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More … Matters Arising: The global imperatives of good governance

by Admin
January 21, 2026
in Comments

Dr. Lanre Towry-Coker, FRIBA, FNIA, MA Law (UL), Ph.D, a former commissioner for housing in Lagos State, with a doctorate from Lagos State University, is founder of Towry-Coker Associates since 1976, and a professional architect with a postgraduate qualification in Architecture from the University of North East London. He had his professional training at the world famous Royal Institute of British Architects (RIBA) and is an Associate of the Chartered Institute of Arbitrators in the United Kingdom (ACI.Arb.); a Fellow of the Nigerian Institute of Architects (FNIA), he was elected Fellow of The Royal Institute of British Architects, (founded 1834), in November 2016, and is one of only forty architects worldwide to be so honoured. He is also the author of the book, “Housing Policy And The Dynamics Of Housing Delivery In Nigeria: Lagos State As Case Study” published by Makeway Publishers, and available on Amazon and also at The Royal Institute of British Architects, Portland Place. London.

 

 

Good governance is crucial on a global scale for several imperatives.

  1. Stability: Good governance fosters political stability, reducing the likelihood of conflicts and civil unrest, which can have far-reaching global repercussions.
  1. Economic growth: Countries with good governance tend to have stronger economies, which can contribute to global economic stability and growth.
  1. Rule of law: It promotes the rule of law, protecting human rights and ensuring that international agreements are upheld.
  1. Sustainable development: Good governance is essential for achieving sustainable development goals, such as addressing climate change and reducing poverty, which are global challenges.
  1. Transnational issues: Many global challenges, like terrorism, pandemics, and environmental crises, require cooperation and coordination between nations, which is facilitated by good governance.
  1. International relations: Nations with good governance are often seen as more reliable partners in international diplomacy and cooperation.
  1. Human rights: It helps protect and promote human rights globally, contributing to a more just and equitable world.
  1. Global trust: Good governance enhances trust between nations and institutions, which is crucial for international cooperation.
  1. Conflict prevention: By addressing grievances and ensuring inclusive governance, it helps prevent conflicts that can escalate to international crises.
  1. Accountability: It holds governments and institutions accountable for their actions, reducing corruption and improving transparency on a global scale.

Overall, good governance is essential for addressing the complex global challenges of our time and fostering a more peaceful, prosperous, and equitable world.

‘If the poor go hungry, the rich cannot sleep.’

business a.m. commits to publishing a diversity of views, opinions and comments. It, therefore, welcomes your reaction to this and any of our articles via email: comment@businessamlive.com  

Admin
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