In a candid address to the world yesterday, President Bola Tinubu called for genuine partnership for Nigeria and Africa's development, rather than cosmetic
Tinubu drew parallels to the post-World War II era when nations came together to rebuild societies, highlighting the need for international support for Africa’s development, in line with the spirit of the Marshall Plan.
“In the aftermath of the Second World War, nations gathered in an attempt to rebuild their war-torn societies. A new global system was born and this great body, the United Nations, was established as a symbol and protector of the aspirations and finest ideals of humankind. “We realize that underlying conditions and causes of the economic challenges facing today’s Africa are significantly different from those of post war Europe.
Tinubu highlighted the challenges of battling violent extremists in the region and emphasized the need for international cooperation to address this threat. According to him, to foster economic growth and investor confidence in Nigeria, he removed the costly and corrupt fuel subsidy while also discarding a noxious exchange rate system in his first days in office.“I am mindful of the transient hardship that reform can cause. However, it is necessary to go through this phase in order to establish a foundation for durable growth and investment to build the economy our people deserve.
Tunubu affirmed democratic governance as the best guarantor of the sovereign will and well-being of the people and deplored the resurge of military coups as well as civilian political arrangements that perpetuate injustice. “Yet, thousands risk the Sahara’s hot sand and the Mediterranean’s cold depths in search of a better life. At the same time, mercenaries and extremists with their lethal weapons and vile ideologies invade our region from the north.
Tinubu went on: “Many such areas have become catacombs of misery and exploitation. The Democratic Republic of the Congo has suffered this for decades, despite the strong UN presence there. The world economy owes the DRC much but gives her very little. The mayhem visited on resource rich areas does not respect national boundaries – Sudan, Mali, Burkina Faso, CAR, the list grows.
He noted that climate change severely impacts Nigeria and Africa, pointing out that Northern Nigeria is hounded by desert encroachment on once arable land while Southern Nigeria is pounded by the rising tide of coastal flooding and erosion, while in the midlands, the rainy season brings floods that kill and displace many.
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