Restructuring: Time running out on oil, Ekweremadu warns


By Chinedu Adonu

ENUGU—DEPUTY President of the Senate, Senator Ike Ekweremadu, has ascribed the continued resistance to restructuring to fear of the unknown, especially that of survival in the absence of free oil money.

Ekweremadu described this as ironical,saying the same product was fast losing its value in global economy as many nations were already phasing out petrol and diesel-powered cars.

Ike Ekweremadu

He made this known at the University of Nigeria Nsukka, UNN, where he delivered the Third Adada Lecture entitled “Restructuring and the Nigerian Youth”.

Speaking at the event organised by the Association of Nsukka Professors, ANP, at the weekend, the Senator said: “There is a gross misunderstanding of restructuring. There is the problem of political and ethno-sectional interests and sentiments. There is the fear of abuse of a decentralised police system. There is the…

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