Oyedele: Implication Of Cabinet Reshuffle On Nigeria's Economic Policy | Inside Sources

Added: 2026-05-04

[00:00:03]Welcome back to inside sources. Today we want to have a a real discussion about the changes that is taking place in the uh president cabinet. A very important one that happened few days ago uh when the coordinating minister of the economy and the minister of finance uh resigned as it was said by the presidency. So we want to look at the implications of this and some of the dynamics around Nigeria's uh economic policies. To join me in that important conversation, I have a leading policy analyst, Mr. Adimola Adigo. Mr. Good to have you again on Inside Sources.

[00:00:42]>> Thank you, sir. It's been some time.

[00:00:43]>> All right. It's been a while, you know, uh but this is good timing, too. So, >> what's your own take, you know, let's kick it off like that. What's your take on the uh the fact that you know a very powerful member of the uh Tinuba administration had to step down and replaced. Yeah.

[00:01:01]>> Yeah. Being honest it wasn't unexpected.

[00:01:04]um the trend had been there from last year November >> for most people when he's seen the issues around um uh movement around that ministry and um information disseminated outside about um a possible change. So I don't think anybody who is watching policy would have said it was unexpected. It was something that people expected to happen and uh the point that people don't know or people I don't know is the reason for it because for all intents and purposes Mr. Wun was a stabbazing factor in the administration and for most of us a longtime friend of the president based on what we read in papers. So um when uh Mrs. Doris was brought into the ministry of finance uh people asking that again when she was moved to the bright and planning ministry it was also there and then when uh later came into the ministry uh everybody would have said it's a matter of time >> because again the whispers were already there it was always preing outside there and um it's funny this was the first time I can recall that you have um uh minister of state in under the ministry of economies uh portfolio uh maybe it has happened before and I'm not well aware of that but It it has happened but but is is he's now full minister.

[00:02:15]>> No no no I said yes before I said the movement had shown so he's not he's not the minister now I said but before then you know we had a minister we didn't have anybody under he was Mr. of >> states.

[00:02:26]>> Then all of a sudden minister of state was appointed and the portfolio was divided.

[00:02:30]>> Yeah.

[00:02:31]>> Um a lot of um power was taken away from the minister.

[00:02:34]>> They g to the minister of state. This was all public formation and he now became more like a figurative minister of economy where Dory seemed to be the proper minister of uh finance. So there was an anomaly in terms of the way it has always occurred in the country and the what we read in papers and what we uh heard didn't show that a lot of confidence by the president in Mr. at that time anymore. So there's nothing new then change shifted again and then they moved out and then things seem to got back to normal and then this happened. So I don't think it was unexpected being honest.

[00:03:08]>> Okay. So so how do you think uh that kind of change how do you think it will affect the perception? It's the profession is been very bad because there are three ways people say it. Um Mr. was the one that the face of the economy internationally.

[00:03:27]>> He I mean imagine the day he was removed he just came back from the spring meeting >> on the day he was removed he is one engaging with IMF World Bank the multilaterals and he's the one that fating engaging with so one way or another it brought some stability in terms of understanding what to do and love conversations now again being fair nobody's indispensable we saw Mr. movea at a point where we thought he was very critical and and and inible asset in in those days so it's nothing unre repeated but in uh in this case the economy is still at a very tight place so uh whatever reasons they had I don't think um that person was properly managed I think could have been better done um I think you've only got some few months of elections you could have rolled whatever winds and storms that there were onto election time and then after that you could have done your changes after then and there will have been a new bat but maybe there things we don't know that they know things they saw you know then the spin about him resigning I mean that was a very poss typing the name it himself when he was typing that himself but it's okay this is what this what this this is what happens in power >> yeah I mean yeah yeah and I made this point that you know the best way to have managed that would have been for the presidential spokesperson to be the one to announce you know So if he announced it and we had it force from here and he says that he resigned people are likely going to believe it. But if you look at the statement of the from thef office talks about the fact that there was need for synergy correct and effective what was wrong. Yeah. So it was it was clear and then you would have allowed him to go to the spring meeting and come back early that morning and start working on key matters of the economy and then you you would have done that maybe before he went >> and allowed somebody else to go for that. you'll have changed or ask me to go with him. You know the you know one of the problems we have in leadership in many processes this communication gap and managing um prices management can be a big effect on the economy and others um in most sensitive places where stock markets are very reactive >> it could have caused a lot of erration of of trust in the markets and others and again it takes some time >> but it didn't quite do that >> you know but you know because Nigeria has a kind of funny that is not very um >> our own emotional >> I do I don't economy works. It works on the funny ways or he can't understand. I mean what you think will shock the economy does shock the economy. What you think will shock the economy is already there. So I think um if a a minister in US resigns, he might have more effect on Nigerian economy than Nigerian minister resigning. That's what it is.

[00:06:10]>> Yeah. But but let's look at some of the things that were in the public, you know, uh just before Mr. Edu had to leave. Number one, there was the issue of the budget, you know, uh being rolled over seemingly endlessly 2024 budget roll over the 2025 2025 budget now to roll over, you know, uh up until they say up till June, you know, although we now have a 2026. Now, what's how do you I mean, you you you deal, you know, with a lot of these issues, you know, both nationally and internationally. How do you think that affects you know uh the perception of government when it seems that there's a struggle around budget implementation?

[00:06:56]It's a it's a weakness and it's a very damning statement on performance.

[00:07:02]The way we've been taught is the budget is the biggest policy statement policy statement of a government.

[00:07:07]>> When you say you're making a policy, the budget is your policy statement. It tells you where you want to go, what you finance, what you prioritize. That's what the budget is.

[00:07:13]>> Yeah.

[00:07:14]um over the years and over several governments have managed to improve the bary process. Again we can put the blame on three spaces. The inefficiency of the institutions like national assembly who allow that to happen >> under the law you shouldn't allow that to happen. There's a fiscal discipline physical all these things are there all the laws are there and these laws were signed and promoted by national assembly. So why do they allow it? I mean why can't you close collapse one budget and finish the budget and start on that budget and then they also affected implementation. There were days when you see people camped in front of Minister of Finance. You saw contractors begging for their money, carrying coffins and everything and other things like that.

[00:07:55]>> That was quite hard.

[00:07:57]>> Yeah. But again, they were dying too.

[00:07:58]They took loans to do the work and everything and the whole process was convoluted and complicated. Something actually very simple. You would think a government who had experience in managing at national >> because Mr. W was commissioner in Lagos, wasn't he? Brent was a governor in Los.

[00:08:12]>> Yeah. So, so all of them should have that knowledge and experience. It's not a new government per say that was totally green. So for me it was a damning statement of of inefficiency, ineffectiveness and a lack of policy current and synergy and he couldn't blame the minister alone for that.

[00:08:27]That's a blame all of them after at the federal at the executive and at the legislative their fault.

[00:08:34]>> Although there are information in the public that the lot of the some of the ministers in the cabinet had actually gone to complain to the president that they have no >> capital. Yeah. you I think the case of professor Alipate was very open >> 8 million naira really >> it's it's a mess and again for me that is an indicator of the thinking um around um >> is it thinking or are we really struggling with resources indeed that we don't have are we so cash trapped in your view >> no I don't think we're that cash trapped I know by performance in terms of revenue performance is has been lagging um let me say it in a very simple way we've decided to have a culture of deceits >> in everything we do. A culture of lying to ourselves, lying to our principles, lying to the economy and everything. But you see, you can't lie and the economy responds to lies. You can say you have achieve sufficiency when you have not done that. You can't tell people that, oh, we made this revenue target when it doesn't show in your bottom line. There has been no effort to cut expenditure.

[00:09:39]There's been no effort to measure current expenditure. there's been no symbolic effort to even show that you're lying with the pain of many of Nigerians. That hasn't happened. And then when you now keep on going from one year to the other ruling out and saying, "Oh, targets are done are done." And then the numbers tell you a lie. It's like when you go to a doctor and say, "I feel normal and your blood pressure numbers are terrible." You feel normal, but your blood pressure is telling you you're very high. That's the numbers you can't see. So I think that's a trend we had. And I think again it's that failure of honesty that is affecting us. Most projects are designed to fail by design.

[00:10:12]From my experience whenever we are doing for instance instance the all revenue acral they just send a number that they think is realistic. This is how much we can produce based on what we have on ground.

[00:10:25]Somebody that doesn't know the figures says jack it up.

[00:10:28]>> Probably.

[00:10:28]>> So if I say I can do 1.6 million barrels >> probably the national assembly >> probably even the presidency because maybe any PRC or any PRC majorly says oh we only do 1.4 million barrels. Then he gets to the presidency. Somebody said ah this is too much small money make 1.7 but we have not done 7 in five years. No no no we 7. So you're projecting hope into a budget based on nonrealistic.

[00:10:48]Then when he gets national assembly national said oh your benchmark is too low. I can use $65 for benchmark. Now there's a formula that you should use for benchmarking. They will not use that formula. They just arbitrarily think slam. Then when he gets when the price is now approved by the president, they now goes to what we call the padding which technically shouldn't be a padding but the only person that showed guts to challenge that process was Jareda when he took them to court before he died >> and that would have brought some sanity into the process cuz you can't plan for me you know I know what I am earning so it's like a husband or a wife earning a money and somebody saying you are living on top you don't know what I'm earning I'm telling you what I'm earning and that is the beginning the failure of system and then the agency of government itself have lack financial discipline and fiscal discipline. A budget is a statement of of of intent.

[00:11:40]>> It's not a statement of actual. When you make a budget, you say this is what I intend to based on the reality that comes in. Now, how do you start awarding contracts based on intent?

[00:11:50]>> So, that's what happened with the contractors. So a lot of MDAs based on intent and what they felt was approval and you know the insertions by our honorable and our senators and their constituency whatever 2 billion 1 billion they put in thing then it comes >> but then it's not funded something like something occurs tax revenue expressions don't happen all revenue projection don't happen all the projections come from VA and other things don't happen then you have a fun that's not implementable and then you have a problem you have to prioritize what you spend money on you've got pay salaries Uk has to go go on board got to do other things and then you think a government that's cash trapped would think about cailing creating new agencies of government or in fact inventing report which they promised to implement but when they said they implement it I told my friends I said if they do that I'm going to I'm going to stop talking about Nigerian politics but >> that is certainly over one year now >> they cannot do it they I mean there's a committee that set up >> anytime they come set up to do anything Nigeria it's not going to happen a committee of saying this will not happen anymore. It's a way of pushing your power to somebody to say tell us why we not do it. So we have that issue then around the line you are creating musicians everywhere. You're creating just everywhere take off grants take off grants. Everybody's creating a poly technic university create something. How are we going to ever survive on that crisis >> you know so it's a challenge >> but but but otherwise you don't think that Nigeria is cash trapped?

[00:13:10]>> No we're not cash trapped. You see we have we had cash challenges. I'll credit this government for one thing. I'll credit them. They've stopped the bad habit of the of printing money that we experienced under the bar regime which led to inflation and saring uh uh uh uh sorry destruction of the economy but they haven't brought fiscal discipline into the process.

[00:13:33]You have to have fiscal discipline. You can't build a bot on borrowing above a certain ratio. Your borrowing numbers should not reflect more than if you're borrowing for capital exclusively >> right >> then it's irrealistic then you're saying okay this side a capital project which will be competed under this year and under this synergy but when you're it's convoluted >> your your financial inflows are not properly marked or properly delinated then you have what this combustion we have why would a ministry of health have only 38 million for capital >> yeah that was released >> I mean and the man had to say that because people were expecting to perform you know and That's kind of things you saw every day and that's why you saw every I mean it was embarrassing when you see them minister of finance every day you see them with their drums and it was really an embarrassment for government. So they sorted that out really and what I hear underneath is this the agencies mandated to develop the budget are not the ones developing it.

[00:14:30]>> Yes that's being truthful >> agency to develop >> mandated are not the ones developing it.

[00:14:35]You can't bring a boy from outside and give to a ministry of budget and planning to implement that itself will cause convulsions in your process.

[00:14:43]>> So so you mean that the because there's a budget office >> there that there should be a budget office.

[00:14:48]>> Yeah.

[00:14:48]>> There exist in name. Yeah, an is now a budget director.

[00:14:52]>> There's a very experienced person.

[00:14:54]>> Interesting.

[00:14:54]>> But if if you have a budget office, you have by the way.

[00:14:58]>> Yes, very very experienced former economic advisor of the company. Already very capable sound mind.

[00:15:03]>> So So you're saying that it doesn't seem as if he's the one that >> from the rumors we hear. The B doesn't seem to come from his office. It comes from external parties and they're giving to them and everybody's not giving a B.

[00:15:13]So how do you >> own something you didn't co-create?

[00:15:17]>> Interesting. So, so if you don't allow to function efficiently, there are so many anomalies in this government in the economic management space. There are too many that for anybody they could have done better than they're doing. But I think there's a high level of politics, a high level of issues that are really there and a clash of powers. It's very very funny.

[00:15:35]>> Clash of between who and who now?

[00:15:37]>> Well, the elements so because the way somebody done is I mean we have okay now we we had a tax reform >> which was a good thing.

[00:15:46]>> Mhm. Yeah. when you do a tax reform is led by the ministry of finance. This wasn't led by the ministry of finance.

[00:15:54]>> Yeah.

[00:15:54]>> That itself is a is an indicator of a big challenge.

[00:15:59]>> I I think that um you know and I made this point in my take you know I think you know and then I'm sorry for intering but I wanted to make this point so that you can also uh take it in uh alongside.

[00:16:11]I think that the the president chose to rely on uh Mr. Zakad more and of course Mr. in in that tax reform than than the minister. And I think that was part of the the the point of dispass where people knew that this thing wasn't going well because from what I know very clearly a lot of uh the president's you know actions you know as a matter of fact you know Zach was writing many many memos that should normally come from finance. Look, it's not a rumor in this town anymore that you know they revert to Zach as the as as the family because you know so so that's just to >> no I mean I mean I'm glad you said what I can't say but since you said it >> yeah well it is truth >> and that itself is a crisis that's brewing you see I think um our leaders need to think generational thinking >> and not think about um traditional thinking which is what they do about uh it's a in in in Nigeria when you look at budget reports budget Lego state remains the least transparent amongst many states because >> state makes most money4 billion and everything because of the way they do things so when you import a system like such as that >> even state even currently or in the past >> up to now there's nothing transferred about Lego state I mean Lego state is opaque you know legos people are different they think they know everything and they they overate themselves and when No, it's still in the center of >> No, but let's be honest, he's not sign of anything.

[00:17:49]>> But that's another issue entirely. But the point being made is this.

[00:17:53]>> You can't bypass processes.

[00:17:59]>> You can't have the chairman of the national revenue service >> leading some issues. You can't have memos that should from a minister of an economy.

[00:18:08]>> Yeah.

[00:18:08]>> Coming from non mandated people. It creates a chaos and that's why president will say this minister will say that and what minister said and what president said doesn't tally >> because you're not seeing from same Yeah that that happened four five times yes targets expenditure patterns and others when you give people a job you let them do the job now if you have no confidence in them doing the job take them out of the job >> which has happened >> possibly possibly we would watch what happens in the on the next >> yeah so then do that but don't create a system that creates chaos this is designed chaos >> properly designed chaos and why people design chaos you know the only reason why people throw thieves coming in night is because it's dark and nobody and see what's happening.

[00:18:52]>> When you want to be able to see what's happening, you allow it to be open >> and that makes it more efficient and that will allow people to really judge and it will boost the efforts that you are making. But for whatever reason they don't they have they're not doing that.

[00:19:04]>> Yeah. And so so so let's talk about how that you know this uh seeming chaos you know which let's even say for the purposes of uh uh of assumption and argument that the president wants to sort it out. That's why he said, "Okay, look, you go let these folks, you know, that I trust and depend on, let them do it. I mean, after all, they are the ones writing the memo. Let's just give him a job." Okay.

[00:19:30]>> Why don't you bring him to be Minister of Finance, sir?

[00:19:34]>> Yeah. So, so but but but the point is that what how does that affect the Nigerian you know uh the Harid Nigerian this kind of chaos, you know, like you have described it. Uh can we say that you can trace it to the level of impact in you know maybe say the lack of impact maybe the better word is lack of impact every time you try and show the headlines of this government in reforms and there are some headlines that are good >> you know everybody will tell you we're hungry >> before I came in to this to this interview somebody I met at the waiting room was like this government is blah blah blah. Early in the morning, a customer called me from he said Leo >> the poverty levels are astronomical and flying because there's no concerted strategy of translation of gains of the top into the bottom. M >> if one thing they're failing is is lack lack of synergy and lack of coordination and because there is no strategy >> you have an adoc financial process add economic process which is more responsive not coordinated not synced not sequenced being impacted on Nigerians and that's why many more people are entering poverty I mean you had no intent taking subsidy out was something we all clamored for a long time but there was no plan to mitigate the effect of taking it out developing the currency was something you need to do to attract more investments, subize your currency and stop printing currency but making effects about that. What about social plans and others so that and who's funding that >> all that lack of it is what has inflicted the greatest pain on Nigerians and Nigerians are in pain.

[00:21:20]>> Nobody can deny that. I even those of us that we so we call the so-called middle class but we are holding it under but nobody's really finding it holding it under you know we all squeeze ourself around it and it's it's clear. So until you sort out this economic coordination and ensure there's smoothness and efficient system then you can roll out plans to mitigate poverty but if you don't you still have this pains continuing you still have um the challenges you have already you still have the down I mean so states are getting more money nobody's going to do that but again this states are not responsible for lifting out poverty they transmit what you do at the top along your indices to them and so you import food this period you stop importing food you do this you do that no synergy no coordination no economic strategy no playbook there's nothing I can read and say okay here's economic direction so when we do this we'll achieve this when we do this we'll achieve this when we do this we'll achieve this when we think this is not working this is what's remaining it's might on paper in the plans we had before it came to the government but in implementation there's nothing >> interesting >> and the industries are failing it's the truth >> interesting that you also raised the issue that you know of poverty and people uh living in ash asher conditions there's a video that is trending I don't know whether you've seen it of u Mr. We really making a public speech and saying that look when people ask that okay uh has your life been better you know since theation came into office or not? He says of course you know uh the obvious answer that we have even discussed now is that it has gotten worse. uh uh there's devaluation you know uh uh and that affects you know uh a lot of the things you know that people buy uh there is uh uh there the problem that came out of this you know removal of subsidy you know that goes directly to living conditions but he argues as Mr. in that video he argues that it's a wrong question to ask whether your life has gotten better in the last 3 years or you know I don't know the date of the video he argues that that's the wrong question and this is his argument and I want you to respond to it he argues and say that look the situation could have been worse that what was going on before the tubition came was that NNPC was not even paying any remittances anymore you know Uh there was uh to make matters worse, you know, advance, you know, where they were looking for money uh advance or is it forward sales of oil uh to even benchmark or try to be uh like the what do they call it the guarantee or loans you know they were printing money you know which we have now known you know with MF there that if all of that of course subsidy had to go and that if all of that weren't stopped that the economy would have completely collapsed. So, so he said that is the wrong question that yeah of course the answer is what it is but that the question is wrong to say we should expect things to be better but that what the has done is to sort out all those things stop you know uh printing money uh try and see you know stop the subsidy you know so that there is no uh no more leakages and I guess you know trying to see what they can do getting NNPC now to get the money in and all of that. What's your response? I mean, you are an expert in this matter.

[00:24:59]>> Well, it's funny because when you when I saw the video myself.

[00:25:02]>> Oh, good.

[00:25:02]>> Yeah, I saw the video. It's viral as you said. My question was when you said this before you campaigned, would have voted you into tell us this is what I come to do. Let's be honest with ourselves. I mean, you can't start saying such things after. It's not your place to tell people that. They didn't ask you to tell them why the life's not better. They called you to not tell them the worst possible scenario. Your job is to tell people the possible outspoken that will come forward. So by asking people that they ask question no you don't do that that's a bad and poor communications from anybody in leadership when you are elected to leadership your job and assignment is to give hope to people telling them oh if you didn't do this yeah but that's why they voted for you but if you if they knew you wouldn't make their life better they would have tried that path and collapse but collapse it's a common thing that it means If you can't if you're a deity and you can't change my life, leave me as >> that's the is a simple thing. So that thing shouldn't be said and it's come from trying to defend the gains of their reforms. But the problem is people don't care about reforms. People care about the impact of their life. Somebody wrote a very lovely article yesterday on social media. Oh this this and everything. Guy said okay after you said that my fridge is empty.

[00:26:20]That's what the guy said. Said look my fridge is still empty. And if you say my fridge is empty, that means you haven't translated your impact. So let's not stop the question we're asking. Tell us the solutions you're making. Give us a pathway to where the benefits will be felt. Tell us this is the timeline of what you're doing. Introduce social safety systems in place.

[00:26:40]>> It's it's very simple and it's not very complicated.

[00:26:43]>> When you look at the aggate income of a family, >> you look at where there's spend when you're trying to mitigate suffering, you take away spend around it. So if you want something on education saying okay for nail funding and everything what have you done on transportation we said the LG where are the buses where the LG plants where the LG gases where is it flooding the market in Egypt you can rent a car for $10 a day because of LNG it's a truth it's not CG >> CG sorry my my apologies CG other things like that >> yeah we haven't seen the CG >> wait so that's lack of coordination that so when you taking out subsidy which was a good thing to take out that CG should have been available >> even the crisis we had in Iran now Nigerians would have been a little bit not as impacted as it is when I bought one day I was buying four and I had to pay 120,000 for a full tank I cost my money ah this money it's so much money and I want to supported the valation and um sorry the regulation of the of the economy and everything so I'm not going to stay okay but when you feel it you know it so don't that the question should ask >> how much it could have been but that's how you met it when you left there were market indicators now you been He knew all you say might be true but didn't you know about this path before you take it.

[00:27:56]If you can't bring a do a patient who is in a crisis situation and tell doctor says oh if I didn't stabilize you you'll have been dead and I'm dying I I came to you to save my life. So you're not telling me no if I didn't put if I intubate you or put into coma. No that's not what telling the patient. M very very very important point and um you know I I I I felt when I uh saw the video that okay look even let's even if we if we >> just like you've also said where is the uh the mitigating uh you know initiatives indeed for instance now the the social investment program thing we've not had any >> totally collapsed >> you know >> totally gone >> I mean so so I I I see I I see the problem of a bit of insensibility. It's like it's like they are insensitive.

[00:28:48]>> So let me inter interrupt you to say something. You see when you have dialogues people are impacted you can't you know I mean let me use a scenario that most can relate to when you want to have a large in the family unit the head of family might call and say well we need to cut down some part of our life some things have to change for us >> and because of that because we want to build a house so therefore maybe meet once a week maybe egg 2 days. M >> he doesn't start eating five eggs and epis there's been no attempt not even a small to show a correlation of the pains we are feeling and you in leadership your expenditure levels haven't changed in fact the oppression has gone to the point of it as a national part you see elected and public officials highlighting their new cars showing their new Benzes their new jeeps their new S-Classes and rap. You see them on social media. You see the way they they try. People are upset and angry and hungry. You don't shove it in their face.

[00:29:52]>> You say okay there's a pain. Where's the cut you're taking? You still see them in business classes when you're flying some of them in first classes. All the I mean the parent makes announcement. It doesn't happen. Doesn't change anything.

[00:30:03]>> So it it's it is beyond the sensitivity.

[00:30:05]I and I don't care attitude and I don't care attitude in other places get punished during elections because why people that level of sensities is too high.

[00:30:14]>> Yeah.

[00:30:14]>> It's too high. You you you still go they went to London. They went and mass as if it was a jamboree. You think what is what is wrong with you? An economy suffering. You're going there to to look for opportunities. And then you went was ostious display. You go to anything.

[00:30:29]It's the largest that goes. There's no sign of cutting down. Every day there's a two new S's, five new SS, 43 S's. Who runs a government like that?

[00:30:39]>> Bloated cost, bloated level of governance and then shove it in your face. New cars, new jeeps. Driving Abuja is very annoying and embarrassing. The money you are paying, the police people that are paying with your tax are shoving out of the road to somebody that is not paying any.

[00:30:54]>> It doesn't make any sense.

[00:30:55]>> Interesting.

[00:30:55]>> So there's no attempt to correlate the reality of most Nigerians with your leadership >> and it's a bad signal. the optics are very bad.

[00:31:03]>> Yeah. But you see the the the other the fringe side of it is that we haven't really seen you know so so I I served in the administration >> you know and one of the reasons why I get very critical with some of these things is that >> the kind of thing that we are saying now that that's what we say for 8 years you know you understand and so it can be very draining that okay so for how long are we going to say this but uh Mr. who says that they I mean we are not even seen from among the opposition we have not seen any clear uh attempt to say that look these are the options you know as a policy analyst are you worried about that as we conclude >> let me say I'm frightened about that >> yes yes and I'll say it on my own page on social media today and the last few days I've been talking about trying to look at the gains of subsidy savings and how much more revenue is going to the states I mean teach I mean facts not not not illusions but everybody when like what there's pain and everything but point I ask them is where is the other party who is in that other space that you want to bring forward that's going to change your life they're not thinking about anything people are talking about the president's birthplace his mother and what do I care about that anymore he's been elected he's president whatever you have is junk come and tell us what you will do differently will article reverse subsidy Will they reverse the regulation? Will they do that or will they have they talked any economic plan economic gain?

[00:32:38]Have they how they will stop managing borrowing and reduce this level of of of of funding? Have they thought about any B economy? It's a different thing to even talk and not even do which we've seen a lot. There's not even talk. All you are talking about is that they don't want to register a party. They want any type. Who cares about parties? You party APC is P. ADCSD they says in no issue.

[00:32:59]So I mean a lot of people are really disanted and there's anger on the streets.

[00:33:03]>> Yeah.

[00:33:03]>> And I tell even Nigerians my my I my personal take is Nigerians don't want change.

[00:33:08]>> I'm sincere. I tell I say if you want if you want change you won't be considering the options you have. You look for an option that's better. They are there. So if your question options we are well say the same old thing. It's going to be same old wine in different cup and the wine will taste the same. Well, you know, I mean, uh, let's hope that the opposition is actually going to show us, you know, you know, because you and this is part of the reason why some of us are arguing that look, we must have a choice. We must, you know, um, >> uh, you know, I think it was F that said that look, let the people choose which of the oppressors.

[00:33:40]>> That's why I said that's I said them to their poison.

[00:33:43]>> But there's one more thing quickly. I have just about 2 minutes left.

[00:33:46]>> All right. Should we give the governors, you know, that kind of leeway with the kind of money that they have? Don't they also have responsibility, especially in agriculture? Nothing stops them in education, in health, in those areas, the governors can make a a change in their state. So, we just give them the >> You're spying on my social media wall.

[00:34:08]Exactly what I've been saying. But people don't hear that. See, there's a thing about it. If I'm a Nigerian and I'm going to a contest, I contest for governorship. Governorship, governors have nothing, no accountability. They rur the house of assembly. Those guys are puppets. They don't do anything.

[00:34:23]They're not accountable to anybody.

[00:34:24]There are no NGOs at the base. Um like we have no one person and meanwhile the elements of people who know what they doing. There are some few states who have shown that they are capable of mitigating problems of their people. I expected states that were were thinking about it during this period of the Iranian crisis find alternative levels of transportation for their people ways of working. I expect grains and other things to be done. But even the state governments are trying some things. I mean we've we um decentralized power supply.

[00:35:00]>> Yeah.

[00:35:00]>> Has anybody taken off the challenge?

[00:35:02]>> Well, you know, >> maybe two.

[00:35:04]>> Yeah.

[00:35:04]>> Maybe the governor of Abia state and potentially a new go is on the way.

[00:35:09]>> Yeah, I think an kind of things you want to see.

[00:35:12]>> Yeah.

[00:35:12]>> You want people to think about how you can solve it. You want to think about lookab there's a gas um process. There's a gas program going on. Take advantage of it. All the AK, AKB putting together.

[00:35:24]But you see the point about it is that Nigerians themselves, we >> we are more focused on politics and governance. Every discussion you have on issues >> is on politics never on governance and Nigerians can't differentiate what policy says and what governance says.

[00:35:39]>> Interesting. Well, you know, um, so we are getting to the politics even though I don't it seem as if we never ended politics. It's a never end, >> you know. But let's let's hope for the best. We we we keep on pushing, you know, uh keep on talking about these issues. Thank you so much.

[00:35:54]>> Thank you, sir, Mr. Deola, policy analyst. Thank you for your views. Thank you for the insight and thank you uh for coming to sources. Thanks.