Importance of Politics and Good Governance in Africa’s Institutional and Economic Development

Good governance and the right policies are pre-requisites for Africa’s institutional and economic development. However, aligning policies in practice given the breadth and complexity of the 17 SDGs and their 169 targets, there is a need for collaborative efforts of public and private actors in both policy formulation and implementation because the different phases bring with them very specific challenges. Also, due to the fact that whatever developmental activities are taken on and policies passed, there is a need for national, regional and local level participation. It is therefore necessary to have an inclusive process and get the alignment from key stakeholders both within and beyond government.

The current continued governance crises in Nigeria, unclear goals/vision and large-scale corruption in Nigeria reveals diminishing accountability and ethical values and this has slowed down our development. The indices are clear, but priorities are misplaced leading to misalignment in budgetary provisions and ministries.

Achieving progress across the SDGs will require governments to work across policy areas and steer the delivery of these ambitious goals; this involves a scenario where all three (3) arms of government’s effective participation in the rule of law ensure transparency, responsiveness, equity and inclusiveness in an accountable manner.

In breaking the barriers, Nigeria needs to focus policies around peace building, education, health & expansion of economic opportunities mainly around optimization of local content.

Leave a Comment

Your email address will not be published. Required fields are marked *

*
*

Woven Impact Network “WIN” is a social enterprise set up to showcase innovative ideas and actions geared towards sustainable development

Copyright © Woven Impact Network – All rights reserved | Designed By Minifytech

Olasubomi Sofowora

Founder, Woven Impact Network

Olasubomi Sofowora is a transformational leader with 20 years of experience in brand communications, strategic marketing, and sustainable development. She is the founder of Woven Impact Network, a nonprofit organization that empowers grassroots micro-business women through initiatives like the Women WIN program, focused on building economic resilience and entrepreneurial skills.

A passionate advocate for social change, Subomi has held impactful roles with organizations such as 1 Million Teachers, Flour Mills of Nigeria Plc, and the Muhammad Sanusi II SDG Initiative, where she helped empower thousands of educators. She currently consults with the African Women’s Alliance of Waterloo Region and leads Coresense, a strategy and communications firm.

Subomi holds degrees in Agricultural Economics and Business Administration, with additional training from the University of Cambridge and Queen’s University. She also serves as a mentor, facilitator, and board member for several organizations advancing women’s empowerment and community development.

Hakeem Subair

Chairman

Hakeem Subair has a diverse work experience spanning over two decades. Currently, he holds the position of Chair of the Board of Trustees at Woven Impact Network. Hakeem is responsible for leading initiatives that empower individuals to make a positive impact in their communities.

He is a Cambridge University/HP EdTech Fellow, holds a master’s in Management Innovation and Entrepreneurship from Queen’s University, with a Certificate in Social Impact. His academic journey includes a B.Com from the University of Windsor and a B.Finance from the University of Ilorin.

As the co-founder of 1 Million Teachers for over seven years, he applies business principles to address global challenges.