HomeLocal NewsPetrol Subsidy: I’m sorry for the next President – Sanusi

Petrol Subsidy: I’m sorry for the next President – Sanusi

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Former Kano Emir Muhammadu Sanusi II advises Nigerians not to vote for any politician who claims that once elected, everything will be easy.

Speaking at the closing ceremony of the 7th edition of the Kaduna Economic and Investment Summit on Saturday, the former governor of the Central Bank of Nigeria (CBN) said politicians must prepare citizens’ minds for difficult decisions.

“Please let me request from our politicians. You must prepare the minds of Nigerians for difficult decisions,” he said.

“Anybody who tells you that it is going to be easy, please don’t vote for him. It is either he is lying to you or he doesn’t know what job he is going to get.

“You cannot with this level of debt service, with this level of collapse in revenue, with this level of poverty, you cannot take corrective decisions. Tariffs on the electricity sector will have to be corrected. Tariffs in the oil sector have to be corrected.

“But before we correct that, we have to deal with the opportunities for rent-seeking. You have to close off the inflated numbers, the false numbers.”

I’m sorry for the next President – Sanusi

The former emir said whoever becomes president of the country in 2023 must probe petrol subsidy payments.

They must give names of the ships that came and we must verify if those ships were in Nigeria on that date.

“You must bring evidence. That is what the law says. There must be proof before you pay the subsidy,” he said.

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