Saturday, July 11, 2026

Lawmaker urges nations to strengthen Africa’s economic network

Mr Nwoko stated that this could not be achieved without “steadfast leadership.”

• October 14, 2024
African Leaders
African Leaders

Ned Nwoko (PDP-Delta), on Monday, urged African countries to strengthen their business networks for a more viable continent united toward promoting economic independence by leveraging its abundant human and material resources.

Mr Nwoko underscored the importance of economic independence for Africa through the Indigenous production of goods and crude oil refining into petroleum products for use as fuels for transportation, heating, paving roads, generating electricity, and feedstocks for making chemicals.

The lawmaker who expressed the thought in an interview in Abuja noted that doing so would have the kind of ripple effect needed for wealth creation and job opportunities for citizens.

Mr Nwoko stated that this could not be achieved without “steadfast leadership.”

“We need political leaders who will prioritise Africa; leaders who are passionate about telling the African story in another dimension,” he said.

The lawmaker also called for a common currency and language in the continent to help forge stronger connections across the continent. He observed that dependence on foreign currencies has stifled Africa’s economic growth and development.

“We do not need the dollar or euros. What we truly need is an African currency that empowers us to trade among ourselves. A single African currency would not only streamline trade but also bolster Africa’s presence on the global stage,” he said.

Reflecting on the impact of colonialism on Africa, Mr Nwoko, the chairman of the Senate Committee on Reparation, lamented the imposition of languages such as English, French, and German on the continent.

According to him, these languages have continued to overshadow the continent’s rich linguistic diversity.

“We are blessed with indigenous languages such as Swahili, Hausa, Yoruba, and Arabic. Adopting one of these languages as a pan-African tongue can serve as a powerful tool for unity and cultural revival.

“Removing the barriers created by colonial partitions of Africa will lead to cultural renaissance, increased and sustained growth of African culture and tourism,” he added. 

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Governor Monday Okpebholo of Edo

Politics

Gov. Okpebholo lauds voter turnout in Edo LG poll

Mr Okpebholo urged residents to continue to conduct themselves peacefully throughout the voting process and to await the official declaration of the results.

Flooding in Lekki

States

Ibeju-Lekki residents beg Lagos govt for urgent intervention over devastating flooding

The residents said constant rainfall had triggered devastating flooding in the area.

Released Oyo hostages

States

Obasa, PDP women leader hail rescue of Oyo pupils, teachers

Mr Obasa and Ms Ogunshe lauded the rescue of the 44 pupils and teachers in separate statements on Saturday.

Sexual and Gender-based Violence (SGBV)

States

Taraba govt. urged to establish sexual assault response centres

The stakeholders expressed concern over the rising cases of sexual and gender-based violence in the state.

Election

States

Edo LG Polls: APC leaders hail turnout, peaceful process

Mr Edusei described the voter participation as encouraging, saying it surpassed what he had witnessed in previous elections.

Motorist

States

Edo LG Poll: Motorists, commuters disregard movement restriction in Benin City 

Vehicular and commercial activities were observed around major areas including Ring Road, Airport Road, and the New Benin axis.