Emir of Kano and former Central Bank governor, Muhammadu Sanusi II says he is more optimistic of Nigeria’s economy now than he has ever been in many years. Sanusi said this while speaking to newsmen in Abuja yesterday August 3rd
“What the government has done by fighting insecurity and corruption provides an environment where government policies can thrive.
The recent steps that have been taken by deregulating the oil sector, liberalizing the Forex market, meeting with economists, and setting up a proper economic team, suggests that there is now attention focused on real economic issues. I am much more optimistic today than I have been in many years as far as the economy is concerned. We are going through a difficult time. We are always bound to go through difficult times when the oilprice crash and with all the mismanagement of the past but I think right now, we are finally about to turn a corner. We need to be realistic, nobody should expect overnight that things will change. Inflation will be with us for sometime, recession will be reversed gradually”he said