To realize the lofty and laudable goals of establishing the New Partnership for Africa’s Development (NEPAD), African Governments decided to forge partnership with both the public and private sectors to build the crucial capital, technology and human skills needed.
The National Coordinator/Chief Executive Officer, (NC/CEO) NEPAD Nigeria, Princess Gloria Akobundu, stated this at a courtesy visit by the Ambassador of the People’s Republic of Korea, Maj. Gen. Lee In Tae (Rtd), in her office recently.
The NC/CEO, said that the meeting was basically meant to foster economy growth and development with other Africa countries in the areas of health, information technology, development centers, capacity buildings, agro-allied industries in order to process, package and export made in Nigeria goods.
Princess Gloria Akobundu, stressed that as a vision of a socio – economic development of Africa, NEPAD has created a frame work to address the twin issues of under development and marginalization of Africa in the competitive and globalization in the world economic environment.
The National Coordinator, explained that in the process of delivering its mandate, the agency is ready to identify and work with partners in the public and private sectors.
She stated that NEPAD intends to partner and collaborate with the Republic of Korea, the civil societies and the international organizations to facilitate, promote the implementation of NEPAD programmes and to eradicate poverty, through sustainable growth and development.
Akobundu, noted that the Africa Union summit in 2002 was to supplement NEPAD’s mandate with a declaration of democracy, political, economic and corporate governance, pointing out that the declaration was to convince the participatory states to establish African Peer Review Mechanism to promote adherence to the fulfillment of the commitment.

Speaking at the occasion, the Ambassador of the People’s Republic of Korea, Maj. Gen. Lee In Tae (Rtd), said that his country is ready to collaborate with Nigeria through NEPAD in promoting indigenous products with local manufacturers to create employment, training centres, poverty alleviation and empowerment programmes through skills acquisition and capacity building.
The Ambassador stated that NEPAD Nigeria is the right agency that the Republic of Korea can collaborate with in actualizing these projects in Africa and his country
Maj. Gen. Lee In Tae (Rtd), further reiterated that his country will create modalities and bring investors to invest and boost the economy of Nigeria and Korea is willing to have a bi-lateral relationship through Industrialization.
To this end, Princess Akobundu and MAJ. Gen. Lee In Tae (Rtd) set up a four man committee to actualize the modalities within 14 days, towards achieving the goals of the partnership.

Edeaghe Benjamin
For: A.D (Media),
September, 2018.


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