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.
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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.
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