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The Nigerian State and the Political Economy of Restructuring
Abstract
No issue commands a more significant and broader consensus in Nigeria in recent times than the call and need for restructuring the Nigerian Federation. The agitations for fiscal federalism or outright restructuring became louder in the last decade because of the need to correct the perceived inequalities in the Nigerian polity. They thus put the Nigerian State on the right stead of development. This paper examines the reasons that necessitated the agitation for the enthronement of fiscal federalism in Nigeria and the challenges facing its actualisation. The paper adopted the secondary method of eliciting information. The paper found that the restructuring of the polity may not be for the good of the “greater number" but for the ruling elite who have taken control of the agitation itself and dominate governance at all levels. The paper suggests that corruption has to be drastically reduced for restructuring to benefit the masses.