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"Nigeria's President Tinubu Champions Hosting African Central Bank and Calls for Regional Unity at AU Summit"

Mr Tinubu said Nigeria is ready to be host country for the African Central Bank while addressing African leaders in Addis Ababa, Ethiopia, on Saturday.

President Bola Tinubu announced Nigeria's readiness to host the African Central Bank in alignment with the Abuja Treaty's vision. During the 37th Ordinary Session of the Assembly of Heads of State and Government of the African Union (AU) in Addis Ababa, Ethiopia, President Tinubu expressed his commitment to collaborate with the African Union Commission and member states to ensure the bank's successful launch in 2028.

Emphasizing the importance of solidarity, President Tinubu asserted that Africa's ability to overcome challenges relies on a strong collective resolution. He acknowledged external obstacles like climate change and unfair global trade patterns, while also addressing internal issues such as coup-driven autocracies and detrimental alterations to constitutional tenure provisions.

Discussing recent military takeovers in Guinea, Burkina Faso, Mali, and Niger, and the withdrawal of three nations from ECOWAS, the President urged for maintaining regional unity despite disagreements over unconstitutional government changes. He stressed the significance of a peaceful, strong, and united West Africa, emphasizing shared history, culture, commerce, geography, and brotherhood.

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Turning to the summit's theme on education, President Tinubu underscored its pivotal role in finding creative solutions to Africa's longstanding challenges. He highlighted the need for education not only in science and technology but also in democratic practices, diplomacy, and non-violent conflict resolution. The President shared Nigeria's commitment to enhancing education at all levels, including initiatives like school feeding programs, updated curricula, and efforts to establish Nigeria as an Information and Communication Technology hub.

In conclusion, President Tinubu extended an invitation to the Africa Counter-Terrorism Summit scheduled for April 2024 in Abuja. The summit aims to broaden discussions beyond military and law enforcement measures, addressing the root causes of violent extremism, such as poverty, limited political access, and the spread of hateful ideologies.

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