Governor Ademola Adeleke of Osun State has proposed devolution of power as a key strategy for addressing Nigeria’s current economic challenges. Speaking at the 10th undergraduate and 6th postgraduate convocation of Adeleke University, Ede, Governor Adeleke argued that decentralizing responsibilities from the federal government to state governments could alleviate the economic crisis.
He emphasized that centralizing duties that states could effectively manage might exacerbate the situation. “You may also want to note that governments, at levels, are working hard to address the parlous state of the economy,” Adeleke stated. “At the National Economic Council meetings, both the federal and state governments regularly brainstorm on finding solutions to the economic hardship, unemployment, and hyperinflation facing the nation. Several options are being experimented on.”
Adeleke called for a shift in focus from centralization to economic federalism, advocating for moving many items from the exclusive legislative list to the concurrent list. This, he believes, will allow states to handle various responsibilities more effectively, fostering local prosperity and job creation.
In his address, Vice-Chancellor of Adeleke University, Professor Solomon Adebola, reported that the institution graduated 976 students with first degrees, including 115 with first class honors. Additionally, 116 students graduated from the Post Graduate College, with 33 earning doctorate degrees, and others obtaining various postgraduate qualifications.
Governor Adeleke’s call for power devolution highlights a growing debate on the effectiveness of Nigeria’s current federal structure in managing economic and administrative challenges.
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