Connect with us

Government

Nigeria Ranks 161st on a Leading Index That Measures the State of Youth Around the World

Published

on

youth - Investors King

Nigeria is ranked 161st on the 2020 Global Youth Development Index which measures the status of young people in 181 countries around the world.

Singapore ranked top for the first time followed by Slovenia, Norway, Malta and Denmark. Chad, the Central African Republic, South Sudan, Afghanistan and Niger came last respectively.

The index further reveals that the conditions of young people have improved around the world by 3.1 per cent between 2010 and 2018, but progress remains slow.

The Commonwealth Secretariat today released its triennial rankings of youth development in 181 countries, with 156 of them recording at least slight improvements in their scores.

While the data used in the index pre-dates COVID-19, the report highlights the positive trajectory of youth development which the virus could reverse for the first time unless urgent action is taken to secure the pre-pandemic gains.

Key highlights

The index ranks countries between 0.00 (lowest) and 1.00 (highest) according to the developments in youth education, employment, health, equality and inclusion, peace and security, and political and civic participation. It looks at 27 indicators including literacy and voting to showcase the state of the world’s 1.8 billion people between the age of 15 and 29.

AfghanistanIndiaRussiaEthiopia and Burkina Faso were the top five improvers, advancing their score, on average, by 15.74 per cent. On the other hand, SyriaUkraineLibyaJordan and Lebanon showed the greatest decline in youth development between 2010 and 2018.

Global trends

Overall, the index shows advances in youth’s participation in peace processes and their education, employment, inclusion and health care since 2010.

Health made the largest gains of 4.39 per cent driven by a 1.6 per cent decline in global youth mortality rates and a 2 per cent drop in each HIV, self-harm, alcohol abuse and tobacco use. Sub-Saharan Africa made the greatest strides in improving the health of young people.

Levels of underemployed youth and those not in school, training or work remained constant. Advances in equality and inclusion are led by improved gender parity in literacy as well as fewer child marriage cases and pregnancies in girls under 20. Yet no progress occurred in women’s safety.

The global education score increased by 3 per cent, with South Asia making the largest improvement of 16 per cent followed by sub-Saharan Africa with 10 per cent. Peace and security improved by 3.41 per cent, resulting from fewer young people dying from direct violence. Somalia recorded the largest gains in the peace and security of young people, followed by ColombiaSri LankaEritrea and Russia.

Youth participation in politics is the only domain to record a decline in most parts of the world, reporting a deterioration in 102 countries. However, sub-Saharan Africa recorded a 5 per cent improvement in the average regional score.

Globally, Sweden leads on education, Luxembourg on equality and inclusion, Indonesia on political and civic participation while Singapore tops the employment, health, and peace and security domains.

‘An empowered generation’

Speaking before the release, Commonwealth Secretary-General The Rt Hon Patricia Scotland QC said: “Young people are indispensable to delivering a future that is more just, inclusive, sustainable and resilient. By measuring their contributions and needs with hard data, our advocacy for their development becomes more powerful, and we are then able incrementally to increase the positive impact and benefits youth are able to add towards building a better future for us all.

“Our Youth Development Index is a vital tool which has already significantly enhanced our capacity to assess the extent to which youth are engaged to contribute beneficially in their societies, and empowered by enabling policies and tools.”

She added: “While the data used to compile the index was gathered before the COVID-19 pandemic, the findings indicate where progress was being achieved and where it was not, and that urgent action is now needed so that pre-pandemic gains are not lost but sustained and developed further, more broadly and more inclusively.

“As we work to recover and rebuild from the many consequences of the pandemic, we need to draw as fully as possible on the energy and idealism of youth so that fresh opportunities for social, economic and political development are opened up with present and future generations of young people equipped and empowered to fulfil their potential.”

Recommendations

Among its recommendations, the index calls for more investment in lifelong digital skilling of young people, mental health services, apprenticeships, road safety and youth participation in decision-making to reverse trends which adversely impact them.

It further urges governments to improve data collection on education and diversify how they measure digital skills and online engagement of youth.

In a pre-recorded message, the Prime Minister of Antigua and Barbuda, Hon Gaston Browne, said: “It is an important index which offers empirical evidence as to the level of youth development within the Commonwealth. It establishes a baseline so that youth development can be monitored regularly and we can see how we are closing the identified gaps.”

The index, which draws on multiple data sources, was to be released at the now-postponed Commonwealth Heads of Government Meeting (CHOGM) in 2020. However, with CHOGM being postponed again until 2022, it was decided to release the index this year.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

Continue Reading
Comments

Government

Envoy Considers Establishment Of Chinese Banks In Nigeria To Boost Economy

Published

on

Chinese Ambassador to Nigeria- Investors king

Mr Cui Jianchun, the Chinese Ambassador to Nigeria, says he is in talks with Chinese owned Banks to establish operations in Nigeria.

This, the envoy said, is to boost Nigeria’s economy and expand trade relations between the two nations.

Cui made this known on Tuesday in Abuja while addressing Journalists during the commemoration of the 2021 Chinese Moon Festival and China-Nigeria Cultural week.

According to Cui, the establishment of Chinese Banks in Nigeria will also be one of the key areas of discussion during the China-Nigeria Binational Committee meeting, which he is also pushing for the establishment.

He said that an efficient financial institution was a key driver to achieving a strong economy, one Nigeria can learn from China’s experience.

“Before my departure from Beijing to Abuja, I talked to several banks in China. When you list the World’s 10 big banks, six are in China.

“The Banking sector is very important, because, without money, we cannot build our industries.

“What I am thinking here is best to talk to the governor of Central Bank and how we can allow the Chinese Banks to run office here and now, they are doing the feasibility studies on that.

“I am working hard that in the Bi-national meeting, I hope we can make a big decision and give a big push to let the banking industry and insurance industry because financial integration and institutions are key.

“If you go to China, you will find our banking industry is very powerful, not only for business but the change in the way of life.

“Because of the COVID-19, the Banking Industry is a little hesitant, but I told them Nigeria has a lot of human resources and as long as we work together, we can do big things.

“And that is why it is important to invest in the banking industry, to solve this problem,” Cui said.

Extolling the extant China-Nigeria trade relations, Cui noted that the volume of trade between China and Nigeria is nearly 20 billion US Dollars, with an increase from 2020’s 19.2 billion dollars.

Cui said the Chinese economy is restoring to the normal post-COVID-19 pandemic and both governments are working hard on how to expand imports and exports.

Speaking on the event, Cui said the China’s moon festival is a very important and significant one for China as it symbolises family reunion, national peace and social harmony.

The envoy said the 2021 celebration is also a special one as it coincides with the 50th Anniversary of China-Nigeria’s bilateral relations.

He said that both countries also share Oct. 1 as their National Days.

He said it is also on that note that the Chinese Embassy is honouring 50 Nigerian employees of Chinese Companies in Nigeria for their outstanding performance and contribution to strengthening diplomatic ties.

Dr Ifeoma Anyanwutaku, the Permanent Secretary, Federal Ministry of Information and Culture, also lauded the Nigeria-China relations.

She said the relations had recorded great successes over the past five decades.

“The five decades of co-operation had since witnessed several cultural activities and exchanges in the spheres of arts, music, dance, exhibition, cultural administration, training and capacity building of cultural officers.

“And recently, the development of Cultural Industries centres in Nigeria, among others.

“I must add that China, through the youth-oriented programmes such as the photos competition and similar activities in the past is surely a dependable ally.

“In redirecting the energy and mind of our youth to creative ventures, thereby furthering the Nigerian government’s policy of lifting a hundred million Nigerians out of poverty in the next 10 years”, Anyanwukatu said. (NAN)

Continue Reading

Government

Lagos Prohibits Open Cattle Grazing, Sanwo-Olu Signs Bill Into Law

Published

on

herdsmen

Lagos State Governor Babajide Sanwo-Olu, on Monday, assented to the bill prohibiting Open Cattle Grazing and Trespass of Cattle on Land, signing the legislation into law 11 days after it was unanimously passed by the State House of Assembly and transmitted to the Executive arm for authorisation.

By implication, it is now criminal in Lagos for cattle rearers to occupy unapproved public areas and private land with their livestock for grazing. The law also prohibits the act of moving cattle round public places by herders.

The signing of the anti-open grazing law by the Governor followed the decision of Southern Governors’ Forum last August, setting the September deadline to pass the law across member States.

There have been crises witnessed in some States, resulting from alleged open grazing.

Although farmer-herder crisis is not pronounced in Lagos, the anti-open grazing law is expected to prevent the spillover of the menace into the State.

Sanwo-Olu, who assented to the bill during the State’s Executive Council meeting in Alausa, directed the security agencies to swing immediately into action and enforce provisions of the law.

He said: “By the powers vested in me as the Governor of Lagos State, I am signing the bill on Open Cattle Grazing and Trespass of Cattle on Land into law to prohibit issues associated with open grazing of livestock.”

The Governor also signed legislation transforming the Lagos State Domestic and Sexual Violence Response Team (DSVRT) into a full-blown agency.

The development coincided with the commemorative month dedicated to raising awareness on gender-based violence in the State. The Governor and members of the State’s cabinet wore attire with purple shades to support the campaign against sexual violence.

The DSVRT legislation provides for the establishment of Sexual Offenders’ Register that would help the State efficiently tackle violations in the communities.

After signing the law, Sanwo-Olu said: “Raising awareness about domestic and sexual violence is an important piece of working to end the cycle of violence. It is important to reiterate the State Government’s zero tolerance to all forms of sexual and gender-based violence. We will not rest on our oars until the menace is reduced to the barest minimum in Lagos.”

The Governor appointed Mrs. Titilola Vivour-Adeniyi as the Executive Secretary of the new agency.

Vivour-Adeniyi was the coordinator of the response team before the legislation was signed into law.

Continue Reading

Government

ECOWAS Imposes Sanctions on Guinea Junta Over Coups

Published

on

ECOWAS Bans Junta-Investors King

West African leaders have decided to impose travel bans and freeze the financial assets of members of Guinea’s ruling junta and their families after a coup more than a week ago.

The decisions were announced Thursday after an Extraordinary Summit on Guinea in Ghana’s capital, Accra. Mediators with the regional group had traveled to Guinea to meet with junta leaders and check on the condition of deposed President Alpha Conde.

ECOWAS president Jean Claude Brou said the West African leaders have also insisted that there should be no “need for very long transition for the country to return to democratic order.”

The targeted sanctions come after Guinea’s coup leaders set a number of conditions for releasing Conde, according to the foreign minister of Ghana.

ECOWAS had already warned it will impose penalties on the junta in Guinea unless it immediately releases Conde, who has been held at an undisclosed location since being detained during the Sept. 5 coup in Conakry.

“We are coming to address a burning issue in the region,” said Ghana’s President Nana Addo Dankwa Akufo-Addo, the current chair of the regional bloc, ahead of the summit. He was joined by presidents or high-ranking officials from eight of the other 15 ECOWAS countries.

Members of the ECOWAS delegation that visited Conakry after the coup presented their reports at Thursday’s meeting, said Ghanaian Foreign Minister Shirley Ayorkor Botchway. The junta has set a number of conditions for complying with the demands of regional mediators, she said but declined to disclose what they are.

The delegation has spoken with Conde’s doctor “who ascertained that indeed physically, he’s very well,” she said. However, she said, the ex-president is still coming to terms with the fact that his government has been toppled after more than a decade in power.

“For anybody who has gone through such a traumatic experience like he did, mentally, it’s not the best, not to say that mentally we found anything wrong, but he was quite shocked; he’s still in a state of shock,” she added.

Meanwhile, in Conakry, junta leaders were also set to meet with mining company representatives on the third day of a special summit to chart Guinea’s political future. Junta leader Col. Mamady Doumbouya has sought to reassure the country’s most vital economic sector that the political changes will not impact existing mining projects in the country, which has the world’s largest reserves of bauxite.

Guinea’s coup leaders have yet to make public their proposed timeframe for handing over power to a civilian transitional government, nor have they outlined how quickly new elections can be organized.

Conde had sparked violent street demonstrations last year after he pushed for a constitutional referendum that he used to justify running for a third term, saying term limits no longer applied to him. He ultimately won another five years in office last October, only to be toppled by the coup 10 months later.

At the time he came to power in 2010, he was Guinea’s first democratically elected leader since independence from France in 1958.

The regional bloc also planned to tackle concerns over whether a second member state, Mali, is making enough progress toward a return to democracy more than a year after a military takeover there.

In Mali, the ruling junta led by Col. Assimi Goita has committed to holding new elections by February 2022, though mediators who recently visited have expressed concern about whether that deadline now can be met.

Goita overthrew Mali’s president in August 2020 and then agreed to a civilian transitional government and an 18-month timeframe for holding a vote. However, only nine months after the first coup he effectively staged a second one, firing the civilian interim leaders and ultimately naming himself as president of the transition.

ECOWAS has not reinstated Mali’s membership in the bloc, marking the first time since 2012 that two of the 15 member states are suspended concurrently.

ECOWAS President Brou said there was the need to revisit the organization’s 2001 protocol on good governance “because a lot of things have changed or improved.”

Continue Reading




Advertisement
Advertisement
Advertisement

Trending