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Osinbajo To Deliver Lecture At Sigma Club 68th Anniversary

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October 28, 2018
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In Ibadan, Osinbajo Says Atiku, Other PDP Members Frustrated Restructuring

by Jamaz
October 28, 2018
in Home, Political News
0
Osinbajo To Deliver Lecture At Sigma Club 68th Anniversary

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Vice President Yemi Osinbajo on Saturday said politicians who made restructuring their campaign stronghold were doing so to win votes.

 

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Osinbajo said he has been very passionate about the issue since he was the Attorney General in Lagos State.

 

Speaking with correspondents at the ninth public lecture to commemorate the 68th anniversary of Sigma club at the University of Ibadan, the Vice President said he was not a latter-day convert of restructuring, like some political office seekers.

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He said “People talking about restructuring, if you ask them what do you mean by restructuring, they won’t even know what it means, and that is the problem we have and which we have to face.

 

“Let me tell you what it is. When I was the Attorney General in Lagos State, we pursued in the Supreme Court, all the issues of restructuring. We started with fiscal restructuring, which is more of resource control. Should states control their own resources? We went to the Supreme Court. They argued that each state should control its own resources.

 

 

“So, our own argument was that each state should control its own resources. We lost at the Supreme Court. The Supreme Court said no, that we cannot control our resources. If you are an oil producing state, take 13 per cent extra, which is a derivation.

 

“The presidential candidate of the Peoples Democratic Party, who is talking about restructuring today, was the Vice President then. They opposed every step that we took. Of course, we were taking the Federal Government to court then. They opposed every step.

 

“The next thing we did was that the states should be able to create their own local governments, which is autonomy of states. So, we created 47 new local governments in Lagos. The president then, Olusegun Obasanjo, seized our local government funds and said we could not create new local governments. So, they seized the funds they were supposed to allocate for our local governments.

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