Nigeria’s Rising Debt Sparks Fresh Fiscal Concerns

Economic analysts have renewed concerns over Nigeria’s growing debt profile, warning that the country’s debt-to-revenue ratio has reached unsustainable levels and could undermine long-term fiscal stability. Despite increased revenue allocations from the Federation Account Allocation Committee (FAAC), the Federal Government continues to pursue new loans. President Bola Tinubu recently sought Senate approval for a $516.3 […]
Sanusi Questions FG Borrowing Despite Subsidy Removal

The Emir of Kano, Muhammadu Sanusi II, has raised concerns over Nigeria’s rising debt profile, questioning why the Federal Government continues to borrow heavily despite the removal of petrol subsidy. Speaking in an interview with News Central TV, the former Governor of the Central Bank of Nigeria said while key reforms such as subsidy removal […]
Sanusi Questions Nigeria’s Continued Borrowing Despite Fuel Subsidy Removal

The Emir of Kano, Muhammadu Sanusi II, has criticised Nigeria’s fiscal direction, questioning the Federal Government’s continued reliance on borrowing despite the removal of petrol subsidy and exchange rate reforms. Speaking in an interview shared by News Central TV, Sanusi said that while the removal of fuel subsidy and liberalisation of the foreign exchange market were […]
Bayero Criticises Kano Over Sanusi Procession Approval

The 15th Emir of Kano, Aminu Ado Bayero, has criticised the Kano State Government over what he described as preferential treatment in permitting Muhammadu Sanusi II to hold a limited procession amid ongoing tensions within the emirate. Bayero warned that the decision could be interpreted as official recognition of Sanusi, despite the unresolved legal dispute […]
Emir Sanusi II Hosts Governor’s Delegation Amid Emirship Dispute

The 16th Emir of Kano, Muhammadu Sanusi II, hosted senior government officials for an Iftar at his Gidan Rumfa Palace on Tuesday, followed by a private meeting with a delegation representing Governor Abba Kabir Yusuf. The governor’s office confirmed the closed-door meeting in a Facebook post on Wednesday, shared by his spokesperson, Sanusi Bature Dawakin […]