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implications of sustainable development goals to the nigerian economy
Postado em 19 de dezembro, 2020
The Sustainable Development Goals (SDGs) or Global Goals are a collection of 17 interlinked goals designed to be a "blueprint to achieve a better and more sustainable future for all". 6 List of Figures Figure 1. The Sustainable Development Goals in Nigeria Following the adoption of the 2030 Agenda, Nigeria began to implement the SDGs almost immediately. © You may opt-out by. AFP PHOTO/DON EMMERT. Building the SDG economy: Needs, spending, and financing for universal achievement of the Sustainable Development Goals Homi Kharas ⓡ John McArthur Equally, to deliver concrete results in Nigeria, we must focus on building the reputation of our country as a place in which to do business, sustaining entrepreneurism, and increasing the depth of our markets. The baseline survey continue to be updated by-annually to reflect current situation and changing trends in the country. Thirdly, the SDGs make it clear that the private sector will be one of the main engines in achieving these goals as sustained economic resilience requires private sector participation on a grand scale. Created to replace the expiring Millennium Development Goals (âMDGsâ), the SDGs build upon the tenets of its predecessor in addressing the many cruel dimensions of poverty; combatting inequality and injustice more holistically; and widening the breadth of the environmental targets to tackle climate change. Keywords/phrases: sustainable development; sustainable development goals: economic sustainability; social sustainability; environmental sustainability 1. With over 170 million people, over 60% of whom are under 30 years of age, fulfilling this goal and taking advantage of the huge human capital resources in Nigeria will make this country a power-house of development. However, with Nigeria spending $20 billion a year on its oil and gas sector; even if only 50% of this was fully domesticated, hundreds of thousands of jobs would be created. Hereâs Why. We provide both technical and financial support toward ongoing efforts aimed at integrating the SDGs into national and State-level policies, plans and budgets. Everyone is needed to reach these ambitious targets. $83M+ Raised And Counting In 2020: Are Twitch Streamers The New Philanthropists? Todayâs complex challengesâfrom stemming the spread of disease to preventing conflictâcannot be tackled neatly in isolation. New COVID-19 cases have not plateaued – they are accelerating. But we cannot do this alone. Most recently, on the 25th of September, 2015, the United Nations postulated a 17-point Sustainable Development Goals (SDGs) that over-rides the 8-point Millennium Development Goals (MDGs). Since the adoption of the Sustainable Development Goals (SDGs), Nigeria has continued to demonstrate its commitment to the SDGs promise through leadership and ownership of the implementation process. EY & Citi On The Importance Of Resilience And Innovation, How Digital Workflows Helped Save Basketball During The Pandemic, Impact 50: Investors Seeking Profit â And Pushing For Change, Michigan Economic Development Corporation With Forbes Insights, Workers At The âForefront Of Fight Against COVID-19â Celebrated On International Migrants Day, How Top Brands Partner With St. Jude To Embrace Innovation Even Amidst Pandemic, Exclusive: How Singer Azriel Clary Is Using Fanbase App To Redefine The Term âSurvivor â And Spotlight Those With Similar Experiences. Introduction Sustainable Development (SD) has become a ubiquitous development paradigm—the catchphrase for international aid agencies, the jargon of development planners, the theme of conferences and academic papers, as well as the … For example, with our support, the government developed the Private Sector Engagement Strategy which provides for and recommended the establishment of the first-ever Private Sector Advisory Group on SDGs. The informal sector is booming as ever, but this is still largely unrecorded. We will continue to provide support to the as we all continue on this long path towards the SDGs promise- a promise of a just, equitable and sustainable planet - our common heritage; a promise of peace and prosperity for all. Young democracies filled with people empowered as much by the internet as by their own governments, determined to exercise their power and transform their countries over the next 15 years. The hope now is that the government maintains the will to enforce this law and extend similar local content requirements to other sectors of the economy. Building on this progress, several countries are already taking steps to translate the ambitions articulated in the 2030 Agenda into tangible outcomes for their people; they are beginning with integrating the SDGs into their national visions and plans. Sustainable Development Goals – how will they impact your business? The SDGs have come at an opportune time for Nigeria, President Buhari and his cabinet are clearly committed to long-term development and poverty alleviation through job creation. Achieving the SDGs requires the partnership of governments, private sector, civil society and citizens alike to make sure we leave a better planet for future generations. At its heart are the 17 Sustainable Development Goals (SDGs), which are an urgent call for action by all countries - developed and developing - in a global partnership. Properly nourished, children can learn, people can lead healthy and productive lives and societies can prosper. Using lessons learnt from the MDGs era, we are working closely with the Government of Nigeria and other partners in ensuring that the SDGs are efficient and effective implemented and that resources are allocated to sectors of the economy that will yield highest dividend for the poor and vulnerable millions across the country. Opinions expressed by Forbes Contributors are their own. As I am an advocate of emerging market autonomy and indigenous-led development, I have been greatly encouraged by the SDGs, which are a significant improvement on the MDGs in a number of ways. To begin, our leaders in business, government and academia must ensure the goals remain in global consciousness and are worked tangibly into plans, projects and strategies from now until expiration. Concluding Remarks.....83 References.....87. The Goals were adopted by all member states of United Nations formally in 2015, for the period 2016–30 to address the overwhelming empirical and scientific evidence that the world needs a radically more sustainable approach. Africa has made significant progress on the Millennium Development Goals, including enrolling more children in primary school, particularly girls, increasing the representation of women in national parliaments, and reducing child and maternal deaths and the proportion of people infected with HIV. In Nigeria, unemployment figures range from 80% in the North to 30-40 % in the South. Our new s The Sustainable Development Goals. As the UNâs agency mandated to eradicate poverty, UNDP will continue supporting the Governments and people of Nigeria in tackling the new agenda and taking it forward over the next couple of years. If they embrace the SDGs and goal eight in particular it is likely that they will. In effect, the 2030 Agenda is both The Sustainable Development Goals aim to end all forms of hunger and malnutrition by 2030, making sure all people – especially children and the more vulnerable – have access to sufficient and nutritious food all year round. And socio-economic effects, which mirror the virus with a lag of months and years, are accelerating as well. economic systems, including food and agriculture, cities, energy and materials, and health and well-being. In 2012, I was honored to be named an Archbishop Desmond Tutu Fellow, in 2013 a Young Global Leader by the World Economic Forum, and in 2014 one of Forbesâ âYoungest Power Women in Africa.â My passion is to develop strategic infrastructure that will enable African countries to become leading global economies. At UNDP, we are building on our support through provision of technical support to the Office of the Senior Special Advisor to the President on SDGs (OSSAP) and line ministries in an effort to ensure that planning and budgeting for development activities in the country are done within the framework of the SDGs. © 2020 Forbes Media LLC. Unfortunately, the negative implications of urbanisation dominate and abound in Africa. This report – Sustainable Development Goals (SDGs): Indicator Baseline Report 2017 – sheds light on what has been done and on what more needs to be accomplished in order to rid South Africa of extreme poverty. Secondly, and as a direct result of the first point, there is a radical change in the discourse around development to include a focus on global poverty, as opposed to just emerging market poverty, seeking to identify causes and solutions for poverty across all nations. For UNDP, this means focusing on systems, root causes and connections between challengesânot just thematic sectorsâto build solutions that respond to peopleâs daily realities. Forget 2020. With proper policing such laws can result in value added local content on the indigenous and foreign side. In September this year, under a relatively quiet banner, the Sustainable Development Goals (âSDGsâ) were announced as part of the UNâs 2030 Agenda for Sustainable Development. The MDGs succeeded in creating public discourse and building a firm platform for organising international development priorities around a set of unified objectives. Our track record working across the Goals provides us with a valuable experience and proven policy expertise to ensure we all reach the targets set out in the SDGs by 2030. Nigeria cannot afford to toy with the maritime sector due to the linkages between shipping activities and economic development as it is a primary logistic provider. The Challenges and Implications of Sustainable Development in Africa: Policy Options for Nigeria In support of Governmentâs efforts aimed at sharing its experiences so far, we are providing technical support towards the development of Voluntary National Reviews (VNR). In addition to conducting various advocacy and awareness activities with several government ministries, departments and agencies, we supported initiatives aimed at promoting strategic engagements around the SDGs. achieve multiple Sustainable Development Goals (SDGs). The UN outlined its motivation for goal eight as being âdue to the vital importance of labour markets for the production and generation of wealth, and equally for its distributionâ. As the lead UN development agency, UNDP is well-placed to help implement the Goals through our work in some 170 countries and territories. The pandemic could push the number of people living in extreme poverty to over 1 billion by 2030. However, they suffered greatly from the âsoft bigotry of low expectationsâ; being conceived and executed exclusively by Western governments and organisations â who then sought to socially engineer huge changes in developing countries from the comfort of sky scrapers in New York. This chapter is on the use of the Sustainable Development Goals (SDGs) for the achievement of green economy in Nigeria with the specific aim of assessing the performance of key issues in the SDGs. All Rights Reserved, This is a BETA experience. I am the managing director of LADOL â an industrial free zone in Lagos Harbour that provides a one-stop-shop secure and modern industrial village for multinationalâ¦. In retrospect, the MDGs were doomed to fail from the moment it was decided to exclude emerging markets from deciding on the goals and solutions for themselves. This is as important psychologically as it is politically and economically, particularly in regions like sub-Saharan Africa. United Nations Development Programme, Programme of Assistance to the Palestinian People. Since 2010 Nigerian participation in the oil and gas sector has sky rocketed, and whilst there have been issues, one of the biggest successes of the law so far is in making local content the first consideration in every major project. The Sustainable Development Goals and their implications for agriculture and rural development in Europe and Central Asia region . In fact, in this âSDG eraâ, Western institutions and groups are partnering with local institutions and individuals as a key strategy for achieving the goals. The VNRs also seek to strengthen policies and institutions of governments and to mobilize partnerships. This change also puts the responsibility for developing their countries firmly back onto the shoulders of the citizens and governments of those countries. Regardless of what the true figures are, there is no doubt that bringing the majority of working people into the formal economy as tax payers and consumers, would change this country over night. The Sustainable Development Goals (SDGs) were conceived at the United Nations Conference on Sustainable Development, held in Rio de Janeiro in 2012 (Rio + 20), and adopted by the United Nations General Assembly in September 2015. That is why the SDGs are designed to bring the world to several life-changing âzerosâ, including zero poverty, hunger, AIDS and discrimination against women and girls. 7.7 Conclusions: implications for sustainable development < > Sustainable development is largely about people, their well-being, and equity in their relationships with each other, in a context where nature-society imbalances can threaten economic and social stability. REALIZING THE SUSTAINABLE DEVELOPMENT GOALS IN A DYNAMIC ASIA The 2030 agenda is particularly … Global extreme poverty 1980-2030 (% of population living on less than US$1.90 a day) 14 Figure 3. Keywords: Design, Job, Responsibility, Task, National Development Introduction Civil service is a feature of all nations practiced at federal, state and local levels. Sustainable development is the organizing principle for meeting human development goals while simultaneously sustaining the ability of natural systems to provide the natural resources and ecosystem services on which the economy and society depend. Devastating effect on health outcomes School for many closed; remote learning less effective and not accessible for some. The VNRs facilitate the sharing of experiences, including successes, challenges and lessons learned, with a view to accelerating the implementation of the 2030 Agenda. Leading to lower costs and greater efficiency. Impact of COVID-19 on the Sustainable Development Goals; Impact of COVID-19 on the Sustainable Development Goals . In terms of SDG driven development, goal eight lends itself in particular to the Nigerian reality: âto promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for allâ. The Sustainable Development Goals (SDGs), otherwise known as the Global Goals, are a set of objectives within a universal agreement to end poverty, protect all that makes the planet habitable, and ensure that all people enjoy peace and prosperity, now and in the future. The 2030 Agenda for Sustainable Development acknowledges the importance of the AU Agenda 2063 and considers it an integral part of it. Sustainable development relates to the principle of meeting human development goals while at the same time sustaining the ability of natural systems to provide the natural resources and ecosystem services upon which the economy and society depend (Cerin, 2006). In terms of SDG driven development, goal eight lends itself in particular to the Nigerian reality: “to promote sustained, inclusive and sustainable … The 193 member states of the United Nations have now adopted the Sustainable Development Goals (SDGs) for the period 2016–30 to follow the Millennium Development Goals (MDGs) that were in effect during 2000–15. Since then, many countries round the world have … We have also supported the establishment of SDGs Development Partners Forum which we also achor. Whereas the MDGs with its targets focused only on developing countries, the SDGs with its 169 targets are all countries encompassing Besides the 2030 Agenda, African countries have committed to implement the African Union Agenda 2063, which is both a vision and a plan to build a more prosperous Africa in 50 years. Hereâs What Not To Do In 2021. How does COVID-19 affect the Sustainable Development Goals? They are part of a larger framework, namely the UN 2030 Agenda for Sustainable Development. But they now have to create an entirely new road map, while trying to keep a well-funded opposition at bay. development problems in all sectors of the Nigerian economy. President of Nigeria Muhammadu Buhari. I am the managing director of LADOL â an industrial free zone in Lagos Harbour that provides a one-stop-shop secure and modern industrial village for multinational companies with high value projects operating in West Africa. By nurturing our land and adopting sustainable agriculture, present and future generations will be able to feed a growing population. The Nigerian government has been focused on job creation for decades and certain laws, the most powerful of which is the 2010 Local Content Act, have already been passed giving the current government the tools they need to create jobs locally. We support countries in achieving the SDGs through integrated solutions. Despite the positive development of the SDGs, the relatively muted response to their announcement reinforces the fact that the MDGs largely missed their mark. While the concept of sustainable development has been relevant since time immemorial, it can be argued that the … However, the nature of urbanisation has, to a limited extent, some positive implications for socio-economic development and management of urban Africa, including sustainable social, economic and environmental transformation. Across the world, governments are starting the process of aligning their development and planning processes with the goals, and grappling with the ensuing implications. Women’s economic gains at risk and increased levels of violence against women. Nigeria adopted the UN 2030 Agenda for Sustainable Development as a vehicle for freeing humanity from poverty, securing a healthy planet for future genera-tions, and building a peaceful, inclusive society as a foundation for ensuring a life of dignity for all. To achieve sustainable development in Nigeria, job enrichment and decongestion of the civil service by alternative employment (DAE) is therefore recommended. The result of this is a global data resource/guide and a menu of targets that can be tailored by indigenous public and private sector organisations, in each market, to suit their reality. This responsibility comes at a time when many of these countries, the most high profile example of which is Nigeria, are becoming real democracies. CEO Turnover Has Been Down At Some Companies During The Coronavirus Crisis. Number of people living below US$1.90 a day (2011 PPP), 1990-2013 13 Figure 2. The SDGs maybe a big part of the solution, giving President Buhariâs administration a development framework which can be customised by them and on which they can structure their new plans. Deepak Chopra And Gabriella Wright Are Closing The Gender Gap In Mental Health. Through the pledge to Leave No One Behind, countries have committed to fast-track progress for those furthest behind first. 6.3 Technological implications for sustainable development.....82 III. The NRVs will serves as a basis for anticipated regular reviews by the high-level political forum (HLPF) meetings held every year. 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