We can no longer deny the fact that biafra is a reality,we have failed the youth, the country has collapsed-ekweremadu

Nigerian Senate President, Ike Ekweremadu has urged youths to rise up to position of restoring Nigeria to expected progressive state, adding that Northerners has shown intensified fear as they searching for oil in the North.

While presenting a paper on ‘Restructuring and the Nigerian youth’ at the University of Nigeria, Nsukka, Ekweremadu urged Northerners to reduce their fear on restructuring, adding that it will benefit all.

In his lecture, the senator revealed that crude oil is fast losing its commercial value, adding that Notherners has no reason to fear.

senator Ekweremadu futher revealed that oil revenue will ultimately drop as the world inches closer to the new era of electric cars.In his words “I have also noticed a desperate search for oil in the Lake Chad, Sokoto, and Benue River basins in recent times, obviously spurred by the campaign for restructuring.“But it is an unfounded fear. The days of oil are numbered. It is the least strategic wealth we have now.

“Many countries have found oil in large quantities, including those that used to patronise us for oil. Importantly, many nations are already phasing out petrol and diesel engines.” He said“Some are afraid of survival under fiscal federalism. They feel they are better off with free monies from Abuja, which could actually be a pittance compared to what they could generate if they begin to access the bountiful wealth buried in their soils.

“In July 2017, the United Kingdom announced plans to stop the production of petrol- and gas-powered cars from 2040. France has also unveiled plans to ban the sale of petrol and diesel cars from 2040.

“Norway has strong policy actions to ensure that zero fossil fuel cars are sold in the country by 2025. With the second highest concentration of electric cars in Europe, Netherlands is already targeting an emission-free environment by 2030, which automatically rules out petrol- and diesel-powered cars.”

“In fact, Netherlands wants at least 200,000 electric cars on her roads by the year 2020, which is only two years from now.” he added.He therefore encouraged Nigerian youth to develop patriotic minds with the aim of fixing the “broken” federal system, lest the nation’s problems are passed on to future generations.

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