Former Vice President, Professor Yemi Osinbajo, has urged African leaders to rethink the continent’s approach to development by prioritizing social justice over mere economic growth indicators. Speaking at the Ford Foundation’s 65th anniversary celebration in Abuja, themed “From Nation Building to Social Justice,” Osinbajo argued that progress should be measured by the quality of citizens’ lives, not just by Gross Domestic Product (GDP).
He noted that while Africa remains one of the fastest-growing continents economically, it still records some of the lowest living standards globally. “GDP growth does not necessarily translate to jobs or decent living,” he said, stressing that development must begin from the grassroots and reflect in the daily realities of citizens.
Drawing from his experience as head of Nigeria’s Economic Management Team, Osinbajo emphasized that social justice ensures fair access to opportunities, protection of rights, and dignity for all. He described it as the “bedrock of sustainable development” that bridges the gap between policy and people.
He also highlighted climate justice as a key element of social justice, noting that Africa bears the brunt of climate change despite contributing the least to global emissions. He called on industrialized nations and corporations responsible for environmental degradation to support adaptation and recovery efforts in vulnerable regions such as the Niger Delta.
Osinbajo further linked anti-corruption efforts to social justice, warning that unchecked corruption could cost Nigeria up to 37% of its GDP by 2030. “Anti-corruption is not just governance reform—it is a social justice program that protects public resources and fuels economic growth,” he stated.
The event also featured remarks from the Minister of Budget and National Planning, Senator Abubakar Bagudu, who commended the Ford Foundation’s role in promoting inclusive growth. He revealed that the government is mapping economic opportunities across Nigeria’s 8,809 wards to drive local prosperity.
Dr. ChiChi Aniagolu-Okoye, Regional Director of the Ford Foundation, reflected on the organization’s six-decade journey in West Africa, emphasizing that real progress must be homegrown and rooted in justice. Senior Vice President Martín Abregu also celebrated West Africa’s resilience and creativity, reaffirming the foundation’s commitment to empowering communities and advancing equality.
