'The Biggest Problem I Have Seen With Our Country Is The Lack Of Policy Continuity' - Emir Sanusi Lamido

Emir of Kano, Muhammadu Lamido Sanusi 

Awarenessinfohub has gathered that Emir of Kano, Muhammadu Lamido  Sanusi, has lamented the lack of policy continuity in Nigeria, which he believes is hindering the country's economic and agricultural development.

Speaking at a joint session of the United Nations World Food Programme (WFP) and the African Development Bank (AfDB) in Abuja, Sanusi emphasized the need for policy stability to attract investment and promote economic growth.

Sanusi noted that the lack of policy continuity is a major problem in Nigeria, where every change in government brings about a new set of policies.

"The biggest problem I have seen with our country is the lack of policy continuity. Every time you have an election, it is as if everybody starts on a clean slate," he said. 

This has resulted in a civil service that fails to preserve institutional memory, leading to the repetition of the same issues every few years.

The Emir cited an example of a project he initiated during his tenure as Governor of the Central Bank of Nigeria (CBN), which aimed to improve lending and promote investments in local agricultural production. 

Despite identifying 13 tomato varieties suitable for paste production, outdated laws blocked their commercialization. 

Sanusi lamented that the project was abandoned before the reforms could mature, highlighting the need for policy stability to attract investment and promote economic growth.

Sanusi emphasized that policy stability is crucial for fighting poverty, ending insecurity, and building an inclusive economy. 

"Fixing the value chain is the best way to deal with poverty in northern Nigeria. But we must ensure the next government does not start from stage one again," he added. 

He also noted that government's role is not to fix every farmer's challenge but to create confidence for private investment to thrive.

Keypoints

Policy Continuity: The lack of policy continuity is a major obstacle to Nigeria's economic and agricultural development.

Institutional Memory: The civil service's failure to preserve institutional memory leads to the repetition of the same issues every few years.

Private Sector Investment: The government's role is to create confidence for private investment to thrive, rather than trying to fix every farmer's challenge.

Policy Stability: Policy stability is crucial for fighting poverty, ending insecurity, and building an inclusive economy.

By promoting policy stability and continuity, Nigeria can attract investment, promote economic growth, and improve the lives of its citizens.

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