Recession: Call in the experts - Sanusi advice Buhari

Emir of Kano, Mallam Muhammad Sanusi II, advised the Federal Government yesterday during the traditional Sallah Durbar at the Government House, Kano to call in the experts. 

In his view, consulting the experts will help in resolving the crisis and reducing the hardship Nigerians are facing. 
The government is coincidentally, having a retreat on the economy today in Abuja. Efforts to arrest the naira’s losses against other currencies seem not to be working. It  exchanged at over N400 to the dollar last week in the parallel market. Oil prices have crashed. Besides, Nigeria has not been meeting its quota –  no thanks to bombings of oil facilities in the Niger Delta. The government has announced that the economy is in recession.

The emir, who is a former governor of the Central Bank of Nigeria (CBN), urged the rich to support the poor to alleviate their suffering.

He added that Nigerians, irrespective of religious beliefs and political inclinations, should continue to pray for economic growth.

He also urged the people of Kano to remain law-abiding and be their brothers’ keepers, irrespective of religion or ethnic background.

Sanusi urged the state government to help the people to acquire skills that would make them self-reliant.

Acting Governor Hafiz Abubakar, a professor, said paying workers’ salary was not a privilege but an obligation, which the state had continued to meet.

He pointed out that the economic crunch had made it difficult for no fewer than 28 of the 36 states to pay workers.

Abubakar said that the state government was spending N62 million weekly on feeding boarding school students.

He called on the people to continue to pray for Nigeria’s peace, unity and progress.