In New York, Buhari Launches Integrated Financing System

President Muhammadu Buhari has said that for Nigeria and indeed Africa as a whole, achieving the SDGs will mean ending poverty and hunger, safeguarding the nation’s ecosystem and the planet and ensuring Nigerians live in peace and prosperity by the year 2030.

This was contained in the address by President Buhari Friday in New York at the strategic High Level Event to mark the official launch of the Nigeria Integrated National Financing Framework Report on Sustainable Development (NIFF), on the sidelines of the 77th United Nations General Assembly (UNGA).

Stressing the importance placed by the present administration towards achieving this, President Buhari in a statement by his media aide, Femi Adesina, said: “It is pertinent to state that achieving inclusive, broad-based and sustainable development is a cardinal objective of our Administration.

“It is for this purpose that the Federal Government of Nigeria established a number of ambitious programmes in an attempt to accelerate the achievement of the SDGs in Nigeria.

“The Office of the Senior Special Assistant to the President on SDGs has continued to provide technical leadership in the operations of the SDGs at all levels of governance in Nigeria.”

He expressed delight that the process leading to the NIFF which started in 2020 finally crystalized into Friday’s memorable activity.

“Today’s event marks the end of a long process which began in 2020, when the Steering Committee and the Core Working Group on Nigeria’s Integrated National Financing Framework were inaugurated. The Integrated National Financing Framework has been developed to map out a much-needed sustainable financing plan for Nigeria to deliver on our commitment to the SDGs and our National Development aspirations,” he said.

President Buhari explained that the various developmental plans and programmes for the country have all been aligned with the SDG and are poised to move the economy to greater heights despite the challenges that have confronted the country.

“Despite the challenges caused by the sharp drop in the prices of crude oil and the COVID-19 pandemic, Nigeria has remained resolute in our genuine desire to maintain and grow our economy.

“The 2017-2020 Economic Recovery and Growth Plan; the 2020 Economic Sustainability Plan; the 2021 National Poverty Reduction with Growth Strategy; and the 2021-2025 National Development Plan are all aligned with the SDGs.

“It is in line with this commitment and with a focus on the National Development Plan (2021-2025) that, the Federal Government of Nigeria, with the support of the United Nations Development Programme, has adopted the INFF as a tool to improve SDGs financing without increasing public debt and contingent liabilities to levels that will be detrimental to economic sustainability,” he added.

Rallying Nigerians, International Community and Development Partners behind this new development, the President assured stakeholders of its immediate implementation.

In her remarks, the Senior Special Assistant to the President on Sustainable Development Goals, Princess Adejoke Orelope-Adefulire said the United Nations had particularly praised the Nigerian government for the implementation of the action plans of Nigeria, putting Nigeria ahead of many countries.

She added that in August, Nigeria became the “first country in the Global South to have successfully completed a Country-led Independent Evaluation of SDG-3 on ‘quality health and well-being for all’ and SDG-4 on ‘qualitative and inclusive education and lifelong learning for all’.”

Mrs Orelope-Adefulire said the Office of the Senior Special Assistant on SDGs also collaborated with the National Bureau of Statistics to track progress on the 230 Key Performance Indicators on annual basis, ascribing the successes to the unflinching support of President Buhari.

The Presidential aide explained that she was also working with some state governors to “integrate Sustainable Development Goals into their policies, programmes and budgets,’’ hoping that before the end of the current administration all the states would be covered.

Goodwill messages were delivered by the Minister of Finance, Budget and National Planning, Mrs Zainab Shamsuna Ahmed, Deputy Secretary General of the United Nations, Amina J. Mohammed, the European Union and Development Partners.