So what happened with the poverty fighting programs we have had in Nigeria, Ghana and across Africa. In Nigeria, for example, we have had programs like Operation Feed the Nation, Directorate of Food, Roads and Rural Infrastructure,The National Directorate of employment, Family Support Program and yes, NAPEP, the National Poverty Eradication Program, probably the most promising of all the programs but which was inexplicably and clearly erroneously scrapped. So what happens now? The United Nations has recently come up with its Sustainable Development Goals (the so-called SDGs). Ok let Africa then see how it can key into the SDGs and hopefully become more globally competitive. Clearly, Sub-Saharan Africa has made significant progress in the last decade, albeit dented in the last couple of years as commodity prices suffered, exposing the grievous inability of Africa add more value to its agricultural and other commodities. Fortunately a good message on competitiveness and self reliance is coming S we have seen from key leaders like President Nana Akufo Addo and Paul Kagame. Nigeria with is anchor borrowers program championed by itâ€™s Central Bank and supported by President Buhari appears also ready to produce, add value and export more. This is a good thing. I think pursuing the attainment of the 17 SDGs is important, but it must be aimed at ending poverty by being more globally competitive in the production of goods and services. And this will happen when the leadership is hands on. The time has come to look away from development assistance and handouts. What will work is attractive conditions for global business and the determination to be globally competitive. This is how you end poverty. I am Magnus Kpakol and that's my view.
Posted: Oct 17th, 2017 @ 08:45:39 AM