Former Vice-President Atiku
Abubakar has asked Vice-President Yemi Osinbajo to stop “this continuous
prevarication, this approbation and reprobation” and stick to whether he is in
support of restructuring or not.
The two men have exchanged a
series of statements over their understanding of the concept of restructuring.
While Abubakar accused Osinbajo
of “lacking appreciation of the core tenets of the concept”, the vice-president
said Abubakar’s “concept of restructuring is understandably vague”.
In his latest response, Abubakar
said the vice-president’s description of his understanding of restructuring as
vague is “unfortunate”.
He said while Osinbajo could
change his stance on the call for restructuring, he should not “use one finger
to hide behind semantics”.
According to the former number
two citizen, “true progressives know that Nigeria needs to be restructured and
restructured soon”.
“My advice to the Vice President
is that he should choose whether he is for restructuring or whether he is
against it and stick to his choice. This continuous prevarication, this
approbation and reprobation, helps no one, least of all true progressives who
know that Nigeria needs to be restructured and restructured soon,” Abubakar
said.
“For the Vice President to say
“Alhaji Atiku’s concept of restructuring is understandably vague, because he
seeks to cover every aspect of human existence in that definition”, is most
unfortunate.
“I am hard pressed to see how
these clear and specific ideas can be described as ‘vague’. One would have
thought that if anything is vague, it would be the idea of ‘geographic
restructuring’ whose meaning is hanging in the air.”
Read the full statement below
My attention has been drawn to a
letter written in response to an essay on restructuring authored by me.
Faced with an avalanche of public
condemnation for his 360-degree turn on the concept of restructuring, it is
understandable that the Vice President, Professor Yemi Osinbajo, has written to
douse the tension his comments created. However, in doing so, the Vice
President should not attempt to revise history by saying that he spoke against
‘geographic restructuring’.
I have been in the forefront of the
discourse on restructuring since the 1995 Abacha Constitutional Conference and
to the best of my knowledge, there has not been any term like ‘geographic
restructuring’. It is a strange concept, not only because it is not what the
restructuring debate is all about, but also because the words of the Vice
President, which prompted my response were clear, unambiguous and unequivocal.
Mr. Osinbajo said, “the problem
with our country is not a matter of restructuring”. That I disagree with and so
do many other Nigerians. If the Vice President has changed his stance, I
welcome it, but we should not use one finger to hide behind semantics.
For the Vice President to say
“Alhaji Atiku’s concept of restructuring is understandably vague, because he
seeks to cover every aspect of human existence in that definition”, is most
unfortunate.
I have been very clear, detailed,
and unambiguous about my ideas for restructuring. At several occasions,
including, but not limited to my speeches at the Royal Institute of International
Affairs (Chatham House), and at the University of Nigeria, Nsukka (made in
April this year and July 2017,
respectively), I gave a very clear and concise ideas about administrative,
political and economic restructuring as follows:
·
Devolution of powers and resources to the states.
·
Matching grants from the federal government to the states to help them
grow their internally generated revenue position.
·
The privatisation of unviable federal Government-owned assets.
·
A truly free market economy driven by the laws of demand and supply.
·
Replacing state of origin with state of residence, and
·
Passing the PIGD so that our oil and gas sector will run as a business
with minimal governmental interference.
I am hard pressed to see how
these clear and specific ideas can be described as ‘vague’. One would have
thought that if anything is vague, it would be the idea of ‘geographic
restructuring’ whose meaning is hanging in the air.
Be that as it may, in his letter,
Vice President Osinbajo then jumps from the topic of restructuring and goes on
to say:
“Good governance involves, inter
alia, transparency and prudence in public finance. It involves social justice,
investing in the poor, and jobs for young people; which explains our School
Feeding Programme, providing a meal a day to over 9 million public school
children in 25 States as of today. Our NPower is now employing 500,000
graduates; our TraderMoni that will be giving microcredit to 2 million petty
traders; our Conditional Cash Transfers giving monthly grants to over 400,000
of the poorest in Nigeria. The plan is to cover a million households.”
While what Professor Osinbajo
says may be true or false, I must say that his dovetailing into the area of the
economy does not explain certain facts such as the fact that the Nigerian
Bureau of Statistics reported in December 2017 that Nigeria lost 7.9 million
jobs in the 21 month period under review.
If the Vice President cannot see
that losing 7.9 million jobs in 21 months while creating 500,000 jobs is a
deficit, then I do not know what to say to the honourable professor.
Professor Osinbajo also harps on
“prudence in public finance”, but he fails to show the wisdom in sharing out
$322 million of Abacha funds to the poor only to take a loan of $328 million
from the Chinese the very next month. Many Nigerians, myself included, see this
as imprudence.
Finally, while the Vice President
is not exactly correct when he says “In four years from 2010 to 2014 the PDP
government earned the highest oil revenues in Nigeria’s history,
USD381.9billion. By contrast the Buhari Administration has earned USD121
billion from May 2015 to June 2018”, let us for the sake of argument say that
he is right.
My response to Vice President Osinbajo
is that while I was Vice President of the Federal Republic of Nigeria in 2006,
Nigeria’s Economic Management Team, of which I was a prominent member, paid off
Nigeria’s entire foreign debt of $30 billion, at a time when we were earning
one third of what the Buhari administration is currently earning from oil. So
such arguments are puerile at best.
My advice to the Vice President
is that he should choose whether he is for restructuring or whether he is
against it and stick to his choice.
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