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Nairametrics
Home Business News

Highlights of President Muhammadu Buhari’s speech at the United Nations

Onome Ohwovoriole by Onome Ohwovoriole
September 26, 2018
in Business News, Politics
Buhari at 2018 UNGA
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President Muhammadu Buhari yesterday addressed the United Nations General Assembly in New York.

The General Assembly is one of the six main organs of the United Nations, the only one in which all Member States have equal representation: one nation, one vote.

All 193 Member States of the United Nations are represented in this unique forum to discuss and work together on a wide array of international issues covered by the UN Charter, such as development, peace and security, international law.

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Here are highlights of his speech:

On corruption

President Buhari advocated for a global effort to fight corruption, in view of the negative impact it had on countries and a causal effect of illegal migration.

“Corruption within countries and illicit flow of funds across national boundaries have huge negative impact on the stability, peace, and economic prospects of millions in developing countries. Corruption significantly deprives national Governments of resources to provide meaningful livelihoods to their populations who are predominantly youths, thus giving rise to more irregular migration.
The fight against corruption, therefore, involves us all. It is in our collective interest to cooperate in tracking illicit financial flows, investigate and prosecute corrupt individuals and entities and repatriate such funds to their countries of origin.”

Expansion of the United Nations Security Council

Buhari also pushed for an expansion of the UN’s Security Council.

“We believe that a reformed Security Council with expanded membership in both the permanent and non-permanent categories, is in accord with prevailing international consensus and it is in our collective interest to do so. It is high time we stopped skirting round the issue and establish achievable benchmarks and timeframes for these reforms.”

The council is currently comprised of 5 permanent members: China, France, Russian Federation, the United Kingdom, and the United States, and 10 non-permanent members elected for two-year terms by the General Assembly.


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Tags: 2018 UNGAMuhammadu Buhari
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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