Economy

Nigeria Endorses AU Institutional Reforms, Pledges Support for Peace, Security, and Development Initiatives

Share
Share

ADDIS ABABA — Nigeria has formally endorsed the African Union’s proposed institutional reforms, focusing on peace and security governance, democratic consolidation, and enhanced cooperation with international financial institutions and the private sector.

Vice President Kashim Shettima, representing President Bola Ahmed Tinubu, presented Nigeria’s position during a closed session of the 39th Ordinary Session of the AU Assembly of Heads of State and Government in Addis Ababa, Ethiopia.

Nigeria also supported restructuring proposals aimed at improving domestic and regional resource mobilisation for affordable development financing, alongside a continental framework to reduce inequality through credible data, social protection, productive jobs, and inclusive industrial policies.

On maritime security and transnational crime, Shettima commended the AU Peace and Security Council for endorsing the Combined Maritime Task Force for the Gulf of Guinea as a standby force, pledging Nigeria’s full support. “As the host of the headquarters of this taskforce, Nigeria will provide infrastructure, ships, helicopters, and temporary staff to ensure its effectiveness,” he said.

Regarding the Peace and Security Council membership criteria, Shettima supported eligibility clauses and stronger coordination with regional economic communities and the C-10 Committee on UN Security Council reform.

On democracy, Nigeria backed reforms to strengthen continental democratic institutions and welcomed the lifting of AU suspensions on Gabon and Guinea following the completion of their political transitions. “We call on other countries with protracted political transitions to follow this approach,” Shettima said.

Shettima also emphasised Africa’s mineral wealth as a driver for industrialisation and structural transformation, advocating local processing, manufacturing, and technology development. He supported regular briefings by African mining ministers, private sector participation in agriculture, and food systems transformation, especially for smallholder farmers, women, and youth.

Nigeria’s endorsement underscores its commitment to AU reforms aimed at sustainable development, security, and continental integration.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
EconomyPolitics

Nigerian Analyst Challenges US Assessment of Federal Fiscal Transparency

A prominent Nigerian legal practitioner and public affairs analyst has mounted a...

EconomyEntertainmentMetro

Mr Eazi’s Choplife Sets Up Base in Itana Digital Special Economic Zone to Scale African Creative Business

Nigerian musician turned entrepreneur Oluwatosin Ajibade, widely known as Mr Eazi, is...

Economy

Senate Issues 48 Hour Ultimatum to Four Oil Companies Over NEITI Audit Queries

Four major oil companies operating in Nigeria now face a critical deadline...

Economy

Inflation Data and Consumer Spending Take Center Stage as Markets Eye Fed Policy Shift

While many traders escape to summer vacations, financial markets face a pivotal...

EconomyWorld

UK economy shows resilience with expected second quarter growth despite Iran war pressures

Britain's economy is on track to deliver another quarter of growth despite...

Economy

Oklahoma Tribal Finance Leaders Celebrate Decade of Growth with Black Tie Masquerade Gala

Oklahoma's tribal finance leaders will don masks and formal attire this October...

Economy

Consumer Spending Slowdown Threatens Job Market Growth as Inflation Bites

America's job creation engine is losing steam as inflation weary consumers increasingly...

EconomyMetro

Senate probe into oil sector audit hits roadblock as CBN, NDDC and NUPRC skip hearing

A high stakes Senate investigation into Nigeria's oil and gas sector transparency...