Below is the kite being flown by the Federal Government on Restructuring

Nigerian Economic Restructuring Bill 2021

[1] Nigeria will be made up of 42 states, with seven per each of her constituent geo-political zone. These shall be:

South-south
[1] Bayelsa State - Yenagoa
[2] Western Ijaw State - Patani
[3] Rivers State - Port Harcourt
[4] Cross River State - Calabar
[5] Akwa Ibom State - Uyo
[6] Edo State - Benin
[7] Delta State - Warri

Northeast
[1] Mambilla State - Gashaka
[2] Taraba State - Jalingo
[3] Adamawa State - Yola
[4] Borno State - Maiduguri
[5] Yobe State - Damaturu
[6] Bauchi State - Bauchi
[7] Gombe State - Gombe

Southeast
[1] Anioma State - Asaba
[2] Orashi State - Omoku
[3] Anambra State - Awka
[4] Imo State - Owerri
[5] Enugu State - Enugu
[6] Abia State - Umuahia
[7] Ebonyi State - Abakaliki

North-Central
[1] Abuja State - FCT
[2] Gurara State - Kafanchan
[3] Benue State - Makurdi
[4] Plateau State - Jos
[5] Nasarawa State - Lafia
[6] Kogi State - Lokoja
[7] Niger State - Minna

Southwest
[1] Kwara State - Ilorin
[2] Oyo State - Ibadan
[3] Ogun State - Abeokuta
[4] Lagos State - Ikeja
[5] Ondo - Akure
[6] Ekiti - Ado-Ekiti
[7] Osun - Oshogbo

Northwest
[1] Sokoto State - Sokoto
[2] Kebbi State - Birnin Kebbi
[3] Kaduna State - Kaduna
[4] Katsina State - Katsina
[5] Kano State - Kano
[6] Jigawa State - Dutse
[7] Zamfara State - Gusua

[2] Each state will be responsible for creating and funding its local governments as it deems fit. Local governments will be funded internally by the charging of a local tax, which will be augmented by a state grant representing no more than 10% of TV
[3] Over a 35 year period, we gradually migrate back to the 1957/58 revenue sharing formula agreed by our founding fathers at the Lancaster House Conferences in London under which the federating units will control all the resources within their domains and remit 50% to the centre

[4] Our federating units will keep 50% of all the revenue that they generate, put a further 20% into a central pot called the Excess Federation Account to which everyone can have access as the need arises, 10% will go into a geo-political zone account and the remaining 20% will go to into the Federation Account used to run the federal government

[5] With regards to all other resources, we shall move towards this immediately but in the case of oil and gas, the move will have to be gradual due to how dependent we have become on these two resources. A gradual migration shall take place over the next 35 years in this manner: 2000 - 13%, 2021 - 18%, 2023 - 20%, 2025 - 25%, 2030 - 30%, 2035 - 35%, 2040 - 40%, 2045 - 45%, 2050 - 50%

[6] Every one of our 42 states will be set a target of generating at least $2bn in export revenue. Any state government that attracts inward investment to the tune of $1bn, will get a corresponding grant from the federal government

[7] Any state that fails to generate as much revenue as it spends for two consecutive years as from 2020, will be subject to an immediate declaration of a state of emergency. It shall be administered centrally by the federal government until its books are balanced

[8] Every state must seek to generate at least 30% of its internal revenue from manufacturing and services, with a migration away from primary products to value added production

[9] Every state is free to create more local governments provided they meet the necessary criteria which includes holding a referendum and the fact that the local government area is self-sustaining. To be recognised as a local government area, basic facilities that must exist within the domain include 20 primary schools, five secondary schools, a local government headquarters, at least one vocational training college and at least one public health centre

[10] All local and state governments will as a matter of course award supply contracts to companies that manufacture products within Nigeria. Only as a last resort will companies that manufacture products abroad be granted government contracts.

Newton2024:


[5] With regards to all other resources, we shall move towards this immediately but in the case of oil and gas, the move will have to be gradual due to how dependent we have become on these two resources. A gradual migration shall take place over the next 35 years in this manner: 2000 - 13%, 2021 - 18%, 2023 - 20%, 2025 - 25%, 2030 - 30%, 2035 - 35%, 2040 - 40%, 2045 - 45%, 2050 - 50%

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These alone don rubbish the list as fake

Good


Things are changing face gradually in Nigeria

Ok

The parasitic northerners and their politicians will never agree to this.

Newton2024:

[2] Each state will be responsible for creating and funding its local governments as it deems fit. Local governments will be funded internally by the charging of a local tax, which will be augmented by a state grant representing no more than 10% of TV.

This I don't like unless schools are funded by the state.

I t would place responsibility on the local community though, which will profit states that are education minded, but I'd expect no free education as people would need to pay if tax don't cover the cost

Who go de give allocation to 42 states? De play. They can reorganize to regions and each area in the region de OYO, while contributing to mutual federal services equally. So if they like, they can split their allocation 20ways.

Hahah who is dreaming this kind thing. Is it in this world or another world it will happen.

Let various States control their resources. More private firms should be encourage to rival the current DISCOS and watch out some States become Dubai

Kooldon:
Let various States control their resources. More private firms should be encourage to rival the current DISCOS and watch out some States become Dubai

Lack of resources is not our problem but resource management. Some states in Nigeria are richer than some African countries.

The issue of political parties selecting delegate to presidential primary election by local government should be stop.

The issue of federal government conducting recruitment into federal parastatals using local government quota system should also be stop.

These has been some of the ways North used to cheat and dorminate the South

SUPPORTED.

T8ksy:




So, what the heck? Anyway, its too late for all that shenanigan, just break the flippin' sleeping giant -nay- mouse of Africa up.

Let everyone returns to his father's land. We were never one Nigeria and extantly, we are too polarised to even attempt to utter the words , "one Nigeria".

Nigeria is never gonna be One, so why not return it to factory settings where everyone was managing his region as best as they could.

T8sky, o gbasky. Let the liars keep deceiving themselves.

Looks and sounds nice.

THIS IS ANTI-NORTH, ANYTHING THAT WILL BRING JUSTICE AND PROGRESS IN NIGERIA MUST BE ANTI-NORTH

Why would this formula for restructuring deny the south-south oil region the total control of their resources... This is a fraud...
Let all regions have full control of their natural resources...if Zamfara and some. other states in the north can have full control of their natural resources...the south-south region also must have full control of their god-given resources...
However, the almighty Fulani cabal will not permit this kind of bill to see the light of day...because....they occupy most of the lucrative federal. govt oil refinery...

Naija nah......only a comedy can interpret our system. of government.....