In case you are lost,Wikipedia Defines Restructuring like this:
Restructuring is the corporate management term for the act of reorganizing the legal, ownership, operational, or other structures of a company for the purpose of making it more profitable, or better organized for its present needs. Other reasons for restructuring include a change of ownership or ownership structure, demerger, or a response to a crisis or major change in the business such as bankruptcy, repositioning, or buyout. Restructuring may also be described as corporate restructuring, debt restructuring and financial restructuring.
•Nigerians react to the call for the restructuring of the country
- Chris Otaigbe
I support the call for restructuring. But that may not augur well for the country now because of the current crop of looters. We should first clear the table of the criminals in power, after which we can start on a clean slate. There is no way one will talk about restructuring Nigeria without the current criminals in the political space playing prominent roles in both the process and end product. The Brexit is what has given the treasury looters and democracy racketeers a new idea on Nigeria.
Also, Prof. Wole Soyinka gave those in power the shot in the arm when he said the sovereignty of Nigeria was negotiable. The professor is correct, but with the current crooks still relevant, he might have said a right thing at the wrong time.
- Nat Evuarherhe
I agree that the current Nigerian federalism should be restructured.
Key to the process are: the restructuring of the present federal system of government that is too expensive and caters more for the welfare of people voted into power than those who voted them; to ensure accountability to prevent governors and others from converting state funds for their personal use. Also, a referendum is required to enable the people to amend the constitution to reflect their desires.
- Jalarth Opara
Restructuring of the federal system appears to me the most laudable and plausible option to pull the country out of the current economic mess. States should be given autonomy to manage their resources and security apparatus. After this, we could make political appointments less attractive. This will improve on service delivery, as those who have nothing to offer will be compelled to stay away from political offices.
- Gbenga Adimula
What is federalism? In my opinion, it is a loose arrangement of federating units to form a nation. Each federating unit has full control over its resources, including human capital and only contributes to the centre. The head of government is ceremonial and only takes charge of external affairs and defence. But as currently structured, Nigeria does not fit into the fundamental principle of federalism. So, it needs to be restructured.
- Kazeem Badrudeen
When we talk about restructuring, we should not forget that past experience. If we didn’t learn anything from the Nigerian Civil War, can’t we see the situation in South Sudan?
- Ozo Chukwuka
In Nigeria, it is time to bring a change in political administration. This era calls for transparency and creativity. This will provide valuable solutions to the endless challenges being faced by the nation.
It is not proper for one government to wield power. It is not good for one President to determine what is obtained at the local government level. I believe states and local governments should be given full autonomy.
The idea of relying on the Federal Government’s revenue to cater to the needs of the local governments has made us a consumer-oriented nation rather than a productive one. That is why politicians are busy stealing from the coffers of government and taking bribes.
If the Buhari administration can restructure the country, we will be amazed at the level of development that would take place at the grass roots level. States will have no option but to be prudent and innovative. The results of true federalism will be seen by everyone.
The Federal Government cannot dictate the destiny of over 170 million people. Let Nigerians be given the system of government they truly deserve. The world has moved away from this pattern of rigid politicking. This is the time to institute the desired change.
- Ola Sunshine
It is crystal clear that the current federalism has outlived its usefulness and, thus, cannot deliver results and help the country to achieve its dreams.
- Idowu Olaniyi
To be realistic, the only solution to our problem in this country is to return to regional government. It was a reflection of the true federalism that was envisioned by true patriots of Nigeria. True federalism is what I support. It is expedient that we return to regional government first after which other things could follow.
- Daniel Ade
I am a strong advocate of federalism. Unfortunately, what we have is not true federalism. It is simply ‘all-caps-in-hand system’ where the so-called federating units wait for ‘Abuja call’ before they can do anything. Federalism connotes power and resource distribution, not centralisation. The call for the restructuring of the federal system is long overdue and it is better we fix it now.
Take a look at the economy. Due to the mono economic structure, the federating units have become lazy; no one is thinking outside the box. This is not a true mark of an ideal federalism. We need to save our nation and stem the tide of ethnic sentiment and marginalisation. Nigeria’s federalism needs a quick fix.
- Matiyas Maiduku
This is how Nigerian federalism should work. There should be two tiers of government: federal and state government. Each of them should have a separate constitution. The federal constitution should create not more than twelve states. The federal constitution should limit the Federal Government responsibilities to only national defence, finance, foreign policy and immigration.
- Kelechi Amakoh
I think Nigeria needs to be restructured. I subscribe to the restructuring idea, taking into consideration the current challenges facing the nation. The practice where the government at the centre is extremely powerful at the expense of state governments and moribund local governments is no longer attractive. Whatever needs to be done to ensure even development must be seriously considered. After restructuring, Nigeria will be great again.
- Akpan Nseyo
I am an advocate of true and fiscal federalism and the implementation of the 2014 National Conference report. Many states cannot pay their workers without going to Abuja for their allocations. So, we need urgent restructuring. It is becoming clearer that the so-called Biafra is no longer an Igbo agenda.
- Sheriff Adeosun
In my opinion, we need to understand exactly what we want. We should stop fooling ourselves with different concepts and ideas that are not realistic. If we really want true federalism, the first step is for each state or region to identify their strengths and begin to work at developing and attracting investment to those areas. We can’t talk of true federalism when close to 20 state governors do not know how they could raise money to pay their workers’ salaries. True federalism is a good idea but not practicable at this time.
Geoff Iyatse and Toluwani Eniola