Sanusi Laments: We Have No Money For Power Or Infrastructure, But We Have For Subsidy

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The Emir of Kano, HRH Muhammadu Sanusi Sanusi 11 (CON), says the Nigerian government must get rid of petroleum subsidies and think more about investing in power and infrastructure, otherwise the crisis to come in the future will be far heavier than the current state of the country.

The former Central Bank of Nigeria (CBN) Governor said this on Thursday during a courtesy call on Udom Emmanuel, Governor of the state, in his office in Uyo, capital of the state.

He also acknowledged Akwa Ibom as a very peaceful state and has recommended it as a safe haven for investors into the country.

Sanusi announced plans by his company, Qua Iboe Power Plant (QIPP), to invest $1.1billion in the exploration of gas in Akwa Ibom State.

A statement by the Governor’s media team explained that Sanusi was full of commendation to the Governor for the giant strides so far recorded by his…



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