HomeNewsIPCR Chief: Leadership Woes Hinder Nigeria's Economy

IPCR Chief: Leadership Woes Hinder Nigeria’s Economy

Published on

In a critical analysis of Nigeria’s economic challenges, Dr. Joseph Ochogwu, the Director General of the Institute for Peace and Conflict Resolution (IPCR), identified leadership failure as a fundamental cause. He presented this viewpoint during an event honoring former Head of State, General Yakubu Gowon rtd., with the Honorary Fellow of IPCR. The occasion was part of the “Experiential Leadership Series in Africa,” themed “Post Crisis Cohesion in Africa: Leadership and the Practise of No Victor, No Vanquished.”

According to a report by This Day Live, Dr. Ochogwu highlighted the various problems plaguing Nigeria and Africa, such as increasing crime, insecurity, and particularly a leadership crisis. These issues, he stated, have led to a decline in economic growth and development. He pointed out that political leadership in Africa is often characterized by corruption, misgovernance, nepotism, mediocrity, abuse of power, human rights abuse, and mismanagement.

Despite the continent’s abundant mineral resources, fertile lands, and strategic location, leadership failure continues to hinder the achievement of the Sustainable Development Goals (SDGs) and the Africa Union’s Agenda 2063. The United Nations’ 17 SDGs, set to be achieved by 2023, remain a distant goal due to these leadership issues, as African nations grapple with poverty, hunger, illiteracy, unemployment, and political instability.

Ochogwu stressed that these challenges pose significant threats to peace, stability, security, and economic development in Africa. To address these issues, the IPCR is partnering with TEL-Africa to facilitate discussions on leadership, security, and socio-economic development. The initiative aims to bring together African leaders to share their experiences in managing peacebuilding and cohesive practices in diverse societies.

The IPCR Director-General also emphasized the importance of inclusive policies, elite consensus, and a positive political settlement as crucial steps towards nation-building in Nigeria and Africa.

General Gowon, speaking at the event, urged Nigerians to have faith in their country. He highlighted Nigeria’s great potential despite the current challenges.

As Nigeria navigates these turbulent times, the insights and recommendations from Dr. Ochogwu and General Gowon offer a roadmap for addressing the leadership crisis and paving the way for economic recovery and sustainable development.

Latest articles

Nigeria Moves To Curb Honorary Degree Abuse

Nigeria tightens oversight of honorary doctorate awards as the NUC exposes illegal institutions, cash-for-title deals, and violations of long-standing academic guidelines

Dangote’s Net Worth Falls as Cement Shares Drop

Dangote’s wealth slips by $1.4 billion as cement shares fall, tightening his yearly gains despite aggressive expansion across multiple African markets.

Leadway’s Full Takeover of PAL Pensions Wins Final Approval

Leadway completes its acquisition of PAL Pensions after regulatory approval, setting the stage for wider reach, stronger governance and enhanced pension services.

ECOWAS Commission Warns Terrorism Threatens West Africa

ECOWAS Commission President Touray warns rising terrorism in West Africa threatens regional stability, urging coordinated action with UN and regional partners.

More like this

Nigeria Moves To Curb Honorary Degree Abuse

Nigeria tightens oversight of honorary doctorate awards as the NUC exposes illegal institutions, cash-for-title deals, and violations of long-standing academic guidelines

Dangote’s Net Worth Falls as Cement Shares Drop

Dangote’s wealth slips by $1.4 billion as cement shares fall, tightening his yearly gains despite aggressive expansion across multiple African markets.

Leadway’s Full Takeover of PAL Pensions Wins Final Approval

Leadway completes its acquisition of PAL Pensions after regulatory approval, setting the stage for wider reach, stronger governance and enhanced pension services.