Tag: Emir of Kano

  • Universities should initiate researches for innovations – Sanusi

    Universities should initiate researches for innovations – Sanusi

    The Emir of Kano, Alhaji Sanusi Lamido Sanusi, has challenged Nigerian universities to initiate researches that could lead to innovations toward boosting technological growth.
    “For the country to become competitive at the global stage, it must explore, exploit and utilise science and technological innovations; the universities should spearhead such effortst,” he said in Kano on Saturday.
    A statement by Lydia Legbo, spokesperson of the Federal University of Technology, Minna, said that Sanusi spoke when he received a delegation from the institution, led by its Vice Chancellor, Prof Musibau Akanji, on a visit to his palace.
    It quoted Sanusi as urging education managers across the universities to identify challenges peculiar to their system and address them so as to achieve their mandate.

    The monarch commended the university for its outstanding achievements over the years, noting that it had remained
    a leading institution for technology education.‎

    The Emir applauded the outgoing governing council, led by Prof. Rufai Alkali, for its selfless service to the university, and advised the succeeding council members to sustain that zeal.
    Earlier, Akanji had said that the visit was to thank Sanusi for honouring the invitation to the inaugural ceremony of the institution’s ultra-modern Mosque.

    He said that the Emir’s presence was worth celebrating, especially after he led the first Friday prayers in the mosque after its inauguration.
    “Above all, your sermon on peaceful co-existence of all faiths was a big plus.‎ It has elevated Islam and gingered up adherents to further dedicate themselves to Allah,” the statement quoted Akanji as saying.‎ (NAN)

  • ACF warns those behind Ganduje, Emir Sanusi rift to desist

    ACF warns those behind Ganduje, Emir Sanusi rift to desist

    ..as Anthony Sani becomes ACF Sec Gen

     

    Mouthpiece of Northern Nigeria, the Arewa Consultative Forum (ACF) has warned those fanning the ember of crisis between Kano State Governor, Alhaji Abdullahi Umar Ganduje and the Emir of Kano, Alhaji Muhammadu Sanusi II to desist.

    ACF while commending the efforts of Northern States Governors Forum for the peace it brokered between the duo, urged that the agreement reached should be respected in the interest of peace and stability of Northern Nigeria.

    The forum in a communique issued at the end of its joint meeting of the Board of Trustees and the National Executive Council said, “the attention of the leadership of Arewa Consultative Forum has been drawn to the simmering crisis between the Kano State Government and the Kano Emirate Council.

    “However, ACF is aware of the peace initiative brokered by the Northern States Governors Forum (NSGF) in Kaduna and hope that the decisions taken would continue to be respected in the interest of peace and stability of the North and Nigeria in general.

    “ACF urges all outside interest groups to desist from fanning the embers of discord”, it said.

    The communiqué signed by its National Publicity Secretary, Muhammad Ibrahim Biu also revealed that the forum, now has a new Secretary General, Mr. Anthony N. Z Sani.

    Anthony Sani who is a one time National Publicity Secretary of ACF is taking over from Col. John I. P Ubah, who resigned the position.

    Meanwhile, Alhaji Ibrahim Ahmadu Coomassie, IGP rtd, has been reelected as the Chairman National Executive Committee of the forum.

    According to the communiqué, “The Joint Meeting of the Board of Trustees and the National Executive Council of Arewa Consultative Forum under the Chairmanship of Alhaji Adamu M. Fika (Wazirin Fika), Chairman BOT, was held on the 10th of May, 2017,at the ACF Headquarters, No. 11A Sokoto Road, Kaduna.

    “In attendance were the Chairman NEC, Alhaji Ibrahim A. Coomassie, IGP rtd, GCON, mni, Sardauna Katsina, Deputy Chairman BOT, AVM Mukhtar Mohammed Wazirin Dutse, Lt. Gen MI Wushishi rtd),and other members of both the BOT and NEC from the 19 Northern States and Abuja.

    “The meeting received and adopted the report of the 2017 Leadership Selection Committee for officials of the National Working Committee of NEC. The recommendations of the Committee were discussed and accepted as follows;

    “The re-election of the Chairman NEC, IGP Ibrahim A. Coomassie and all other members of the National Working Committee for another tenure of three 3 years. The acceptance of resignation letter of Col JIP Ubah, rtd, as the Secretary General of the Forum. The election of Mr. Anthony N. Z. Sani as the new Secretary General of the Forum.

    “Others are: the election of Brig. Gen Sen. John Shagaya as Vice-Chairman of the BOT. That henceforth the practice of restricting recruitment of leaders to specific geo-political zones be discontinued in respect of the Chairman of BOT, Chairman of NEC and Secretary General. It shall now be opened to all interested persons from the North. However, for the lower level leadership positions of both the BOT and the NWC, they should continue to be distributed to the geo-political zones on rotational basis.

    “The tenure of all officials in the NEC shall run for only one single term of three (3) years. The tenure of the leadership of the BOT shall run for only one single term of four (4) years. The meeting reaffirmed its belief in the unity of the North and the peaceful coexistence of its people.

    “Towards this end, the forum appeals to all Nigerians to come to terms with the reality that the current socio-economic challenges the nation is passing through are not beyond redemption and can become history under purposeful leadership”, the communiqué read.

     

  • Emir of Kano to inaugurate Project 20 Million

    A socio-political group under the auspices of the Project 20 Million has intensified its campaign on patriotism among Nigerians.

    The programme tagged: ‘I’m a Nigerian, I Want Greatness’, will be inaugurated by the Emir of Kano, Alhaji Muhammad Sanusi. Addressing a press conference, the President of Project 20 Million, Comrade Ikechukwu Chukwunyere said the campaign was as part of initiatives aimed at promoting nationhood and motivating the youths in the country to show interest in national development. Chukwunyere said that the Emir of Kano would inaugurate the North West Zone Campaign of “I Am a Nigerian I Want Greatness” and that the campaign would keep spreading across the country. The programme will be inaugurated May 4, 2017 in the North West Zone of the country.

    The President of Project 20 Million said the campaign is an organised effort which seeks to influence the decision making process within in the country and aimed at a thorough, purposeful, invigorated masses driven and grassroots mobilisation of over 20 million Nigerians who seeks for greater Nigeria with a common mantra, ‘I’m a Nigerian, I Want Greatness.’

    Chukwunyere lamented that Nigeria is going through some trying times caused by failure in the present and past leaders to deliver the true dividends of democracy to the people. According to him, ‘Project 20 Million’ wishes to bring governance back to the people; we wish to partner with great Nigerians that have distinguished themselves morally, intellectually and administratively.

    “We will be meeting with Cardinal Onaiyekan, Nigerian Prelate of Roman Catholic Church. We will also meet professional bodies like NBA, ICAN, NUJ among others. We also plan to meet PMAN, Actors Guild of Nigeria, market women and men, NURTW for partnership in making Nigeria great again. “We will visit all the 36 States including the FCT.

    We will reach all 774 local governments, 8,812 political wards and 120,001 polling units in the country to preach the message of making Nigeria great again.

    “Those visits will afford us the opportunity to discuss with all the major stakeholders in the polity, tap from their immeasurable and rich wealth of experience in nation building and seek for advises to make Nigeria a better nation.”

  • Emir Sanusi tasks northern leaders on girl-child education‎

    Emir Sanusi tasks northern leaders on girl-child education‎

    The Emir of Kano, Muhammadu Sanusi II, has called on Northern leaders to promote girl-child education in the region.

    Sanusi made the call during the inauguration of Aminu Dabo College of Health Sciences laboratory complex in Kano on Monday.‎

    ‎‎He urged the leaders to give priority to female education as they did with their male counterparts.

    ‎‎”The people need to prioritise their commitment toward the education of female just like their male counterpart.‎

    “We appeal to everybody, especially well- meaning individuals irrespective of party differences, to provide the environment to aid girl-child education,” he said.‎

    The monarch also admonished the people of Kano to support each other and work as a team for the overall development of the state.

    He commended the proprietor of the school for his foresight and contribution to the development of education in the state.‎

    Earlier, the proprietor of the school, Alhaji Aminu Dabo, had said that the school was established two years ago to promote educational development in the state.

    He said that 80 per cent of the institution’s students’ population was women.

    Dabo added that the school would collaborate with Kwara University and another university in Malaysia for degree courses.

    He commended the Kano Emir for his stance on girl-child education and also thanked him for honoring the invitation to the event.

  • Expectations for the week

    Finally, the Big Brother Naija show came to an exciting end yesterday after reaching its peak; Efe Ejeba, a graduate of Economics who hails from Delta state emerged victorious after securing 57% of the total number of votes casted by fans.

    To give you a quick recap, earlier in the program yesterday, Marvis, DebbieRise and Tboss were evicted making Bisola and Efe as the last two standing housemates; eventually, Efe was announced winner. The implication of his meteoric rise to fame means that he gets a cash prize of 25,000,000 naira and an SUV.

    The breakdown of the votes are: Efe (2,502,494), Bisola (704,072), DebbieRise (109,659), while Marvis and Tboss got 57,341 and 683,802 respectively.

    With these numbers of votes, the housemates won’t be the only ones smiling to the bank, the organizers too must be making so much ‘mazuma’ and wishing they can put this up twice in a year.

    After performing many tasks and taking part in this entertaining show, people are hopeful that these individuals will go ahead to blossom in their chosen careers like former Big Brother housemates, Karen Igho, Ebuka Uchendu and Tayo Faniran after now.

    The health crisis ravaging the country seems to be on the increase, over 420 Nigerians have been reported dead as a result of Meningitis. However, the glimmer of light for us all is that a solution is underway.

    In a hilarious slant, the Zamfara State governor added comic spice to the already tense situation when he declared that God was “punishing” his people with the disease.

    Many Nigerians including the Emir of Kano, Sanusi Lamido Sanusi urged the state governor not to bring God into the picture but rather look for pragmatic solutions to assuage the health crisis that has overtaken his state. In a reprisal response, Yari reiterated his earlier comment, stating that his people have stopped living the life pleasing to God and He was using this medium to punish the people.

    Hopefully, natural solutions and “spiritual” ones too will be gotten quickly so that this very deadly disease will become a thing of the past.  Already, the federal government has commenced vaccination in Zamfara which happens to be the most affected state after recording over 200 deaths to this scourge.

    The Economic and Financial Crimes Commission (EFCC) has discovered monies whose owners haven’t showed up to claim them in recent times. They have also been able to get suspects arrested but they have not been able to properly prosecute their cases in court. Judging from very recent examples, the anti-graft agency needs to beef-up its prosecution process to ensure that they are not labeled ‘toothless dog’ by the public.

    President Buhari has equally called upon them to properly dig deeper into issues before dragging suspects to court.

    Mfm fc of Agege has moved back to the top of the Nigeria Professional Football League after trouncing El-Kanemi warriors of Maduguri 3-0 in Lagos at the weekend. With goals from wonderboy Sikiru Olatunbosun, goal king Stephen Odey and Austine Ogunye, the “Olukoya boys” now go top of the log with 33 points followed closely by Plateau United who have a game in hand.

    In an ugly incident over the weekend in the league, fans of Kano Pillars attacked the Akwa United team after losing the home game. Hopefully, proper punishment will be meted out to the club to serve as deterrent to others by the organizers of the league. Also, the organizing body has to ensure they bring the league back on television after two weeks of non-availability of league football live for all to see.

    Segun Odunayo tweets from @Segun_Odunayo

     

  • Northern elite divided over Sanusi’s outburst

    Northern elite divided over Sanusi’s outburst

    Emir of Kano, Muhammadu Sanusi’s recent criticism of northern leaders is the root of a heated controversy over the region’s economic challenges; report Associate Editor, Sam Egburonu, Abdulgafar Alabelewe, Kaduna and Kolade Adeyemi, Kano

    It was designed to be a sober economic summit, Wednesday, April 5, 2017, in Kaduna State. But by the time the Emir of Kano, Muhammadu Sanusi 11, concluded his paper on the theme, ‘Promoting investments in the midst of economic challenges,’ a socio-economic and political wild fire was lit. Until this morning, the fire is still burning across the wide savannah plains and beyond, as the intellectuals and political leaders from the region respond with near lethal passion, either for or against the royal personage.

    While some applaud the Emir’s courage, calling him a rare, frank leader, others allege mischief, declaring him guilty of the same crime he accused northern leaders. The verbal crossfire has been hot and intense.

    What Sanusi said

    Sanusi’s lecture could be described as a bold, though precise attempt to uncover the root of the socio-economic difficulties in the northern part of Nigeria, in spite of its large population and the region’s political advantage over the years. Adopting a rather scholarly approach and quoting from UNDP human development report, the former Governor of the Central Bank of Nigeria (CBN) criticised northern leaders for discouraging attitudes and activities that, according to him, would have helped to develop the region. Alleging that the leaders failed to sufficiently impact on the common people in the region, he pointed out that, as a result, the North-West and the North-East remained the poorest parts of the world.

    “We are living in denial. The North-West and the North-East, demographically, constitute the bulk of Nigeria’s population, but look at human development indices, look at the number of children out of school, look at adult literacy, look at maternal mortality, look at infant mortality, look at girl-child completion rate, look at income per capita, the North-East and the North-West Nigeria are among the poorest parts of the world,” he said, adding, “As far back as 2000, I looked at the numbers, Borno and Yobe states, UNDP figures: Borno and Yobe states, if they were a country on their own, were poorer than Niger, Cameroon and Chad.”

    Based on these, Sanusi said, “Break Nigeria into its component parts and these parts of the country are among the poorest, if it were a country. And we do not realise we are in trouble. Nobody saw this because we were looking at Nigeria as a country that averages the oil-rich Niger Delta, the industrial and commercial-rich Lagos, the commercially viable South-East, and you have an average.”

    On how the region can ‘leap forward developmentally’, the Emir advised other northern leaders to educate girls. According to him, the northern Muslims had adopted an interpretation of culture and religion that was rooted in the 13th century mindset, which refused to recognise that the rest of the Muslim world had moved on.

    “We need to understand the roots of the problem of northern Nigeria. Burning books, it happened in Kano. What is the crime of those books? They were writing about (love), and love apparently is supposed to be a bad word.

    “In a society where you don’t love your women and you don’t love your children, you allow them to beg, you beat up your women, why should anyone talk about love?

    “We have adopted an interpretation of our culture and our religion that is rooted in the 13th century mindset that refuses to recognise that the rest of the Muslim world has moved on.

    “Today in Malaysia, you wake up and divorce your wife; that is fine. But you give her 50 per cent of all the wealth you acquired since you married her. It is a Muslim country. In Nigeria, you wake up after 20 years of marriage, you say to your wife, ‘I divorce you’, and that’s it.

    “Other Muslim nations have pushed forward girl-child education; they’ve pushed forward science and technology. They have pushed forward the arts. We have this myth in northern Nigeria, where we try to create an Islamic society that never existed.

    “We are fighting culture, we are fighting civilisation. We must wage an intellectual war, because Islam is not univocal. There are many voices, there are many interpretations, there are many viewpoints, and we have for too long allowed the ascendancy of the most conservative viewpoints. The consequences of that are that there are certain social problems,” he said.

    The monarch also frowned at Governor Abdulaziz Yari of Zamfara State over his dismissal of the cause of meningitis that killed over 200 people from his state as a punishment from God for the people’s sin of fornication. This, he said, was unfortunate, even as he faulted the economic model of President Muhammadu Buhari-led federal government, lamenting that the federal government was borrowing unsustainably.

    Reactions

    While many have responded to the comments the royal father made concerning federal government’s borrowing and Yari’s blame of divine punishment for meningitis that is wreaking havoc in the country, the responses so far over his criticism of northern leaders have elicited more passion and verbal fire.

    First Executive Governor of the old Kaduna State, Alhaji Abdulkadir Balarabe Musa, for example, said the Emir was right, pointing out that the former Central Bank Governor understands the nature of capitalism.

    “Uneven development is a direct impact of capitalism and it is inevitable because capitalism controls development in this country. It is the same all over the world. You find some areas are developed; some other areas are not developed.

    “If you want to bring about even development, you have to adopt a non-capitalist system of development. So, the Emir understands that, and I agree with him that this is the case, that capitalism is the type of system adopted in Nigeria and the leadership produced by the system. And the consequence of this is uneven development.

    “Yes, I agree with the Emir of Kano that, if those states were to be nations, they cannot survive on their own. There are nations like that which depend largely on imperialist countries,” he said.

    Also, frontline northern statesman, Alhaji Tanko Yakasai, told The Nation in Kano that “the statement credited to the Emir of Kano, Malam Mohammad Sanusi 11, that the north is developmentally backward, has been an age-long agitation.”

    Yakasai maintained that the Northern Elements Progressive Union (NEPU) has been in the forefront over the lack of human and infrastructural development in the region.

    According to him, NEPU has been pioneering the clamour, dating back to 1951, that women in the north can vote and be voted for by acquiring the highest level of education.

    ‘’I am one of the premium progressive and active leaders of Northern Elements Progressive Union (NEPU) that advocated the right of women to vote and be voted for by acquiring the highest level of education through Girl-child education for the development of the region.

    ‘’If you look at most of the nations, where Muslims constitute majority, like Indonesia, Pakistan, Malaysia and other Arab countries, including Egypt and Saudi Arabia, women have limitless opportunities to acquire education; therefore leaders in the northern part of the country, who feel that women should not be educated, are not speaking from the Islamic point of view.

    ‘’Women approximately constitute about 50 percent of Nigeria’s population, anybody who is thinking that that percentage of women population in the country should be left out is not only any enemy of progress in Nigeria but an enemy of progress as a whole, as well as the nation’s advancement.”

    Yakasai noted that denying women their right to acquire modern education had actually contributed to the backwardness of the north.

    ‘’We have been advocating this position, long before the Emir of Kano was born, so the Emir is only backing our position, which we had decades ago,’’ he said.

    Yakasai, who was a Special Adviser to ex-President Shehu Shagari in the Second Republic, also said, “another point, where I agreed with the position of the Emir is where he advocated that mosques should be used as schools to help in providing education for the people of Northern Nigeria.

    ‘’However, where I would like to adjust my position of the Emir in this regard, is that the mosque should be used to cater for primary school leavers, where they can acquire educational requirements for admission into tertiary institutions in the country.”

    The veteran politician also appealed to all traditional rulers in northern Nigeria to dedicate a substantial portion of the percentage they are given in their allocation of local government revenue in their areas of authority for use to establish universities and other tertiary institutions for the advancement of education in northern Nigeria.

    He said, if this could be done by the traditional rulers, the north would bridge the gap with their southern compatriots in a matter of between 10 and 15 years, adding that this is an obligation our traditional rulers should morally owe to their subjects.

    But in his reaction in a telephone chat on Friday night, a member of the Second Republic House of Representatives, Dr. Junaid Mohammed, frowned at the comments of the Emir of Kano, describing it as “bogus and mischievous in intent.” He told The Nation: “I have not read, in full, the comments made by the Emir of Kano, Alhaji Sanusi, but from what I have read and the reactions from some informed minds that I respect a lot, I think there is an evidence of over generalisation on the part of the Emir. Yes, he may have evidence of economic performance or non-performance but I think the real intent of the comment was mischief because he has not identified the northern leaders he accused.

    “For me, if leaders of the north are to be blamed for the region’s backwardness, the Emir of Kano is obviously one of the leaders to be blamed. As one of the privileged few to emerge the managing director of one of the biggest banks in the country, later the Governor of Central Bank of Nigeria (CBN) and now the Emir of Kano, if northern elites are to be accused of failing the common people in the region, Mallam Sanusi is clearly guilty also. I think the underdevelopment he is talking about was as a result of capitalism, and as the Central Bank Governor, it is obvious he is guilty.

    “My position is that the northern elites are not different from the elites of other regions in Nigeria. Take the case of the Niger Delta for example. I think the solution to Nigerian problem is for the elite to reach a consensus to work for the interest of common Nigerians. I don’t believe northern elites are different from other elites in Nigeria. So, I can assure you that the conduct of the elites of northern Nigeria towards their people is not different from the conduct of the elites of other regions in Nigeria towards their people.

    “So, I think the accusation the Emir levelled against northern elites could also be levelled against elites of other sections of the country. That is why I think the idea of singling out the northern elite for this allegation is bogus and mischievous in intent. I also think that those who think they have all the answers to Nigerian problems and those who are desirous of political power should resign their present positions to contest for elective positions, both to test their popularity and to prove how successful they can be.”

    Perhaps, the controversy has just begun.

     

  • Genital mutilation: Police arrest victim’s father, 3 others

    Genital mutilation: Police arrest victim’s father, 3 others

    The Police Command in Kano State has arrested one Ibrahim Maikaji, the father of the girl who was circumcised by some local barbers at Sabuwar Kaura village in Doguwa Local Government Area.

    The Public Relations officer of the command, DSP Magaji Majiya, disclosed this while briefing newsmen shortly after presenting the suspects to newsmen in Kano on Tuesday.

    Majiya said the command had also arrested the three traditional barbers who forcefully held her and used sharp object to operate on her, thereby causing grievous injury to her.

    The News Agency of Nigeria (NAN) reports that the Emir of Kano, Alhaji Muhammadu Sanusi II, had handed over the case to the Police Commissioner, Mr Rabi’u Yusuf, after the girl was brought to the palace.

    “We have arrested the father who mishandled his biological daughter to local barbers for genital mutilation.

    “This operation was cruelly carried out and it caused grievous injury to the genital organ of the victim,” the police spokesman said.

    He gave the names of the three suspected barbers as Shu’aibu Wanzam, Muhammadu Garba and Aminu Ali.

    Majiya said all the suspects were undergoing interrogation for criminal conspiracy and causing grievous hurt, and assured that they would soon be arraigned in court for proper prosecution.

    He warned parents to desist from such illegal acts as anyone caught would be arrested and prosecuted.

  • Emir of Kano urges Muslims to unite

    Emir of Kano urges Muslims to unite

    The Emir of Kano, Alhaji Muhammad Sanusi II, has urged Muslims to unite and eschew hatred.

    The emir, who is also the national president general, Jama’at Faedat Tijjaninniya of Nigeria, spoke yesterday in Ilorin at the inauguration of the Kwara State chapter of Ansarrudeen Attijanniyya society.

    Sanusi, who was represented by the National Secretary-General of the society, Sayyidi Yahaya, said Islam was not by show-off, but by adherents having a clear understanding and practicing its tenets.

    “Do not hate; Islam is not by hating others. Our mission is to propagate peace, unity and togetherness,” he said.

    According to him, the objective of the society is to become the most peaceful group in Nigeria and bring out the best of humanity in people.

    The emir urged members to integrate to develop the society.

  • Use mosques as classrooms, Emir Sanusi tells northern governors

    Use mosques as classrooms, Emir Sanusi tells northern governors

    The Emir of Kano, Muhammad Sanusi II has advised northern governors to use mosques to offer primary education instead of constructing more classrooms, in the midst of scarce resources.

    Emir Sanusi who spoke during the combined graduation of 2,000 in-service teachers under the Kano state Teacher Upgrade Training Programme, maintained that the idea was feasible and cost-saving.

    He said: “Since there are many mosques in the northern part of the country, across local governments, they could function as primary schools during the day time and in between afternoon and evening obligatory prayers.

    “By so doing, we can limit the amount we spend on school infrastructure and devote the funds to the training of teachers, which is among the critical factors that lead to positive learning outcomes.”

    According to him, “as proof that the idea will work, he stated that during a visited to Fez, a city in Morocco some time ago, he visited a mosque which, besides its traditional function as a place of worship, was also conveniently serving as a university with a structured course outlines and lecturers.”

    The Emir maintained that “the separation of mosques from the teaching of formal education contributed significantly to the notion, among misguided people, that Islam is against western education.”

    He, however, expressed happiness that for the first time, the government of Kano state has understood that the problem of education is not principally about infrastructure and teaching materials, but placed emphasis on teacher capacity building for better leaning outcomes.

    The governor of Kano state, Dr Abdullahi Umar Ganduje told the gathering that Kano has over 3 million pupils in public primary schools, over 52,000 teachers and 6,000 public basic education schools, with multiple challenges, including that of infrastructure.

    “Despite the current economic hardships, there are still ongoing construction of new schools, more renovation works in many schools, procurement and provision of essential teaching and learning materials,” he assured.

    Besides, the governor stated that administration is determined to improve the quality of human resource in the education sector for effective teaching and learning, saying, “we are surely obliged to continue to demonstrate our commitment to the development of education in the state.”

    Dr. Ganduje explained that his vision is to ensure that “by the end of year 2017, all unqualified basic education teachers in Kano State will become professional teachers through Teacher Upgrade Programme and other in-service Training opportunities.”

  • Sanusi advises Buhari to jettison $30b loan plan

    Sanusi advises Buhari to jettison $30b loan plan

    …Says support to private sector will end recession

     

    The Emir of Kano, Sanusi Lamido Sanusi Friday kicked against plans by President Muhammadu Buhari to seek approval of the Senate on the $30 billion loan request.

    The former Central Bank of Nigeria (CBN) Governor said even if the Senate gave their ascent to the loan, no country or global financial institutions would be willing to grant the loan request.

    Sanusi during policy dialogue forum organised by the Savannah Centre for Diplomacy, Democracy and Development (SCDDD), in Abuja disclosed that for a nation that has five exchange rates, it would be difficult for such request to scale through.

    He said the nation’s foreign exchange lacks credibility, thus federal government needed to embrace private sector investments as means to grow the economy out of recession.

    Sanusi emphasised that oil cannot help the nation out of the current economic situation and it would “never make Nigeria ‎rich.”

    His words: ‎”I can tell you for free, if the Senate today approve that we can borrow $30 billion, honestly, no one will lend us. It should be approved and I will like to see how you will go to the international market with an economy that has five exchange rates.

    “There is one rate for petroleum marketers, there is inter-bank rate, there is another for money market operators such as western union, money gram, there is bureau de change rate and there is a special rate you get when you call the CBN for a transaction.

    “So who will borrow you when they don’t know your exact reserve and exchange rate. I want to see who will borrow you money when the Niger Delta bombing of oil is there ‎when the main source of the loan repayment is oil.”

    He noted that the country’s population continued to grow to over 40 million people since 2015, yet government found it hard to increase capital expenditure.

    He warned on continuous dependence on China as good ally, adding that imports from China have scrapped the nation’s local industry.

     

    “We trust China too much. We need to be very careful. They are killing our textile and other industries and yet selling to us,” he added.

    However, he urged the federal government to reduce its debt service through greater loan concessionary.

    He said the country in the past 15 years had been borrowing money to pay salaries, fuel subsidy and there are possibilities for the nation to keep borrowing in the next 15 years, as those borrowed were not channeled into health, power or infrastructural development.

    Sanusi said the June 2016 forex reform should be implemented to unite the market through single transparent rate rather than creating four new rates.

    “The Senate should support tax incentives and other benefits to encourage private sectors,” he added.

    In his remark, former Anambra State Governor‎, Peter Obi called for drastic reduction in cost of governance.

    He said only four states in the country are viable yet they are burdened with huge debts such as overheads.

    Obi called for a change of attitude in government activities.