What Nigerians need right now is the idea of restructuring said Henry nwosu.

Agitations for restructuring of Nigeria’s political system have been going on for eons without fruition. While the agitations have raged on, there has been no agreement among the Nigerian elites on the “why” and “how” the country should be restructured. Whereas there is a broad consensus among southerners that Nigeria needs to be restructured, the northern compatriots on the other hand are not so crazy about the idea.

The demand for restructuring is largely driven by what has been identified as a dysfunctional unitary system of governance that was foisted on the country since the 1966 military incursion into public administration of the country.The system entails the full control of revenues generated from taxes and mineral resources at sub-national levels by the central government, which then allocates proportions of such revenues to the federating units in an inequitable manner. Thus, the proponents of restructuring argue that this negates the letter and spirit of true federalism.

The major focus of the restructuring debate has been on changing the percentage of the derivation formula for the regions, where mineral resources are extracted. This formula, which has gone through various iterations, has dropped from 50 per cent in the 1960s to currently 13 per cent. If we have to be realistic with ourselves, this preoccupation with sharing revenue in our extractive economy is antidevelopment. Therefore, what we need is a restructuring of our thinking.

I will strive, in this opinion piece, to show why we need a new development model that shifts the mindset of our states and the various regions of the country away from dependence on oil & gas and makes us a more economically prosperous nation.
In the substance of it, I do agree with the need for devolution of powers to the federating units but I go farther in my submission than most adherents of restructuring. The federating units that I refer to are not the states and local governments but the six geopolitical zones or what is called regionalism. This, too, is not a new idea per se. I maintain that the states can remain as they are under the regional system I am proposing.

Comments

Efcc make a move on U.S for allegedly deployed two Nigerians

eaglestares.blogspot.com The Economic and Financial Crimes Commission (EFCC) on Thursday re-arraigned an American, Marco Ramirez, at an Ikeja Special Offences Court for allegedly defrauding three Nigerians of $1.2 million on the pretext of securing green cards for them. Ramirez was re-arraigned before Justice Mojisola Dada on an amended 12-count charge of conspiracy and obtaining under false pretence. Ramirez was arraigned alongside his companies – USA Now LLC; Eagle Ford Instalodge Group LP and USA Now Capital Group. The EFCC said that Ramirez committed the offences between February 2013 and August 2013 in Lagos. Ramirez is alleged to have defrauded Ambassador Godson Echejue, Mr Abubakar Umar and Mr Olukayode Sodimu of the money. The offences contravene Section 1 (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, No. 14 of 2006. The American and his companies were previously arraigned in June 22, 2017 before Justice Josephine Oyefeso, on a 16-count charge...

Chief of Army staff "bUratai: reason for rapid restructuring the nation security

eaglestares.blogspot.com It is no longer a joke, what the security of the country has become. Nowhere in the country is safe now and everyday Nigerians live in the fear of the unknown. If they turned to North, it is Boko Haram and bandits; South, it is kidnapping; West, it is armed robbery cum bandits and Middle Belt, it is herdsmen. Nothing however gives fillip to the seeming state of helplessness that Nigeria has found herself than last week, when three suicide bombers blew themselves up in a busy market outside Kondura, Borno State and the only thing President Muhammadu Buhari could say was to commit the bombers to God. As if that wasn’t enough despair to contend with, the Chief of Army Staff, Tukur Buratai too came out to say the reason the insurgents were doing well against the Nigerian Army was because his men at the warfront were not committed. What a leader there is! Yet, insecurity has continued to escalate in all parts of the country, as parents, according to UNICEF, ar...

4. MAJOR KEY REASONS WHY COVID 19 CANNOT EASILY END IN NORTHERN NIGERIA.

The Chinese virus called covid 19 has been the biggest challenges in the face of the Earth, which the major world power couldn't do anything about it.. and it has killed thausands of soul's , Africa which is a continent with a lot of developing and under developing nation. With lacks of morden technology, social amenities, lack of man power, and also poor medical facilities. Ñow the question here is how can Nigeria popularly known as the Giants of Africa Tackle such a disaster? Nigeria is one of the best developing nation in Africa but with different ethics diversity and religious beliefs. Specifically take a look at the northern part of the country occupied by the Muslims , how can a lay man from the north survive such a disaster and what are dengers ,difficulties and challenges to be face by a NORTHERNEE?? here are (4) key challenges a ...

Eaglestare

Search This Blog