NEPAD boss urges strategic partnership to mitigate economic effect of Covid-19

The National Coordinator, African Union Development Agency-New Partnership for Africa’s Development/ African Peer Review mechanism (AUDA-NEPAD/APRM) Princess Gloria Akobundu, said Nigeria can tackle economic impact of the global coronavirus pandemic through strategic Public Private Partnership (PPP).

In a statement signed Friday in Abuja by her Media Assistant Abolade Ogundimu, Akobundu, while featuring as a Speaker on a virtual conference organised by Pristine Ecologistics Cloud-based conferencing platform on the theme: “Leveraging COVID-19 disruptions for economic growth in Africa” stated the need to overcome the virus and cushion its effect on the nation.

According to her, “There is need for bottom-top approach in strategic partnership, focusing on grassroots challenges to get lasting solutions to COVID-19 and other national challenges.

She said, ” If agricultural sector receives more partnership support in production, processing and packaging of farm outputs, larger ratio of unemployed population can be gainfully engaged while agricultural wastages can become income.

“Self-sufficiency in food production is a success for a nation of over 200 million population, but the nation cannot afford to rest on its oars,” she said.

The CEO stressed further the need for adequate partnership in primary health subsector,  adding that this would not only lead to standard healthcare system, it would also help to upgrade indigenous therapy.

“Provision of more technology hubs with basic ammenities can also be another means of channelling our youths’ energies towards National development which leads to global prominence,,” she said.

” Due to importance of power to the nation, abundant resources in every location should be considered in order to solve power problem.

“Gven the abundance of resources, recent prediction of World Bank that Africa would experience between -2.5%  to -5.1% recession at the end of COVID-19 pandemic should not be experienced by Nigeria,” she added.

AUDA-NEPAD/APRM  Boss featured along with Ambassador Jerome Ringo, Goodwill Ambassador, Pan- African Parliament and founder, Zoetic Energy from U.S.

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