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How Restructuring Can Help Nigeria – Emir Sanusi

How Restructuring Can Help Nigeria – Emir Sanusi

Emir of Kano Malam Muhammad Sanusi II says restructuring would help the country to reduce the size of government and build a better economy.

He emphasised need for immediate dialogue on the clamoured restructuring of the country, saying “we cannot continue to live in denial of the need for restructuring.”How Restructuring Can Help Nigeria - Emir Sanusi

The emir spoke at the Union Bank of Nigeria Plc centenary celebration tagged, ‘The Next 100: A Call to Action. ‘,spoke on No peace, No Prosperity

Punch reports that the Emir said the current constitution which states the country must have governors and deputies in all the 36 states, president and vice president, ministers from every state, over 109 senators and over 360 House of representatives, 774 local chairmen are not sustainable.

According to Muhammad 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.

He 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.

Posted by on October 26, 2017.

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