Why Buhari May End Up Like Jonathan – Sanusi

Sanusi Lamido Sanusi, emir of Kano and former Governor of Central Bank of Nigeria (CBN) has said that President Muhammadu Buhari would end up like his predecessor Goodluck Jonathan if Nigeria’s economy wasn’t expanded “through wise investment”.

He made this known on Wednesday while delivering a lecture at the ongoing 15th meetings of the joint planning board and national council on development planning in Kano, titled ‘Nigeria in search of new growth model’.

Sanusi said: “If we do not expand the economy through wise investment, we can end up in classical Malthusian situation. If this government continues to behave the way the past government behaved, we will end up where Jonathan ended.”

He said a system where someone sits down and with a telephone call makes N1billion without investing a single Kobo is wrong and unsustainable.

He lamented that in spite of the previous experiences, the country is still making the same mistakes.

“A situation where we cannot process tomato — tomato paste is being imported from China — is sad,” he said.

Facebook Comments