While some people from the old eastern states, comprising of the South East and the South South are clamoring for the sovereign state of Biafra, Political elites in the country have projected restructuring which is encompassed in ‘True Fiscal Federalism’ as the solution to Nigeria’s problem not necessarily secession.
The Deputy President of the Senate, Senator Ike Ekweremadu, said on Tuesday that Nigeria must embrace restructuring as the surest solutions to its current economic challenges.
He argued that to succeed, the country must abandon its “feeding bottle federalism “ for true fiscal federalism.
The deputy Senate President also disagreed with the views expressed in certain quarters that all the country needed was good governance and not restructuring.
Ekweremadu added, “I disagree with those who say that Nigeria does not necessarily need restructuring, but good governance that will eliminate corruption.