Emir Sanusi slams Buhari: “Foreign exchange regime encourages corruption”

The emir of Kano and the immediate past governor of the Central Bank (CBN), Muhammad Sanusi II, says President Muhammadu Buhari’s endorsement of the CBN foreign exchange policy encourages corruption. Lauding Buhari’s removal of “wasteful and corrupt fuel subsidies”, Sanusi said the current forex policy endorsed by the president encourages similar rent seeking and corruption […]

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