CBN
The Presidency on Saturday said the Emir of Kano, Muhammadu Sanusi II, did not have the facts on the issues over which he criticised President Muhammadu Buhari’s administration.
Sanusi had, on Friday, said the Buhari administration lacked the right policies to fix Nigeria’s economy, even as he warned of grave consequences of borrowing $30bn from external sources.
He had stated that even if the Senate approved the loan, no foreign nation or financial institution would be willing to accede to the country’s loan request.
But the Senior Special Assistant to the President on Media and Publicity, Garba Shehu, said, “With every respect to the Emir, you know he is my ruler, because I come from Kano.
“He doesn’t have his facts as far as those issues are concerned. The issue in CBN, that government has overdrawn its Central Consolidated Account is true, but it is within limits.”
