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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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N-Youth Sports Alumni, Oluebube Miracle Ezechukwu, Secures Full Scholarship to Auburn University’s Elite Track & Field Program
N-Youth Sports Alumni, Oluebube Miracle Ezechukwu, Secures Full Scholarship to Auburn University’s Elite Track & Field Program
By: Michael Mike
Oluebube Miracle Ezechukwu, one of the standout athletes produced by N-Youth Sports Academy, has earned a full athletic scholarship to Auburn University in the United States, gaining admission into the university’s prestigious Track & Field (TFXC) program.
A reigning African Champion and one of the continent’s most explosive young sprinters, Miracle showcased her exceptional talent by winning gold at the African Championships. Her powerful speed, technical refinement, and consistent performances have established her as one of Africa’s brightest rising stars in athletics.
This full scholarship represents a major milestone in her sporting journey, opening the door for her to compete on the highly competitive NCAA stage. At Auburn University—renowned for producing world-class athletes—Miracle is expected to further develop her abilities and make an even greater impact on the global athletics scene.
Her coaches, supporters, and the entire N-Youth community celebrate this achievement as a reflection of her discipline, determination, and relentless pursuit of excellence. Miracle’s success stands as an inspiration to young athletes across Africa.
As she prepares to represent both Auburn University and the African continent on an international platform, Oluebube Miracle Ezechukwu continues to make us all proud.
N-Youth Sports Alumni, Oluebube Miracle Ezechukwu, Secures Full Scholarship to Auburn University’s Elite Track & Field Program
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NHRC, UNHCR Call for Protection of IDPs’ Rights
NHRC, UNHCR Call for Protection of IDPs’ Rights
By: Michael Mike
National Human Rights Commission (NHRC) in collaboration with the Office of the United Nations High Commissioner for Refugees (UNHCR) calls for the protection of the rights of internally displaced persons and forcibly displaced persons in Nigeria.
Benue State Governor, Hyacinth Alia, alongside national and international stakeholders, convened a high-level policy consultation themed The Protection of IDPs in Nigeria Through Durable Solutions: Strengthening Collaboration Between Governments, Civil Society Organizations, and Humanitarian Partners”. The forum focused on practical strategies to safeguard the rights, dignity, and well-being of displaced Nigerians.
Alia highlighted his administration’s efforts to bring displaced persons closer to their ancestral homes, combining security, autonomy, and dignity. “Where we are as a state today is focused on relocating IDPs as close as possible to their ancestral homes. Before they can fully return, the security situation must be carefully assessed, and in the meantime, we have begun acquiring portions of land in their primary local government headquarters. Here, they can select artisans to construct homes—permanent or temporary, as they choose.
This initiative ensures that displaced persons have options: they can eventually return fully to their ancestral homes while maintaining access to their local headquarters. These lands can serve residential or commercial purposes, providing flexibility and empowering displaced persons to rebuild their lives with dignity and autonomy,” he said.
Addressing misconceptions regarding conflict in Benue, the governor urged accurate representation to ensure effective humanitarian response. “In my state of Benue, we do not experience religious, ethnic, racial, national, or state genocide. While there are security challenges and we have lost lives over the years due to conflicts between agro-pastoralists and farmers, these incidents do not meet the United Nations definition of genocide. Unfortunately, every issue in Nigeria today is politicized, including the plight of IDPs, and this misrepresentation distorts public perception. It is crucial to understand the true nature of the situation so that interventions are based on reality, not exaggeration or political gain,” he explained.
He further emphasized that displacement requires evidence-based, collaborative solutions that uphold human rights and address systemic gaps. “Displacement remains a painful reality for thousands of Nigerians, disrupting lives, livelihoods, and communities. The human rights concerns that accompany displacement—loss of shelter, limited access to healthcare, disrupted education, insecurity, and socioeconomic exclusion—demand a collective and urgent response. I am encouraged that this consultation brings together governors, attorney generals, members of the national and state assemblies, MDAs, civil society organizations, development partners, community-based actors, and representatives of IDP-led organizations.
This inclusive platform demonstrates the seriousness of our national commitment to tackling the root causes of displacement and providing durable solutions that restore hope and dignity to affected populations,” he noted.
Reaffirming the state’s commitment to displaced persons, Governor Alia said, “In Benue State, we remain fully committed to safeguarding the dignity and rights of all displaced persons. Our administration collaborates with national and international partners to provide humanitarian support, strengthen security, and create avenues for sustainable reintegration and recovery. Displacement must never become a permanent condition. Every Nigerian deserves to live in safety, with hope and opportunity. Ultimately, a true measure of our humanity is revealed not by how safe we are, but by how fiercely we protect the rights and dignity of those who have been displaced. These individuals are where they are not by choice or fault, and only God knows when any of us—or our families—might face similar circumstances.”
Alia urged participants to focus on three key areas: strengthening policy and legal frameworks to ensure laws genuinely protect IDPs; addressing protection gaps using evidence from field monitoring and displaced persons’ experiences; and developing durable solutions, including safe return, resettlement, or local integration, with strong coordination, predictable funding, and security guarantees.
On his part, the National Human Rights Commission, Dr. Tony Ojukwu highlighted the importance of leveraging data from Human Rights Monitors and Community Protection Action Groups to inform policy and interventions. “Through the dedication of our Human Rights Monitors and Community Protection Action Group (CPAG) members, valuable evidence-based data has been generated to guide protection programming, advocacy, policy engagement, and practical interventions by the government and humanitarian actors in Nigeria,” he said.
He also noted the gendered dimension of displacement. “Furthermore, our cumulative figures from February – September confirm that Females (72,119) have consistently outnumbered Males (62,403), confirming the feminization of displacement. Children remain the single largest demographic at 64,058 cumulatively, underscoring persistent vulnerability among minors,” he added.
Acknowledging systemic challenges in monitoring, Ojukwu said, “Limited access to remote or insecure locations, inadequate logistics and communication support, as well as low digital literacy among our CPAG members, are critical issues that limit their effectiveness. We must address the findings from our internal reviews, ensuring that policy and legal frameworks support their efforts, including resolving issues of inadequate funding and securing necessary field resources.”
He stressed the importance of accountability. “On accountability, we must ensure that the cases referred to the Ministries, Departments, and Agencies (MDAs) with protection mandates or other Law Enforcement Agencies (LEAs) are pursued transparently, sending a clear message that violations against FDPs will not go unpunished,” he said, urging stakeholders to transform displacement from despair into dignity. “This is a solemn test of our collective resolve. I urge all participants to engage candidly, focus on actionable solutions, and leave this room with a renewed determination to transform displacement from a state of despair into one of dignity and recovery.”
Minister of Humanitarian Affairs and Poverty Reduction, Dr. Benard Doro, called for a shift from emergency relief to sustainable recovery. “The theme of this consultation—‘The Protection of IDPs in Nigeria with Durable Solutions, Strengthening Collaboration Between Government, Civil Society Organisations and Humanitarian Partners’—signals that we must now shift from temporary relief to sustainable recovery, from reactive response to rights-based protection, and from fragmented interventions to unified human development outcomes, ensuring that all displaced persons are treated with dignity, their rights safeguarded, and their long-term needs effectively addressed,” he said.
He emphasized that IDPs are citizens whose constitutional rights must be protected. “Internal displacement in Nigeria is not merely a humanitarian situation; it is a human rights imperative and a constitutional obligation. IDPs are not statistics, they are citizens entitled to full constitutional protection, and as such, our interventions must recognize their dignity, address their vulnerabilities, and ensure their comprehensive inclusion in the development and protection framework of the nation,” he said.
The Minister further urged operationalizing policies and strengthening coordination across agencies. “To achieve meaningful protection and durable solutions for internally displaced persons, we must operationalize the National Policy on IDPs with measurable state-level action plans, strengthen data governance, accountability, and inter-agency coordination, ensuring that NHRC field data is fully integrated into national planning. This approach will allow us to scale up livelihood, health, education, and protection interventions, promote reintegration and resilience, and harmonize the efforts of humanitarian, development, and human rights actors across all levels of government, leaving no displaced person behind.”
He said with a call to transform displacement from vulnerability to dignity. “Protecting the rights of displaced Nigerians is not merely a humanitarian obligation; it is a constitutional and moral responsibility. Displacement is a lived experience affecting millions of our citizens. Let us leave this consultation with renewed resolve—to transform the status of displaced people from despair to dignity, from vulnerability to recovery, and from crisis to opportunity. Let us act together, decisively, and sustainably, ensuring that our interventions have measurable impact, restore livelihoods, uphold human dignity, and provide hope and resilience for every internally displaced person across the nation,” he said.
Representating the country representative Ajun Jain of United Nationals High Commissioner For Refugees (UNHCR)Timothy Zandok , emphasized the global responsibility to protect displaced persons and support national institutions. “Forcibly displaced persons, whether internally displaced, refugees, returnees, or stateless, are often uniquely and adversely disadvantaged within our communal setting. Beyond the data and news headlines, it is crucial to delve deeper into what their lives truly are like, to understand their experiences, and to ensure they are included and supported within our collective capacity as global citizens,” he said .
He further noted the importance of collective responsibility and actionable advocacy. “The experiences of forcibly displaced persons, and what we can collectively do to ensure their inclusion and conservation, represent a responsibility we owe to each other as global citizens. It is for these reasons that we gather, to share expertise, draw upon our experiences, and make impactful recommendations that strengthen the protection and welfare of those whose lives have been disrupted by displacement.
UNHCR highly commends the National Human Rights Commission for boldly undertaking its mandate to protect forcibly displaced persons, and we commit to continuing our support for your leadership and ownership of this responsibility. Through sharing their voices and advocacy, we can collectively contribute to creating an enhanced, protective environment for all displaced persons,”.
NHRC, UNHCR Call for Protection of IDPs’ Rights
News
International Alliance Group Call on Government to Ensure Schools are Safe for Students
International Alliance Group Call on Government to Ensure Schools are Safe for Students
By: Michael Mike
Moving Minds Alliance (MMA) has called on the federal government to tackle insecurity in schools headlong and ensure that schools are safe for Nigerian students.
Speaking on the background of Monday’s abduction of at least 25 children and a teacher at a boarding school in north-western Nigeria’s Kebbi state, the Interim Director of the Moving Minds Alliance (MMA), Katie Murphy on Wednesday in Abuja at the First National Consultative Meeting on Early Childhood Development (ECD) in Crisis, a two-day dialogue aimed at strengthening support systems for young children affected by conflict, displacement, and other emergencies, said the abduction was a sad narrative that should not be allowed to happen again.
The Moving Minds Alliance (MMA) is a funders collaborative and network focused on scaling up support for young children and families affected by crisis and displacement. They aim to improve coverage, quality, and financing of early childhood development services in emergency contexts.
Speaking at the event, Katie Murphy, stressed the urgency of securing innovative and sustainable domestic financing to safeguard the holistic development of Nigeria’s youngest children.

Murphy noted that while Nigeria receives substantial global support for ECD in crisis settings, most of the funding is channelled into health and nutrition, leaving critical areas such as early learning, responsive caregiving, and psychosocial support largely underfunded.
“This gap presents both a warning and an opportunity,” she said. “If we fail to invest now, the long-term wellbeing of children living through conflict and displacement will be at risk. But with coordinated action, Nigeria can champion a strong national commitment that inspires global momentum.”
She added that the meeting aims to review ongoing interventions, identify policy and financing solutions, and build a unified advocacy roadmap “led by Nigeria, for Nigeria’s children.”
She noted this at the national consultative meeting on children in crisis and development in Nigeria, a 2-day dialogue with Government and Early Childhood Development (ECD) stakeholders and also launch of it strategy and unveiling, “Reimagining early years crisis response strategy 2025-2030” in Abuja.
She said Nigeria can play a vital role in shaping a bold national commitment that inspires global action and includes a specific focus on children affected by crisis and displacement.
“Over the next two days, we are here to reflect on existing efforts to strengthen ECD for children affected by crisis and displacement, identify the policy and financing pathways that can accelerate progress, and begin to work together to shape a coordinated advocacy agenda led by Nigeria, for Nigeria’s children,” she said.
Also, the Early Childhood Care Development and Education (ECCDE) desk officer at the Ministry of Education, Confidence Okonkwo represented by the Director Basic Education, FME, Dr Folake Olatunji-David assured that the Federal Government of Nigeria is committed in ensuring that every Nigerian child is given adequate care in terms of nutrition, in terms of health, in terms of education.
” Nigerian Government has extended collaboration to private sector development for support because government do not have all the resources to cater for challenging issues in the education sector in the country, ” she said.
Representing the Federal Ministry of Education, Director of Basic Education, Dr. Folake Olatunji-David,, reaffirmed government commitment to ensuring that every child receives adequate nutrition, healthcare, and learning opportunities. She explained that the government is deepening partnerships with the private sector, acknowledging that public resources alone are insufficient to tackle the growing challenges in the education system.
Current national data paints a stark picture, showing that 3.6 million people in Nigeria are displaced as of October 2025, including over 3.57 million internally displaced persons (IDPs) and 142,557 refugees and asylum-seekers, with more than half of the displaced population are children.
It also showed that 1.8 million children face the threat of severe acute malnutrition, and over 18 million Nigerian children are currently out of school—many due to insecurity and displacement.
Children in these environments often miss out on nurturing care, early learning, mental health support, and other foundations essential for lifelong wellbeing. Without strategic action, experts warn that Nigeria risks falling short of national development targets and the 2030 Sustainable Development Goals.
Although Nigeria ranked among the top global recipients of ECD funding in crisis contexts in 2023—$27 million in humanitarian aid and $270 million in development assistance—funding patterns remain uneven. With the OECD forecasting a 30% drop in global aid, Nigeria could lose up to $89 million in ECD-related support by 2027, heightening the importance of domestic investment.
At the consultative meeting organised by the Moving Minds Alliance, the Federal and state ministries, including Education and Women Affairs; UN agencies such as UNHCR; Philanthropic organisations; International and local NGOs; Refugee- and community-led groups from Borno, Cross River, and Benue and media, researchers, and advocates These states were selected for their large populations of refugees and IDPs.
The event also marked the official launch of MMA’s 2025–2030 strategy: Reimagining Early Years Crisis Response.
According to the organisers, after the meeting, a national ECD coalition will be activated to coordinate efforts through 2029, leading up to global advocacy milestones such as the ECD Financing Summit in 2027.
International Alliance Group Call on Government to Ensure Schools are Safe for Students
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