Osinbajo Canvasses Closer Cooperation Among Developing Nations Deji Elumoye in Abuja Vice President Yemi Osinbajo, yesterday, said the current trend in the global economy, climate change and the Ukrainian con
Vice President Yemi Osinbajo, yesterday, said the current trend in the global economy, climate change and the Ukrainian conflict – all presented opportunities for closer ties among developing economies especially, in refocusing attention on trade and energy access for the benefit of the people.
Speaking on the need for closer ties among developing countries such as those in the D-8, Osinbajo stressed that this was an important time for member-countries to focus on the critical issues – trade and energy. According to him, “I see that the D-8 is trying to build a payment system. I think that this is one area that we can, very quickly, move things along. This is one of the areas you may be looking at, especially engaging Nigerian banks to see in which ways they can function within the AfCTA and all our partners and member countries of the D-8.”
Commending the work done by the organisation in the area of social protection and health, especially, with the response to the COVID-19 pandemic, the vice-president said, “I thought that was an excellent opportunity to bring countries together to look at the common problems,” adding, “We shouldn’t lose the platform that was created especially, in addressing public health challenges like getting vaccines. Even local manufacture of drugs, we have to develop that capacity.
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