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Farounbi advocates fiscal federalism as panacea for leadership problems

By Moyosore Salami, Ibadan
21 April 2022   |   3:44 am
A former Nigerian Ambassador to the Philippines, Dr. Yemi Farounbi, has recommended fiscal federalism as solution to Nigeria’s structural and leadership challenges.

Yemi Farounbi

A former Nigerian Ambassador to the Philippines, Dr. Yemi Farounbi, has recommended fiscal federalism as solution to Nigeria’s structural and leadership challenges.

He gave the charge during the final tour of the six geo-political zones of the country, organised by The Nigeria Agenda (TNA), in Ibadan, Oyo State.

Farounbi noted that Nigeria had foundational, structural and leadership problems, which need to be resolved through fiscal federalism.

He said: “There are 33 minerals hidden in the soil of Nigeria. The country has the largest economy in Africa. The potentials are there for us to be rich, wealthy and prosperous.

“As at 1960, Nigeria was ahead of many countries and everyone looked at us as the epitome of democracy. What happened?

SIMILARLY, Chief Advocate for TNA, Niyi Akinsiju, stressed the need for Nigerians to adopt attitudinal change.

He insisted that Nigerians should become more objective in the way they choose the right leaders so that the country can grow, adding: “As a united country, thechoice of leadership should be guided by capacity, capabilities, good conduct and character of who we are going to invest in.”

ALSO, the Director-General National Prosperity Movement (NPM), Ahmed Sajoh, said that in running a leadership that will work for the country, Nigerians must be deliberate in their thinking.

According to him, the only way Nigerians can make the country better is by choosing good leaders.

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