A former Governor of the Central Bank of Nigeria (CBN) Sanusi Lamido has said the constitution gives room for President Muhammadu Buhari’s impeachment for paying millions in fuel subsidies without appropriation.
The dethroned emir of Kano, who spoke on Tuesday at the Economic Summit in Abuja, said it’s unfortunate that nobody is holding the President to account over the situation.
He said, “Every year, the government spends millions upon millions of dollars on fuel subsidies without appropriation. Under the constitution, this is enough ground to impeach the President.
“But nobody is holding them to account. The National Assembly is not holding them to account.”
Sanusi called on the government to be bold in making decisions that would lead to development of the country.
“Those in government must understand that there are times that you have to make some decisions not because they are popular but because they are right.
“We have to decide to run a developmental state and not a rental state; not a populists state.
“We are pursuing a populist policy: we want to have cheap fuel, cheap electricity, a strong Naira. That is populism.
“At the end of the day, what price are we paying by taking money out of education in order to subsidise petroleum products?” Sanusi said.
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