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UNGA: Buhari urges world leaders to cancel Africa’s debts

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…Condemns sit-tight leaders, insecurity, climate abuse burden on devp nations

PRESIDENT Muhammadu Buhari has urged world leaders to outrightly cancel debts owed by developing countries facing severe fiscal and liquidity challenges.

  Buhari made the call while addressing world leaders in the 77th Session of United Nations General Assembly (UNGA) in New York, yesterday.

  According to him, the burden of unsustainable external debt must be lifted by richer countries to enable their debtors fast track socio-economic development.

  President Buhari also used the forum to condemn sit-tight leaders around the world.

Describing extension of term limits as a corrosion on democracy,  Buhari promised that the 2023 general elections will be free and fair.

  According to Buhari, the country has invested heavily to ensure free and fair elections.

  “We believe in the sanctity of constitutional term limits and we have steadfastly adhered to it in Nigeria. We have seen the corrosive impact on values when leaders elsewhere seek to change the rules to stay on in power. Indeed, we are now preparing for general elections in Nigeria next February. At the 78th UNGA, there will be a new face at this podium speaking for Nigeria. Ours is a vast country strengthened by its diversity and its common values of hard work, enduring faith and a sense of community. We have invested heavily to strengthen our framework for free and fair elections. I thank our partners for all the support that they have provided our election institutions. As president, I have set the goal that one of the enduring legacies I would like to leave is to entrench a process of free, fair and transparent and credible elections through which Nigerians elect leaders of their choice,” he said.

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  President Buhari equally spoke on other matters such as climate change and institutionalising democracy in Nigeria and other African countries.

  Regretting that developing countries are “literally paying the price” when it comes to climate change, he said concerted effort is need to renew global action.

  “Africa and other developing nations produce only a small proportion of greenhouse gas emissions, compared to industrial economies. Yet we are the hardest hit by the consequences of climate change as we see in the sustained droughts in Somalia and floods of unprecedented severity in Pakistan. These and other climate-related occurrences are now sadly becoming widely commonplace in the developing world. We are, in effect, literally paying the price for policies that others pursue. This needs to change. We, therefore, hope that UNGA and the upcoming COP27 climate conference will help galvanise the political will to drive action towards the fulfillment of the various existing climate-change initiatives,” he said.

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