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Sanusi criticizes Nigeria's borrowing after removing fuel subsidies.
Emir of Kano Muhammadu Sanusi II criticized the Nigerian government for borrowing despite removing fuel subsidies, calling the move contradictory and unsustainable.
He warned that reforms were poorly timed and implemented without fiscal discipline, worsening the naira's decline.
Sanusi argued that with functional local refineries, the country should be saving money, not taking on more debt.
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Sanusi critica los préstamos de Nigeria después de eliminar los subsidios al combustible.