Forty years later, Nigeria is returning to what it was in 1980 – Sanusi

Former Emir of Kano, Sanusi

By Ibrahim Wuyo

Former Emir of Kano, Muhammadu Sanusi ll, said that Nigeria as a country has made no progress in the past 40 years.

“In 1980 Nigeria’s gross domestic product (GDP) based on purchasing power parity was $ 2,180. In 2014, it appreciated 50 percent to $ 3,099. According to the World Bank, where did we stand in 2019? $ 2,229. At this rate in purchasing power parity, the median income of a Nigerian would have fallen over the next two years to the level of 1980 under Shehu Shagari. That means no progress in 40 years, we have made zero progress. 40 years wasted, ”he said.

The former emir, who was also the governor of the central bank (CBN), spoke at a colloquium in Kaduna on Saturday on the occasion of his 60th birthday.

The event, moderated by the outstanding journalist Kadaria Ahmed, was attended by Governor Aminu Tambuwal of Sokoto State, former Deputy Governor of CBN, George Moghalo, Deputy Governor of Kaduna State, Emir of Zazzau, other emirs and chiefs, university lecturers, other distinguished Nigerians , among other things.

The former emir said, “I told my family over a birthday dinner that maybe one of the reasons I can face any challenge is because I know there would be friends no matter what me: Nasir El-Rufai, Bukola Saraki, Albert Wigwe, Aig Imoukhede, Aliko Dangote, everyone. So it is a blessing to have people who are with you in good times and bad, who are who they are. “

“When people gather like this, it’s usually either for someone in office or someone who is dead. You leave office especially if you are seen as a troublemaker, people don’t gather to honor you. I am grateful to Allah for that. “

“So what I will briefly say in all these 60 years is that my lifelong dream has always been to remain the same person, to live by the values ​​that I have set myself, to stand by these values ​​and be ready to be to face the consequences. “

“But if there is one thing I have to share with the younger generation, especially that I now consider myself old, is that the fears we have are completely unfounded. As Kingsley said when we started banking reform. On the eve of the banking reform, the front pages of the newspapers featured the heads of the banks in the villa every day. They were the president’s friends, they were oligarchs, they were untouchables. “

“I remember when we started chasing the bankers someone called me and said you know you are a young man, you don’t know what you are doing, you will not succeed. What did we do today So far, three or four of the richest and most powerful bank chiefs in this country have gone to jail and nothing has happened. “

“You can fight any system, you don’t need a large number. People can have temporary powers, but the truth will always prevail. When I was suspended as the CBN governor, I made a famous statement that you can suspend a man, but the truth cannot be suspended. And that’s the truth that came out. “

“As His Eminence the Sultan of Sokoto said recently, this country has a problem. We can’t ignore the fact that things don’t work. In such an abnormal society, you cannot afford to be a conformist because if you are all conform then things will not change. “

“Many years ago when I was shouting about the billions for fuel subsidies, I remember there was an attempt to ransack my house in Kano, then I was at the CBN. Where are we today We are faced with reality. This fuel subsidy is not sustainable. If the decision is made now, it will be more painful than if they removed it five or ten years ago. “

“I only speak to the best of my ability what I see about the country and I paid the price, but Nigerians pay the real price. It is the price you see in increasing poverty, it is a price you see in the insecurity, the high rate of inflation, the depreciation of our currency, the numbers related to malnutrition, unemployment, children out of school, maternal mortality and Infant mortality. “

“If you call me controversial, or an enemy, or a critic, these facts will not go away. So wherever we go we have to face these facts. Will I be happy about it on my 60th birthday? No. Because 60 years ago, when I was born, the US government advisory service told investors that Nigeria had a better economic future than Japan. Where are we today and where is Japan? “

“It’s not about a government or two, it’s about a people wasting opportunities for decades and every time we have the chance to change something we go back to the same old things.”

“And you know, when I have a platform like this, I have to talk. I tried not to say much, not because there was nothing to say or because I was afraid to speak. The reason I haven’t spoken much in the past two years is because I don’t even have to say anything anymore because all the things we warned about have come. “

“In 1980 Nigeria’s gross domestic product (GDP) based on purchasing power parity was $ 2,180. In 2014, it appreciated 50 percent to $ 3,099. According to the World Bank, where did we stand in 2019? $ 2,229. At this rate in purchasing power parity, the median income of a Nigerian would have fallen over the next two years to the level of 1980 under Shehu Shagari. That means no progress in 40 years, we have made zero progress. 40 years wasted. “

“Between 2014 and 2029, based on this index of the purchasing power of the median income of the average Nigerian, we wiped out all 35 years of progress. As a people, we have a responsibility to stand up and improve the lives of the people of this country. “

“It’s no longer about government, political parties, traditional rulers, emirs. Gone are the days when it was said that a class of people, whether they are emirs or officials, cannot speak. If there is a fire, everyone has to walk with a bucket of water. We have to understand how our economy works as a people, we have to understand our decisions. 70 percent of our challenges in this country, from insecurity to clashes between shepherds and farmers, all have roots in the economy. This call for restructuring is also about economics, it’s about resources. We have to build this economy and make it work for the poor. “

“Since I wear two caps as an economist and Islamic scholar, I have to say that we at the northern and Muslim level have to take a close look at ourselves and question our decisions.”

“As the Emir of Kano, we abandoned scholars for three years. We drafted a Muslim Code of Personal Status that addressed some of these issues. This law was ready in 2019, but it has not yet been passed. “

“I also sent it to the chairman of the Northern Governor’s Forum, the governor of the State of Plateau, and said if any governor needs it, give it to him. I have not heard anything. But we keep talking about poverty in the north. We keep talking about Almajirai. These Almajirai did not produce themselves. “

“If you don’t have a wife and you can marry three, and if you don’t have three children and have 17, if you leave these children on the streets with no education, no training, you will have young men who would be a problem for our society. “

“The youngsters you see on drugs, the ones who steal and kidnap, are all products of this social system. And we have to ask ourselves: is this what Islam said we should have? Are these the children that Islam said we should have? ”He asked.

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