$50bn siphoned out of Africa annually – UN

ABUJA-THE  United Nations,UN  has decried what it called the ‘alarming’ rate at which huge sums of money, totaling over $50billion  is channelled out of Africa annually.

Making the revelation Thursday when he paid a courtesy call on the Speaker of the House of Representatives,  Aminu  Tambuwal, UN’s Deputy Secretary General, Mr. Jan Eliason, said it is more regrettable because the money would have been used to develop the continent.

Speaking on Nigeria’s contributions to global peace, Eliason said “Nigeria is also a world leader in building security, peacekeeping and economic development, and is a strong ally to the United Nations.”

He said Nigeria has also “embraced its multiplicity as a resource and not a problem, and this is a role model for other African countries.”

In his remarks, Tambuwal commended the UN for it’s support to the Nigerian economy and Africa as a critical part of the African Union 2063 Strategy.

According to him, the Nigerian parliament has played major roles in ensuring pro-poor policies that form the core focus of its activities. These include through strengthening oversight of public service delivery, prioritizing budgetary appropriation for pro-poor sectors and the creation of standing committees like that of the MDGs, Human Rights, and Hiv/Aids, Tuberculosis & Malaria Control which focuses entirely on social development.

He explained  that the House of Representatives is looking to partnerships that will facilitate investment in institutions especially those that will deliver services in health, education, water, strengthen data systems, access to justice and other critical factors that enable sustainable development.

On human rights , Tambuwal reaffirmed Nigeria’s adherence to the human rights, non-discrimination and non-violence and hope for the continued support of the United Nations.

“On 2015 elections, I would like to assure you and your delegation that National Assembly is doing everything possible to achieve violence free and fair elections in Nigeria through amendment of the electoral laws.”

Anthony-Claret Onwutalobi
Anthony-Claret is a software Engineer, entrepreneur and the founder of Codewit INC and CEO of Portia Web Solutions. Mr. Claret publishes and manages the content on Codewit Word News website and associated websits. He's a writer, IT Expert, great administrator, technology enthusiast, social media lover and all around digital guy.

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