Tinubu Should Run Nigeria As a Socio-Economic Enterprise, Not a Business Enterprise – Akinwande

Akinwande, a renowned economist and political analyst, has urged President Bola Tinubu to adopt a socio-economic approach in governing Nigeria, rather than treating the country like a business enterprise.

According to Akinwande, Nigeria’s diverse population, cultural heritage, and economic complexities require a more inclusive and equitable approach to governance, unlike a business model that prioritizes profit over people.

He emphasized that a socio-economic enterprise approach would prioritize human capital development, social welfare, and environmental sustainability, leading to more balanced and sustainable growth.

Akinwande also stressed that this approach would foster a more participatory and accountable government, addressing the country’s socio-economic challenges and ensuring a brighter future for all Nigerians.

Akinwande, who spoke during a television program, said that Nigeria’s development requires a holistic approach that prioritizes the well-being of citizens and the environment.

He argued that the business enterprise approach has led to exploitation and neglect of critical sectors like education, healthcare, and infrastructure.

Akinwande emphasized that a socio-economic enterprise approach would address issues like poverty, inequality, and unemployment, which are hindering Nigeria’s progress.

He also called for a decentralized system of government, empowering states and local governments to drive development and reduce reliance on federal allocations.

Akinwande’s comments come as President Tinubu’s administration faces scrutiny over its economic policies and handling of national issues.

The presidency has not responded to Akinwande’s comments, but analysts expect a rebuttal soon.

The debate over Nigeria’s governance model continues, with many calling for a more inclusive and sustainable approach to development.