Orelope-Adefulire made the call while speaking at a
high-level event held at the margins of the 78th Session of the United Nations
General Assembly (UNGA78) in New York tagged, “Accelerating SDGs Progress
Through National Financing Strategies and Integrated National Financing
Frameworks (INFFs).”
The event was organized by the governments of Nigeria and
Indonesia, in collaboration with key partners including the INFF Facility,
UNDP, UNDESA, UNICEF, and the International Budget Partnership (IBP) with the
aim of shedding light on the critical role of national financing strategies and
INFFs in achieving SDGs.
It also provided a platform for countries to share their
experiences, challenges, and solutions related to financing strategies,
furthering the global conversation on how INFFs and national financing
strategies can drive progress towards the SDGs in the second half of the
timeline for achievement of the goals.
Speaking at the event, Princess Orelope-Adefulire
acknowledged the transformative potential of the 2030 Agenda for Sustainable
Development and the commitment of development partners, particularly the United
Nations, in advancing this global agenda.
She noted that Nigeria, in alignment with its national
development priorities, has integrated the SDGs into key policy documents,
including the Economic Recovery and Growth Plan, the Economic Sustainability
Plan, the National Poverty Reduction with Growth Strategy, and the National
Development Plan.
Highlighting Nigeria’s pioneering role, Princess
Orelope-Adefulire noted that the country made history with the launch of her
INFF Report at the UNGA last year. She emphasized that the INFF serves as a
vital planning tool to enhance sustainable development financing at the
national levels, in line with the Addis Ababa Action Agenda.
The senior special assistant reiterated Nigeria’s commitment
to leveraging the INFF framework, especially in light of global fiscal
challenges. She underscored the importance of mobilizing both domestic and
international resources to finance sustainable development, highlighting the
need for investments in the public sector to be aligned with the SDGs.
Princess Orelope-Adefulire also expressed Nigeria’s intent
to prioritize investments with multiplier effects on all the SDGs and to
strengthen partnerships with the United Nations Development system, the private
sector, and non-state actors with the aim of fostering a collaborative “whole
of society” approach to implementing the INFF Roadmap in Nigeria.
She concluded by restating Nigeria’s unwavering commitment
to advancing the SDGs.
Orelope- Adefulire at the High-Level Event to Accelerate
SDGs Progress Through National Financing Strategies and INFFs At the 78th
Session of the United Nations General Assembly (UNGA),
Orelope- Adefulire and others at the High-Level Event to
Accelerate SDGs Progress Through National Financing Strategies and INFFs At the
78th Session of the United Nations General Assembly (UNGA),
Also speaking, Ms. Kitty van der Heijden, Deputy Executive
Director of Partnerships, UNICEF noted that INFF is significant as an
instrument for prioritizing expenditures in favour of social and environmental
sectors in an inclusive way.
She particularly lauded Nigeria’s efforts in exploring the
possibility of aligning the national and sub-national budget allocations with
the SDGs.
Ms. Kitty van der Heijden further stated that to deliver on
the SDGs, countries need a strategic mix of public and private capital, in
addition to the call by the UN Secretary-General for SDG stimulus, more ODA
spending, more development lending, and more contingency finance at the same
time.
This position was re-echoed by Mr. Haoliang Xu, Under
Secretary-General and Associate Administrator, UNDP, who added that the effort
by Nigeria is a worthy example for other UN member-states to adopt.
The High-Level event featured other distinguished speakers,
including Ms. Raden Siliwanti, Director for Multilateral Funding at the
Ministry of National Development Planning in Indonesia, Mr. Li Junhua, Under
Secretary-General of UNDESA, Mansur Mukhtar, former Minister of Finance,
Tijjani Muhammad-Bande, Permanent Representative of Nigeria to the United
Nations and former President of the 74th session of the UNGA, Ms. Ana Patricia
Muñoz, Executive Director of IBP, Ms. Elizabeth Boggs Davidsen, Vice President
of the Office of Development Policy, and Mr. Patrick Rabe, UN Partnerships Team
Lead at the European Commission.