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UN Report: 2024 Could Errand Protracted Period of Low Growth
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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Gombe, UNICEF move to end child poverty
Gombe, UNICEF move to end child poverty
The Gombe State government through its Ministry of Budget and Economic Planning in collaboration with the United Nations Children’s Fund (UNICEF) has begun a three-day training for council officials in the state.
The training is geared towards combating the multidimensional poverty amongst children in the 11 Local Government Areas of the state.
Speaking during the workshop in Gombe on Tuesday, Dr Nuzhat Rafique, the Chief of Field Office at UNICEF’s Bauchi Field Office expressed concern over the high level of child poverty in the state.
Rafique said that the 2024/2025 Multiple Indicator Cluster Survey (MICS) conducted in the state showed that seven out of 10 children in Gombe State experience multidimensional poverty.
She stated that in view of the challenge, many children in the state were being deprived of basic life necessities.
The chief said that the progress of Gombe State and Nigeria at large depended on how well multidimensional poverty amongst children was tackled.
She said that tackling child poverty remained key to ensuring that children in the state were better protected to grow well and contribute to the development of the state and country.
According to her, it is in that regard, that UNICEF is supporting the state to expand social protection programmes, improve healthcare access, and tackle severe child food poverty.
She further stated that UNICEF through the training would support the planning and budgeting exercise at the LGA levels towards tackling child poverty in the state.
“According to the data collected by the household survey, there are 7 out of 10 children suffering from some forms of multidimensional poverty.
” This is a high level of multidimensional poverty that we see in Gombe and other states as well.
“We don’t want any child to suffer any form of multidimensional poverty but 70 per cent of children are involved which is why UNICEF is involved.
“Some of the LGAs with high levels of deprivation are Dukku, Balanga, Nafada.
“We want to concentrate on the most deprived LGAs but also within LGAs, the most deprived areas where children are suffering the most, reaching the poorest of the poor,” she said
On his part, Mr Jalo Ali, the Permanent Secretary, Gombe State Ministry of Finance who is also overseeing the Ministry of Budget and Economic Planning urged participants to leverage the training to enhance their capacity.
Represented by Mr Musa Babaji, Director, Administration and Finance, Ministry of Finance, Ali tasked participants to have cross-sector thinking about the theme of the workshop, stating that poverty facing children in the state was multidimensional.
“It (child poverty) involves so many things reason it is called multidimensional therefore there is need for cross sector thinking.
“Such thinking that is focused on solutions that are measurable, practicable and people oriented to achieve the purpose of this workshop,” he said
The Statistician General of Gombe State, Alhaji Ibrahim Dule who was represented by Musa Umar, the overseeing Director, Economic and Social Statistics, Gombe State Bureau of Statistics gave the outcome of the survey conducted in the state with the support of UNICEF.
Dule said that the Gombe State General Household Survey conducted for 2024/2025 showed that 65 per cent of households in the state have access to drinking water.
He further said that 51.5 per cent of household in the state have access to improved sanitation with urban centres having 64.9 per cent while rural areas 43 per cent.
According to him, 50.5 per cent of household have access to electricity with urban having 74.3 per cent and rural 35.4 per cent.
“10 LGAs have severe food security issues which is a great cause of concern and should be looked into critically,” he said.
The News Agency of Nigeria (NAN) reports that no fewer than 66 officials drawn from the 11 LGAs in the state are participating in the workshop.
Gombe, UNICEF move to end child poverty
News
Truth Has No Ethnic Colour — A Response to BYM’s Mischaracterisation of Zagazola Media Network
Truth Has No Ethnic Colour — A Response to BYM’s Mischaracterisation of Zagazola Media Network
The attention of Zagazola Media Network has been drawn to a statement issued by the Berom Youth Moulders Association (BYM), in which our platform was unfairly and inaccurately portrayed as a “mouthpiece” of the Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) over reports relating to the recent killing of two herders in Jos South Local Government Area of Plateau State.
Ordinarily, we would not dignify such allegations with a response. However, given the sensitivity of the Plateau conflict and the importance of maintaining public trust in independent journalism, it has become necessary to set the record straight.
First, Zagazola Media Network is neither affiliated with MACBAN, nor with any ethnic, religious, political or sectional interest group in Nigeria or the Sahel. We are a network of journalists, researchers and security analysts committed to factual reporting, conflict documentation and the promotion of peace and stability across Nigeria.
Our record speaks for itself.
For years, we have consistently documented and reported security developments across Plateau State and other conflict-prone areas without fear or favour. We have published hundreds of reports on attacks affecting all communities, irrespective of the identity of the victims or perpetrators. Our archives contain hundreds of extensive coverage of killings in Berom communities, attacks on Fulani settlements, reprisals, kidnappings, cattle rustling, communal violence and terrorist activities across the state.
When Fulani Bandits attacked communities in Bokkos on Monday and 18 of innocent residents were killed, Zagazola Media Network was among the first platforms to report the tragedy.
https://zagazola.org/index.php/breaking-news/fulani-bandits-kill-18-in-fresh-attack-on-plateau-communities
We did not hesitate because the victims were Berom. We reported the facts as they emerged. Indeed, many of those reports were subsequently cited and amplified by national and international media organizations. Likewise, when Fulani communities have come under attack, we have reported those incidents with the same level of professionalism and attention.
Our principle is simple, All victims deserve to be heard, regardless of ethnicity, religion or social status. Facts deserve to be reported, regardless of whose narrative they support.
It is therefore disappointing that an organization claiming to advocate peace and justice would resort to attacking the credibility of journalists simply because a report did not conform to its preferred narrative.
The essence of journalism is not to validate the positions of interest groups. Journalism exists to establish facts and place them before the public. Sometimes those facts may align with the position of one group. At other times, they may not. That does not make the journalist an ally or an enemy of any side.
The attempt to associate Zagazola Media Network with MACBAN is both false and irresponsible. Equally troubling is the suggestion that our reports should be judged based on whether they support the narratives of any ethnic organization. The Plateau crisis is too serious for such distractions.
For decades, communities across Plateau State have suffered devastating losses. Berom families have lost loved ones. Fulani families have lost loved ones. Other ethnic groups have also paid a terrible price. The challenge before all stakeholders should be how to stop the cycle of violence not how to silence or intimidate independent reporting.
What should concern everyone is whether journalists are acting in good faith and striving for accuracy. On that score, Zagazola Media Network’s record remains open for public scrutiny.
We therefore reject, in its entirety, the attempt to portray our platform as aligned with MACBAN or any other interest group. Even the MACBAN are accusing Zagazola of stereo typing the Fulani as Bandits in our stories. But for the purpose of clarity the names of attackers must be clearly mentioned.
We therefore reject the dangerous trend of branding journalists based on whose actions are reported at any given moment. Our loyalty remains where it has always been: with the truth.
We will continue to report attacks against Berom communities when they occur. We will continue to report attacks against Fulani communities when they occur. We will continue to report criminality, terrorism and violence wherever they emerge.
The pursuit of peace requires honesty. It requires courage. Above all, it requires a willingness to confront facts, even when they are uncomfortable.
Zagazola Media Network will remain committed to those principles.
Truth has no ethnic colour. Facts have no tribe. Journalism has no side except the truth.
— Zagazola Media Network
Truth Has No Ethnic Colour — A Response to BYM’s Mischaracterisation of Zagazola Media Network
News
Nigeria Moves to Tighten Response to Intimate Image Abuse as UN Warns of Rising Cyber-Interpersonal Violence
Nigeria Moves to Tighten Response to Intimate Image Abuse as UN Warns of Rising Cyber-Interpersonal Violence
By: Michael Mike
Nigeria is stepping up efforts to confront the growing threat of cyber-interpersonal violence, particularly the non-consensual sharing of intimate images and sextortion, as global and national stakeholders push for stronger legal and survivor-centred responses to online abuse.
The renewed push came during a high-level workshop in Lagos supported by the United Nations Office on Drugs and Crime (UNODC), where experts and policymakers examined how Nigeria can better prevent and respond to intimate image abuse—one of the fastest-growing forms of digital exploitation.

The discussions were anchored in a broader global shift following the adoption of the United Nations Convention against Cybercrime on 24 December 2024, which formally recognizes cyber-enabled harms such as intimate image exploitation, online harassment, and sextortion as serious transnational crimes requiring coordinated international action.
Participants warned that cyber-interpersonal violence has become one of the most personal and devastating forms of online harm, often leaving lasting psychological, social, and economic consequences for victims. While women and girls remain disproportionately affected, experts stressed that victims cut across gender, age, and social boundaries.
Non-consensual sharing of intimate images—commonly referred to as “revenge porn”—and sextortion were identified as particularly pervasive, with perpetrators exploiting digital platforms to blackmail, shame, and control victims.
Stakeholders noted that beyond legal violations, these acts strip victims of privacy, dignity, autonomy, and security, often pushing them into isolation, mental distress, and in some cases, withdrawal from education or employment.
The workshop emphasized the need for Nigeria to strengthen its legal frameworks, improve institutional coordination, and build capacity among law enforcement, prosecutors, educators, and counsellors.
Through its ongoing technical support, the United Nations Office on Drugs and Crime has been assisting countries to develop national standards, improve cross-border cooperation, and establish survivor-centred response systems that prioritize safety, dignity, and access to justice.
Experts at the meeting stressed that effective responses must go beyond criminalization. They called for integrated systems that combine law enforcement with psychosocial support, digital literacy, prevention campaigns, and victim protection mechanisms.
A key message from the discussions was the need to place survivors at the centre of all interventions. Participants argued that many victims of intimate image abuse face stigma and institutional neglect, making reporting and recovery difficult.
They called for reforms that ensure survivors are believed, protected from further harm, and supported through accessible justice systems and emotional care services.
The workshop also formally acknowledged contributions from Nigerian stakeholders, including Shuaib Afolabi Salisu, commending his participation in ongoing discussions on cybercrime response frameworks and victim support mechanisms.
Analysts said the renewed attention reflects a broader global concern over the speed at which digital platforms are enabling new forms of exploitation, outpacing existing legal and institutional safeguards in many countries.
With Nigeria increasingly integrated into global digital networks, experts warn that failure to act decisively could deepen vulnerabilities, particularly among young people and women who are most exposed to online abuse.
As discussions continue, stakeholders insist that the future of cybercrime response in Nigeria must balance enforcement with empathy—ensuring that justice systems not only punish offenders but also restore dignity to survivors.
Nigeria Moves to Tighten Response to Intimate Image Abuse as UN Warns of Rising Cyber-Interpersonal Violence
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