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We’ll End West Africa’s Era Of Missed Economic Opportunities — Tinubu

by Jonathan Nda-Isaiah
3 months ago
in News
Reading Time: 3 mins read
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President Bola Tinubu has restated the commitment of ECOWAS leaders to work towards reshaping economic diplomacy in West Africa and build a sub-region that works for all.

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He said the foundation was being laid through the trade liberalisation scheme, the West African power pool and the Abidjan to Lagos corridor – the planned 1,028-kilometer highway that will connect five West African countries – among others.

The President stated this on Saturday during a dinner organised for delegates attending the West African Economic Summit held at the New State House Banquet Hall, Presidential Villa, Abuja.

President Tinubu, who was represented by his deputy, Vice President Kashim Shettima, in a statement by his media aide, Stanley Nkwocha, on Sunday, made reference to the trend in other regions of the world, saying the West African sub-region’s economic story, which has been one of missed opportunity, will end soon.

“While Asia operates 60% within its borders and Europe 70%, Africa remains at a mere 15%. West Africa is sadly even less. Through mechanisms such as the trade liberalisation scheme, the West African power pool, and the Abidjan to Lagos corridor (The Abidjan-Lagos corridor is a planned 1,028-kilometer highway that will connect five West African countries), we have laid the foundation, but now, we must build,” he added.

The Nigerian leader noted that the inaugural West African Economic Summit is a declaration of intent and an initiative of his government to reshape economic diplomacy across West Africa, bringing together leaders across the region and visionary voices to deliberate on its future.

He said, “The summit, anchored by the deal room and a formal declaration, among others, represents a shift from aspiration to action and from talk to task. We are convinced today, more than ever, that the destiny of our region does not lie in the hands of government alone but in our ability to bring the private sector to the centre of our planning.”

President Tinubu emphasised the role of political leadership across Africa, noting that they were not here to complain but to facilitate.

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“That is the spirit in which we are gathered here tonight, to remind ourselves that in this region, commerce shall not be shortened by Customs delays or innovation strangled by policy incoherence. We are truly a West Africa that works for all,” he added.

Earlier in his remarks, the President of the ECOWAS Commission, Alieu Omar Touray, applauded President Tinubu’s leadership of the sub-regional body, acknowledging the commitment of the government of Nigeria to the peace and progress of West Africa.

He also thanked Nigeria for its support to ECOWAS and its various organs and institutions, noting that it underscores the country’s commitment to building a sub-region that works for all irrespective of socio-political background and ethnic affiliations.

On her part, the Minister of State for Foreign Affairs, Mrs Bianca Ojukwu, said the meeting of leaders and stakeholders in the business and economic sector represented a renewed commitment to a more prosperous West African sub-region by dismantling the impediments to its progress and development.

She outlined ongoing efforts by leaders collaborating with other stakeholders and partners to harness the potentials and the energy of youths in the region to prepare them for the task of advancing the interest of the people and its development aspirations.

Also present at the event were the ministers of Defence, Alhaji Mohammed Abubakar; Solid Minerals Development, Mr Dele Alake; Foreign Affairs, Amb. Yussuf Tuggar; Livestock Development, Alhaji Idi Mukhtar Maiha; delegates to the West African Economic Summit and representatives of development partners, among others.

Meanwhile, Vice President Kashim Shettima, on Saturday evening, also represented President Bola Tinubu at a dinner in honour of former Bauchi State governor, Alhaji Ahmadu Adamu Muazu, at 70.

Speaking at the birthday dinner held in Abuja, the Vice President extolled the qualities of Alhaji Muazu, describing him as “a statesman of the highest order who has shown restraint where many would have taken offence, extended a hand where others would have formed a fist.”

“In your years of stewardship, you turned challenges into blueprints and dreams into enduring legacies for the people of Bauchi State. You remain the grand architect; you proved that governance is not about the noise we make but about the lives we touch.

“Also, we will always remember you as a statesman who chose country over chaos and peace over provocation. We do not merely celebrate your age, we celebrate a lifetime of consequence,” the VP added.

Earlier in separate remarks, former President Olusegun Obasanjo and former Head of State, Gen. Yakubu Gowon (rtd), applauded the impact of Alhaji Muazu’s leadership in Bauchi State and his stewardship in other positions of authority, urging the coming generation of leaders to emulate his virtues of patience, service and sacrifice.

Also present at the event were former Vice President, Atiku Abubakar; Governor Dauda Lawal of Zamfara State; former Governors of Kano, Ibrahim Shekarau and Rabiu Musa Kwankwaso; Cross River, Chief Donald Duke; Taraba, Jolly Nyame; Sokoto; Ogun, Segun Osoba; Bauchi, Alhaji Isa Yuguda and Alhaji Mohammed Abubakar; Gombe, Dajuma Goje; former Speaker, Yakubu Dogara, and associates of the celebrant, among others.

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