{"id":37735,"date":"2021-02-24T18:32:04","date_gmt":"2021-02-24T18:32:04","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/?p=37735"},"modified":"2021-02-24T17:19:19","modified_gmt":"2021-02-24T17:19:19","slug":"afdb-president-adesina-reveals-how-nigeria-can-be-restructured","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/afdb-president-adesina-reveals-how-nigeria-can-be-restructured","title":{"rendered":"AfDB President, Adesina reveals how Nigeria can be restructured"},"content":{"rendered":"

Africa-Press<\/a> – Nigeria<\/a>. <\/strong><\/span>Former Minister of Agriculture and President of the African Development Bank, Dr. Akinwumi Adesina has said that Nigeria\u2019s restructuring should be driven by economic and financial viability.<\/p>\n

Speaking during a Commonwealth event in Akure, Akinwumi stated that economic and financial viability are necessary for the growth of any country.<\/p>\n

He also urged the government to map out a better plan on ways to support states in financing infrastructures.<\/p>\n

Akinwumi also stressed the need to diversify the source of financing for states across Nigeria.<\/p>\n

He also noted that Nigerians in Diaspora remitted $24 billion in 2019, which was used for half of crude oil exports.<\/p>\n

The AFDB President, however, suggested that resources in each state should be managed by the States which will in turn pay federal taxes to the Federal Government.<\/p>\n

\u201cAlso, I think state governments should focus on turning their own natural resources into wealth based on their areas of modified advantage,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Former Minister of Agriculture and President of the African Development Bank, Dr. Akinwumi Adesina has said that Nigeria\u2019s restructuring should be driven by economic and financial viability. Speaking during a Commonwealth event in Akure, Akinwumi stated that economic and financial viability are necessary for the growth of any country. He also urged […]<\/p>\n","protected":false},"author":84,"featured_media":37734,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,28,14,26],"tags":[1220,706,1570,2140,254],"class_list":["post-37735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-policy","category-twitter","tag-adesina","tag-afdb","tag-africa-press","tag-africa-press-nigeria-2","tag-nigeria"],"yoast_head":"\nAfDB President, Adesina reveals how Nigeria can be restructured - Nigeria<\/title>\n<meta name=\"description\" content=\"Former Minister of Agriculture and President of the African Development Bank, Dr. Akinwumi Adesina has said that Nigeria ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/afdb-president-adesina-reveals-how-nigeria-can-be-restructured\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AfDB President, Adesina reveals how Nigeria can be restructured\" \/>\n<meta property=\"og:description\" content=\"Former Minister of Agriculture and President of the African Development Bank, Dr. Akinwumi Adesina has said that Nigeria ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/afdb-president-adesina-reveals-how-nigeria-can-be-restructured\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-24T18:32:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/02\/img-60368a6f7e4f4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/afdb-president-adesina-reveals-how-nigeria-can-be-restructured#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/afdb-president-adesina-reveals-how-nigeria-can-be-restructured\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"AfDB President, Adesina reveals how Nigeria can be restructured\",\"datePublished\":\"2021-02-24T18:32:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/afdb-president-adesina-reveals-how-nigeria-can-be-restructured\"},\"wordCount\":166,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/afdb-president-adesina-reveals-how-nigeria-can-be-restructured#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2021\/02\/img-60368a6f7e4f4.jpg\",\"keywords\":[\"Adesina\",\"AfDB\",\"Africa Press\",\"Africa Press-Nigeria\",\"Nigeria\"],\"articleSection\":[\"all news\",\"homepage-english\",\"Policy\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/afdb-president-adesina-reveals-how-nigeria-can-be-restructured#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/afdb-president-adesina-reveals-how-nigeria-can-be-restructured\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/afdb-president-adesina-reveals-how-nigeria-can-be-restructured\",\"name\":\"AfDB President, Adesina reveals how Nigeria can be restructured - 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