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President Tinubu Urges UN to Sanction Companies, Individuals Engaged in Illegal Arms and Minerals Smuggling in Africa

President Tinubu Urges UN Nations to Sanction Arms, Minerals Smugglers (News Central TV)

President Tinubu of Nigeria delivered a compelling address at the 78th United Nations General Assembly in New York City, calling upon member states to take concrete actions to combat terror financing, economic sabotage, and the illicit smuggling of minerals and arms in the developing world.

In his speech, President Tinubu emphasised the urgent need for UN member states to translate their commitments into tangible efforts aimed at curbing these illicit activities. He particularly highlighted the plundering of mineral-rich regions in Africa, citing the Democratic Republic of Congo as an example of a nation enduring decades of exploitation despite the presence of a robust UN mission.

President Tinubu expressed concern over foreign entities, often aided by local criminal networks aspiring to become petty warlords, engaging in illegal mining activities that have enslaved thousands of African people and syphoned off billions of dollars meant for national development. He warned that if left unchecked, these activities would pose a severe threat to peace and national security.

Nigeria’s President Tinubu addressing the United Nations General Assembly in the United States on Tuesday, September 19 2023.

The Nigerian President challenged the international community to address this issue head-on, stating, “Member nations must reply by working with us to deter their firms and nationals from this 21st century pillage of the continent’s riches. To keep faith with the tenets of this world body and the theme of this year’s Assembly, the poverty of nations must end.” He emphasised that it was time to end the injustice of stronger nations exploiting the resources of African nations.

President Tinubu acknowledged his administration’s efforts to attract new investment to Nigeria and create a business-friendly environment. However, he stressed that true cooperation required more than just Nigeria’s openness to foreign businesses. He called for direct investments in critical industries, greater access for African exports to global markets, and meaningful debt relief as essential aspects of mutually beneficial cooperation.

The President also highlighted the global fight against climate change, emphasising the importance of tailored strategies that consider each nation’s unique socio-economic strengths and weaknesses. He urged established economies to provide public and private sector investments for Africa’s preferred climate change projects and initiatives.

President Tinubu concluded his address by emphasising Africa’s significance in the global context. He appealed for genuine friendship and partnership, stating, “Walk with us as true friends and partners. Africa is not a problem to be avoided, nor is it to be pitied. Africa is nothing less than the key to the world’s future.”

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