The ECOWAS Commission has called on the business community in the sub-region to invest in peace and conflict prevention and management, saying businesses and investors suffer more during conflicts.
ECOWAS Commissioner for Political Affairs, Peace and Security Mrs Halima Ahmed, at the opening of a two-day conference in Abuja, said increasing banditry is gradually replacing decent lifestyle in West Africa.
The event, themed, “Leveraging the Power of the Private Sector in Conflict Prevention in West Africa,” was sponsored by German department for foreign investment, GIZ.
Foremost entrepreneur and founder of the Lagos Business School, Prof Pat Utomi, said for the private sector to thrive in Nigeria and the ECOWAS region, it must begin a conscious investment in peace and conflict prevention.
He said businesses apart from adhering to sound policies guiding corporate social responsibility, can contribute to innovative ideas that would help in construction and reconstruction of areas devastated by conflicts.
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