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Fiscal Federalism True Solution to Nigeria’s Problems -Attah

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Victor Attah
  • Fiscal Federalism True Solution to Nigeria’s Problems

A former Governor of Akwa Ibom, Chief Victor Attah, says the practice of fiscal federalism is the panacea to the myriad of problems plaguing Nigeria.

Attah told newsmen in Uyo that if the government accepted fiscal federalism, most of Nigeria’s problems would be solved.

He said, “If the government just accepts the principle of fiscal federalism, the states should control what they have and pay certain percentages to the centre.

“Believe me, I can say categorically that at least 90 per cent if not 100 percent of issues confronting Nigeria today will be solved.’’

According to him, if fiscal federalism is practised, the demand for separation and talk of the disintegration of the country will stop and the country will develop drastically.

He said, “You cannot tell a governor to diversify. What do you mean by diversify? A governor knows that whether or not he diversifies, at the end of the month he collects money from Federal Allocation.

“If a governor knows that he will have no money to run the state because he has not developed agriculture, he will certainly diversify into agriculture and same with solid minerals and others.’’

Attah explained that fiscal federalism, when practised, would make the 36 states of the federation to be viable.

He said, “People say that 36 states are not viable; I say no; it is not true; the 36 states are eminently viable if we just cut our coat according to our cloth and if we accept the fact that the states were created purely on the basis of viability.’’

He noted that the practice of fiscal federalism would not disintegrate the country, urging stakeholders and governors to adhere to true democratic principles in order to save the country.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

Government

Obaseki Wins Edo State With a Landslide Victory

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Governor Godwin Obaseki has now won the remaining Local Government, Ovia South-West Local Government.

Here is a break down of Ovia South-West’s final result. APC recorded 10, 636 votes while PDP amassed 12, 659.

Total valid votes stood at 23,741 with 743 votes rejected and 24,484 votes cast.

Overall, Obaseki won a total of 13 local governments out of 18, while Ize-Iyamu wins 5. See the details below.

Local Government APC  PDP 
Igueben  5,199  7,870 
Esan North-East  6,556  13,579 
Esan Central  6,719  10,794 
Ikpoba-Okha  18,218  41,030 
Uhunmwonde  5,972  10,022 
Egor  10,202  27,621 
Owan East  19,295  14,762 
Owan West  11,193  11,485 
Esan South East  9,237  10,565 
Ovia North-West  9,907  16,987 
Etsako West  26,140  17,959 
Ovia South-West 10,636 12,659
Oredo  18,365  43,498 
Esan West  7,189  17,434 
 Akoko Edo 22,963 20,101
 Etsako East 17,011 10,668
 Etsako Central  8,359 7,478
Orhionmwon 10,458 13,445

 

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Government

Obaseki Beats Ize-Iyamu in His Local Government to Extend Lead

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Godwin Obaseki Wins Ize-Iyamu Local Government to Extend Lead

Governor Godwin Obaseki has won Orhionmwon Local Government Area to extend his lead over Pastor Osagie Ize-Iyamu of the All Progressives Congress.

Pastor Ize-Iyamu, who hails from Orhionmwon, won his polling unit but failed to win the entire council area as Obaseki wins again.

Orhionmwon was one of the two remaining local governments. Therefore, it now remains one local government area, Ovia South-West, with Obaseki cruising to victory following 17 LG counts.

Obaseki now has 295,296 votes while Ize-Iyamu has 212,983.

Obaseki is no expected to win Saturday’s governorship election after amassing massive votes across each of the 17 local governments counted.

The remaining local government, Ovia South-West has 73,909 voters, below the over 80,000 lead of Godwin Obaseki.

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Government

Obaseki, PDP Members Celebrate Potential Win in Situation Room

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Obaseki

Obaseki Celebrates With Other PDP Members in Situation Room

Following the strong positive support received from Edo people as shown by almost 90,000 vote gap received over Osagie Ize-Iyamu after 16 local government counts, the executive governor of Edo State, Gowin Obaseki, and the Peoples Democratic Party (PDP) members have started celebrating a potential win ahead of the two remaining local government results.

According to the results of the 16 local governments released by the Independent National Electoral Commission (INEC), Obaseki received 288,572 votes while the candidate of the All Progressives Congress, Pastor Osagie Ize-Iyamu, received 202,525 votes.

With just two local governments left to go, it is safe to say Obaseki has won this particular election again.

Pastor Osagie Ize-Iyamu contested against Governor Obaseki four years ago under the Peoples Democratic Party when Obaseki was the gubernatorial candidate of All Progressives Congress before he fell out with his godfather, Adams Oshiomhole.

If wins, Obaseki will be the first gubernatorial candidate to win two elections under the two major parties within four years and vice versa for Ize-Iyamu.

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