Challenges African leaders on cashless economic development formula – The Sun Nigeria



The Governor of Akwa Ibom State, Mr. Udom Emmanuel, challenged African leaders to explore ways to generate other types of finance than cash to develop their countries.

Governor Emmanuel is said to have launched the challenge while delivering a keynote address at the 17th Africa Security Monitoring Conference at the Sir Dawda Kairaba Jawara International Conference Center in Banjul, The Gambia this weekend.

According to a press release from the State Information and Strategy Commissioner, Comrade Ini Ememobong, made available to the Daily Sun in Uyo this weekend, Emmanuel said; “Money is limited, but money is unlimited and it can be created.”

“When Ibom Air was started, my state government did not use cash, we used cash. We could not have started the airline with cash, because we didn’t have any, but we created money and today, many years in a row, we are the only sub-national on the continent to have a commercial airline, which is doing very well.

“Even the Gambian government approached us to create a road to Banjul. African leaders must therefore use money, not cash, as the basis for development. As long as development is not achieved, insecurity cannot be eradicated.

“African countries must stop adapting exogenous constitutions; we need a local democratic style that reflects our environment and our culture. Until this is done, democracy cannot sustainably thrive here. said the governor.

On security issues, the Governor asked African leaders challenged to be tougher and smarter if criminals get tough, said, “I believe when criminals get tough.

“Until the leaders are smarter and get the criminal elements under control, security will not be assured.

“Africa cannot achieve the growth we want through investment until we solve the problem of insecurity, because money is a coward.

“Economic security is the best foundation for human security. The best way to stop crime is to strengthen the economy, where people can earn a decent living with honest means”. Governor Emmanuel said in his article on the subject: “Maintaining security in Africa through good governance: a panacea against insecurity”.

The statement recalled that the President, Managing Director of Security Watch Africa Initiatives, Mr. Patrick Agbambu, informed the participants that the conference invited Governor Emmanuel to share his development strategy which has not only made Akwa State Ibom peaceful, but attracted huge foreign direct flows. Investments in the State, at a time when investors are divesting from Nigeria.

He said the organization monitors the constant improvement of the state in all areas of development. He also commended the Nigerian Navy and its counterparts in all Gulf of Guinea countries, for fighting piracy head-on and making the waterways safer for economic activities.

According to the statement, the event, which was attended by senior military officers from across Africa, diplomats, high-level security officers, ECOWAS representatives, senior government officials, among others, is one of the the most popular security conferences on the continent, where the main decision-makers converge. x-ray the state of the continent’s security. The Conference was declared open by Adama Barrow, President and Commander-in-Chief of the Armed Forces of the Republic of The Gambia.

In Governor Udom Emmanuel’s entourage were Comrade Ini Ememobong, Information and Strategy Commissioner, Ekerete Udoh, Governor’s Chief Press Officer, Mr. Duke Fubara, Governor’s Honorary Special Adviser on security and Mr. Aniefiok Thomas, director of the special services department. .


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