Buhari to deliver keynote address at NGF, Afreximbank’s 2nd African sub-sovereign governments conference

President Muhammadu Buhari will on Friday, declare open the 2nd Conference of African Sub-Sovereign Governments Network (AfSNET) scheduled to hold in Abuja.

The president is expected to give the keynote address when Governors of the 36 states of the Federation and their counterparts on the African continent meet to discuss pertinent subnational alliances.

Preparatory to that, the NGF Director General, Mr Asishana Okauru urged all the State Governors to attend an in-person meeting scheduled for Thursday, 29th September 2022.

The meeting, according to the Director General, will begin at 2 pm during which the New NGF Secretariat complex will also be commissioned by the Ekiti State governor, Dr John Kayode Fayemi.

Later at 6 pm, there will be a welcome Cocktail for Colleague African Governors for the 2nd Conference of African Sub-Sovereign Governments Network (AfSNET).

According to Okauru, the Friday meeting is being “organised jointly by the Nigeria Governors’ Forum and Afreximbank. It is the 2nd African Sub-Sovereign Governments Conference by the continental institution.”

In a joint statement, the two institutions disclosed that the second edition of the African Sub-Sovereign Governments Network (AfSNET) Conference is set to take place on 30th September, 2022 in Abuja, Nigeria.

Under the theme ‘African Sub-Sovereign Governments Network, Championing Africa’s development’, the Conference will herald, among other things, the adoption of an institutional and governance framework for the African Sub-Sovereign Governments Network (AfSNET), an Afreximbank initiative, launched in 2021 at the inaugural conference in Durban, South Africa, with the mission of promoting peer learning, cooperation and collaboration among sub-sovereign governments.

AfSNET is expected to boost intra-African trade, investment, industrialisation and development. Governments, state and regional governors, premiers, etc. are expected from all parts of Africa.

Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, said: “The African Sub-Sovereign Governments Conference is integral to achieving the goals set under the AfCFTA as it seeks to provide a platform that will promote the building of trade enabling infrastructure, enhancing the role of export trading companies and promoting information exchange on trade and investment opportunities, existing financing instruments and initiatives among Sovereign nations in Africa.

“This conference provides an opportunity for the sub-sovereigns to showcase their projects and network with other sub-sovereigns and businesspeople.”

According to Dr Fayemi, “the NGF is partnering with Afreximbank on this initiative because many countries’ policies are often developed by the central governments, while the subnational entities, either at state, province, or prefecture where the rubber meets the road as the drivers of growth are left behind.

“The subnational is where people feel the impact of governance and it is about time that the subnational leapfrog to a decent pedestal where constructive progress in the economy, like manufacturing, trade and commerce is enhanced.

“This ‘African Sub-Sovereign Governments Conference’, in my opinion, will attract substantial leverage to the subnational and its peoples.”

The 2nd African Sub-Sovereign Governments Conference will host executives and senior representatives of states, provinces, regions, and governorates drawn from African countries and will also include investors and financial institutions from across the continent.



You might also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More