Former Governor ofthe Central Bank of Nigeria (CBN) and the 14th Emir of Kano, Sanusi Lamido Sanusi, has given a recipe for Nigeria’s economic growth and recovery.
Sanusi who spoke at the “Distinguished Lecture Series” of the Nigerian Institute of International Affairs (NIIA) in Lagos on Thursday, said that over-dependence on oil alone will not make Nigeria rich.
Speaking on the theme “Resetting the Nigerian Economy for a Brighter Future,” Sanusi said oil production was enough to get Nigeria into trouble but was not capable of making the country rich because, according to him, reduced dependence on petrol will be the long-term solution to the petrol subsidy removal crisis.
