Professor Eghosa Osaghae discusses Nigeria’s need for foreign diplomatic engagements under President Bola Tinubu, emphasizing that these efforts can yield beneficial returns in terms of economic growth and security enhancements. He stresses the necessity of collaboration with neighboring countries, particularly in addressing shared security threats, and contextualizes these diplomatic initiatives within broader global frameworks like BRICS.
In a recent interview, Professor Eghosa Osaghae, the Director-General of the Nigerian Institute of International Affairs, elaborated on the strategic importance of foreign trips undertaken by Nigeria’s President Bola Tinubu and Vice President Kashim Shettima. Osaghae emphasized that despite the immediate resource expenditure associated with such diplomatic missions, the long-term benefits, including foreign direct investment (FDI) and economic growth, significantly outweigh these costs. He highlighted that investment in these trips is akin to any investment, whereby returns are expected based on the initial investment. The resultant enhancement in national welfare and development validates these diplomatic efforts.
Moreover, Osaghae articulated the pressing need for Nigeria to engage in economic diplomacy alongside security diplomacy to confront the prevalent insecurity within the nation. He argued that local resources are insufficient to address these extensive security challenges that have transnational implications. Hence, collaboration and support from foreign allies are crucial for obtaining necessary technologies and weapons to combat terrorism and banditry effectively. The ongoing security concerns further necessitate that Nigeria and its neighboring nations, such as Niger, work collaboratively to combat shared threats through a unified approach.
Examining the evolving dynamics with the Sahelian states, particularly Nigeria’s diplomatic relations, Osaghae expressed concern over the recent military coups in Mali, Burkina Faso, and Niger. He identified the complex historical and cultural ties between Nigeria and Niger, explaining that mutual dependency is essential for addressing cross-boundary security challenges. Furthermore, he stated that while these nations may have withdrawn from ECOWAS, essential interactions such as trade and movement across borders would continue, emphasizing the interconnectedness of these regional issues.
Finally, regarding Nigeria’s potential membership in BRICS, Osaghae emphasized that this alliance represents a coalition of Global South countries rather than an anti-American consortium. He posited that Nigeria’s inclusion would open opportunities for economic collaboration and lend support to the countrys’ aspirations for a broader international presence, thus enriching the nation’s diplomatic portfolio. Osaghae concluded that navigating these geopolitical landscapes effectively is paramount for Nigeria’s future success and stability.
The Nigerian Institute of International Affairs (NIIA) serves as a prominent think tank that promotes the understanding and examination of Nigeria’s diplomatic and foreign policy matters. In recent years, Nigeria has grappled with significant insecurity challenges, including terrorism and banditry, which have severely impacted its development and economic growth. Concurrently, President Bola Tinubu’s administration has prioritized foreign relations and investment to stimulate growth and reassert Nigeria’s influence within Africa. This context frames the importance of diplomatic missions both for economic and security cooperation with neighboring nations and the international community at large.
Professor Eghosa Osaghae succinctly articulated the importance of Nigeria’s diplomatic efforts led by President Bola Tinubu, noting the significance of foreign investments and alliances in combating insecurity and fostering economic growth. He underscored the necessity for regional collaboration particularly with countries like Niger, as shared security challenges transcend national borders. Additionally, Osaghae’s insights on Nigeria’s potential participation in BRICS highlights the country’s strategic pursuit of diversified international relationships to bolster its economic standing amidst contemporary global dynamics.
Original Source: punchng.com
