The African Development Bank (AfDB) has called on Africans to stand together and effectively manage the continent’s vast resources to create wealth and improve lives. Vice-President and Chief Economist, Kevin Urama, emphasized the need for collective action and efficient resource management. The graduation ceremony marked the completion of the African Development Executive Training Programme, which focused on enhancing accountability, transparency, and curbing corruption in public finance management.
The African Development Bank (AfDB) has called on Africans to stand together and effectively manage the continent’s vast resources to create wealth and improve lives. Speaking at the graduation ceremony of the first cohort of the African Development Executive Training Programme, Vice-President and Chief Economist, Kevin Urama, emphasized the need for collective action and efficient resource management.
“Africans must stand together to mobilise and efficiently manage the resources required to enhance productivity and create wealth in Africa for Africans,” Urama declared. He addressed the graduating class of 52 public officials from 26 African countries, who completed the 18-month program focused on enhancing accountability, transparency, and curbing corruption in public finance management (PFM). The event marked the graduation of the inaugural cohort from the AfDB’s Finance Management Academy (PFMA), a pioneering initiative aimed at promoting transparency, accountability, and the curbing of corruption and illicit financial flows across Afric
African Development Bank Resources Wealth Accountability Transparency Corruption Public Finance Management
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ministry of Solid Minerals Development Launches Revised Guidelines for Community Development AgreementThe Ministry of Solid Minerals Development has launched revised guidelines for the production of the Community Development Agreement (CDA), a legal document that ensures the transfer of socio-economic benefits to mining host communities. The guidelines aim to address the increasing expectations of communities for immediate and future benefits from mining companies.
Read more »
Minister of Works and Minister of Steel Development to Collaborate on Road Infrastructure DevelopmentMinister of Works, Engr. Nweze David Umahi and the Hon Minister of Steel Development, Shuaib Audu have resolved to synergize and strategize in tapping into the opportunities in Ajaokuta Steel Plant for the development of road infrastructure in Nigeria.
Read more »
Vice President Approves Committee for Human Capital Development ProgrammeVice President Kashim Shettima has approved the constitution of a multi-sectoral committee to drive the goals of the Human Capital Development (HCD) programme. The committee, made up of federal and state governments, donors, and partners, will meet every two weeks to review progress.
Read more »
Vice President Shettima Convenes Meeting on Human Capital DevelopmentVice President Shettima has convened a meeting with key stakeholders in the human capital development sector, including business moguls Alhaji Aliko Dangote and Tony Elumelu, to discuss the goals of the Human Capital Development programme. A multi-sectoral committee has been approved to pilot the programme's objectives.
Read more »
Nigeria's National Automotive Industry Development PlanThe Jonathan administration introduced a plan in 2014 to promote local manufacturing and assembly of vehicles in Nigeria. The plan aimed to boost the economy, create jobs, and reduce reliance on imported vehicles. Over 40 firms invested $1 billion to establish automobile manufacturing/assembly plants in the country.
Read more »