News
ActionAid Describes 2024 IMF/World Bank Meeting, A Damp Squib, Falling Short of Addressing Issuing for People Living in Poverty

ActionAid Describes 2024 IMF/World Bank Meeting, A Damp Squib, Falling Short of Addressing Issuing for People Living in Poverty
By: Michael Mike
ActionAid has said the 2024 International Monetary Fund (IMF) and World Bank Annual meetings in Washington, D.C., were a damp squib that fell short of addressing the bread-and-butter issues for people living in poverty.
The IMF’s forecasts of high debt and slow growth, especially among Global South countries, and its recommendations for even more fiscal adjustments, public sector wage rationalization,and the social acceptability of structural reform are testament to their continued failure and inability to show relevance for the global majority in the 21st century.
The Global Economic Justice Lead at ActionAid International, Roos Saalbrink, said: “We see once again how the IMF is not fit for purpose and unable to offer real solutions to the economic crises they helped to create. The decision to stick to old ways and pursue harmful policies, such as public sector wage cuts, is a blatant disregard for decades of evidence that has shown that this does not work and for rapidly growing inequality.”
He added that: “The IMF seems unable to see reality outside its econometric models. Sadly, the lack of meaningful action to arrest the debt crisis and put an end to austerity could spell doom for the global majority, whose voices demanding a break from the failures of the past are yet again ignored.”
On her part, the Policy Specialist at ActionAid UK, Jessica Mandanda, said:
“It has been 80 years, and we find ourselves, yet again, at odds with the International Financial Institutions, with consistent contradictions in what they say and what they do. What is crystal clear is that the IMF is completely out of touch and disconnected from the lived realities of billions across the world who are suffering because of austerity and bad policy advice.
“The calls for austerity, or fiscal adjustments or restrictions as the IMF is calling it, will increase the burden among vulnerable communities, especially women, who bear the brunt of cuts in spending on essential services such as health, education, and other support sectors.
“In so many ways, we have seen even more this past week that the IMF is willing to let people especially women be collateral in the pursuit of economic growth. After 80 years, we expected the IMF to take responsibility for their failed policies and be open to changing their ways of operating. Their decision to stick to business as usual will doubtlessly reverberate negatively on vulnerable and poor communities, in the Global South.”
ActionAid noted that metrics like Gross Domestic Product growth hide the real impacts of economic policies, as well as in whose interests this endless growth is pursued. It is a continuation of a colonial system enabling the extraction of wealth and resources into the hands of a few, fueling extreme inequality. The increased climate crisis stems from this unquestioned pursuit of GDP growth that is driving extractivism and has pushed the planet beyond its limits.
The Women’s Rights Programme and Policy Advisor for ActionAid International, Lina Moraa, said: “While the IMF preaches ‘reform’ it is clear that they have failed to deliver on this for the past 80 years. The fund is still deeply entrenched in neoliberalism and happy to perpetuate a system that fuels inequality and suffering. We demand a radical departure from this failed model and a new era of economic justice for all.”
She noted that the time is up for outdated economic policies, systems, and rules, that disproportionately impact women and girls. As part of international financial architecture reform, governments must take debt negotiations and sustainability assessments away from the IMF to a new UN democratic and representative debt workout mechanism to function at the Fourth UN Financing for Development conference in 2025 hand in hand with a UN Convention on International Tax Cooperation.
ActionAid insisted that there is an urgent need for a collective resolution to the global debt crisis anchored on debt cancellation, radical debt renegotiation, reparations, and bold action for progressive, gender-responsive, and climate-sensitive tax reforms to allow governments to invest in quality public services.
Global Lead on Economic Justice and Public Services at ActionAid International, Roos Saalbrink said: “The blatant unwillingness of global north governments to change the current governance structure of the IMF and World Bank is striking. The IMF itself also seems adamant to keep the system as it is, holding itself at the center of economic decisions continuing the endless cycles of debt, reforms, and cuts in government spending. Debt cancellation simply is not in the IMFs interest, it might put it out of business. So, we should see its outdated recommendations for what they are; a deliberate attempt to maintain its relevance and power.”
ActionAid Describes 2024 IMF/World Bank Meeting, A Damp Squib, Falling Short of Addressing Issuing for People Living in Poverty
News
Farm quarrel ends in tragedy as 19-year-old stabs friend to death in Gombe

Farm quarrel ends in tragedy as 19-year-old stabs friend to death in Gombe
By: Zagazola Makama
What began as a routine day on the farm in Kulani Chessi village, Balanga Local Government Area of Gombe State, ended in tragedy on Monday when a petty argument between two young men turned deadly.
The police have confirmed the arrest of 19-year-old Mustapha Adamu, who allegedly stabbed his 20-year-old friend and co-worker, Yahuza Labaran, following a disagreement while they were farming.
Zagazola Makama gathered that the two young men had gone to the farm as they usually did, but at about 3 p.m., a heated argument ensued. What triggered the dispute remains unclear, but what followed was a violent attack that left the community in shock.
Sources said that in the heat of the argument, Mustapha drew a knife and stabbed Yahuza in the left shoulder, causing a deep wound that led to significant blood loss.
Upon receipt of the report, a team of policemen was dispatched to the scene. The victim was rushed to the Balanga General Hospital, but he was confirmed dead on arrival by a medical doctor
The suspect was promptly arrested by the police and is currently in custody. During preliminary interrogation, he reportedly confessed to the act, saying he had no intention of killing his friend.
“I didn’t mean to kill him,” Mustapha was quoted as saying during his confession. “We were only arguing, and I lost my temper.”
The tragic incident has cast a dark cloud over the quiet farming village, with residents mourning the loss of a young life and calling for greater efforts to promote non-violent conflict resolution among youths.
Village elder Mallam Umaru Kalla expressed concern over the growing rate of youth violence in rural communities, especially among farm workers.
“This is not the first time a minor disagreement has escalated into something deadly,” Kalla said. “We need to start teaching our children how to resolve issues without violence. A knife should not be the answer to every disagreement.”
Police authorities have assured the public that investigation is ongoing and that the suspect will be charged to court upon conclusion.
Farm quarrel ends in tragedy as 19-year-old stabs friend to death in Gombe
News
How security forces rescued eight abducted victims in Enugu

How security forces rescued eight abducted victims in Enugu
By: Zagazola Makama
For three days, Leonard Onyeka, his wife Onyinye, daughter Chiamaka, and five other victims lived in terror, held captive by armed kidnappers in a dense forest near the 9th Mile axis of Enugu State. But on Tuesday afternoon, their nightmare ended in an emotional reunion, made possible by the tireless efforts of combined security forces.
The victims, abducted on July 19 while traveling through a remote part of the Udi–Nsukka corridor, were released unharmed on July 22 at about 1:40 p.m., following a sustained manhunt by the Nigeria Police, Forest Guards, and members of the Neighbourhood Watch.
Security sources told Zagazola Makama that the victims were freed without a ransom, as the pressure from tracking teams became unbearable for their captors, who eventually abandoned them and fled deeper into the forest.
“They could no longer cope with the heat from our coordinated operations,” said a senior police officer who spoke on condition of anonymity. “They had no choice but to release the hostages to save themselves.”
The Onyeka family, visibly shaken but physically unharmed, were among the most affected by the ordeal. They kept moving us through thick forest, blindfolded and confused. Sometimes we heard gunshots and thought our end had come,” he said. “But we kept praying, and we knew help was coming.” Said one of the victims after rescue.
Meanwhile, security agencies have vowed to maintain their momentum and bring the perpetrators to book.
“We are following every trail,” another police source said. “This is not the end , it is just the beginning of justice.”
How security forces rescued eight abducted victims in Enugu
Crime
Shock in Enugu as mother allegedly murders two children in suspected mental breakdown

Shock in Enugu as mother allegedly murders two children in suspected mental breakdown
By: Zagazola Makama
The quiet morning calm of Unity Road in Trans Ekulu, Enugu, was shattered on Monday when neighbours made a harrowing discovery: two children, a four-year-old girl and her three-month-old baby brother, were found dead in their home, allegedly murdered by their own mother.
Zagazola report that the suspect, identified as Chidima Arinze, reportedly committed the act at her residence, No. 47 Unity Road, in what police sources describe as one of the most disturbing domestic incidents in recent memory.
According to a Police sources, the tragic event unfolded on July 21 at about 9:00 a.m. when the Divisional Police Officer (DPO) of Trans Ekulu received a distress call. Officers were immediately dispatched to the scene.
On arrival, the operatives met the lifeless bodies of Esther Arinze, aged 4, and Chibusoma Arinze, aged 3 months. Both victims reportedly bore marks of violence, suspected to have been inflicted with a sharp object. The scene was cordoned off, and forensic photographs were taken before the suspect was taken into custody.
The children’s remains were evacuated to the Enugu State University Teaching Hospital (ESUT), Parklane, where they were certified dead by a medical officer. Their bodies have since been deposited at the hospital morgue for preservation and autopsy.
The suspect, their mother, was arrested at the scene without resistance. Preliminary investigation is currently ongoing at the Trans Ekulu Division, while the case is being prepared for transfer to the State Criminal Investigation Department (SCID) for a more discreet and comprehensive probe.
While police have not disclosed a motive, early speculation from community members points to a possible case of postpartum mental health crisis, though this remains unconfirmed.
“This is not something we’ve seen before in our area,” said one resident, who asked not to be named. “She was quiet, kept to herself. No one suspected she was struggling with anything.”
The Enugu State Police Command assured the public that justice would be pursued with thoroughness and sensitivity.
“We understand the emotional weight of this case,” a senior police official said. “Investigators are looking at every angle, including psychological evaluation of the suspect.”
Meanwhile, the Trans Ekulu community remains in mourning, stunned by a crime that unfolded behind closed doors in one of its homes.
“We are devastated,” said a neighbour. “Two innocent lives gone, and a mother behind bars. No one wins in this situation.”
Shock in Enugu as mother allegedly murders two children in suspected mental breakdown
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