Nigeria: Sanusi backs Tinubu’s reforms, calls for smarter spending, local food production

By Zuleihat Owuiye, Mamos Nigeria

The Emir of Kano and former Central Bank Governor, Muhammad Sanusi II, has expressed support for about 80 percent of President Bola Tinubu’s policy direction, while highlighting areas that need closer attention, particularly government spending and food importation.

In a recent interview, Sanusi praised the administration for stabilizing the economy through improved fiscal discipline and better coordination of monetary policy. He noted progress in revenue generation, debt management, and deficit reduction, calling these positive steps toward economic stability.

However, Sanusi cautioned that government spending still requires scrutiny. “We’re spending too much on governance—too many political appointees, too many officers,” he said. “If we do not improve the quality of spending and put a rein on expenditure, we’re going to continue borrowing.” He warned that mismanaging post-subsidy savings could push Nigeria back into a debt trap.

Sanusi also raised concerns about the country’s reliance on imported food. While acknowledging the government’s goal of reducing food prices, he described mass importation as counterproductive for domestic production. “Nigeria must strengthen its agricultural value chain and rely on local production to feed the nation,” he said.

Despite his reservations, the Emir of Kano acknowledged the government’s achievements. “All in all, I support 70 to 80 percent of the direction the government is taking,” he said, adding that with better oversight of expenditures and a focus on domestic agriculture, Nigeria can build on its current progress.