Politics
Africa’s Economic Transition Depends On Good Governance – Biden
President of the United States of America, Joe Biden, has called on African leaders to invest in an economy that can withstand the kind of global shock presented by COVID-19 pandemic, saying the economic transition of the continent depends on good governance.
Speaking during the US-Africa Business Forum, Biden said that the U.S. government is committed to supporting inclusive African growth and democracy.
He announced the U.S. commitment of $350 billion to facilitate African participation in the digital economy, noting that such a commitment will help small businesses, women in business, and underserved areas in such a way that no one is left behind.
He disclosed that the summit, which brought together over 300 businesses from Africa and the U.S., was not just about networking but building connections, closing deals, and promoting shared value.
“We understand that mutual relationships are essential to collective growth and there are a lot of progress we can make if we do it together. The partnership is about sharing success and opportunities. When we both succeed, the whole world succeeds”, he said.
He hinted that the whole world is still battling with the impact of COVID-19 on economics and climate change. “These challenges will need the contribution of Africa. We can’t solve global challenges without African leaders at the table. African ideas and innovation will help in shaping and providing solutions to global challenges”, he said.
He said that as part of U.S. intervention in Africa, over 231 million doses of vaccine were delivered to 49 African countries.
“We also invested in Africa’s capacity to manufacture its own vaccines so that they can meet their own needs and contribute to the global supply chain.”
“We also invested in food security through the Feed the Future programme. We are also committed to strengthening democracy in Africa, which is the basis for freedom and opportunity. We are committed to supporting any aspect of Africa inclusive growth”, he added. He hinted that the investment that the U.S. and Africa make together will be concrete proof of the beginning of a lot of things they are going to be doing together.
Politics
LP Crisis: Ex-NWC Member Dumps Dumps Abure Faction
Mr Ojukwu, who recently returned to the interim National Working Committee led by Senator Esther Nenadi Usman, noted that the party had 34 elected members in the House of Representatives, eight Senators, and 80 members at the state Houses of Assembly after the 2023 general elections.
“Now we lost all of them,” he said. “I don’t think we have as many as five members in the National Assembly.”
The former national officer of the LP talked to journalists in Abuja and said he chose to join the caretaker committee led by Senator Nenadi-Usman because they are now the officially recognized leaders of the Party.
“I chose to work with the caretaker committee to help save the Labour Party, for the benefit of the party. I also want to use this chance to ask my colleagues at the national, state, and local government levels to come together and help rebuild our party.
“Another election is around the corner. We lost everything we have. They have left to other political parties. So I’ll reach out to all my friends in the other group to get together and work on making this party stronger again.
“The caretaker committee has formed a reconciliation committee. Let’s come together and talk so that we can restore the first opposition political party in Nigeria.”
Mr Ojukwu, who was part of the Julius Abure’s group, said there are no more factions in the LP.
He added, “There is a court ruling, and since it is valid, the right people are in the correct positions.”
He urged Barr Abure and others to drop the legal cases they have filed because they are not helping the party.
“Litigations are killing political parties”, he said. “They’ve seen many political parties disappear because of legal battles, and the Labor Party is losing support every day, which makes me feel sad.”
Mr Ojukwu said he did not think joining the Senator Nenadi-Usman’s NWC was a betrayal of the Abure group, describing himself as “the oxygen” of that faction.
“I’m with this group because of the verdict. But I never betrayed anybody. Rather, I was betrayed,” he added.
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