Anyaoku, Soludo give reasons Nigeria is underdeveloped
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Anyaoku, Soludo give reasons Nigeria is underdeveloped

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Anyaoku, Soludo give reasons Nigeria is underdeveloped

The need for the restructuring of the country, again came under scrutiny, as a former Commonwealth Secretary-General, Chief Emeka Anyaoku, and a former Governor of the Central Bank of Nigeria, Prof. Charles Soludo, said except the country is restructured, the desired development sought by Nigerians will continue to be elusive.

According to them, the current political arrangement in the cannot guarantee development.
Anyaoku spoke in Abuja on Saturday at a book launch while Soludo spoke in Washington DC while speaking with some Nigerian journalists on the sidelines of the World Bank/IMF General Meetings.

According to Anyaoku, only the restructuring of the federation would ensure the rapid growth of the country, adding that Nigeria had under-performed because of its current 36-states structure, where all the states were dependent on the central government for survival,

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Anyaoku, who advocated the return of the country to regional governments, said: “I think the Nigeria we have, of 36 federating units now, is not working. The country continues to underperform because of the 36 states we have now. About 27 of the states cannot pay the salaries of their workers.”

For the former CBN governor, the present structure of the country was outdated and would not enhance its development.

Soludo, who identified the Federal Government as a major constraint to the states, said the present structure had outlived its usefulness.

He said:“The Federal Government in Nigeria is a major constraint to the states and that is why some of us believe that the current structure that we have is for a time we no longer live in.

“The current structure was designed to share and consume the oil rent, and I have argued that the structure that is designed for consumption cannot be efficient for production. So, we know that it will have its own ripple effects.”

By Timothy Enietan-Matthews…

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