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Amina Mohammed: Africa, the Best Investment Proposition of 21st century
Amina Mohammed: Africa, the Best Investment Proposition of 21st century
By: Michael Mike
United Nations Deputy Secretary-General Amina Mohammed has observed that Africa is the best investment proposition of the 21st century, in view of its natural resources, arable land and massive population.
She said: “The long term structural endowments of our continent are as strong as ever, most of the world’s natural resources are in Africa and 60% of the world’s arable land and a massive population of motivated youth, Africa is the best investment propositions of the 21st century.”
She gave the verdict at the second edition of the Africa Social Impact Summit co-convened by the Sterling One Foundation and the United Nations in Nigeria, and held in Lagos.
According to a statement on Tuesday, she cautioned that investment in Africa must go beyond extracting raw material, and emphasized that “It must build the roots of a modern economy, hard and soft infrastructure alike, and this must include bold investments into Africa’s strongest asset, its people at the continental, national and local levels.”
Mohammed advocated for channeling massive, targeted investments into youth development, local employment and employability, climate smart solutions, education, health, renewable energy and improved water and sanitation facilities.
However, she cautioned that it would require the private and public sectors working together to scale the necessary financing instruments, guarantees de-risking mechanisms, to strengthen Africa’s development finance network and its institutions.
Lagos State Governor, Babajide Sanwo-Olu, stressed the need for all to come together with a renewed spirit of collaboration, innovation, and determination, to build a prosperous and sustainable Africa for all.
Sanwo-Olu, who was represented by his Deputy, Dr. Obafemi Hamzat, said that the various projections suggested that Africa would be home to over half of the world’s poorest people by 2030, and that alone underscored the urgency and importance of the summit and the work all needed to do.
“I call upon the private sector, with its scale, sustainability, and innovation, to take the lead in driving change. We must harness the strength of our multi-stakeholder partnerships and leverage enterprise-driven innovations to create impact ecosystems that foster inclusive growth and recovery.” The Governor said.
The Chief Executive Officer of Sterling One Foundation, Olajeju Ibekwe, disclosed that the second edition of the Africa Social Impact Summit was a marked improvement on the 2022 edition.
She said: “I am also humbled by the intentionality of the private sector to own the sustainable development goals and move the needle. We are grateful to the partnership of the United Nations as our co-convenor for this conference.”
Ibekwe expressed hope for several partnerships and innovations to emerge from the summit, adding that: “And we are also looking forward to existing social impact initiatives in different rural communities, accessing more resources, multilevel resources to be able to do more and spread their impact from communities to communities across the Africa.”
Earlier, the UN Resident and Humanitarian Coordinator in Nigeria, Matthias Schmale, emphasized that “You can’t do business on a dead planet. Africa’s private sector can be a catalyst for change, supercharging our trajectory towards the 2030 Agenda.”
To achieve the pace and scale of transformative change that the world needs, Schmale noted that private sector investments must not just be motivated by profit but by considerations of what would have the greatest social impact.
He urged the CEOs and investors to embed sustainability into their decision making and align their business practices with the SDGs.
The theme of the Summit held on 10 – 11 August 2023, was ‘Global Vision, Local Action: Repositioning the African Development Ecosystem For Sustainable Outcomes.’
Amina Mohammed: Africa, the Best Investment Proposition of 21st century
KOGI YOUTHS CALL ANTI-AKPOTI-UDUAGHAN’S CAMPAIGNERS ENEMIES OF DEMOCRACY
· URGE NIGERIANS TO IGNORE ODODO, FANWO
· MOVE TO PREVENT KOGI CENTRAL SENATOR’S FOES FROM COMMITTING SUICIDE
By: Michael Mike
Youths in Kogi Central on Friday pounced on the Commissioner for Information and Communication, Mr Kingsley Fanwo.
‘’The comments made by Kingsley Fanwo are offensive, bigoted and disgusting’’
They also described Governor Ododo as ‘’a man who can’t stand on his own feet without crutches.
‘‘Senate President, Godswill Akpabio, Governor Ahmed Usman Ododo and Yahaya Adoza Bello ought to know that in a contest at the grassroots level, they have not the ghost of a chance to win in Kogi Central’’
The youths in a statement in Okene advised Fanwo to tame his appetite for falsehood against Akpoti-Uduaghan.
‘’Kogi Central constituents represent a variety of viewpoints and temperaments. The home coming of Senator Natasha Akpoti-Uduaghan shows how faithful the Kogi Central people are to the true spirit of democracy and Senator Natasha Akpoti-Uduaghan’’.
The statement issued by Kogi Central Youth Forum Chairman, Alhaji Abubakar Jato scolded Fanwo for penciling a chit to the public, insulting civilization and presenting a shrouded and remote figure at the peak of an unintelligent bureaucracy as a responsible person.
‘’Nothing is more important for a politician than to command the necessary abundance of understanding and loyalty on the part of the people’’
They described the Ododo government as a model of poor administration.
‘’Kingsley Fanwo’s comments on Akpoti-Uduaghan are distasteful and provocative. The APC leaders in Kogi State are officious people. They need to imbibe the values and ideals of civilization and democracy’’.
Specifically, the youths applauded the Kogi Central senator for her patriotism, leadership style and tactful politesse.
‘’The senate president is not a person. It is an institution. Senator Godswill Akpabio should not jeopardize the institution’’
They denounced the absurd idea that Akpoti-Uduaghan’s home coming was to create crisis in the state.
The youths added that the future of Nigeria, particularly Kogi State lay with politicians who realized that the people are more interested in government than politics.
‘’We urge the public not to pay attention to what the Commissioner for Information and Communication is saying’’
The statement stressed Akpoti-Uduaghan’s simplicity, personal charm, courage and bubbling nature.
‘’Our task is to prevent those behind Akpoti-Uduaghan’s suspension and recall from committing suicide’’
KOGI YOUTHS CALL ANTI-AKPOTI-UDUAGHAN’S CAMPAIGNERS ENEMIES OF DEMOCRACY
Six Arrested as Farmers, Herders Clash in Adamawa
By: Zagazola Makama
The Adamawa State Police Command has arrested six suspects following a clash between farmers and herders in Waduku, Lamurde Local Government Area, which resulted in injuries to a villager and 11 cattle.
Sources told Zagazola Makama that the incident occurred around 4:30 p.m. on April 2 when some herders allegedly trespassed into a rice farm and caused damage to the crops.
In retaliation, angry youths from the village attacked the herders, injuring their cattle and wounding one person identified as Righteous Boti from Nzumoso Village.
Security personnel visited the scene and held an emergency meeting with local stakeholders to prevent further escalation of violence.
The arrested suspects include Rabo Buba, 31; Ahmadu Adamu, 20; Stephen Pwagwadi, 17; Shadrach Simon, 19; Lot Gad, 20; and Righteous Boti, 27.
The injured individuals received treatment at the Tingno Primary Health Care Clinic and have since been discharged.
Six Arrested as Farmers, Herders Clash in Adamawa
Suspected Thief Dies After Being Beaten by Man O’ War officer, in FCT
By: Zagazola Makama
A suspected thief in the Federal Capital Territory (FCT) has died after being beaten by a security officer following his apprehension on April 2.
A Police sources said that a distress call was received at Karu Division about a suspected thief seen around Supreme Quarters in Karu at approximately 1:00 p.m.
The suspect was approached by security personnel who believed him to be involved in theft. When questioned, the suspect attempted to flee but was quickly chased and apprehended by civilian security personnel.
Kola Oba, a Man O’ War officer, then reportedly took the suspect into custody and subjected him to severe physical abuse. The suspect later succumbed to the injuries sustained during the beating and passed away.
The sources said that the Police detectives were dispatched to the scene, and photographs were taken. The body was subsequently transported to the hospital mortuary for preservation.
The suspect’s identity remains unknown, and efforts are underway to locate his family. The officer involved has been arrested.
Suspected Thief Dies After Being Beaten by Man O’ War officer, in FCT
VP Shettima Departs Abuja For Dakar To Represent President Tinubu At Senegal’s 65th Independence Anniversary
KOGI YOUTHS CALL ANTI-AKPOTI-UDUAGHAN’S CAMPAIGNERS ENEMIES OF DEMOCRACY
President Tinubu Laying Foundation For A Better Nigeria, Says Hajiya Nana Shettima
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