NewsExpress advert Yudala banner
Nigeria urges stronger efforts at blocking sources of funding for terrorism

By News Express on 15/07/2015

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 1,734


Vice-President Yemi Osinbajo, on Tuesday called for stronger efforts towards blocking all sources of funding for terrorism and related activities threatening the development of nations.

Osinbajo made the called at the on-going Third International Conference on Financing for Development in Addis Ababa, Ethiopia.

The vice-president said that global terrorism constituted a potent threat to peace, stability and economic development of countries worldwide.

He, therefore, called for adequate funding, partnership and collaboration of the global community to combat terrorism, extremism and insurgence as well as ensure a safe, peaceful and inclusive society.

``We call on this conference to accord greater recognition to the challenges to sustainable development posed by rising global terrorism.

``The phenomenon of global terrorism constitutes potent threat to peace, stability and economic development of countries worldwide.

``The threat calls for adequate funding, partnership and collaboration of the global community to combat terrorism, extremism and insurgence as well as secure safe, peaceful and inclusive society.

``We must identify viable funding mechanism to address all aspects of human security and other commitments to challenge terrorism.

``We must also take parallel action to intensify efforts towards blocking all sources of funding terrorist activities,`` he said.

Speaking on Nigeria’s development efforts, Osinbajo said that the Federal Government had been implementing reform policies aimed at diversifying the economy and building the requisite capacity to support technology transfer and develop value chains in the agro-allied sector.

He said: ``We are also developing new frameworks for domestic mobilisation of resources while at the same time curbing corruption and plugging loopholes in the system that have, in the past, provided avenue for capital flight.

``We are also empowering women and young people to be actively engaged in various economic activities by broadening opportunities for them to access affordable capital and other types of support to start their businesses.

``The critical factor for greater success is partnerships, support and adequate funding from all sources.

``We must, therefore, fully harness regional and multilateral efforts towards promoting the inter-relationship from all sources of development finance and achieving the synergies between financing objectives across the three dimensions of sustainable development.``

Osinbajo reiterated the Federal Government’s support for the establishment of a framework towards financing global education.

``Our government strongly supports the establishment of a high level commission for financing global education announced last week by the Norwegian Prime Minister and the UN Secretary-General.

``We note that the financing commission would identify more effective ways for mobilising and deploying resources, whose scale is needed to achieve the ambitious new sustainable education programmes.

``We recommend that this initiative should lead to the establishment of the Global Fund for Education.

``We ardently believe that such a fund will help galvanise the needed political commitment, facilitate partnerships as well as ensure focus and organisation required for scaling up financial resources to fund educational development.

``It should replicate the successes registered by the global fund for fighting HIV/AIDS, tuberculosis and malaria,`` he said.

According to the vice-president, the fund, as envisaged, should support universal, free and quality primary education, especially in developing countries.

He expressed Nigeria’s readiness to join the international community in re-invigorating and strengthening development finance and all the follow-up processes. (NAN)

Photo shows VP Osinbajo.

Source News Express

Posted 15/07/2015 06:09:03 AM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

 

You may also like...
Royal shame: Teen ‘sex toy’ reveals how she...

Banker steals N12 million to enlarge breast, fund...

Nigerian editor returns home after 8 days in...

New commander takes charge at Central Naval Command...

Peter Obi hails Jonathan at 60, mourns Ekwueme...

Catholic Church honours Obiano, Uzor, Uzor, others

Go and face your case with EFCC, kinsmen...

Strong evidence emerges that U.S. presidential election was...

Boko Haram overpowers troops, recaptures town

CAN warns: ‘We won’t accept 2015 polls result...

UNFPA, University of Ibadan partner for sustainable development...

Apapa gridlock: Stay away from Lagos for now,...

 

Latest News Clouds, sunshine to prevail today: NiMet BREAKING: Soldiers rescue abducted Yobe schoolgirls inside bush Monkeys swallow Northern Senators’ N70m Yobe Police Commissioner confirms 111 school girls missing after Boko Haram attack Paedophile bags 60-year jail with hard labour as Lagos Sexual Offences Court delivers first judgment Charlyboy leads protest to NNPC HQ over fuel scarcity FG commences investigation into Dana Air mishap UBA Foundation builds link bridge for students of Usman Danfodiyo University Save Lagos Group drags EFCC officials before Magu over alleged harassment of businessman Veteran journalist and Columnist Tola Adeniyi set to present ‘In the Belly of Vultures’ Tinubu, Ambode, Lai Mohammed, Saraki, others to receive IPI chief ahead world congress in Abuja HURIWA blasts El-Rufai for demolishing Kaduna APC factional secretariat •Condemns FG’s clampdown on free speech

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (325,909 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (317,540 views) Shameless Genevieve Nnaji exposes breasts in public (254,243 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (208,545 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (194,575 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (187,456 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (163,106 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (146,404 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (140,238 views) Lagos plane crash: Journalist releases victims’ names (129,334 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (127,847 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (122,981 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (34) Business (2,897) Business Verdict (33) Columnists (804) Complaints & Requests (94) Enterprise & Opportunities (203) Entertainment (446) Features (549) Global Business Monitor (226) International (1,799) Interviews (143) Live Commentary (28) Love Matters (105) News (33,010) Opinion (883) Pidgin (10) Politics (4,510) Religion (681) Sports (1,438) Stock Watch (28) AMA & Al Jazeera Global Update

 

 

Football president George Weah puts Liberian army to the test

 

APO Group Partner

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement