L
LequteMan
Guest
Senator Ahmed Bola Tinubu has called for a watering down of the powers of the federal government. According to him, state governments need to do more in order for the country to develop and move forward.
“The fall in oil prices exposed this economic model for the life that it was. Now, we must fashion a new political economy. In due course, the current recession will end. This should come as a relief. In itself however, it is not a cause for celebration, far from it. The end of recession does not mean the beginning of prosperity.”
“Regarding electrical power we must move beyond limiting states to generate, transmit and distribute electricity to areas not covered by the national grid. Our problem is lack of power yet we preclude states from helping to resolve the chronic problem that stands at the very heart of economic development.
He said Nigeria needs to be restructured.
“It is not right to say states can generate power but cannot sell it where they want. Without yielding any contravening benefits, these policies suppresses the generation of needed power.”
He stated this at the 91st anniversary of Daily Times newspaper and the Times Heroes awards in Abuja on Tuesday.
He was represented by Governor Rauf Aregbesola of Osun State.
“The fall in oil prices exposed this economic model for the life that it was. Now, we must fashion a new political economy. In due course, the current recession will end. This should come as a relief. In itself however, it is not a cause for celebration, far from it. The end of recession does not mean the beginning of prosperity.”
“Regarding electrical power we must move beyond limiting states to generate, transmit and distribute electricity to areas not covered by the national grid. Our problem is lack of power yet we preclude states from helping to resolve the chronic problem that stands at the very heart of economic development.
He said Nigeria needs to be restructured.
“It is not right to say states can generate power but cannot sell it where they want. Without yielding any contravening benefits, these policies suppresses the generation of needed power.”
He stated this at the 91st anniversary of Daily Times newspaper and the Times Heroes awards in Abuja on Tuesday.
He was represented by Governor Rauf Aregbesola of Osun State.
