Economy: AU-NEPAD Collaborates South Korea To Strengthen Growth - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
January 10, 2020
The African Union Development Agency, New Partnership forAfrica’s Development, AUDA-NEPAD says it would collaborate with South Korea toenhance economic growth in Nigeria.
AUDA-NEPAD National Coordinator, Gloria Akobundu in a reportentitled:“Good Governance: A Prerequisite for Development”, in Abuja, said thecollaboration was part of efforts to actualise the agency’s mandate.
AUDA-NEPAD was initiated by the Heads of States of Nigeria,Algeria, Egypt, Senegal and South Africa of the then Organisation of AfricanUnity, OAU now AU.
The body was adopted at the 37th session of the Assembly ofthe Heads of States in July 2001, with the aim of providing policy frameworkfor accelerating economic co-operation and integration to address issues ofunder-development among others.
In his response, South Korean Ambassador, Lee Tae said hiscountry was seeking co-operation with Nigeria in the area of technology,development centres, capacity building and agro-allied industries in Nigeria.He expressed willingness to collaborate with Nigeria through AUDA-NEPAD’sprogrammes in promoting indigenous products with local manufactures to createemployment.