The former Emir of Kano and ex-Governor of the Central Bank of Nigeria (CBN), His Highness Muhammad Sanusi II, has hailed the governor of Abia State, Alex Otti, for constituting a State Global Economic Advisory Council, News About Nigeria reports.
He lauded the governor while speaking at the formal inauguration of the council at the Banquet Hall of the Government House Umuahia on Thursday.
Sanusi described the governor as a man with intellectual capacity, stating that the future of Abia State is bright and the state is in good hands.
He maintained that most of those in positions of leadership in the country performed poorly because they lacked intellectual capacity, stating that they ought to borrow a leaf from the governor and be committed to seeing to it that their states move forward and record a notable level of growth and development.
He, however, sympathised with the state government, noting that their efforts to attract foreign investors are being frustrated by the absence of focused economic policies of the federal government.
According to him, the state has always bore the brunt of the Federal Government’s poor economic policies, which scare away foreign investors, notwithstanding some laudable efforts that have been made to attract investors.
”Sub-nationals are having difficulties because of what is happening at the centre. Investors look at the macro economy, and they turn away,” he said.
He therefore urged the governor and other governors, as members of the National Economic Council, to advise the government at the centre to pursue sensible policies that would make the macroeconomic environment attractive to investors.
