Good governance, key to Africa devt – Jonathan

BY DANIEL IDONOR
ABUJA—PRESIDENT Goodluck Jonathan, Wednesday, said in Perth, Australia, that for Nigeria and other African countries to speed up their development process, they must improve their governance structures, curb illicit financial outflow, increase capital investment and diversify the productive base of their economies.

In a key note address, titled: “Unleashing Africa’s Potentials – A New Vision” to the Commonwealth Business Forum, President Jonathan said African countries must also quicken their pace of human capital development and ensure a better utilisation of opportunities which international trade offered for growth.

He said: “A central plank of actions that we need to take to ensure that Africa achieves its latent possibilities as a contributor to global ideals of peace, security, growth and prosperity is improved governance.