Malam Garba Shehu, a presidential spokesman in a statement in Abuja on Sunday, said the President spoke at the High Level meeting of the African Union Peace and Security Council on the State of Peace and Security in Africa at the 33rd AU Summit.

Buhari called for new strategies by the Union to effectively prevent, manage and resolve conflicts in the face of new circumstances and emerging challenges.

According to the Nigerian leader, Nigeria has fulfilled its financial obligations to the AU Peace Fund up to 2019, pledging to continue investing on peace and security on the continent.

On ECOWAS matters, Buhari declared that Nigeria is proud to continue to serve as a strong contributor to the peace roles played by the regional bloc.

”In Burkina Faso, we (ECOWAS) pledged to mobilize one billion US dollars to address the challenges of insecurity in our region and the Sahel. In Guinea Bissau, ECOWAS successfully midwifed the general elections.

”Nigeria along with ECOWAS member states led in the restoration of democracy and peace in the Gambia,” he said.

The President welcomed the collaborative leadership of the AU with other Regional Economic Communities in resolving conflicts on the continent.

On security challenges in Africa, the Nigerian Leader said it was regrettable that terrorism, violent extremism and other forms of vicious conflicts had continued to cause mayhem and untold crisis on the continent.

”Nigeria condemns, in the strongest terms, the perpetrators of terrorism in Libya, the Sahel, Lake Chad Basin, and parts of the Horn of Africa.

”We reiterate that efforts must continue to be pooled to mitigate this dreadful violence and secure the future of our continent,” he said.

The Nigerian leader, who also spoke on new strategies to resolve conflicts on the continent, said: ”The AU must strengthen its own capacity for mediation and develop an effective intervention roadmap.”

He added that more emphasis should be placed on promoting national dialogue, reconciliation and social cohesion in order to rally all actors toward sustainable peace.

On the Peace Fund, the President reminded the meeting that drawing from the Kigali and Johannesburg Assembly Decisions, the fund had been structured for the internal peace support arrangements within the continent and not as resources to subsidize the mandate of the UN Security Council.

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”In this regard, my delegation will always fervently contest attempts to make Africa subsidize the primary responsibility of the UN as clearly provided in it Charter,” he said.

Buhari also welcomed the decision of the AU Peace and Security Council (AUPSC) to adopt the regional stabilization strategy for the Lake Chad Basin and the renewal of mandates of the Multi National Joint Task Force (MNJTF) and the G5 Sahel Joint Force.

He told the meeting that Nigeria was very encouraged by the resolution of the continent’s standing decision-making body for conflict prevention, management and resolution on the Lake Chad Basin.

”We are hopeful that the Inter Water Basin Transfer Initiative for the recharging of the Lake Chad will address some of the drivers of terrorism, particularly the impact of climate change and inter-communal clashes over access to natural resources.

”We equally call on the Assembly to direct the full implementation of these AU-inspired initiatives,” he said