Nigeria doesn’t need trial-and-error economics – Sambo
Arise Television Director of News/Politics Editor, Sumner Sambo, says Nigeria does not need trial-and-error economics but political restructuring that would improve the lives of every citizen. Sambo made this assertion on Wednesday while fielding questions in an interview on Arise Television’s Prime Time. He said Nigeria had undergone enough economic experiments, lamenting that citizens,…
Arise Television's political editor, Sumner Sambo, has argued that Nigeria does not require trial-and-error economic strategies, but rather a political restructuring to enhance the well-being of every citizen. In an interview on Arise Television’s Prime Time, Sambo lamented that citizens, particularly the impoverished, have been suffering due to the absence of governance system reforms.
He emphasized that Nigeria has already conducted enough economic experiments, and now seeks political restructuring. Sambo stated that Nigerians are enduring significant hardships because there has been no reform of governance systems. He expressed his belief that it is time to revisit political reforms, especially given the high costs of governance and the wide gap between the governed and those in power.
Sambo referenced the Vision 2010 plan, initially proposed by Abacha, which combined economic, political, and governance aspects, but ultimately could not be implemented effectively due to Abacha's demise. He wondered if Nigeria's politicians could revisit such a document, as it contains some valuable aspects. Sambo concluded by suggesting that political restructuring could help reduce the cost of governance.
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