Former Central Bank of Nigeria (CBN) Governor and Emir of Kano, Muhammadu Sanusi II, has cautioned presidential advisers and ministers against becoming sycophants instead of providing candid counsel that could benefit the nation’s economy.
Sanusi delivered these remarks Monday in Abuja during the Oxford Global Think Tank Leadership Conference and Book Launch, where he and Atedo Peterside analyzed Nigeria’s economic policies and governance difficulties.
Addressing the importance of honesty and bravery in government service, Sanusi expressed concern that Nigeria’s leadership problems are amplified by sycophancy, with truth-tellers frequently labeled as government adversaries.
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“Our leaders listen but only to those who tell them what they want to hear,” the Emir said. “Nigeria has too many sycophants in government. Those who speak the truth are seen as enemies of the state.”
He criticized the increasing tendency toward excessive flattery of political figures during official events, cautioning that it suppresses genuine feedback and effective governance.
“You sit in a meeting, and the President is there. The first thing people say is, ‘Mr. President, I want to thank you for your great leadership. God has blessed Nigeria by making you our leader,’” Sanusi said. “By the time they finish laying that foundation, it is their advice that the President accepts.”
“But when you tell the truth and point out what is wrong, they say you are the enemy. That is why people like Atedo Peterside and myself are always seen as enemies of the state because people don’t like hearing the truth.”
Sanusi called on ministers and presidential counselors to rebuild integrity in public service through honest communication with leadership, emphasizing that unquestioning allegiance has hindered Nigeria’s advancement.
“Those who work with the President must understand that it is not in their benefit to turn themselves into praise singers,” he warned. “You disgrace yourself and the office you hold when you do that.”
Discussing economic matters, the Emir acknowledged the Tinubu administration’s fuel subsidy elimination and exchange rate unification as difficult but essential measures. However, he warned these reforms would prove ineffective without institutional discipline and responsible fiscal management.
“If you stop paying subsidies but continue borrowing more, it means you’ve filled one hole only to dig another,” he said. “The real challenge now is the quality of government spending and the management of the revenues saved.”
Sanusi, who led the CBN from 2009 to 2014, attributed Nigeria’s present economic difficulties to prolonged policy inconsistency and populist governance, observing that politicians who resisted subsidy removal in 2012 are now implementing it.
“In 2012, we warned that the subsidy was unsustainable, but politics took over,” he recalled. “Now the same people who led protests against it have inherited the problem and had no choice but to do the right thing.”
The Emir commended the current economic team’s professionalism, including Finance Minister Wale Edun and CBN Governor Yemi Cardoso, crediting them with positive steps toward stabilizing inflation and exchange rate fluctuations.
Nevertheless, he emphasized the urgent need to eliminate government waste, reduce cabinet size, and demonstrate leadership through example.
“Why do we need 48 ministers? Why do we need long convoys of vehicles and endless travel expenses?” he queried. “We cannot preach sacrifice to the people while living in luxury at the top.”
The conference theme, “Reimagining Leadership and Governance in a Changing Africa,” attracted policymakers, development specialists, and academics discussing pathways for governance effectiveness and institutional transformation.
Atedo Peterside, Stanbic IBTC Bank founder, reinforced Sanusi’s fiscal responsibility message, stating that government must demonstrate that subsidy removal savings benefit ordinary Nigerians.
“It’s not true that pain automatically brings gain,” Peterside warned. “Gain only follows pain if the government spends wisely, eliminates waste, and supports the poor.”
Both speakers agreed Nigeria’s recovery requires not just aggressive economic reforms but ethical renewal among leadership.
“Good policy without good governance is like planting a tree and refusing to water it,” Sanusi said. “Nigeria’s leaders must stop surrounding themselves with praise singers and start listening to the truth even when it is uncomfortable.”