Mr Peter Obi, a former Vice Presidential Candidate of the Peoples Democratic Party in 2019, has disclosed that restructuring will boost the nation’s economy and end insecurity.
Obi said this on Tuesday at the fourth Adada Public Lecture organised by the Association of Nsukka Professors (ANP) at the University of Nigeria, Nsukka (UNN).
He said with restructuring, governors would look inward to make their states productive, while state, local, and community police would be set up to tackle criminality within their areas.
“It is unfortunate that some governors believe in going to Abuja monthly to get federal allocation from proceeds of oil. They have forgotten the price of oil in the international market has depreciated and will continue to depreciate.
“No developed country in the world depends on crude oil but they invest in their children, agriculture and encourage small and medium enterprises by giving out soft loans and other incentives.
“There is urgent need to restructure the country for the economy to grow to the desired level,” said Obi, a former governor of Anambra.
According to him, some Nigerians should stop misleading others that restructuring is a deliberate plan to divide the country.
“Rather, it should be seen as a move to build the ailing economy and restore adequate security in the country,” he said.
By Mayowa Oladeji…
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
INVESTIGATION: Inside UNILAG’s multi-million naira budgetary abuse and academic discord
The University of Lagos located in Nigeria’s commercial capital, Lagos, has been embroiled in controversies with allegations bothering on misappropriation of...
SPECIAL REPORT: Displaced residents of Zamfara battle hunger, as underfunding derails Nigeria’s nutrition goals
On paper, Muhammad Zayyanu is seven years old. The quiet boy who looks shorter for his age could not recollect...
INVESTIGATION: N7.3bn paid for unnamed projects; how Nigerian govt spent N2.2trn in six months
Analysing nearly 3,000 payments made by various Federal Government Ministries, Departments and Agencies (MDAs) over the previous six months (January...
INVESTIGATION… Delay rocks Nigerian govt’s promise of N30,000 covid-19 relief for artisans, others
Before the outbreak of the COVID-19 pandemic in February, 2020, Chukwudi Okoroigwe’s daily earnings as a bus driver was hardly enough to cater to the...
INVESTIGATION… Ten years after, communities count losses as AfDB, Cross River govt abandon road project
Ten years after the Cross River State government and African Development Bank (AFDB) jointly awarded the Yahe-Wanokom-Wanikade-Benue border road for...