms being implemented are difficult but essential for ensuring the country’s long-term stability and growth, aligning with positions the Emir had previously supported.
“It is noteworthy that these reforms, including the unification of exchange rates and the removal of the fuel subsidy, have started yielding measurable progress.
“Investor confidence has improved, foreign reserves are increasing, and resources freed from the subsidy removal are being redirected to critical sectors such as infrastructure, education, and healthcare,” the statement read.
The government further quoted Emir Sanusi, who recently acknowledged that the hardships Nigerians are currently facing are a “necessary consequence of decades of irresponsible economic management.”
However, the statement expressed dismay at what it perceived as a shift in the Emir’s stance due to personal and partisan considerations.
“His Highness, given his expertise in economics, has a unique responsibility to contribute constructively rather than undermine these reforms.
“Rebuilding Nigeria requires unity, focus, and sacrifice from all stakeholders,” the statement added.
The government noted that these reforms have also contributed to reducing the country’s debt service-to-revenue ratio, creating a more sustainable fiscal framework for future generations.