Group holds seminar on fiscal federalism

Disturbed by the emerging public finance crisis precipitated by bad governance and dwindling shared revenues, a socio- political organisation, Atayese, is planning a seminar on ‘Federal Opulence and State Indigence: The Case for Fiscal Federalism in Nigeria.’ Participants at the event slated for August 8, 2015 at the Aboyade House, Development Policy Centre (DPC) Road, Agodi, Ibadan, Oyo State by 10.00am, the group said, will discuss the ongoing financial distress in a number of failing states in the Nigerian federation with the aim of fashioning out solutions and practical suggestions for avoiding deepening of the crisis.

In a statement signed by Mr. Tokunbo Ajasin and Ambassador Olu Otunla, Atayese said a group of public-minded persons with expertise in economics and public finance has been invited to discuss the topic.

Atayese is an organization founded to pursue the goal of regional autonomy and good governance for Yorubaland within or outside the Nigerian Union. It is also “motivated by a vision to change the culture of government to that in which the human being and the Ebi become the focus and the principal objectives of politics and political activity as measured by improvements to the quality of human life.”