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Federal Government Responds to Emir Sanusi’s Remarks on Economic Reforms

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The Federal Government has issued a press release in response to recent remarks made by His Highness, Emir Of Kano Muhammadu Sanusi II, regarding the economic reforms introduced under President Bola Ahmed Tinubu’s administration. The press release, dated January 16, 2025, was signed by Mohammed Idris, Honourable Minister of Information and National Orientation.

The Federal Government acknowledged Emir Sanusi’s right to express his opinion, whether in the form of commendation or criticism. “First, we acknowledge that Sanusi, and indeed any Nigerian, has the inalienable right to express opinion either in form of commendation or criticism on how the government is being run,” the statement read. However, the government found it amusing that a leader from an institution that values forthrightness, fairness, and justice would publicly admit to withholding the truth due to personal interest.

The press release emphasized that Nigeria is at a pivotal juncture where bold and decisive actions are necessary to tackle entrenched economic challenges. “This administration has implemented transformative reforms not because they are easy, but because they are essential for securing Nigeria’s long-term stability and growth, as Emir Sanusi had consistently advocated,” the statement noted.

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The government highlighted the temporary pains currently experienced as a result of these reforms, which Emir Sanusi himself acknowledged as a “necessary consequence of decades of irresponsible economic management.” The press release detailed the measurable progress already being delivered by the reforms, including the unification of exchange rates, increased foreign reserves, and the removal of the fuel subsidy, which has allowed for greater investment in critical sectors such as infrastructure, education, and healthcare.

“It is deeply disappointing that reforms widely recognized as essential by global experts—including by Emir Sanusi II himself—are now being subtly condemned by him because of a shift in loyalty,” the statement read. The government urged the Emir to rise above personal interests and partisan undertones and prioritize the greater good of Nigerians.

The press release called for unity, focus, and sacrifice from all stakeholders to rebuild Nigeria. “Rebuilding Nigeria requires unity, focus, and sacrifice from all stakeholders. As a government, we urge esteemed leaders to refrain from rhetoric that undermines public trust,” the statement emphasized.

President Bola Ahmed Tinubu’s administration remains resolute in its mission to lead Nigeria towards economic inclusivity, sustainability, and shared prosperity. “The challenges we face demand courage and collective effort, not divisive narratives. This administration is open to constructive dialogue with all well-meaning stakeholders, while remaining steadfast in putting the interests of Nigerians above all else,” the statement concluded.

 

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Kano Ex-Deputy Governor Gawuna Joins ADC After Resignation from APC

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By Yusuf Danjuma Yunusa

Nasiru Gawuna, the 2023 governorship candidate of the All Progressives Congress (APC) in Kano State, has formally joined the African Democratic Congress (ADC).

Gawuna, a former deputy governor of the state, received his membership card on Tuesday at his ward in Gawuna, Nasarawa Local Government Area. The event drew a large gathering of supporters and notable political figures, including former Governor Senator Rabiu Musa Kwankwaso, immediate-past Deputy Governor Aminu Gwarzo, and the state ADC chairman, Musa Ungogo.

Speaking after the registration, Gawuna thanked his supporters and party leaders, pledging his commitment to strengthening the ADC in Kano State.

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His defection follows a formal resignation from the APC, which he described as a personal and voluntary decision. In a letter dated March 29, 2026, addressed to his ward chairman, Gawuna expressed appreciation to the APC for the opportunity to serve.

The move also comes after his resignation as Chairman of the Board of Directors of the Federal Mortgage Bank of Nigeria, effective March 31, 2026. His departure from the role complied with a directive by President Bola Ahmed Tinubu requiring political appointees to resign in line with the provisions of the Electoral Act.

Gawuna thanked the president for the trust reposed in him, noting it was an honor to serve in various capacities, including as Pro-Chancellor and Chairman of the Governing Council of Bayero University, Kano.

Political observers view Gawuna’s entry into the ADC as a significant boost for the party, given his political influence and strong showing in the 2023 governorship election, where he secured 890,705 votes.

The development is the latest in a series of political realignments in Kano State ahead of the 2027 general elections, signaling continued shifts in the state’s political landscape.

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JUST IN: Senate Approves Tinubu’s $6 Billion Loan Request

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By Yusuf Danjuma Yunusa

The Senate on Tuesday approved President Bola Tinubu’s request to secure $6 billion in external loans, granting legislative backing for the facilities hours after the Executive formally sought approval to finance critical infrastructure and address fiscal gaps.

The approval followed the consideration of a report submitted by the Chairman of the Senate Committee on Local and Foreign Debts, Senator Aliyu Wamakko (APC, Sokoto North).

In a letter read during plenary, President Tinubu sought approval for two separate facilities: a $5 billion loan from Abu Dhabi Bank to support budget deficit financing and meet existing debt obligations, and a $1 billion loan from UK Export Finance through Citibank London to fund the rehabilitation of the Lagos Port Complex and Tin Can Island Port.

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According to the President, the port rehabilitation projects aim to address longstanding operational challenges, improve efficiency, enhance safety standards, support non-oil trade diversification, and position Nigeria as a regional trade hub.

Senate President Godswill Akpabio referred the requests to the committee for expedited consideration, a directive that culminated in Tuesday’s approval.

The latest borrowing comes amid the Federal Government’s sustained reliance on domestic and external loans to finance budget deficits. Four months ago, the National Assembly approved a separate request to raise N1.15 trillion from the domestic debt market to fund the 2025 budget deficit.

In its report, the Senate Committee on Local and Foreign Debts noted that the 2025 Appropriation Act provides for total expenditure of N59.99 trillion—an increase of N5.25 trillion from the Executive’s initial proposal—highlighting the widening fiscal gap driving the government’s borrowing strategy.

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El-Rufai’s Bail Hearing Adjourned to Wednesday as Security Tightens Around Kaduna Court

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By Yusuf Danjuma Yunusa

The Federal High Court in Kaduna has adjourned the bail hearing for former Governor Nasir El-Rufai until Wednesday, March 31. Justice Rilwanu scheduled the new date after hearing arguments from both the defense and prosecution.

El-Rufai was arraigned by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) on a 10-count charge involving the alleged conversion of public property and money laundering. The former governor pleaded not guilty to all charges.

In a separate case, El-Rufai also appeared before a Kaduna State High Court on charges of abuse of office, fraud, and intent to commit fraud. The ICPC filed charge number KDH/KAD/ICPC/01/26 against him and one other defendant, Amadu Sule, from the Kaduna State Development Agency (LEDA).

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According to the News Agency of Nigeria, El-Rufai arrived at the Federal High Court premises at approximately 9:40 a.m. in the company of ICPC officers.

Security was heightened across the Kaduna metropolis ahead of the proceedings. Armed personnel from the police, the Department of State Services (DSS), and the Kaduna State Vigilance Service were deployed to strategic locations. Access to the court was restricted to accredited journalists and court officials, though media representatives were barred from entering the courtroom to cover the proceedings.

Counsel for El-Rufai, Abdul Adamu, declined to comment after the session, stating only that the case “has been adjourned till tomorrow.”

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