Nigeria urgently needs $10 billion annually to achieve SDGs—Amina Muhammed

NAIRAMETRICS

The Deputy Secretary-General of the United Nations, Amina Mohammed, has said that Nigeria will need to spend $10 billion annually to achieve the UN’s Sustainable Development Goals (SDGs).

Mohammed stated this on Wednesday during a stakeholder conference to commemorate the 20th anniversary of the MTN Foundation.

In her virtual keynote speech, the UN Deputy Secretary-General encouraged private sector organizations to invest their resources in promoting welfare and development, noting that they are instrumental in achieving the UN’s global SDGs.

While noting that achieving the 2030 goals would require resources far beyond the reach of governments alone, she said: “In Nigeria, achieving the SDGs will require $10 billion annually, a challenge no government can meet alone.”

Emphasizing that achieving the SDGs would require the mobilization of support from all sectors, Mohammed commended the MTN  Foundation for its commitment to championing sustainable development through its diverse CSR initiatives.

“MTN Foundation embodies the transformative power of public-private partnerships. Its investment in education, healthcare, digital literacy and youth empowerment has touched the lives of countless individuals.

“By providing scholarships, supporting maternal and child health and helping young people develop skills for the future, MTN Foundation’s initiatives build resilience in our communities and create pathways for sustainable growth,” she said.

Mohammed affirmed the United Nation’s continued support for the MTN Foundation and its initiatives.

“The United Nations stands ready to accompany the MTN Foundation and other private sector partners on this collective journey, amplifying our collective impact.

“Together we can accelerate action on the SDGs, foster innovation and address systemic barriers to development,” Mohammed added.