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UN Report: 2024 Could Errand Protracted Period of Low Growth

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UN Report: 2024 Could Errand Protracted Period of Low Growth

By: Michael Mike

A United Nations flagship economic report has raised an alarm that protracted period of low growth looms large, and could undermine progress on sustainable development.

According to the report released on Friday, weakening global trade, high borrowing costs, elevated public debt, persistently low investment, and mounting geopolitical tensions put global growth at risk.

The global economic growth is projected to slow from an estimated 2.7 per cent in 2023 to 2.4 per cent in 2024, trending below the pre-pandemic growth rate of 3.0 per cent, according to the United Nations World Economic Situation and Prospects (WESP) 2024, launched on Friday.

This latest forecast comes on the heels of global economic performance exceeding expectations in 2023. However, last year’s stronger-than-expected GDP growth masked short-term risks and structural vulnerabilities, according to the report.

The UN’s flagship economic report presents a sombre economic outlook for the near term. Persistently high interest rates, further escalation of conflicts, sluggish international trade, and increasing climate disasters, pose significant challenges to global growth.

The report stated that the prospects of a prolonged period of tighter credit conditions and higher borrowing costs present strong headwinds for a world economy saddled with debt, while in need of more investments to resuscitate growth, fight climate change and accelerate progress towards the Sustainable Development Goals (SDGs).

Reacting to the report, the United Nations Secretary- General, António Guterres, said: “2024 must be the year when we break out of this quagmire. By unlocking big, bold investments we can drive sustainable development and climate action, and put the global economy on a stronger growth path for all,” adding that:
“We must build on the progress made in the past year towards an SDG Stimulus of at least $500 billion per year in affordable long-term financing for investments in sustainable development and climate action.”

The report stated that growth in several large, developed economies, especially the United States, is projected to decelerate in 2024 given high interest rates, slowing consumer spending and weaker labour markets. The short-term growth prospects for many developing countries – particularly in East Asia, Western Asia and Latin America and the Caribbean – are also deteriorating because of tighter financial conditions, shrinking fiscal space and sluggish external demand.

Low-income and vulnerable economies are facing increasing balance-of-payments pressures and debt sustainability risks. Economic prospects for small island developing States, in particular, will be constrained by heavy debt burdens, high interest rates and increasing climate-related vulnerabilities, which threaten to undermine, and in some cases, even reverse gains made on the SDGs, according to the report.

The report further showed that global inflation is projected to decline further, from an estimated 5.7 per cent in 2023 to 3.9 per cent in 2024. Price pressures are, however, still elevated in many countries and any further escalation of geopolitical conflicts risks renewed increases in inflation.

In about a quarter of all developing countries, annual inflation is projected to exceed 10 per cent in 2024, the report highlighted, showing that since January 2021, consumer prices in developing economies have increased by a cumulative 21.1 per cent, significantly eroding the economic gains made following the COVID-19 recovery. Amid supply-side disruptions, conflicts and extreme weather events, local food price inflation remained high in many developing economies, disproportionately affecting the poorest households.

“Persistently high inflation has further set back progress in poverty eradication, with especially severe impacts in the least developed countries,” said United Nations Under- Secretary-General for Economic and Social Affairs, Li Junhua,.

He said: “It is absolutely imperative that we strengthen global cooperation and the multilateral trading system, reform development finance, address debt challenges and scale up climate financing to help vulnerable countries accelerate towards a path of sustainable and inclusive growth.”

According to the report, the global labour markets have seen an uneven recovery from the pandemic crisis. In developed economies, labour markets have remained resilient despite a slowdown in growth. However, in many developing countries, particularly in Western Asia and Africa, key employment indicators, including unemployment rates, are yet to return to pre- pandemic levels. The global gender employment gap remains high, and gender pay gaps not only persist but have even widened in some occupations.
Stronger international cooperation needed to stimulate growth and promote green transition.

It advised that Governments will need to avoid self-defeating fiscal consolidations and expand fiscal support to stimulate growth at a time when global monetary conditions will remain tight, adding that Central banks around the world continue to face difficult trade-offs in striking a balance between inflation, growth and financial stability objectives. Developing country central banks, in particular, will need to deploy a broad range of macroeconomic and macroprudential policy tools to minimize the adverse spillover effects of monetary tightening in developed economies.

Furthermore, the report emphasized that robust and effective global cooperation initiatives are urgently needed to avoid debt crises and provide adequate financing to developing countries. Low-income countries and middle-income countries with vulnerable fiscal situations need debt relief and debt restructuring to avoid a protracted cycle of weak investment, slow growth and high debt-servicing burdens.

It added that in addition, global climate finance must be massively scaled up. Reducing – and eventually eliminating – fossil fuel subsidies, following through on international financing commitments, such as the $100 billion pledge to support developing countries, and promoting technology transfer are critical for strengthening climate action worldwide. It also underscores the ever- increasing role of industrial policies to bolster innovation and productive capacity, build resilience and accelerate a green transition.

UN Report: 2024 Could Errand Protracted Period of Low Growth

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FG Unveils NHRC–Police Liaison Framework to Tackle Rights Violations, Strengthen Accountability

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FG Unveils NHRC–Police Liaison Framework to Tackle Rights Violations, Strengthen Accountability

By: Michael Mike

The Federal Government on Wednesday launched a new institutional framework aimed at strengthening collaboration between the National Human Rights Commission (NHRC) and the Nigeria Police Force (NPF), describing it as a major step towards addressing human rights violations, improving police accountability and rebuilding public confidence in law enforcement.

Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, who inaugurated the NHRC–NPF Liaison Framework at the headquarters of the National Human Rights Commission in Abuja, said the initiative would institutionalise cooperation between both agencies to ensure more effective protection of citizens’ rights and improve the administration of justice.

Fagbemi acknowledged that despite the police and the NHRC being established to safeguard citizens’ rights, a significant number of complaints received by the commission still emanate from alleged abuses by law enforcement agencies.

According to him, government has a constitutional and international obligation under the International Covenant on Civil and Political Rights (ICCPR) to provide effective remedies for victims of human rights violations, making closer collaboration between the two institutions imperative.

“Effective policing and respect for human rights are mutually reinforcing objectives that strengthen public confidence, improve cooperation between law enforcement agencies and the communities they serve, and contribute to the overall effectiveness of the criminal justice system,” he stated.

The Attorney-General described the liaison framework as a practical mechanism that would enable the NHRC and the police to improve communication, facilitate prompt handling of complaints, strengthen oversight of police detention facilities, ensure greater compliance with human rights standards and jointly address systemic challenges affecting justice delivery.

He stressed that sustainable reforms in the criminal justice sector could only be achieved through institutional partnerships rather than isolated interventions.

The Attorney-General noted that the framework introduces designated focal officers at national and operational levels, transforming previous informal engagements into a structured and enduring institutional relationship.

He said the initiative also places emphasis on preventing rights violations through continuous dialogue, training, institutional cooperation and preventive oversight rather than merely responding after abuses occur.

Fagbemi highlighted ongoing reforms undertaken by the Federal Government to modernise Nigeria’s justice system, citing the Administration of Criminal Justice Act, 2015, the Anti-Torture Act, 2017, and the Police Act, 2020 as legislative milestones designed to strengthen accountability and ensure respect for constitutional rights.

He added that the administration of President Bola Ahmed Tinubu had continued to deepen justice sector reforms by improving judicial infrastructure, appointing judges to fill vacancies and significantly enhancing the welfare and remuneration of judicial officers.

The minister also linked the government’s broader security reforms to improved human rights protection, disclosing that President Tinubu had approved a salary increase of between 30 and 80 per cent for personnel of the Nigerian Armed Forces as part of efforts to boost professionalism, morale and operational effectiveness.

According to him, stronger welfare for security personnel complements efforts to build institutions that uphold accountability, human dignity and the rule of law.

He assured that the Federal Ministry of Justice would continue to support initiatives promoting cooperation among law enforcement agencies, oversight institutions, prosecutors, the judiciary, legal aid organisations and civil society.

Fagbemi, however, cautioned that the success of the framework would depend not on its inauguration but on faithful implementation by designated officers and participating institutions.

He urged all stakeholders to ensure regular communication, diligent monitoring and sustained collaboration to achieve measurable improvements in policing and human rights protection.

Earlier, the Executive Secretary of the National Human Rights Commission, Chief Tony Ojukwu, described the inauguration as the beginning of a new phase of institutional partnership between two critical national institutions charged with safeguarding the rights, dignity and security of Nigerians.

Ojukwu said the framework was the culmination of sustained engagement between the Commission and the Nigeria Police Force, tracing its origins to a high-level working visit convened by the Administration of Criminal Justice Monitoring Committee on June 16, 2025, and reinforced through subsequent consultations between the Commission and police leadership.

According to him, both institutions had consistently reaffirmed that protecting human rights and maintaining public safety are complementary responsibilities requiring robust collaboration rather than isolated action.

He commended the Inspector-General of Police for approving the reactivation of the NHRC–NPF Liaison Framework and for supporting the establishment of national coordination structures that would deepen cooperation between the two institutions.

Ojukwu also praised the Deputy Inspector-General of Police and other senior officers for their commitment to translating the initiative into an operational framework through extensive consultations with the Commission.

He explained that the framework was designed to move beyond dialogue to practical implementation by strengthening institutional accountability, promoting respect for human rights, ensuring compliance with the Constitution and criminal justice laws, improving professionalism in policing, enhancing public confidence in law enforcement and deepening strategic collaboration between the NHRC and the police.

According to him, the partnership will establish structured communication channels, improve complaint resolution mechanisms, strengthen detention monitoring, build the capacity of officers and develop coordinated responses to emerging human rights challenges across the country.

“Our shared objective is clear—to ensure that policing activities across Nigeria consistently uphold the rule of law, professionalism and respect for the dignity of every person,” he said.

Ojukwu reaffirmed the Commission’s commitment to working closely with the Nigeria Police Force and other justice sector institutions to ensure the effective implementation of the framework, expressing confidence that the partnership would significantly strengthen accountability, improve human rights compliance and enhance public trust in law enforcement.

The Attorney-General expressed optimism that the NHRC–NPF Liaison Framework would strengthen human rights-compliant policing, improve detention oversight, enhance accountability, expand access to justice and reinforce public trust in Nigeria’s criminal justice system.

He congratulated the leadership of both the National Human Rights Commission and the Nigeria Police Force for initiating what he described as a landmark partnership and urged all participating institutions to remain committed to its successful implementation in the interest of justice, the rule of law and the protection of the rights and freedoms of all Nigerians.

FG Unveils NHRC–Police Liaison Framework to Tackle Rights Violations, Strengthen Accountability

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Troops Arrest Herder Over Alleged Farm Destruction in Plateau

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Troops Arrest Herder Over Alleged Farm Destruction in Plateau

By Zagazola Makama

Troops of Sector 1, Operation Enduring Peace , have arrested a herder following the alleged destruction of a farmland in Jos East Local Government Area of Plateau State.

Intelligence sources told Zagazola Makama that the troops of Sub-Sector 12 responded at about 12:30 p.m. on Aug. 4 to a report of farmland destruction belonging to Matthew Ezekiel at Kerker Community.

On arrival at the scene, the troops arrested Yusuf Zakariah, 17, a herder suspected to be connected with the incident.

The sources said efforts are underway to resolve the dispute peacefully, with both parties currently engaged in negotiations alongside the Ardo, Muhammad Zakariah, under the supervision of security personnel.

Operation Enduring Peace said it would continue to promote peaceful coexistence between farming and herding communities while ensuring that individuals found culpable for acts capable of disrupting public peace are brought to justice.

Troops Arrest Herder Over Alleged Farm Destruction in Plateau

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Troops Rescue Injured Farmer, Seize 27 Cattle After Violent Herders’ Attacks in Plateau

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Troops Rescue Injured Farmer, Seize 27 Cattle After Violent Herders’ Attacks in Plateau

By Zagazola Makama

Troops of Sector 8, Operation Enduring Peace have rescued an injured farmer and confiscated 27 cattle following separate incidents involving suspected violent herders in Mangu Local Government Area of Plateau State.

Intelligence sources told Zagazola Makama that the first incident occurred at about 4:05 p.m. on Aug. 3 when troops deployed at Komtul responded to a distress call over an attack on a farmer, Kopdi Istifanus, at his farmland in Maraban Village, Pushit District.

The sources said the troops’ swift intervention forced the suspected herders to flee, while the injured farmer was rescued and evacuated to Miton Clinic, Pushit, for medical treatment.

In a related development at about 6:57 p.m. the same day, troops responded to another report of herders allegedly attacking farmers across the Bwor River in Mangu LGA.

On arrival, the troops reportedly sighted some herders chasing farmers away from their farmlands while armed with knives.

According to the sources, the situation became violent when the herders allegedly attempted to attack the troops with a knife during efforts to restore order.

The troops consequently fired two rounds of 7.62 x 39mm special ammunition to subdue the assailants, who abandoned the knife and fled the scene, leaving behind their livestock.

Security personnel recovered the knife and confiscated 27 cattle belonging to the fleeing herders for further necessary action.

Troops are maintaining dominance in the general area, while efforts are ongoing to apprehend the fleeing suspects and prevent further attacks on farming communities.

Troops Rescue Injured Farmer, Seize 27 Cattle After Violent Herders’ Attacks in Plateau

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