Rotational presidency is NOT Nigeria’s solution since rotating inefficiency is not a solution. The growth key is building healthy intra-competition among states, and scaling productivity systems in communities. I support a revamped and restructured economic federalism so that the principle of comparative advantages will work in Nigeria. Until Nigeria does it, it will not advance!
Abia and Yobe states were created on the same day. Both states have been receiving the same Universal Basic Education funds per capita since 1991. After three decades, Abia has a literacy rate of close to 95% while Yobe is below 15% (NBS data).
It is only in Nigeria that such is possible. My point is this: the current economic architecture makes no sense and has to be upgraded!
There needs to be incentives for governors to live and govern in their states instead of camping at Abuja counting monthly allocations. Our Vice President promised this during the 2015 campaign. I hope he can get Mr. President to build a foundation for future Nigeria by fixing this paralysis through federalism. Aba is dying because money is coming from Abuja. Osogbo, the same. Jos, the same. Pick your city!
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