1. Establish a Truth and Financial Impropriety Commission where every public official (especially presidents, governors, ministers, commissioners, law makers) who has stolen public funds will be made to return at least 50% of it. There may also be amnesty for them. Imagine if Nigeria gets back 50% of the $400 billion embezzled.
2. Restructure Nigeria. Divide Nigeria into 6-8 provinces with each province having their own Premier. Each province will also have municipalities and local governments. Let there be true federalism
3. Make EFCC and ICPC independent and not a tool of government to pursue political enemies.
4. Come up with investors friendly policies that will make the country grows at 6-7% GDP. A growing economy is a major antidote to so many of Nigeria’s social ills.
5. Double the minimum wage. You can’t continue to pay workers indescent salary and expect them to be productive. This is also necessary to tackle corruption. Tackling corruption requires a holistic approach including changing the culture of corruption, greed and selfishness.
6. Invest in human capital. 1st, Implement an effective health system like Rwanda did leading to the steepest drop in child mortality ever recorded. Also, an effective feeding scheme and other proven strategies for primary school children will be needed to solve the stunting and malnutrition problems. 2nd, education. Increase enrollment and improve the quality of the education all students receive.
7. Establish an effective social security agency to administer social grants. For example in South Africa, they have grants for older persons, disability grants, foster care grants etc. Over 17 million social grants are paid monthly and costing the government more than $7 billion annually.
8. Explore renewable energy especially solar to tackle Nigeria’s energy crisis.
9. Boost support to small businesses. The promotion of small businesses is one way the government can tackle the country’s current and future economic challenges. It will be wise to study the ‘The Brazillian model’.
10. Come up with a policy on how Nigeria can take advantage of the fourth industrial revolution. Government and business will need to collaborate to adapt to the future. There will also be a need for curriculum development and renewal in secondary and tertiary educational institutions