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The Moment for Vice President Osinbajo and Time for Fiscal Federalism

The Moment for Vice President Osinbajo and Time for Fiscal Federalism

I am tipping Vice President Osinbajo to win the APC presidential primaries. Practically, this race is really between him and Senator Bola Tinubu. If that happens, we will revert to the old formation – West, East and North with Osinbajo/Tinubu, Peter Obi, and Atiku respectively. Then, the outcome becomes predictable. Welcome 2027 contest as 2023 is yet unborn but already concluded, permutatively.

The good news in everything is that these 3 aspirants have committed to fiscal federalism if they win (sure, APC promised it but did not deliver). If we do have fiscal federalism, this agitation will fade.

Nigeria will be a country with many nations operating within it. In Europe, there are dozens of “countries” with some of them having a population less than 10 million people. But with the EU, they are all integrated. You can say the same for America.

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Nigeria under fiscal federalism will drive competitiveness and unlock our comparative advantages. Some of our states are bigger than countries in EU (hello Iceland with 400k people). People, when this primary phase has passed, everyone, from North to South, East to West, should push for fiscal federalism from them. If we do that, that is the best outcome for 2023. Under the same structure we have now, nothing will change, irrespective of who the president is. Nigeria is structurally deficient and when a DPC is not solid, any building on top of it will collapse. 

I wish all the contenders great campaigns and I hope they will deliver whatever they promise. Fiscal federalism – that is the 7-point agenda.

Comment on LinkedIn

Comment: Stick on tech

My Response: Everything in business/tech life is politics because the most important business is Political Economy. That shapes technology, business, etc. It is a fool who thinks there is day and night between tech and politics. Of course, it is not your fault, it is Nigeria’s misfit education for a professional to think that not getting involved in national policy is a smart move. 

If you do not want to be here, ban yourself. Here, policy is more important than tech because policy drives tech. And politics creates politics. You can print this and frame on your home door for remembrance. We do not need your myopic suggestion – Young People, be involved in politics and show energy on it. That is how great policies come.


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1 THOUGHT ON The Moment for Vice President Osinbajo and Time for Fiscal Federalism

  1. The list for top contenders has been submitted to Buhari, and the voting is scheduled to begin from 6pm (WAT), I expect most of the delegates to get a message few minutes before commencement; there won’t be room for further maneuvering by the time the message arrives…

    We will have three major contenders from north to south, and we expect to learn a lot in the months ahead. Choosing a credible leader in a country with so much miseducation and low information public is never easy, because the quality of democratic governance is proportional to the quality of the electorate making the choices.

    We will hear what each of them will be promising, and how they intend to accomplish same, it’s now left for those of us with the means to educate and inform to break the messages down for the general public, so that they will know those who are planning to aggravate an already bad situation.

    We are watching…

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