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Akeredolu recommends fiscal policy restructuring for Nigeria’s growth

By Idowu Abdullahi

Ondo State Governor, Rotimi Akeredolu, has urged the Federal Government to consider fiscal restructuring if the country must the place on path of accelerated growth and development commesiurate with 21st century reality, adding that it was important leaders across the country work in tandem with solution applicable to myriads of challenges bedevilling Nigeria.

He also advised the apex government to shed the excess weight unduly appropriated overtime on the sub-nationals so as to ensure that fairness, equity and justice are served.

Akeredolu, who said the excessive weight of the federal government was the major cause of friction in the country, stressed that the development was the reason for the politics of bitterness and why everyone wants the power at the centre.

The governor also said that the basic law of any country must not be reduced to frivolities reflecting preferred whimsies, adding that it must not be oppressive to the minorities.

“Its provisions must indeed give teeth to the primary purpose for which the government exists,” Akeredolu said on Wednesday while declaring open the Public Hearing of the Senate Committee on Constitution Review held at the International Culture and Event Centre (The DOME).

He charged the Senate to look into all agitations of people across the country with a view to improving economic power of average citizens. According to the governor, the best way possible is to allow each region flower in its areas of comparative advantage.

“The new law must view, critically, the current misnomer which sees the Federal Government appropriating humongous amounts for moribund agencies whose duties overlap with those of the states.

“The fiscal policy of the country must be restructured to encourage ingenuity and uncommon resourcefulness. The Federal Government should only coordinate and receive royalties. The current system is not sustainable. All of us are beginning to appreciate this fact,” he stressed.

The governor urged the leaders galvanising the review to cast aside partisanship which often serves the purpose of parochialism and selfish considerations.

He said: “This is the time for candour, that rare opportunity which gives vent to processed nuggets of introspection. This is the hour to accept that fundamental errors of judgement have been made and there is the need to correct same. This is the moment when brothers and sisters must look at themselves in the eyes, chastise in love and be ready to embrace, warmly, afterwards.

“The stage must not be set for an unending and needless blame game and acrimony. This is definitely not a contest in sophistry where orators say so much but, in the end, say nothing.

“Providence has ensured our presence on the World Map as Nigerians, a badge which evokes a mixed feeling of approbation and warmth, on one hand, and a general sense of revulsion for attitudes symptomatic of the current crisis of confidence in the country.

“Our ability to deliberate, dispassionately, on the issues which, ultimately, define us as a nation of peoples bound in the same destiny, will be far-reaching in our quest for abiding solutions to the perennial crises.”

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