Vice-President Yemi Osibanjo laid emphasis on African Development replying on Good Governance
On African Development – According to a statement on Saturday by his Senior Special Assistant on Media and Publicity, Mr. Laolu Akande, the Vice President said this in a lecture titled “The Challenges of Human Development in 21st Century Africa” which he delivered at the Oxford University, United Kingdom, on Friday.
Osinbajo said human capital development must be a priority of public policy of governments across Africa to effectively tackle poverty and improve long-term development on the continent.
- Gunmen attack Akwa Ibom governor’s former aide
- 30 filling stations in Benin shut down for cheating customers
- Buhari Speaks on Nigeria Unity: Sends warning Out
STILL ON AFRICAN DEVELOPMENT BY VP OSIBANJO
I shared all of these and more at a Lecture titled "The Challenges of Human Development in 21st Century Africa", at the inauguration of the African Studies Centre's International Advisory Board in Oxford School of Global and Area Studies, University of Oxford. pic.twitter.com/ilHRNqSxZp
— Prof Yemi Osinbajo (@ProfOsinbajo) October 13, 2018
“All over Africa, the political will to better the lot of our restive populations is evident, innovative ideas are also in abundance; if we keep our focus, especially on good governance, the next two decades may truly be the African decades,” he said.
Osinbajo highlighted ongoing efforts of the Nigerian government and the progress it has made in improving the country’s Human Capital Development indices and investment climate, as well as the impact of the National Social Investment Programmes.
He said while non-governmental and philanthropic organisations help to bridge development gaps through various interventions, governments have a major moral duty to ensure human capital development is its major priority as tackling poverty will boost growth and development across different sectors.
“Governments are also best placed to deploy the public policy tools required to bring about synergy between growth objectives and social needs,” he said, while calling on African governments to prioritise investments in its people.
He said the present administration’s N-SIP was among its far-reaching policies in this regard, noting that it will continue to make policies and initiatives to improve human capital development in Nigeria.
The Vice President noted that a major plank of the Federal Government’s approach to empowerment “is to improve financial inclusion.”
“Our Government Enterprise and Empowerment Programmeis an important tool for financially empowering small businesses, artisans, market women, petty traders, and table top traders,” he said.
JOIN US ON OUR SOCIAL PLATFORMS