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Emir Sanusi Slams Tinubu: “You Removed Subsidy, So Why Are You Still Borrowing 

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By Yusuf Danjuma Yunusa

In an assessment of Nigeria’s current fiscal trajectory, the Emir of Kano, Muhammadu Sanusi II, has questioned the Federal Government’s continued reliance on borrowing despite the removal of the petrol subsidy.

Speaking in an interview posted by News Central TV on Friday, the former Governor of the Central Bank of Nigeria, stated that while the removal of fuel subsidy and the liberalisation of the exchange rate were necessary, the timing and lack of fiscal discipline are threatening to erase the potential benefits.

According to the monarch, Nigeria’s practice of supporting foreign refineries while its domestic refining capacity remained dormant was a systemic failure that needed to be addressed.

“I have always said the subsidy regime was unsustainable. We cannot continue supporting foreign refineries. We’re an oil-producing country. Keeping refineries open abroad while we’re not doing our own,” Sanusi said.

He, however, expressed optimism over the current shift toward domestic production, noting that the country has moved from a heavy importer of petroleum products to an exporter.

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“Today, we have a situation where we have our own domestic refinery. We’re not importing petroleum products. We’re even exporting to Europe, and this is very good for the economy,” he added.

While backing the policy shifts, the former apex bank chief raised concerns over the timing and the sequence of the reforms.

He said, “Artificial exchange rates, especially when you’re printing money, cannot work. There was going to be a devaluation.

“For me, removing subsidy or liberalising exchange rates, these are good interventions. Were they done at the right time? Those are certain questions. Were there other things that should be done that have not been done? These are other issues.”

He argued that liberalising the exchange rate in a “loose monetary environment” contributed to the currency’s rapid depreciation.

“It’s not enough to say, oh, they removed subsidy. You had to. When you get to a point where 100% of your revenue goes into debt service, you cannot continue. Where is the money going to come from?

“However, if you decide to remove subsidy and liberalise exchange rates in an environment of very loose monetary conditions, before you have tightened money supply, the Naira drops to a bottomless pit. That was a timing issue.”

Sanusi went further to challenge the Federal Government’s continued borrowing despite eliminating subsidy payments.

“We’ve removed the subsidy. We’re now spending it. What we should not see is fiscal consolidation. You cannot remove wastages and continue borrowing. I’ve said this before. You need to see the benefits.

“If you’re not paying the subsidy and you’ve got the money, why are we still borrowing and borrowing? What are we borrowing for?” Sanusi questioned.

Earlier in April, the Federal Government increased its 2026 borrowing plan upward by ₦11.31 trillion, bringing the total projected borrowing for the year to ₦29.20 trillion.

President Bola Tinubu also sought the Senate’s approval on Thursday for a fresh $516 million loan to fund the Sokoto-Badagry Superhighway.

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NISO Announces Power Outage in Kano, Jigawa, Katsina for Grid Maintenance

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By Yusuf Danjuma Yunusa

The Nigerian Independent System Operator (NISO) has announced a planned power interruption affecting Kano, Jigawa, and Katsina states this Sunday, from 9:00 a.m. to 1:00 p.m.

In a statement posted via its X handle, NISO explained that the temporary outage is necessary to facilitate essential maintenance at the 330kV Kumbotso Substation, to be carried out by the Transmission Company of Nigeria (TCN).

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Describing the upgrade as a critical investment, the system operator noted that the exercise would strengthen the national grid, enhance transmission capacity, and improve the overall resilience of Nigeria’s power system—ultimately leading to better electricity supply for customers in the affected region.

NISO expressed regret over the inconvenience and appealed for patience, understanding, and cooperation from members of the public during the maintenance period.

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DSS Releases Detained Farmer, Awards N3 Million Compensation After Review Clears Him of Terror Links

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By Yusuf Danjuma Yunusa

The Director-General of the Department of State Services (DSS), Oluwatosin Adeola Ajayi, has ordered the immediate release and compensation of a man who had been wrongfully detained on suspicion of ties to Boko Haram.

Nura Idris, a farmer and livestock rearer from Soba Local Government Area in Kaduna State, was released following a comprehensive review by a DSS investigation panel that found no evidence to support the allegations against him.

In addition to ordering his release, the DSS Director-General approved a compensation package of N3 million to assist Idris with his immediate needs and pledged further support to help him rebuild his business.

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According to a security source, Idris was initially arrested in June 2024 in Suleja, Niger State, by a sister security agency over alleged links to terrorists. He was subsequently transferred to DSS custody, where the case underwent a full review.

Receiving the compensation, Idris expressed gratitude to the DSS leadership. “I thank the DGSS for his kindness. I was well treated in DSS custody and I pray that Allah rewards the DGSS immensely,” he was quoted as saying.

His father, Yusuf Idris, who received him upon his release, also thanked the DSS Director-General for his compassion and generosity, assuring that the compensation would be put to good use.

Another security source disclosed that in similar cases, the DSS routinely provides psychological and medical support to released detainees and assists them in establishing businesses to facilitate their reintegration into society.

The release of Idris is part of a broader internal review exercise initiated by the Service last year. The initiative aims to reassess inherited and prolonged detention cases to ensure that individuals held without sufficient evidence are not left in custody.

“The Service under the current DG has continued to show that safeguarding national security must go hand in hand with upholding the rights and dignity of citizens,” the source said.

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Army Approves Strategic Redeployment, Names New GOCs for 3 and 6 Divisions

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By Yusuf Danjuma Yunusa

The Nigerian Army has announced a major reshuffle of its senior officers, with changes affecting key operational, command, training and staff appointments.

According to a statement issued on Saturday by the Acting Director of Army Public Relations, Colonel Appolonia Anele, the reshuffle is part of efforts to strengthen national security and improve operational effectiveness across the country.

The statement added that the postings affected field commanders, school commandants and principal staff officers at the Army Headquarters.

It noted that the Chief of Army Staff, Lieutenant General Waidi Shaibu, approved the strategic redeployment of senior officers, saying the move was aimed at enhancing the Army’s capacity to address emerging security challenges.

Under the new appointments, Major General WM Dangana has been named the General Officer Commanding (GOC) 3 Division Nigerian Army and Commander of Joint Task Force Operation ENDURING PEACE, replacing Major General EF Oyinlola.

Similarly, Major General EI Okoro has been appointed GOC 6 Division Nigerian Army and Land Component Commander of Joint Task Force South-South Operation DELTA SAFE, succeeding Major General EE Emeka.

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The statement also announced the appointment of Major General JR Lar as Commander, Army Headquarters Garrison, while Brigadier General OM Oyekola will serve as Acting Military Secretary (Army). Brigadier General I Waziri retains his position as Chief of Staff in the Office of the Chief of Army Staff.

As part of efforts to strengthen operational leadership and combat readiness, Brigadier General IB Buhari was appointed Commander of Headquarters 63 Brigade, while Brigadier General K Rabiu was named Commander of Headquarters 31 Artillery Brigade.

In a move reflecting the Army’s growing emphasis on technology and emerging security threats, Major General SA Emmanuel was appointed Commander of the Nigerian Army Space Command.

The statement noted that the appointment “reinforces the Army’s growing focus on emerging domains of warfare and technology-driven security operations.”

Major General O Adegbe was also appointed Director of Intelligence and Security at Defence Headquarters.

In the area of military education and institutional development, Major General KE Chigbu was appointed Deputy Commandant of the National Defence College, while Major General SD Makolo became Commandant of the Nigerian Army Armour School.

Other appointments include Major General SO Adejimi as Commandant of the Nigerian Army School of Supply and Transport and Major General FS Etim as Chief of Training at the Headquarters Training and Doctrine Command, Nigerian Army (TRADOC).

Brigadier General U Ahmad has also been appointed Commandant of Depot Nigerian Army, Zaria.

The reshuffle further saw Major General KO Ukandu appointed Managing Director and Chief Executive Officer of Post Housing Development Limited, while Major General AI Allison was named Managing Director of Defence Properties Limited.

The statement added, “The COAS charged the newly appointed senior officers to justify the confidence reposed in them by demonstrating exemplary leadership, professionalism, innovation and unwavering commitment to the Nigerian Army’s constitutional mandate of defending Nigeria’s sovereignty, protecting its territorial integrity and supporting civil authority in maintaining peace and security across the nation.

“The Nigerian Army remains resolute in its transformation drive and commitment to building a highly professional, combat-ready and people-oriented force capable of effectively addressing contemporary and future security challenges in pursuit of Nigeria’s national security objectives.”

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