Vice President says Nigeria needs diversification of the economy and not restructuring because the Federal Government controls the bulk of the resources.
The Vice-President made his position known while answering questions from the audience after delivering the second foundation lecture of the Elizade University, Ilara-Mokin, Ondo State, titled “The future is here earlier than we thought.”
Former Vice-President Atiku Abubakar had recently advocated for the restructuring of the country to ensure the development and growth of the federating units.
Vice-President Osinbajo however said the restructuring of Nigeria, may not make any difference because the federal government controls a bigger portion of the resources.
While noting that the country was no longer earning enough income from oil and taxes, he stated that every state only needs to invest in other ventures, especially in agriculture in order to become self-sufficient. He also urged Nigerians to embrace technology as a vital key to development.