President Buhari says corruption freezes development

Ben Adam Shemang, Abuja

President Muhammadu Buhari speaking at the 71st Session of the UN General Assembly in New York, US.

President Muhammadu Buhari has told world leaders that corruption freezes development and undermines the attainment of the Sustainable Development Goals (SDGs).

Presenting Nigeria’s Statement at the 71st Session of the United Nations General Assembly in New York, on the theme, “Sustainable Development Goals: a Universal Push to Transform the World,” the President restated that “fighting corruption remained a cardinal pillar” of the current administration.

President Buhari said that Nigeria remained committed to achieving the SGDs, which he noted, “underscore the imperative for our collective will towards finding enduring and sustainable solutions to addressing global disparities.”

He also expressed delight that the anti-corruption campaign had started yielding positive dividends including significant recovery of stolen assets.

“The recovered funds are being channelled towards the development of critical infrastructure and the implementation of social inclusion programmes for our people,” President Buhari said.

He stated that the capacity of government agencies was being strengthened to institutionalise reforms that will ensure transparency and good governance.

According to the president, Nigeria will continue to call for speedy and unconditional recovery of illicit assets stashed abroad. He stressed that “Nigeria supports the development of an international legal framework to enforce anti-corruption measures and strengthen existing international institutions to effectively deal with corrupt practices.”

While acknowledging that Nigeria is not spared the adverse effects of the current global economic downturn, the President noted that his administration remained undeterred and has embarked on comprehensive diversification reforms by shifting emphasis to non-oil sectors of “mining, agriculture, industrialisation, infrastructure development and the creation of the enabling environment for Foreign Direct Investment.”
“Our strategic objective is to stimulate the economy, restore growth and accelerate recovery. In doing this, we are taking measures to reducing the cost of governance and increase expenditure on infrastructure and ensure environmental best practices,”
President Buhari explained.

On Climate Change, according to the President, Nigeria is proud to have been part of the process leading to the adoption of the Paris Agreement in December 2015 and supports the African Union initiative on the Great Green Wall to halt desertification.

While attributing the drying up of Lake Chad to the negative consequences of Climate Change, he called for global support to raise $14 billion US Dollars being the estimated cost of restoration of the Lake over a five-year plan.

The President said it was in furtherance of the country’s commitment to environmental sustainability that Nigeria launched the cleanup of Ogoniland, even as he called on development partners and multinationals to contribute to the Ogoniland Restoration Fund.

President Buhari also stated Nigeria’s position on flow of migrants, statehood for Palestinians in conformity with Security Council resolutions; the vital role of youth to national development; nuclear security and the reform of the United Nations Security Council to give Africa adequate representation.

“Nigeria stands ready to serve Africa and the world on a reformed Security Council to advance international peace and security,” the President declared.