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In Nigeria, UN deputy chief says ‘messages of women’ vital to sustainable peace, development
Urgent action is needed now towards the meaningful participation of women in peace processes, as well ensuring their voices are heard in all aspects of society, the United Nations deputy chief told reporters in Abuja today as part of a first-ever UN-African Union trip focused on women, peace and security.
“It is about action. It is about implementation,” Deputy Secretary-General Amina Mohammed told the press in the Nigerian capital, where she also spotlighted the importance advancing gender equality as a precondition for sustainable development for all.
During the joint AU-UN high-level trip, which will move on from Nigeria to the Democratic Republic of Congo (DRC), Ms. Mohammed will be accompanied by UN Women Executive Director Phumzile Mlambo-Ngcuka, the UN Special Representative on Sexual Violence in Conflict, Pramila Patten, and the Special Envoy of the AU on Women, Peace and Security, Bineta Diop.
“It is a new era,” Ms. Mohammed continued, “a new era where we have many tools at our disposal.”
“We know that from the economy to stability and peace, we are not able to achieve our goals if we are only investing in half of the population. Human resource is a major asset of a nation and a continent. Women often account for half. But they lack the investment we need,” she added, urging that women’s voices be heard in all aspects of society.
Ms. Mohammed cited various challenges, which went beyond abject poverty to encompass high maternal mortality rates, extremism and education gaps.
“What we really want to do is to hear and bring the messages of women – women in decision-making, women who bear the brunt and carry the burden of many of the tragedies that we see – to see how we can come out of this, how we can be a constructive partner in finding the solutions to sustainable development,” she stressed.
According to Ms. Mohammed: “It makes economic sense. It’s not charity. It is about rights […] it’s a huge part of our economic development.”
Over the past two days, the deputy UN chief met with the acting President and key ministers on these and other issues that affect development.
Investing in Sustainable Development Goals can help prevent conflict
From the activities of Boko Haram in Nigeria’s north-east to the conflicts between Fulani herdsmen and farmers, she said conflicts drain the country’s economy of resources that could be better used for development.
“Without peace we cannot have development. Whatever investments that we are putting into development we are seeing them eroded by the lack of peace,” she underscored.
Ms. Mohammed also spoke about meeting with young refugee girls, who, living in camps, fled tragedies, including some of the freed Chibok girls. “We heard stories that young girls should not have to tell, and these have been a tragedy for all of us,” she lamented.
However, the deputy UN chief was inspired by their spirit as they “refuse to be victims and are survivors with a future that is bright.”
“We saw girls who talked about their dreams – no longer their nightmares,” she said, adding that while challenges remain as there are many girls still left behind, “it shows that there is hope.”
Ms. Mohammed underscored the importance of strengthening partnerships with Nigeria and the African Union for a scaled-up response to support women and girls who face these tragedies.
Turning to the Sustainable Development Goals (SDGs), she emphasized that by investing in them, “we can look at the root causes […] we can prevent the conflict from happening.”
Also, as present conflicts are resolved, the SDGs provide an opportunity “to invest in the day after, to make sure that we are building back so that we don’t lose the dividend of peace.”
The headquarters of Heritage Bank at Victoria Island, Lagos, was besieged on Thursday by members of the labour union, protesting the recent dismissal of 1,000 support workers.
The National President of the National Union of Banks, Insurance and Financial Institutions Employees, Comrade Anthony Abakpa, led the demonstration, condemning the bank’s management for what he deemed a lack of adherence to due process in the termination of employment contracts.
Speaking during the protest, Comrade Abakpa asserted that the leadership of Heritage Bank failed to follow established protocols before executing the mass layoffs.
He emphasised the union’s commitment to pursuing justice for the affected workers, vowing to escalate their demands until the bank’s management rectifies the situation.
“We will intensify our demands for justice,” declared Comrade Abakpa, urging the bank’s management to take corrective action to address the grievances of the dismissed workers.
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified that Nigeria is not utilising its foreign reserves to bolster the naira, despite recent fluctuations in reserve levels.
Speaking from Washington DC, where he is attending the International Monetary Fund-World Bank Spring Meetings, Cardoso highlighted the influx of $600 million into Nigeria’s reserves account within the past two days.
While the naira has experienced a notable appreciation against the dollar in recent weeks, climbing over 40% from approximately N1,900/$ to about N1,000/$1, Nigeria’s foreign reserves have been dwindling. As of April 15, reserves dropped to approximately $32.29 billion, marking the lowest level in over six years.
Cardoso emphasised that the shifts in reserves are typical for any country, where various financial obligations, such as debt repayments, necessitate withdrawals.
He stated, “What you’ve seen with respect to the shift in our reserves is normal in any country’s reserves where, for example, debts are due and certain payments need to be made. They are made because that is also part of keeping your credibility.”
Continuing, Cardoso underscored the dynamic nature of the market, advocating for a system driven by willing buyers, willing sellers, and price discovery.
He emphasised, “The shift in our reserves has really little or nothing to do with defending the naira, and that is certainly not our objective.”
Dangote Petroleum Refinery has made headlines by announcing a further reduction in the price of diesel, dropping it from ₦1200 to ₦1000 naira per litre.
The refinery’s decision comes on the heels of its recent supply at a significantly reduced price of ₦1200 per litre, which was introduced three weeks ago, signifying a remarkable 30 per cent decrease from the previous market price of approximately ₦1600 per litre.
This substantial reduction in diesel prices at Dangote Petroleum Refinery is expected to reiterate positively throughout various sectors of the economy, potentially serving as a catalyst in alleviating the persistently high inflation rate in the country.
In a statement last week, Aliko Dangote, Africa’s wealthiest individual and the owner of the refinery, expressed his optimism regarding the potential impact of the price reduction on inflation in Nigeria.
“I believe that we are on the right track. I believe Nigerians have been patient, and I also believe that a lot of goodies will now come through. There’s quite a lot of improvement because if you look at it, one of the major issues that we’ve had was the naira devaluation that has gone very aggressively up to about ₦1900,” he remarked.
As anticipation builds around the implications of this move by Dangote Petroleum Refinery, stakeholders and consumers alike remain hopeful for the positive effects it could bring to the Nigerian economy in the coming months.
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