Sanusi spoke at the 42nd convocation of the University of Benin, Edo State.
He urged Nigerians not to use God as an excuse for failure, adding that one “must not attribute to God that which God has left for us.”
He identified the three steps as putting up the right monetary, fiscal and structural policies to address the biting recession.
The emir, who is the chancellor of the university, said, “If you want to deal with a recession, there are things you have to do, which are set out in economics. You (should) go and do them. Put in the right monetary policy; put in the right fiscal policies; put in the right structural policies and the economy will grow.”