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General News of Friday, 16 June 2023

Source: legit.ng

What Ex-CBN governor Sanusi said after meeting President Tinubu

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Sanusi Lamido Sanusi Sanusi Lamido Sanusi

The former Governor of the Central Bank of Nigeria (CBN), and 14th Emir of Kano, Sanusi Lamido Sanusi has lauded the President, Asiwaju Bola Ahmed Tinubu for his economic reforms since his assumption of office.

Sanusi made this known during a courtesy visit paid to the Tinubu at the Presidential Villa on Thursday evening, June 15, Arise TV reported. Former CBN Governor Sanusi lauds Tinubu on economic reforms.

President Tinubu upon assumption of office on Monday, May 29, 2023, has removed fuel subsidy and directed the CBN to abolish multiple exchange rate windows, a Reuters report noted.

In the report, Reuters said the Nigerian leader, in office for less than a month, is “pushing to put Africa’s largest economy on a reform track that investors have eyed for decades.”

"President Bola Tinubu's bold actions, including removing restrictions on the naira currency that allowed it to hit a record 790 to the dollar and subsidy removals that tripled petrol prices, could take stress off the battered finances of Africa's largest economy.

"But investors, burned by previous reforms that ultimately proved hollow, say it will take time to build trust and listed myriad questions over the final shape of the economy," the report stated.

Speaking during the visit at the Villa on Thursday, Sanusi said the decisions taken so far by President Tinubu are long overdue.

Speaking fourth on the main reason for his visit, Sanusi added, "I came to appeal to President Bola Tinubu on the case of the 37 Herdsmen who were bombed by the Nigerian Airforce in Nasarawa few months ago. It's a case we do not want to forget and he (Tinubu) promised to look into the matter."

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