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Independentng.com homepage - Home of Independent Newspapers Nigeria LimitedI never took a break from acting - Keppy

Last Updated: Saturday, October 23rd, 2004 HOME | Previous Page

Obasanjo urges developed nations to fulfill promises to Africa

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President Olusegun Obasanjo Friday in Johannesburg, South Africa urged developed nations to fulfill their pledges of support for the New Partnership for Africa’s Development (NEPAD).

Speaking at the opening session of the NEPAD Multi-Stakeholder Dialogue, President Obasanjo said that promises of support that had been made by the Group of Eight Industrialised Nations at their recent summits in Kananaskis, Evian and Sea Island “have not been actively and successfully followed up.

“It is very troubling that our development partners are not seen as keeping sufficiently to their promises. By not keeping their promises to assist NEPAD, our partners will unwittingly be fulfilling the doubts raised at the beginning by some observers. If the millennium development goals are to be met, the political will must be generated to support NEPAD and Africa.

“While we are thankful for the small mercies of the HIPC debt policy as well as the renewal of AGOA, there are other critical substantive policies that need to be put in place to enable Africa build the capacity to respond to globalisation, take care of internal challenges and participate in the global economy as effective partners.

“We need a lifeline to get out of the pit. Let our call be adequately and timely answered,” President Obasanjo told NEPAD stakeholders assembled at the  Sandton Convention Centre in Johannesburg.

The president told the gathering of stakeholders that the adoption of NEPAD as a programme of the African Union indicated “a new determination, a new vision and a new commitment to the transformation and repositioning of Africa.

He emphasised that the successful implementation of the NEPAD agenda would require more support from Africa’s development partners targeted at “definitive, implementable and measurable programmes.”

President Obasanjo said that virtually all African countries were undertaking reforms aimed at repositioning themselves for growth, stability, development and democratisation, but noted that “resources are still scarce while needs are ever increasing”.

“In this context, I call for more support for our political initiatives, debt relief especially for all African countries, more investment, especially in capital intensive projects, infrastructure and capacity building,” President Obasanjo concluded.

 


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