February 7, 2023

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China, Russia Dominance: US woes African leaders

Buhari-re

Buhari-re

President Muhammadu Buhari will join other African leaders at the United States-Africa Leaders Summit holding from 13th to 15th December 2022 in Washington.

President of the United States, Mr. Joe Biden who is hosting the African leaders will try to salvage its already precarious record of one-sided economic,political, security, and trade relations with African nations, from showing almost zero financial and medical support during the COVID epidemic and its commonly alleged anti-government stance in war-torn African states.

US will endeavour to wrestle the continent from China and Russia’s growing economic and military influence moreso, because Africa is planet earth’s hotspot for raw juices crucial to the health of the global economy, experts believe it will be suicidal for the US economy to lose out of the renewed clamour for Africa.

Already, there are allegations of a plan to upset the US dollar as the global monetary standard by a coalition of more than 5 muscle nations including India, China and Russia. Whether this becomes practical is not the point, but that the dollar is already marked for demolition says Julius Alagbe, a foreign economic relations expert.

The US will attempt to pull together, civil society organisations, diaspora communities across the United States, and the private sector to strengthen its Africa relations.

On Day 1 of the programme, President Buhari will speak on, ‘Conservation, Climate Adaptation and a Just Energy Transition, dwelling directly on the ”Just Energy Transition” component.

On the sidelines of the summit, the Corporate Council of Africa will host the Nigerian delegation to a US-Nigeria Business and Investment Forum Business Roundtable, during which Nigerian organisations and businesses are expected to sign agreements with their American counterparts.

President Buhari, who will be accompanied on the trip by Governor Bala Mohammed of Bauchi and Governor AbdulRahman AbdulRazaq of Kwara States, relevant ministers and top government officials, is expected back in the country on Sunday, December 18.

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