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  • Review of Grassroots Economy, Key To National Development –Princess Akobundu

    Review of Grassroots Economy, Key To National Development –Princess Akobundu

    The National Coordinator/ Chief Executive Officer, African Union Development Agency- New Partnership for Africa’s Development, AUDA-NEPAD Nigeria, Princess Gloria Akobundu has reiterated that for the nation to attain greater heights in global economic circle, there is need for self-assessment of economic practices particularly at the grassroots with the aim to embrace and work towards global best practices.

    Akobundu made the call as a member of the Panel of Discussants on day-two of the Inaugural Partnership Economy Summit Abuja with the theme “Translating Global Goals into Local Businesses in Nigeria organized by the Federal Ministry of Special Duties and Inter-Governmental Affairs.

     

    She made the submission while responding to a paper presented by Princess Adejoke Orelope-Adefulire, Senior Special Assistant to the President on Sustainable Development Goals, titled ‘Partnership Economy Nigeria as a Multi-stakeholders platform in pursuit of Translating Global Goals into Local Businesses for SDGs in Nigeria adopting Peer Review Mechanism among the participating Local Government Councils and Areas on the platform of the Government Citizens Partnership.

     

    Akobundu, was represented by Director, APRM Department, AUDA-NEPAD, Mrs Adefunke Adimula.

     

    She reiterated the need for sub-national government to embrace Peer Review Mechanism in order to attain global development standard in their areas of comparative advantages.

     

    According to Akobundu, there is need to introduce technology into every economic activity at the grassroots.

     

    “What to do is not really a challenge as every society in Nigeria is notable for one production or the other but there is an urgent need to transform to global way of production to maximize output.

     

    “Farming is common to every community, but when compared to how it is done in other climes where they have greater outputs and toil less you will discover that the difference is the use of the right technology.

     

    “Let us Peer Review each other’s economic system with love, not to shame each other so that together we can fast track the growth of our local businesses.

     

    “African Union came up with  APRM for voluntary self-assessment among member states and it has also helped in the pursuit of AU- Agenda 2063 ‘Africa We Want’, APRM tool can also be adopted at the sub-national level for greater development.

     

    Orelope-Adefulire, represented by Ms Patricia Aniebue, said all the 17 Goals of SDG-2063 would make individual society and by extension, the country to become condusive for all.

  • SDG: Sub-National Govts, Private Sector Should Embrace Developmental Laws, Policies, says Princess Akobundu

    SDG: Sub-National Govts, Private Sector Should Embrace Developmental Laws, Policies, says Princess Akobundu

    As the Nation aspires to achieve United Nations Sustainable Developmental Goals (SDG) 2030 and African Union Agenda – 2063 ‘Africa We Want’, sub-national governments and the private sector should embrace the existing developmental laws and policies of the Federal Government through compliance in their activities.

    Princess Gloria Akobundu,  National Coordinator/CEO,  AUDA-NEPAD/APRM Nigeria made the call in her remarks at the opening of the Inaugural Partnership Economy Summit 2021 organized in Abuja by the Federal Ministry of Special Duties and Intergovernmental Affairs  themed ‘Translating Global Goals into Local Businesses in Nigeria’ held 14th -15th September.

    According to the CEO, effective globalisation of local businesses requires collective efforts.

    In a statement signed by Abolade Ogundimu, Media Assistant to NC/CEO, AUDA-NEPAD/APRM Nigeria, Akobundu noted; “In order to take our cottage industries to global standard,  there is need for sub-national governments and private sector to partner with federal government in  the implementation of its policies and programmes.

     

    “Through mutual Partnership with major stakeholders,  the general public will be more willing to play their expected roles in the economic transformation agenda of the government.

     

    “This is not the time to complain on what should be done, it is time for every stakeholder to discharge assigned roles so that the society can transform to global standard in every aspect of development.”

     

    She commended President Muhammadu Buhari for coming up with various policies as she urged states and local governments to complement Federal Government’s developmental efforts for rapid growth.

     

    “All stakeholders should begin to work the talk in promoting Public-Private Partnership in order to achieve the Sustainable Development Goals and the AU Agenda 2063 of ‘Africa we want’.

     

    “The ongoing policy of President Buhari to lift 100 million people from poverty within 10 years, among others indicate his commitment to bequeath a greater Nation on the trajectory to meeting AU Agenda- 2063 ‘Africa We Want’ and UN SDG-2030.

     

    “Also, the ongoing Second Peer Review of the Country approved by President Buhari and conducted  by AUDA-NEPAD/APRM Nigeria is to enable the Nation look itself in the mirror to see where it was, where it is and where we want to be. The APRM is a veritable developmental tool.

     

    ” Successful completion of Nigeria’s Second Review will put it ahead of other West African States and fourth in the entire continent to have conducted Second Peer Review on APRM thematic areas which are Socio-economic Development; Democracy and Political Governance; Corporate Governance and; Economic Governance and Management.

     

    “All stakeholders should continue to work together to build a better Nation,  Continent and the world,” she said.

     

    Akobundu lauded Sen. George Akume,  Minister of Special Duties and Inter-Governmental Affairs for organising the summit, targeting grassroots development.

     

    Earlier, Vice President Yemi Osinbajo,  represented by Otunba Niyi Adebayo, Minister of Trade and Investment said rapid development at Local Government Level had been the focus of President Buhari-led administration,  calling for synergy among  State and Non- state actors at all levels of government.

     

    The National Executives of Association of Local Government of Nigeria (ALGON), National Union of Local Government Employees (NULGE) said the summit was capable of deepening development at the Local Government level across the country.