Nigeria Needs Economic Restructuring- Falana

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FALANA

Nigeria Needs Economic Restructuring- Falana

Human Rights lawyer, Mr. Femi Falana (SAN), has said that the ongoing debate about restructuring in Nigeria was centered on devolution of powers without responsibilities and quest to satisfy ethnic groups.

He said that the bottom-line of restructuring, which the agitators had failed to address, was the restructuring of the country’s economy, which according to him, is key to finding solution to the myriads of problems facing the nation.

The legal luminary spoke on the topic ‘The Nation Nigeria: Restructuring, Secession or Status Quo? – The Way Forward’ at the Obafemi Adewale Colloquium and Law Dinner organised by the Young Lawyers Forum of Nigeria Bar Association (NBA), Ado Ekiti Branch to mark Adewale’s 60th birthday at the weekend in Ado Ekiti.

Falana pointed out that what Nigeria needs is total economic restructuring, even as he charged lawyers to fight for the redemption of the country.

He said, “For us as lawyers, we must save our society. If we are going to join the struggle for restructuring, we should not join as politicians seeking transfer of power to the regions. Let it be for reduction of power at the centre, transfer of power to the states.

“Let us seek reduction of cost of governance. Let us seek right to education. Let us seek right to equitable distribution of wealth. Let us seek the need to fight the lopsided appointments in the country. Let us talk about economic restructuring.

“The bottom line of restructuring is economy. Majority of our people are poor and they are battling with survival.  If you want more powers from Abuja, it is not relevant to them.

Restructuring that has to do with job-creation for the youths. The resources of this country are enormous to accommodate the demands of the youths, women have to be factored into restructuring, the unemployed people, the masses, the peasant farmers, the workers. Nobody is talking about them.

“The economy of this country must be restructured. Restructuring is not about satisfying ethnic groups, it is about addressing the national question. When we address the national question, we are trying to find out who gets what and how. We have almost the worst

income disparity in the world, where a few people are dangerously rich while a vast majority are wallowing in poverty. It cannot continue,” Falana said.

He advised that the country’s marginal oil fields should be shared with a view to redistribute wealth instead of being sold, querying, “Why are we selling the oil fields to individuals when the states are suffering? Why don’t we sell or lease them to the states so that they can make money to run the business of governance?”

Falana, who said the fight against corruption was only at the surface level, charged the Federal Government to take a serious look at cases of corruption through putting in place, necessary framework and addressing basic necessities cum social security that will discourage graft.