Good Governance includes
To be accountable, where leaders are expected to be accountable to the people
Transperency
Transperency is the process of open decisions making and access of informations to the people
Inclusiness
This process is to involves communities in decision making process or policy formations affecting them
Effectiveness
Effectiveness is the process of efficient use of resources for development and benefits of the people
When we talk of right policies in place to reduce poverty, we mean
Social protection which involves cash transfer ,food aid , healthcare access to vulnerable or underserved communities
Economic opportunities
This is by creating jobs, entrepreneurship support ,fair wages etc
Investment in human capital through affordable education,healthcare, skill acquisition among others
Infrastructural development is the building of roads, energy ,digital access for economic growth especially in the underserved rural communities
Agricultural support
Boost productivity by opening market access for farmers through Good road networks in rural communities
On the other hands Economic empowerment involves
Job creation and entrepreneurship.
Empower people to earn a living ,start business and support families
Access to financial services
This financial services are micro like the micro finance savings and insurance by helping people manage thier risks and invest in the future
Skill development
Equip individuals with skills for better job opportunities
Market access
Connects producers to market for economic activities to boost thier incomes generation activities
Relevant stake holders are therefore required for cooperation and collaborations to achieve this objectives for example
Government
Government can creat policies , provide funding and implement programs
NGOs
NGOs can implement grassroot initiatives by providing training and Advocacy
Private sectors
The private sector can creat jobs ,invest in communities and drives innovations for empowerment
Communities
Communities can drive local solutions and own development
In conclusion in Nigeria there are programs like the youth entrepreneurship support (YES) initiatives which empower young Nigeria entrepreneurs for self reliance and job creation.
– Benjamin Ibrahim writes from Lokoja, Kogi state.
+2348069596250
