• Friday, April 19, 2024
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Nigeria joins, signs African pact on economic implementation

Nigeria joins, signs African pact on economic implementation
Amid growing interests on the outcomes of the forthcoming elections, Nigeria has agreed to join a major pact to support the focused delivery of its Economic Recovery and Growth Plan (ERGP) at the 3rd International Conference on the Emergence of Africa (ICEA) in Dakar, Senegal, January 19.
Convened by a network of African countries together with the United Nations Development Programme collaborating with the African Development Bank, the World Bank, and the Government of Senegal, the ICEA also marked the formal launch of the African Network of Presidential Delivery Units (ANPDUs), a high-powered intra-African body to focus on sustained and continued delivery and implementation of economic transformation programmes.
Leaning on the emergence of an increasing number of African economies into the fastest growing economies’ league, the ANPDUs is mandated to rapidly implement the sharing of successful practices on accelerating high-impact programs towards industrialisation, socio-economic transformation, and poverty alleviation.
The ICEA, attended by Presidents of several countries including the President of Malaysia, Mahathir Mohammed, Macky Sall of Senegal, Kenyatta of Kenya and the President of Mali, was anchored by a former Malaysian cabinet minister in charge of performance and delivery, Idris Jala, who is internationally recognised as an economic transformation and performance expert.
The 3rd Conference Internationale sur l’Emergence de l’Afrique, known in French as the CIEA III held at the Abdou Douof International Conference Centre in Diamniasio, Dakar, Senegal.
The CIEA is an intra-African platform of development exchange established with the primary aim of supporting the structural transformation of African economies, and exchanging best practices.
Over 12 countries including Nigeria, Madagascar, Kenya, Togo, Senegal, Benin Republic, and Ghana have joined the African Delivery Units Network that would leverage on global leading practices with support by leading development partners including the World Bank, United Nations and the African Development Bank.
The Nigerian Economic Delivery Unit in The Presidency was formally set up in 2017 to focus on implementation of the government’s economic recovery and growth plan, performance monitoring to the President, and resolving critical issues.
The co-ordinator of the Nigeria Economic Recovery and Growth Plan (ERGP) Implementation Unit, who is also a senior special assistant to the President of Nigeria, Folarin Alayande, represented the Nigerian government during the forum.