‘Why Nigeria entered recession’

A former Minister of Finance and one - time High Commissioner to the United Kingdom , Alhaji Abubakar Alhaji , has identified high overheads in governance and other expenses associated with Nigeria’ s federal system as the reason why Nigeria fell into recession .
Abubakar stated this in Sokoto on Tuesday while hosting the Chairman , Senate Committee on Local and Foreign Debt , Senator Shehu Sani .
The former Nigeria High Commissioner to the UK also said the creation of states under the federal system had heightened the level of corruption among its units .
He said , “ Now , you have 36 states , you also have 36 governors. You have 36 state assemblies and may be you have 36 commissioners in each state .
“ Then, all the money will be for payment of overheads . Now , all our money is used to settle political office holders .
“ The more states we have , the more corruption we have . Creating more states won ’ t solve our ethnicity problem . ”