Daniel Bwala, the Special Adviser to President Bola Ahmed Tinubu on Policy Communication has reacted to the statement that was made by the Emir of Kano, Sanusi Lamido.
The reaction of Daniel Bwala was contained in a post that he shared on his official X handle on Friday, April 24, 2026.
This is coming after the Emir of Kano asked why Nigeria is still borrowing. In the video that was posted on the official X handle of LEADERSHIP NEWS, Sanusi Lamido said if subsidy has been removed, why is Nigeria still borrowing.
Here is what Sanusi Lamido said;
“If you’ve removed subsidy, why are we still borrowing?”.
However, Daniel Bwala has now shared his thoughts after the report surfaced online. In a post that he shared on his official X handle, he said Nigeria is borrowing to invest in critical sectors of the economy.
Here is what Daniel Bwala wrote on his official X handle;
“Your Royal highness, we are simply borrowing to invest in the critical sectors of our economy.
“The infrastructure deficit requires a yearly investment of atleast $30B – $100B and what we have is insufficient”. Read_More…
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