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Botu Advocates for Federal Government Collaboration with Traditional Council of Kings to Foster Economic Stability in Nigeria,

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By EgbemaVoice,

As Nigerians battles with reality of the current hard economic facing the nation, a Niger Delta stakeholder, Prince Emmanuel Botu aka Olotu has advised President Bola Ahmed Tinubu led federal government to partner with the council of kings across the country in order to address the nation's dwindling economic.

Prince Botu gave the advice on Thursday in Abuja during a press briefing stressed that if the federal government can collaborate with the council of kings will drive the growth of the nation's economy, promote social cohesion and enhance good governance.

He noted that the council of kings comprising traditional rulers from various regions of the country plays a vital role in promoting cultural heritage, social cohesion, grassroots economic development, improved good governance and accountability, adding that through the collaboration it will yield positive results and contribute to the economic stability and prosperity of the nation.

Read below full details of the statement.

14th November, 2024

Press Statement:

Enhancing Economic Stability Through Collaboration Between Federal Government And The Traditional Council of kings ln Nigeria. 

Ladies and gentlemen of the press, esteemed guests, and fellow Nigerians, I am honored to address you today on a crucial matter that has the potential to transform our nation's economic landscape.

The Federal Government of Nigeria has been exploring innovative ways to enhance economic stability and growth. One of such approach is collaborating with the Council of Kings in Nigeria. This partnership may seem unconventional, but bear with me as I outline the benefits.

*Cultural Significance and Social Cohesion*

The Council of Kings, comprising traditional rulers from various regions, plays a vital role in promoting cultural heritage and social cohesion. By collaborating with the Federal Government, we can tap into their wealth of knowledge and influence to drive economic development that is sensitive to local needs and contexts.¹

*Grassroots Economic Development*

Traditional rulers have a deep understanding of their communities' economic challenges and opportunities. Through this collaboration, we can identify and support grassroots economic initiatives that have the potential to create jobs, stimulate local economies, and reduce poverty.

*Improved Governance and Accountability*

The Council of Kings can serve as a bridge between the government and local communities, ensuring that economic development projects are transparent, accountable, and responsive to community needs. This partnership can also help to strengthen traditional institutions and promote good governance.

*Economic Empowerment and Stability*

By working together, we can unlock new economic opportunities, promote entrepreneurship, and enhance economic stability. This collaboration can also help to address regional disparities and promote inclusive economic growth.

In conclusion, the collaboration between the Federal Government and the Council of Kings in Nigeria has the potential to drive economic growth, promote social cohesion, and enhance governance. We believe that this partnership will yield positive results and contribute to the economic stability and prosperity of our great nation.

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