The former Governor of Anambra state, Peter Obi has expressed optimism that restructuring will end insecurity in Nigeria.
Obi who stated this on Tuesday in Nsukka in a lecture titled “Restructuring, Security Challenges and Development during the 4th Adada public lecture organised by Association of Nsukka Professors (ANP) said restructuring will also boost the Nations Economy.
He said with restructuring governors of various states in the country would look inward to make their states productive and establish state, local and community police that would end criminality in their various states.
“it’s unfortunate that some governors believe in continue going to Abuja monthly to get Federal Government allocation from proceeds of oil but such have forgotten the price of oil in international market has depreciated and will continue to depreciate.”
“No developed country in the world depends on crude oil but they invest on their children , agriculture and encouraged small medium scale businesses by giving soft loans and other incentives to them.”
‘There is urgent need to restructure the country as failure to do it soonest may lead to total collapse of the economy”, he said.
According to Obi, some Nigerians should stop misleading others that restructuring was a deliberate plan to divide the country rather it should be seen as move to rescue the ailing economy and restore adequate security in the country.
He said restructuring would also ensure adequate funding of primary, secondary schools and higher institutions which would led to producing graduates that would be job creators instead of job seekers.
He said “We should invest in our children education which is greater than any price of crude oil in international market. Restructuring the country will bring out the cooperative advantage of every state and many of our natural resources that are lying waste will be fully harnessed, to boost state economy, ” he said.
The former governor said restructuring would also enable states to make robust investment in agriculture, achieve food security as well as create more employments in the country.
“In 1960s and 70s agriculture was the major foreign exchange earner for the country. In the north we have groundnut pyramid ,in the west we have cocoa and the east we have palm oil and Nigeria was among the best economies in the world.”
“Today Netherland as country used its exports from agricultural products and flowers to get billions of dollars foreign exchange to sustain its economy ” he said.
He thereby expressed appreciation to ANP for finding him worthy to deliver the lecture.
Obi urged professors and lecturers in the country to use their wealth of knowledge to convince Nigerians on the urgent need and importance of restructuring the country before it became late.
Also speaking, The Chairman of the occasion, Chinyeaka Ohaa said that the topic of the occasion could not have come at a better time as the country is presently witnessing serious security challenges.
“The topic of the lecture is not only apt but it offers the opportunity to speak directly on the problems of insecurity, weak economic base, fragile democracy, dependence on oil, corruption unemployment among others.
“I commend ANP for organizing this lecture and urge them to explore all the area of life necessary for the growth and development of the country ,”he said.
Also, Prof Charles Igwe, the Vice Chancellor of UNN thanked ANP for organising the public lecture that would proffer solution for some national problems.
He said “What ANP has done today is laudable, because as professors the society is looking up you all to provide ideas that would solve their problems.”
“I commend you all for for choosing UNN as venue for the occasion and for bringing Nigeria finest astute businessman and technocrat in the person of Obi as the guest lecturer,” he said.