Eradicating Poverty, Inclusive Growth My Priorities – Adesina | Independent Newspapers Limited
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Eradicating Poverty, Inclusive Growth My Priorities – Adesina

Posted: Jun 15, 2015 at 1:22 am   /   by   /   comments (0)

By Chibuzor Emejor Abuja

The President–elect of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has said poverty eradication, provision of power supply and ensuring inclusive economic growth for Africa would remain his topmost priorities on assumption of office in September 2015.

Adesina, a former Minister of Agriculture and Rural Development, stated this at the weekend at a send-forth ceremony organised in his honour by the Federal Ministry of Agriculture and Rural Development in Abuja.

He assured that the Bank would work assiduously to accelerate the economy growth and enhance macro- economic stability in the Continent, adding that the Bank would work to eradicate poverty through job creation, entrepreneurship development and financing for the Small and Medium Enterprises (SMEs).

He also noted that agriculture would also play huge role in the creation of jobs, particularly in the rural areas, adding that the economic growth being envisaged in Africa would not happen without serious attention given to the agricultural sector.

According to him, “We are going to transform agriculture in the Continent so that it could lead people out of poverty. As I always say, poverty is not a natural endowment of Africa.

“We would work to make sure that we end poverty in Africa. Together, we will build an Africa where we have an inclusive economic growth. We will not rest until we have ended poverty in Africa”.

“Poverty must not be a comparative advantage for Africa. Let me declare, number one thing we must improve upon is energy.

“The fact that Africa does not have energy is worrisome. We have the same amount of energy generated by Belgium and Spain. This is unacceptable. We cannot have industralisation, private sector growth, unless we have adequate power supply.”

Earlier, the Permanent Secretary in the Federal Ministry of Agriculture, Sonny Echono, had showered encomiums on the former minister for what he described as “the landmark achievements recorded in the ministry” in the last four years.

Echono while wishing Adesina more successes in his new assignment, pledged that the ministry would sustain the new initiatives introduced by the former minister in order to take the sector to the next level.