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Nigeria’s economic woes caused by leadership failure – Peace Institute

The Director General of the Institute for Peace and Conflict Resolution (IPCR), Dr Joseph Ochogwu, has said the economic crisis being witnessed in Africa, especially in Nigeria has its roots in the country’s leadership failure.

The DG stated this in Abuja during an Experiential Leadership series in Africa with the theme ‘Post Crisis Cohesion in Africa: Leadership and the practice of no victor no vanquished’.

He told the gathering that in recent decades, Nigeria and Africa as a whole have been confronted with heightened spate of crime, insecurity and in particular leadership crisis and this has caused a decline in her economic growth and development.

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He said: “The narrative of political leadership in the African continent is replete with corruption, nepotism, and mediocrity, abuse of power, human rights abuse and mismanagement.

“This happens in a continent endowed with huge deposits of mineral resources, vast arable lands for agriculture, huge earnings from mineral resources’ exportation and strategic location on the world map.

“Additionally, the phenomenon of leadership failure has continued to pose a serious challenge to achieving the Sustainable Development Goals (SDGs) and Africa Union Agenda 2063 in the continent.”

He said the United Nations, for instance, sets the 17 SDGs as the developmental plan targeted to be achieved by all nations in the year 2023.

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