Obaseki Calls For Federal-State Economic Renegotiation Amidst Growing Weakness

November 7, 2023
Obaseki Pledges $35,000 To Fund Edo State Film Festival

Governor Godwin Obaseki of Edo State has said that the Federal Government’s diminishing strength in the face of economic challenges necessitates a renegotiation with states to find sustainable solutions.

Speaking directly to a group of newly employed first-class graduates, and young professionals, the governor articulated the prevailing issues with the current central government’s capabilities and responsibilities, stating, “The central government is becoming weaker as it doesn’t have the resources to undertake the responsibility it ought to take according to the constitution, and this will lead to a renegotiation. The system is not sustainable, but yet I don’t see Nigeria disintegrating.”

Join our WhatsApp Channel

Obaseki went on to reinstate the importance of engaging young minds in addressing the nation’s challenges and aligning Nigeria with global development. He pointed out Edo State’s strides in areas such as paperless governance and robust infrastructure, setting the stage for progress.

READ ALSO: Obaseki Pledges $35,000 To Fund Edo State International Film Festival

“It’s a new world for you, young minds, and running away from Nigeria will not solve the problem,” The Governor declared, challenging the graduates to stay and be part of the solution.

He maintained that the reasons driving people away from the country could be addressed through their efforts and leadership, provided they are prepared and empowered to make a difference.

In a time when the nation faces economic trials, Obaseki’s call for a redefined partnership between the federal and state governments presents a fresh perspective on the path to Nigeria’s progress and sustainable development.

Emmanuel Ochayi

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

NCC Canvasses Strong ICT Measures To Curb Financial Crimes
Previous Story

NCC Canvasses Strong ICT Measures To Curb Financial Crimes

Communication Experts Call For National Policy On AI Use Fact-checking To Curb Misinformation
Next Story

AI Will Benefit Africa Above Other Continents, Smart Africa Boss Explains How

Featured Stories

Latest from Business

FCCPC Clarifies One-Month Moratorium On Exploitative Pricing Amid Economic Challenges

FCCPC Flags Possible Airline Price-Fixing During 2025 Christmas Season

Nigeria’s consumer protection agency has uncovered evidence suggesting some domestic airlines may have engaged in price fixing during the 2025 Christmas travel rush. In an interim report released Thursday, the Federal Competition and Consumer Protection Commission (FCCPC) said ticket fares during December
Valuation Of Nigerian Stock Market Drops By Over N514bn

Valuation Of Nigerian Stock Market Drops By Over N514bn

On Thursday, February 26, over N514.99 billion was wiped off the market capitalisation of the Nigerian Exchange (NGX), also known as the stock market. The market capitalisation fell to N124.23 trillion, from the N124.75 trillion recorded on Wednesday, February 25.Join our WhatsApp
NCC Canvasses Strong ICT Measures To Curb Financial Crimes
Previous Story

NCC Canvasses Strong ICT Measures To Curb Financial Crimes

Communication Experts Call For National Policy On AI Use Fact-checking To Curb Misinformation
Next Story

AI Will Benefit Africa Above Other Continents, Smart Africa Boss Explains How

Don't Miss

Imo State Governor, Hope Uzodinma

Uzodinma Shuts Access, First Banks For Observing Sit-At-Home Order

Imo state Government has shut down Access and First Banks

Guardiola Bemoans Players’ Performance, Boos From Supporters Against Tottenham 

Manchester City manager, Pep Guardiola, was left frustrated by the