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

“In 1980, Nigeria’s GDP per capital on purchasing power parity basis was $2,180. In 2014, it appreciated by 50 per cent to $3,099. According to the World Bank, where were we in 2019? $2,229. At this rate in the next two years in terms of purchasing power parity, the average income of a Nigerian would have gone back to what it was in 1980 under Shehu Shagari. That means, in 40 years, no progress, we made zero progress. 40 years wasted,” he said.

The former Emir who was also Governor of Central Bank( CBN), spoke at a colloquium in Kaduna on Saturday to mark his 60th birthday anniversary.

The event which was moderated by ace journalist, Kadaria Ahmed, had in attendance Governor Aminu Tambuwal of Sokoto State, former Deputy Governor of CBN, George Moghalo, the Deputy Governor of Kaduna State, Emir of Zazzau, other Emirs and chiefs, University dons, other distinguished Nigerians, among others.

According to the former Emir, “I told my family during a dinner to mark my birthday that, maybe one of the reasons that I am able to face any challenge is that I know that, no matter what happens, there would be friends who are standing waiting for me: Nasir El-Rufai, Bukola Saraki, Albert Wigwe, Aig Imoukhede, Aliko Dangote, all of them. So, it is a blessing to have people who are with you in good times and bad times, who are with you for who you are.”

“Usually when people gather like this, it is for either someone who is in office or someone who is dead. You leave office, especially when you are seen as a trouble maker, people don’t gather to honour you. So, it is what I remain grateful to Allah for.”

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

‘But if there is anything that I have to share with the younger generation especially that I now consider myself getting old is that the fears that we have are grossly unfounded. As Kingsley said, when we started the banking reforms. On the eve of the banking reforms, every day, on the front pages of newspapers, the banks’ CEOs were at the Villa. They were the friends of the President, they were oligarchs, they were untouchables.”

“I remember when we started going after the bankers, someone called me and said, you know you are young man, you don’t know what you are doing, you will not succeed. What have we done today? So far, three or four of the wealthiest and powerful bank CEOs in this country have gone to jail and nothing happened.”

“You can fight any system, you don’t need a large number. People can have temporary powers to use but the truth will always prevail. So, when I was suspended as CBN Governor, I made a famous statement that you can suspend a man, but you cannot suspend the truth. And this is the truth that has come out.”

“As His Eminence, the Sultan of Sokoto said recently, this country has a problem. We cannot ignore the fact that things are not working. When you are in a society that is so abnormal, you cannot afford to be a conformist, because if you all conform things will not change.”

“Many years ago, when I was screaming about the billions being spent on fuel subsidy, I remember there was an attempt to arrack my house in Kano, then I was in the CBN. Where are we today? We are made to face with the reality. That fuel subsidy is unsustainable. Now when the decision is taken, it will be more painful than if they had removed it five or 10 years ago.”

“I only speak to the best of my understanding what I see about the country and I have paid the price, but Nigerians are the ones paying the real price. It is the price you see in increased poverty, it is a price you see in insecurity, in high rate of inflation, in loss of values of our currency, in the numbers around malnutrition, unemployment, out-of-school children, maternal mortality, and infant mortality.”
“Calling me controversial or calling me an enemy or critic, will not make those facts go away. So, anywhere we go, we must face these facts. Am I happy about it on my 60th birthday? No. Because, 60 years ago when I was born, the United State government advisory was telling investors that Nigeria has a better economic future than Japan. Today where are we and where is Japan? “

“It is not about one or two governments, it is about decades of a people throwing away opportunities and every time we are given a chance to make a change, we go back to the same old things.”

“And you know, when I have a platform like this, I have to talk. I have tried not to say much not because there is nothing to say or because I am afraid of speaking. The reason I have not spoken much in the last two years is because, I don’t even have to say anything anymore, because all the things we were warning about have come.”

“In 1980, Nigeria’s GDP per capital on purchasing power parity basis was $2,180. In 2014, it appreciated by 50 per cent to $3,099. According to the World Bank, where were we in 2019? $2,229. At this rate in the next two years in terms of purchasing power parity, the average income of a Nigerian would have gone back to what it was in 1980 under Shehu Shagari. That means, in 40 years, no progress, we made zero progress. 40 years wasted.”

“Between 2014 and 2029, on the basis of this index of the purchasing power of the average income of an average Nigerian, we have wiped out all the progress made in 35 years. We have a responsibility as a people to rise and improve the lives of the people of this country.”

“It is no longer about government, political parties, traditionsl rulers, Emirs. The days are gone of saying one class of people whether they are Emirs or civil servants cannot talk. When there is fire, everyone has to go with a bucket of water. We need to understand how our economy works as a people, we need to understand our choices. 70 per cent of our challenges in this country from insecurity to herder/farmer clashes, all have their roots in economy. Even this shout about restructuring is about economics, it is about resources. We need to grow this economy and make it work for the poor people.”

“Since I am wearing two caps as an economist and an Islamic scholar, I need to say that, at the level of the North and Muslims, we need to look hard at ourselves and questions the choices we have made.”

“As Emir of Kano, we got scholars to sit for three years. We drafted a Muslim Code of Personal Status that began to address some of these issues. That law was ready in 2019, but it has not been passed.”

“I also sent it to the Chairman of the Northern States Governors’ Forum, the Governor of Plateau state and said in case any of the Governors need it, give it to them. 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 cannot maintain one wife and you marry three and if you cannot maintain three children and you have 17, if you leave those children on the street without education, without training, you are going to have young men that would be problem to our society.”

“The youths that you see on drugs, those in stealing and kidnapping are all products of that social system.
And we need to ask ourselves, is this what Islam saidwe should have? Are these the children that Islam said we should have,” he asked.
https://www.vanguardngr.com/2021/08/40-years-after-nigeria-going-back-to-what-it-was-in-1980-―-sanusi/

This buhari led administration is everything incompetent and wicked.

DubaiLandLord1:
Not only the GMB administration, all the administration we have been having since 1999. For some personal reason, I still rate yaradua ahead of GMB, OBJ and GEJ.

GEJ is the most terrible unless you no go wan tell yourself the truth, closely followed by GMB.

You and the commenter below are in the same school of comprehension abilities.

MT:


You referred to yourself as a senior writer but you wrote like a toddler. Sanusi is an highly cerebral man and at no point did he blame buhari but collectively blamed all the past administrations in the choices they had made, buhari inclusive.

I stated a factual opinion and I'll rather talk about the present maladministration rather than bother about the past which is already a spilt milk!
The fact that you lack comprehension ability is not anyone's fault but yours.....
Deep Quote
Ability to read and comprehend is a superpower...you lack it!


WE NEED YOUNG VISIONARY LEADERS IN NIGERIA!

@SENIORWRITER

Thanks to PDP and APC.

As if you were not part of the Government.
Complaining yet every month end your pension and arrears is still being paid for a work well-done you did when you were still among those in Power

babdap:
Thanks to PDP and APC.

PDP actually consistently grew the GDP more than ever ..the met it at 200 billion dollars and handed it over @ 550 billion and in 6 years Buhari took it to 300

Na una package and introduce El Disaster give the poor uninformed citizens to patronize.

People like me warned Buhari will set Nigeria 30 years back but I was even wrong he has set it 40 years back

Says the person who helped Bulhari into power in 2015, after using his position as cbn governor to tarnish Jonathan's administration. He's a bias f0ol like so many other northerners here who supported d mannequin only because of the tribal factor. He should keep quiet and enjoy the ride.

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

“In 1980, Nigeria’s GDP per capital on purchasing power parity basis was $2,180. In 2014, it appreciated by 50 per cent to $3,099. According to the World Bank, where were we in 2019? $2,229. At this rate in the next two years in terms of purchasing power parity, the average income of a Nigerian would have gone back to what it was in 1980 under Shehu Shagari. That means, in 40 years, no progress, we made zero progress. 40 years wasted,” he said.

The former Emir who was also Governor of Central Bank( CBN), spoke at a colloquium in Kaduna on Saturday to mark his 60th birthday anniversary.

The event which was moderated by ace journalist, Kadaria Ahmed, had in attendance Governor Aminu Tambuwal of Sokoto State, former Deputy Governor of CBN, George Moghalo, the Deputy Governor of Kaduna State, Emir of Zazzau, other Emirs and chiefs, University dons, other distinguished Nigerians, among others.

According to the former Emir, “I told my family during a dinner to mark my birthday that, maybe one of the reasons that I am able to face any challenge is that I know that, no matter what happens, there would be friends who are standing waiting for me: Nasir El-Rufai, Bukola Saraki, Albert Wigwe, Aig Imoukhede, Aliko Dangote, all of them. So, it is a blessing to have people who are with you in good times and bad times, who are with you for who you are.”

“Usually when people gather like this, it is for either someone who is in office or someone who is dead. You leave office, especially when you are seen as a trouble maker, people don’t gather to honour you. So, it is what I remain grateful to Allah for.”

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

‘But if there is anything that I have to share with the younger generation especially that I now consider myself getting old is that the fears that we have are grossly unfounded. As Kingsley said, when we started the banking reforms. On the eve of the banking reforms, every day, on the front pages of newspapers, the banks’ CEOs were at the Villa. They were the friends of the President, they were oligarchs, they were untouchables.”

“I remember when we started going after the bankers, someone called me and said, you know you are young man, you don’t know what you are doing, you will not succeed. What have we done today? So far, three or four of the wealthiest and powerful bank CEOs in this country have gone to jail and nothing happened.”

“You can fight any system, you don’t need a large number. People can have temporary powers to use but the truth will always prevail. So, when I was suspended as CBN Governor, I made a famous statement that you can suspend a man, but you cannot suspend the truth. And this is the truth that has come out.”

“As His Eminence, the Sultan of Sokoto said recently, this country has a problem. We cannot ignore the fact that things are not working. When you are in a society that is so abnormal, you cannot afford to be a conformist, because if you all conform things will not change.”

“Many years ago, when I was screaming about the billions being spent on fuel subsidy, I remember there was an attempt to arrack my house in Kano, then I was in the CBN. Where are we today? We are made to face with the reality. That fuel subsidy is unsustainable. Now when the decision is taken, it will be more painful than if they had removed it five or 10 years ago.”

“I only speak to the best of my understanding what I see about the country and I have paid the price, but Nigerians are the ones paying the real price. It is the price you see in increased poverty, it is a price you see in insecurity, in high rate of inflation, in loss of values of our currency, in the numbers around malnutrition, unemployment, out-of-school children, maternal mortality, and infant mortality.”
“Calling me controversial or calling me an enemy or critic, will not make those facts go away. So, anywhere we go, we must face these facts. Am I happy about it on my 60th birthday? No. Because, 60 years ago when I was born, the United State government advisory was telling investors that Nigeria has a better economic future than Japan. Today where are we and where is Japan? “

“It is not about one or two governments, it is about decades of a people throwing away opportunities and every time we are given a chance to make a change, we go back to the same old things.”

“And you know, when I have a platform like this, I have to talk. I have tried not to say much not because there is nothing to say or because I am afraid of speaking. The reason I have not spoken much in the last two years is because, I don’t even have to say anything anymore, because all the things we were warning about have come.”

“In 1980, Nigeria’s GDP per capital on purchasing power parity basis was $2,180. In 2014, it appreciated by 50 per cent to $3,099. According to the World Bank, where were we in 2019? $2,229. At this rate in the next two years in terms of purchasing power parity, the average income of a Nigerian would have gone back to what it was in 1980 under Shehu Shagari. That means, in 40 years, no progress, we made zero progress. 40 years wasted.”

“Between 2014 and 2029, on the basis of this index of the purchasing power of the average income of an average Nigerian, we have wiped out all the progress made in 35 years. We have a responsibility as a people to rise and improve the lives of the people of this country.”

“It is no longer about government, political parties, traditionsl rulers, Emirs. The days are gone of saying one class of people whether they are Emirs or civil servants cannot talk. When there is fire, everyone has to go with a bucket of water. We need to understand how our economy works as a people, we need to understand our choices. 70 per cent of our challenges in this country from insecurity to herder/farmer clashes, all have their roots in economy. Even this shout about restructuring is about economics, it is about resources. We need to grow this economy and make it work for the poor people.”

“Since I am wearing two caps as an economist and an Islamic scholar, I need to say that, at the level of the North and Muslims, we need to look hard at ourselves and questions the choices we have made.”

“As Emir of Kano, we got scholars to sit for three years. We drafted a Muslim Code of Personal Status that began to address some of these issues. That law was ready in 2019, but it has not been passed.”

“I also sent it to the Chairman of the Northern States Governors’ Forum, the Governor of Plateau state and said in case any of the Governors need it, give it to them. 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 cannot maintain one wife and you marry three and if you cannot maintain three children and you have 17, if you leave those children on the street without education, without training, you are going to have young men that would be problem to our society.”

“The youths that you see on drugs, those in stealing and kidnapping are all products of that social system.
And we need to ask ourselves, is this what Islam saidwe should have? Are these the children that Islam said we should have,” he asked.
https://www.vanguardngr.com/2021/08/40-years-after-nigeria-going-back-to-what-it-was-in-1980-―-sanusi/

Let me assist him, 40 years ago, we had approximately 200m people, over 100 universities , GSM and Internet, 24 hour radio and Tv stations, terrorist groups like Boko Haram and IPOB etc. SMH.

Anyone taking us back is not sincere. Nigeria has moved far beyond such era! God bless Nigeria.

Please can you summarize

bmcs over to una

Seniorwriter:
This buhari led administration is everything incompetent and wicked.



WE NEED YOUNG VISIONARY LEADERS IN NIGERIA!

@SENIORWRITER

Not only the GMB administration, all the administration we have been having since 1999. For some personal reason, I still rate yaradua ahead of GMB, OBJ and GEJ.

GEJ is the most terrible unless you no go wan tell yourself the truth, closely followed by GMB.

checkmatez:
As if you were not part of the Government.
Complaining yet every month end your pension and arrears is still being paid for a work well-done you did when you were still among those in Power

How is it his fault he was made the Governor of the CBN? if nah your dad or nah you yourself, will you reject such a position?

Vaughanlanrewaj:


Let me assist him, 40 years ago, we had approximately 200m people, over 100 universities , GSM and Internet, 24 hour radio and Tv stations, terrorist groups like Boko Haram and IPOB etc. SMH.

Anyone taking us back is not sincere. Nigeria has moved far beyond such era! God bless Nigeria.

That means it's even worse Because despite the growth in technology and population the GDP is heading to 80 figures under Buhari

T

Sai baba

FarahAideed:


That means it's even worse Because despite the growth in technology and population the GDP is heading to 80 figures under Buhari

Sir, please check your economics textbooks again and read about the different types of parameters used for economic development measurement and don't make the error of comparing oranges to apples.
Even Abuja FCT, Oshodi and Lagos Ibadan expressway were like the way they look now 40 years ago.

Vaughanlanrewaj:
Sir, please check your economics textbooks again and read about the different types of parameters used for economic development measurement and don't make the error of comparing oranges to apples.
Even Abuja FCT, Oshodi and Lagos Ibadan expressway were like the way they look now 40 years ago.

We are talking about the Gross Domestic Product mister man ..what is my Business with how Oshodi looks

The Fulani is a disaster everywhere

FarahAideed:
People like me warned Buhari will set Nigeria 30 years back but I was even wrong he has set it 40 years back

There wouldn't be any Nigeria were PDP allowed to go on.

FarahAideed:

PDP actually consistently grew the GDP more than ever ..the met it at 200 billion dollars and handed it over @ 550 billion and in 6 years Buhari took it to 300

Liar the economy was rebased, we all knew Nigeria’s economy was a lot larger than the 1990 forecast.

MalcoImX:

There wouldn't be any Nigeria were PDP allowed to go on.

Ohh stop this stale nonsense ..even a retarded goat would have been better for NIGERIA than Buhari

FarahAideed:


Ohh stop this stale nonsense ..even a retarded goat would have been better for NIGERIA than Buhari

This is a democratic dispensation your Governor & your Local Government is more important than the President, I don’t hear Udom of Akwa Ibom complaining, or Sanwo Olu of Lagos State, the states have refused to be productive & you blame the president for it.

Have you ever questioned what your state has done with The Statutory Federal Allocation free money every month from the Federal Government? You don’t care, just blame the President?

FarahAideed:
People like me warned Buhari will set Nigeria 30 years back but I was even wrong he has set it 40 years back

But same Atiku, Tambuwal, Saraki that supported Buhari then in 2014 say they made a mistake, but we should allow them make another mistake again? Jonathan’s greed to be President for a 3rd term brought President Buhari to power. You are all the same birds of the same feather, Pot calling kettle black.

Zombies will call the Emir an IPOB.

As of 2014, our PPP was $3,099 but zombies, I mean stupid retarded idiots, will open mouth to talk about GEJ administration.

By 2019, our PPP had gone down to $2,229. If World Bank was to release the data as of 2021, I’m sure it must have gone down to about $1,500.

One thing Sanusi did not talk about is our debt profile.

As of 2014 when the PPP was $3,099 our debt profile was not even half what it is today.

Zombies, may your lives go 40 years backwards like Buhari has done with Nigeria.

Fools!

Buckeyemedia1:
But same Atiku, Tambuwal, Saraki that supported Buhari then in 2014 say they made a mistake, but we should allow them make another mistake again? Jonathan’s greed to be President for a 3rd term brought President Buhari to power. You are all the same birds of the same feather, Pot calling kettle black.

Atiku, Saraki and co have accepted they were wrong.

But you, you probably think you are wiser than Atiku and Saraki and co, that’s why you have not accepted you were wrong too.

Buhari is a disaster. Do you accept that?

When Dr Ngozi was saying it... we thought it was....

Emir Sanusi Lamido Sanusi knows where Nigeria got it all wrong hence hence he once wrote that Nigeria should........

Tinubu will never be president. After helping this Buhari disaster into power to wreck Nigeria he will be taught a lesson

Hahahaha this is in the 80s and now seems to be worst

Vaughanlanrewaj:


Let me assist him, 40 years ago, we had approximately 200m people, over 100 universities , GSM and Internet, 24 hour radio and Tv stations, terrorist groups like Boko Haram and IPOB etc. SMH.

Anyone taking us back is not sincere. Nigeria has moved far beyond such era! God bless Nigeria.

Ode! Ordinary GDP you can't comprehend. All those things that you mentioned made up the GDP. This tells the sheer scale of people in poverty. Anyway,

Our Leaders and elites are the cause of our economic woes...