0
Sponsored Links

Emir of Kano and a former Governor of Central Bank of Nigeria, Lamido Sanusi, on Wednesday said there was a need for immediate dialogue on the clamoured restructuring of the country, saying “we All need to support the president in restructuring the country, Because we cannot continue to live in denial of the need for restructuring.”
According to Lamido Sanusi, A situation where between 80 and 90 per cent of the country’s revenue is used for the payment of salaries at the expense of education and healthcare delivery needed to build a better and competitive economy for millions of Nigeria, does not augur well for the nation.
The former CBN governor said issues of devolution of power and allocation of resources would bring development to the grassroots, adding that it would address the reasons why poverty rate in Lagos was eight per cent, while other states such as Zamfara, Kano and Yobe were 91, 77, 90 per cent, respectively.
Further more, Lamido Sanusi at the Union Bank of Nigeria Plc centenary celebration tagged, ‘The Next 100: A Call to Action. ‘

Sanusi, who spoke on, ‘’No peace, no prosperity,’’ said restructuring would help the country to reduce the size of government and build a better economy.
He said, “We have a constitution that says you must have a governor, deputy governor and state House of Assembly in each of the 36 states. You have a president, vice-president and a minister from each of the 36 states. You have 109 senators and over 300 members of the House of Representatives. You have 774 local government chairmen; in each LG, you have 10 councillors and the speaker. A retinue of special advisers and assistants and you are surprised that we cannot pay salaries. And really, we are surprised that we are spending 80 to 90 per cent of our revenue on public servants.”
He added, “So, if we want to have conversation on restructuring, let us have the conversation. How do we reduce the cost of governance without amending this structure? Do we need 30 or 40 legislators in every state? Do we need over 500 legislators in Abuja?  Must we have 36 ministers or more?  This is for the conversation. We don’t have education and our health sector is suffering.  We have seen the numbers of infant, maternal mortality.
“Yet the states and local governments who are supposed to provide education and healthcare do not have the lion’s share of the revenue. Let us start the conversation. It will be an intelligent dialogue. Let us talk about what we want for Nigeria. At the end of the day, devolution is not about ethnicity or religion; devolution or revenue allocation formula is all about bringing development to the grassroots.
In his remark, The Managing Director, Union Bank, Mr. Emeka Emuwa, said focusing on education and women empowerment would help the country to achieve prosperity and peace.
He called on economic stakeholders to key into the bank’s vision on the next N100bn funds to support the Sustainable Development Goals.

Follow Us on Twitter!

Like Us on Facebook!

Do You Need a Sugar Mummy, Sugar Daddy, Girlfriend, Boyfriend Wife or Husband? If Yes, Then Click Here For Details

BREAKING: ‘Rest In Peace’ My Beloved President – Top APC Governor Breaks Down In Tears
BREAKING: ‘Rest In Peace’ My Beloved President – Top APC Governor Breaks Down In Tears
BREAKING NEWS: Pastor Taribo West Is Dead? See Exactly What Happened
BREAKING NEWS: Pastor Taribo West Is Dead? See Exactly What Happened
Download Video: End Time Signs! Roman Catholic Priest & Sister Caught Having Se_x, Both Commit Suicide
Download Video: End Time Signs! Roman Catholic Priest & Sister Caught Having Se_x, Both Commit Suicide
Download Video: PLS If You Don’t Really Have A Strong Heart Don’t Watch This 3mins Brutal R aPe V!De0 Going Viral Now
Download Video: PLS If You Don’t Really Have A Strong Heart Don’t Watch This 3mins Brutal R aPe V!De0 Going Viral Now
Download Video: OMG!! Unbeliever Upl0ads This 15mins Vide0, No Catholic Would Wanna See – Pls Watch Al0ne
Download Video: OMG!! Unbeliever Upl0ads This 15mins Vide0, No Catholic Would Wanna See – Pls Watch Al0ne
Download Video: This Is Total Madness!!! See How Couples Allow People To F!Lm Them While They Nacck In Public!!
Download Video: This Is Total Madness!!! See How Couples Allow People To F!Lm Them While They Nacck In Public!!

Post a Comment

 
Top