Sanusi credits Tinubu with rescuing Nigeria’s economy

Author: vanguardngr.comPublished on: November 4, 2026Country: Nigeria
Business & Economy
Sanusi credits Tinubu with rescuing Nigeria’s economy

Kano Emir Muhammadu Sanusi II praised economic progress under President Bola Tinubu, citing 4.48% growth in the second quarter of 2026 and inflation falling from about 30% to 14.6%. Speaking at a conference in Oxford, the former Central Bank of Nigeria governor also noted a 47% rise in GDP per capita since 2023 and foreign reserves of $55 billion, while warning that portfolio investment flows are volatile. He said the Dangote Refinery accounts for 20% of Nigeria’s exports and stressed that growth must be sustained to secure lasting stability. Sanusi also criticised the government’s communications, saying it treats suggestions and criticism as attacks.

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