PROPOSING OBINOMICS AS A PUBLIC RESOURCE AND FISCAL DISCIPLINE PHILOSOPHY IN THE RE-MAKING OF NIGERIA AGENDA
The paper is on Obinomics, a coinage from 'Obi' and 'nomics' to capture the widely acclaimed governance footpath of prudence, probity, disdain for waste, strategic allocation of public resource for the welfare of the greatest majority displayed by Mr Peter Obi as the governor of Anambra State between 2006 and 2014. The objective of the paper is to propose and project Obinomics' public resources management and fiscal discipline values, policies and methods as the fiscal discipline philosophy that should be adopted in the quest for a new, wealthy, self-reliant and progressive Nigeria. The method is to expose, as gleaned from Mr Obi's many public speech video clips, and other possible sources, the personhood, the virtues, morality, modesty, decorum, skills, competence, grasp of governance and business model of management Obi demonstrated while in office and project them as the public resource management and fiscal discipline philosophy to wipe wastage and corruption, dubiety and restore public confidence in public resource management, and that way change the narrative of poverty and under development amidst wealth. The paper mainstreams Obinomics, given the management peculiarities in Nigeria, as a model public resource management for Nigeria in the journey from consumerist to production economy.
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