‘Quality Leadership, Effective Governance, Key To Africa’s Development’

A renowned improvement expert, Dr Otive Igbuzor, has identified prime of leadership, effectual governance and the spot of institutions arsenic indispensable factors for the advancement of African nations.

The quality rights advocator said the deficiency of specified successful immoderate strategy usually leads to stagnation successful presumption of development.

Delivering a keynote code astatine the 2025 International Leadership Conference connected Leadership, Governance, Sustainable Change and Wealth Creation astatine Afe Babalola University, Ado-Ekiti (ABUAD) astatine the weekend, helium said that prime enactment remains the astir captious determinant of whether a federation volition thrive oregon falter successful the look of challenges specified arsenic insecurity, inequality, clime change, disruption, and antiauthoritarian backsliding.

ABUAD organised the conference, “Transformational Leadership In An Insecure And Disruptive Era: Building Ethical, Resilient And Impactful Leaders For Africa,” successful conjunction with Trinity Western University, Vancouver,Canada, and the African Centre for Leadership, Strategy And Development (CentreLSD).

The improvement expert, the founding enforcement manager of CentreLSD, disclosed that studies person shown that the satellite is experiencing a enactment crisis, with implicit 86% of planetary experts identifying inadequate enactment arsenic a important situation for solving modern problems.

“In Nigeria and galore parts of Africa, this situation manifests successful mediocre governance, insecurity, elite capture, anemic institutions, exclusionary politics, and underdevelopment contempt immense quality and worldly resources”

This came arsenic the university’s founder, Aare Afe Babalola, decried the immense magnitude Nigeria owes successful indebtedness arsenic a nation,

The ineligible icon said, “The Theme of this Conference is astir due astatine this clip of our development. The grounds shows that Nigeria is simply a large debtor state today. Nigeria’s full nationalist indebtedness is N152.4 trillion, oregon $99.7 billion.

“Consequently, astir concern companies from different countries bash not privation to put successful this debtor country. Banks are complaining that the Central Bank is not honouring Promissory Notes issued by the authorities connected the allegation that the Federal Government is successful indebtedness and cannot wage the Central Bank.

“Before independency successful 1960, and a fewer years aft independence, beingness was safe; determination was nary stealing, equipped robbery, oregon kidnapping; the Nigerian Naira was stronger than the US dollar, and nutrient was abundant. Sixty-five years later, $1 is equivalent to N1,500”.