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Restructuring Only Solution To Nigeria’s Present Predicament- Adesina

The President, Africa Development Bank, group, Dr. Akinwumi Adesina has advocated economic and financial autonomy for state governments in Nigeria.
This according to him, will assist the states to unlock their huge resources, expand wealth for their people to fastback growth and development.
Adesina stated this while delivering a public lecture to mark the 2nd inauguration ceremony of governor Oluwarotimi Akeredolu of Ondo state.
The theme is Towards a new Nigeria; From Federal Fatherism to a Commonwealth
He delivered the lecture virtually from Abidjan,Côte d’Ivoire.
Restructuring according to him should not be driven by political expediency, but by economic and financial viability. Economic and financial viability are the necessary and sufficient conditions for political viability.
Adesina, said that Nigeria can not develop unless states are given free hands to manage their God-given resources.
He noted that ” time has come for the state to be given free hand to operate and which means restructuring must be given a priority.
“We have poverty in the land today because resources are wasting and left untapped just because, states are powerless and handicap to make proper use of their resources.”

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