Stakeholders have stressed the need for Nigeria and the rest of Africa to embrace democracy and political governance, economic governance and management corporate governance and socio-economic development.
This is just as the National Assembly and the Council for New Partnership for Africa Development (NEPAD) have begun the 2nd African Peer Review Mechanism (APRM).
Stakeholders, including Chairmen of Senate Committee on Integration and Cooperation in Africa, Chimaroke Nnamani, and his House of Representatives counterpart, Umar Bago at a legislative roundtable in Abuja on Wednesday said the benefits of a fresh peer review are to encourage better governance in Africa.
Read also: NEPAD seeks Nigerian lawmakers support to tackle poverty, reform
In a keynote address, Gloria Akobundu, National Coordinator/Chief Executive Officer of the AUD-NEPAD/APRM, said the four primary objectives of AUDA-NEPAD were to eradicate poverty, promote sustainable growth and development, integrate Africa into the world economy, and accelerate the empowerment of women and youths amongst others.
Akobundu said: “the transition of NEPAD to AUDA is part of the measure to strengthen the effective operation of AU agencies for effective implementation of AU-Agenda 2063 and UN-SDGs in building the Africa we want.
“AUDA-NEPAD facilitates and coordinates the development of continent-wide programmes and projects, mobilises resources.
She stated that the APRM review process is based on a country’s performance which is assessed in the APRM’s thematic areas.
“Nigeria in its effective implementation of the National Programme of Action (NPoA) in the four thematic areas of the APRM, is currently embarking on the Second Cycle Review following the Africa Governance Report of 2019.
“The adoption of the Heads of States and Government of the African Union at the 28th Summit of 9th February 2019 on the need to promote, strengthen and increase the effectiveness of governance standards for socio-economic development”, Akobundu added.
