ECONOMIC RECESSION: Sanusi asks Buhari to beware of Jonathan’s pitfalls

The Emir of Kano, Alhaji Mohammed Sanusi, has asked President Muhammadu Buhari to avoid the pitfalls of the defunct Jonathan Administration, in his ongoing efforts to reposition the economy, now in technical recession.

Sanusi urged the president to beware of those he called voodoo economists, who are advising him, and formulate policies that would bail out the economy, creates new jobs and attract foreign investments.

The traditional ruler who gave the advice in Kano, at the fifteenth meeting of the Joint Planning Board and the National Council on Development Planning, organized by the federal ministry of budget and planning, said the Buhari government had made several mistakes in its policy formulation.

Asking Buhari to stop blaming the Jonathan administration for the present economic crisis, the former CBN Governor said the prevalent economic indices requires sound policies.

As a way out, the emir suggested the introduction of incentives to foreign investors, the respect of contractual agreements, and a transparent, clearly stated statement and mutual document.

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