On 21st July, 2024 the Governor of Osun State, Senator Ademola Adeleke while speaking at the 10th undergraduate and 6th postgraduate convocation of Adeleke University, Ede in Osun State, revealed that they must focus on economic Federalism because that would deepen subnational prosperity and create an enabling environment for job creation and boost local capacity across the sectors.
According to Vanguard, the Governor of Osun State, Senator Ademola Adeleke said “Several options are being experimented on. For us as a state, we believe the solution lies in the devolution of powers and financing to the state governments. There is an urgent need to move many items on the exclusive legislative list to the concurrent list.
The states are better positioned to handle many items for which the center is presently responsible. So, the solution is more devolution rather than more centralization of governance powers and responsibilities. We must as a nation focus on economic federalism. This will deepen subnational prosperity and create an enabling environment for job creation and boost local capacity across the sectors.”
Governor Ademola Adeleke added that the governments, at all levels, were working hard to address the current economic hardship facing the country, and at the National Economic Council meetings, both the Federal and the State Governments were putting more effort into finding solutions to the economic hardship, unemployment, and hyperinflation facing the country….Viêw _More
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