Out of Nigeria’s 108,000km of surfaced roads the FG has just 32,000km or 18%. 82% belongs to states and LGs. If the FG fixes the 32,000km / 18% Nigeria will still have terrible roads.
Out of the over 2000 government hospitals in Nigeria, the FG has just less than 75.
We can go on and a do the same analysis for the educational sector. How many schools belong to the FG? True development will come at the state and local govt level.
No country develops from the centre. It's done at state or provincial level.
How do we surmount the problem of road infrastructure and healthcare? The FG cannot do it! The state government must find a means of fixing the infrastructural, healthcare and educational gap. I wrote a thread on trusts and private sector involvement in infrastructure, health
and education. We will continue to wail if we don't realise where our problems lie.
Give my business tax breaks at the state level and I will renovate and equip schools or healthcare facilities. Go into PPP arrangements if raising or expanding the tax net remains a problem.
The electorate must focus on the grassroot. The FG at the centre will not solve more than 10% of our daily challenges.
Local transportation
Healthcare
Education
Roads
Drainage
Waste management
Food production
Markets
Ease of doing business
Community policing
Land acquisition
Municipal water supply
Traffic management
Other policies that can make life better can be managed better at state level.
If Christ becomes the president today, our situation will not change in a drastic manner.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
Tinubu created the Ministry of Housing in 1999 and separated it from the Ministry of Works. A policy move to strengthen public housing and PPP
Tinubu constructed:
1059 Units of 2Bedroom bungalows of low income housing Units at Abraham Adesanya commissioned in the year 2000
160 Units of 2-bedroom bungalows at Ibeshe low-income housing scheme. ( allocated and commissioned, May 2005) 4) 114 Duplexes, high-income units at Oba Adeyinka Oyekan 11 Estate Lekki. Completed and commissioned, Sep. 2003
163 Units of 2-bedroom low-income housing at Ayangburen Phase 11, Ikorodu. Commissioned, 28th of June, 2001
20 Units of Town Houses and 32 Units 8 of 3 bedroom flats at Gbagada Medium Housing Scheme 1
In a discussion with Asiwaju and he kept asking about the benefits associated with having the NIN ( National Identity Number ). Asiwaju believes that the number should come with some social benefits. Access to credit / loans , health insurance, income status.
He said the economic benefits of having the NIN will be emphasized to speed up enrollment. Asiwaju wants the credit system to work and he is working with a crack team on this. This is directly from the horse's mouth. He believes that Nigeria should move to a credit based economy
He believes that corruption can't be eliminated if citizens pay cash for every need. He believes he can double the GDP contributions of finance, manufacturing, and housing sector with the availability of credit. He said that our automobile industry can't grow without credit.
During the @ABATMediaCentre space discussion with HE @OfficialGYBKogi, I reiterated the revenue challenges in Nigeria at national and sub-national levels. Only two states in Nigeria have annual budgets above N500bn. A lot of these states can't finance their budgets without debts.
I also made it known that the era of pocket money from Abuja is gradually coming to an end. The revenue-sharing formula must be changed and resource control is a catalyst for development. Kogi is sitting on oil, iron ore, coal, limestone and marble deposits.
Two major rivers, abundant potential for farming and irrigation, untapped tourism and human potentials. The FG needs to shed the huge load it has placed on itself by virtue of a warped Constitution. Nigeria will develop if subnational entities challenge the status quo.
The expected oil receipt of the FG at N1.92 trn in 2023, benchmarked at $70. If oil prices drop to about $35 and we may not make 1.6m BPD, we will struggle to make 1.5trn. The entire FG oil revenue is not enough to finance Lagos state budget.
Lagos state's budget with 20m people is above N 1.3 trn. At this point it's better to give the oil to the Niger Delta. Let the FG and FIRS collect taxes of 50% on oil and save itself the stress and cost of running the oil agencies.
The FG is now bankrupt. It has grown its expenditures way above it's revenues. 50% of the civil servants in Abuja should return to their states and LG. Grant the states resource control and review the revenue sharing formula. Focus on the military, immigration / border control.
Nigeria is pushing for universal health coverage through health insurance and at the same time, trying to keep a blanket healthcare subsidy at the point of use, especially in public healthcare facilities. There is a conflict here.
The only form of subsidy should be a safety net for the poor and cross subsidization through health insurance. The public and the private healthcare institutions should adjust to market realities and allow insurers manage the risk.
Our policies are always targeted at depressing prices. This will only lead to reduced investment in the sector and total collapse. Our university system and the power sector are typical examples.