The Governor of Nigerian Central Bank, Sanusi Lamido Sanusi has warned that unless the federal government cuts jobs in civil service, Nigeria may not be on a part of sustainable growth. He lamented economics woes of the country which channels 70% of its budget on recurrent expenditure. He recommended among other things scrapping of of 774 local government areas in the country, cutting the seats in the national assembly and strongly oppose creation of additional states as enlisted in the constitution amendment. He said only these will help to liberate the needed fund for the capital expenditure. Sanusi who was turbaned some months ago as the Dan-Majen of Kano state introduces many banking policies upon polices as the governor of the Central Bank. He urged both the federal and state governments to cut down their overhead cost of running the government and be extra prudent in their spending too.
However, Delta state governor, Emmanuel Uduagha objected to Sanusi's opinion insisting that such action will cause a very serious confusion in time like this. He equally jocularly referred him as 'Governor General of Controversy'. Also NLC stated that Governor Sanusi is flowing against the tide of the masses.
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