The Chairman, United Bank for Africa Group (UBA), Tony Elumelu, has proposed a final solution to insecurity and terrorism which has ravaged the Northern part of Nigeria and some other parts of Africa, affecting trade and economic development in those areas.
To put an end to terrorism and stop the continuous recruitment of the youths by terrorists and violence sponsors, Elumelu said there’s the need for government to create jobs and the private sector to invest in the youths. He said the lack of employment opportunities serves as a recruiting tool for those benefiting from the violence.
Elumelu, who is also the founder of Tony Elumelu Foundation (TEF) said poverty is a threat to mankind globally as it results in extremism. He made this comment while speaking at Dakar International Forum on Peace and Security in Africa, with the President of Senegal, Macky Sall and President of Mauritania, Mohamed Ould Ghazouani in attendance. Others who attended the forum include Defence Minister of France, Florence Parly and former President of Burundi and representative of the African Union, Pierre Buyoya.
Job creation, not seminars, is the panacea for insecurity
While speaking at the event, Elumelu said regardless of the number of seminars held to discuss insecurity in Africa, if jobs were not created and poverty was not curbed, extremists would continue to brainwash the youths. According to him, deliberating on weapons to defend against insurgency is not enough and not the lasting solution.
“To tackle insecurity, we must tackle poverty, which is the root cause. We must do this by: 1. Prioritising our young ones by creating economic opportunities for them 2. Driving inclusive growth 3. Involving our women in the development agenda of the continent. While it is no doubt important to discuss weaponry and other means to deal with insurgency, lasting peace can only be attained in the long run by investing in our people across Africa,” Elumelu said.