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
Tipper truck kills several traders in Jalingo market crash

Tipper truck kills several traders in Jalingo market crash
By: Zagazola Makama
A tragic road accident occurred on Saturday at the popular Mile 6 Market in Jalingo, Taraba State, when a tipper truck loaded with shaft sand lost control and rammed into a crowd of traders and shoppers.

Zagazola learnt the incident, which happened around midday, resulted in multiple fatalities and left several others injured. The exact number of casualties is yet to be confirmed as emergency responders continue rescue operations and assessment of the scene.

Sourcessaid the truck was speeding when one of its front tyres suddenly burst, causing the driver to lose control. The vehicle veered into the busy market area, knocking down people and structures along its path.

“It happened so fast,” said Musa Ibrahim, a local vendor. “The truck was on speed and after the tyre burst, the driver couldn’t control it. It just rammed into the crowd.”
Security operatives and medical personnel arrived swiftly at the scene to evacuate the injured to nearby hospitals. The body of the deceased has also been recovered, while efforts are ongoing to identify victims and notify their families.

The driver of the truck has been apprehended and is currently in custody as investigations continue into the cause of the crash.
End
Crime
Former Footballer, 4 Others Arrested, Over 22.6kg Cocaine, Meth Seized at Lagos, Enugu Airports

Former Footballer, 4 Others Arrested, Over 22.6kg Cocaine, Meth Seized at Lagos, Enugu Airports
…72-year-old Grandma, Beninese, Ithers Nabbed in NDLEA Raids in Delta, Kwara, Lagos
By: Michael Mike
Operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested a former football player Segun George Hunkarin along with his businessman partner Ntoruka Chinedu over attempt to smuggle a consignment of cocaine into Nigeria through the Murtala Muhammed International Airport, Lagos.
According to a statement on Sunday by the spokesman of the NDLEA, Femi Babafemi, Chinedu who is a frequent flyer known for conveying clothes from Turkey to Nigeria and foodstuffs from Nigeria to Turkey, was the first to be arrested upon his arrival at the Lagos airport last Tuesday, when his carry-on bag was searched, 37 wraps of cocaine weighing 800 grammes were seen to be concealed therein.

Babafemi said investigation showed that the suspect was coming from Turkey on Ethiopian Airlines flight but transited through Addis Ababa, Ethiopia where he collected the luggage from another person before heading to Nigeria.
He said further checks revealed that an accomplice who turned out to be the former professional footballer, Segun Hunkarin, was waiting for Chinedu at the airport carpark to collect the consignment from him. Hunkarin who had stayed years in Brazil playing for football clubs was promptly tracked and arrested at the carpark.

In his statement, Hunkarin was said to have claimed that while playing professional football in the South American country, he had only trafficked drugs twice from Brazil to Ethiopia but has never brought any to Nigeria.
Another Europe based businessman Amen Okoro was last Friday arrested by NDLEA operatives at the Lagos airport while attempting to traffic 5,000 pills of tramadol 225mg packaged as known malaria drugs such as Lonart, Amatem and Aluktem to Spain.
He was intercepted at the departure hall of terminal 2 of the airport during the outward clearance of passengers on Royal Air Maroc flight to Spain through Casablanca.

Babafemi said Okoro, who is into freight and logistics business between Europe and Nigeria, claimed that on his arrival in Spain, he would have taken a train to France where he resides and from there send the tramadol consignment to Italy for retailing.
At the Akanu Ibiam International Airport (AIIA) Enugu, Babafemi said NDLEA operatives last Friday intercepted a Maputo, Mozambique based bar attendant Ezenwaka Chibuzor. A search of his luggage led to the discovery of 17 cardboard size parcels of methamphetamine weighing 17.500 kilogrammes and three parcels of cocaine weighing 3.05 kilogrammes.
He revealed that the 38-year-old suspect was coming from Johannesburg, South Africa via Addis Ababa, Ethiopia on Ethiopian Airlines flight when he was interdicted and subjected to a search during which the illicit drugs concealed in bedsheets packed in his bags were discovered.
He noted that another passenger on board the same Ethiopian Airlines flight, 54-year-old Azu Kpodar was also intercepted at the Enugu airport by NDLEA operatives. When Azu, who arrived from Sao Paulo, Brazil, was searched, a liquid soap plastic container marked YPE, was discovered in his luggage. The substance was promptly taken for analysis at the NDLEA forensic and chemical laboratory, Enugu where the substance tested positive to cocaine.

The substance which turned out to be liquid cocaine weighed 1.250 kilogrammes, the
suspect who is a toy seller in Brinquedo, Sao Paulo, Brazil, claimed he purchased while shopping for his wedding ceremony in Nigeria.
NDLEA operatives at the Seme border area of Badagry in Lagos last Tuesday intercepted a 26-year-old Beninese Vode Jean-Luck while trying to smuggle 69 balls of skunk, a strain of cannabis with a gross weight of 29.5 kilogrammes from Benin Republic into Nigeria.
In Kwara state, a notorious drug dealer Mary Oladele (a.k.a Iya Nafi) was arrested last Wednesday when NDLEA operatives raided her base in Omu-Aran in Irepodun local government area of the state where various quantities of skunk, tramadol and flunitrazepam were recovered from her.
Babafemi said a 72-year-old grandma Mrs. Christy Ejaro was last Tuesday arrested by NDLEA operatives at Niger CAT area of Warri, Delta state, with several sachets of skunk packaged in retail size recovered from her.
The spokesman said the War Against Drug Abuse, WADA, social advocacy activities by NDLEA commands equally continued across the country in the past week.
Meanwhile, the Chairman/Chief Executive Officer of NDLEA, Brig. Gen. Buba Marwa (Rtd), while commending the officers and men of MMIA, AIIA, Delta, Kwara, and Seme commands of the agency for the arrests and seizures of the past week, equally praised their counterparts in all the commands across the country for ensuring a fair balance between their drug supply reduction and drug demand reduction efforts.
Former Footballer, 4 Others Arrested, Over 22.6kg Cocaine, Meth Seized at Lagos, Enugu Airports
News
Armed bandits abduct resident in Bature Daji, in Niger narrowly miss vigilante target

Armed bandits abduct resident in Bature Daji, in Niger narrowly miss vigilante target
By: Zagazola Makama
Armed bandits in large numbers stormed Bature Daji community in Niger in the early hours of Saturday, abducting a resident while narrowly missing their original target, a local vigilante member.
Zagazola Makama gathered that the incident occurred around 5:30 a.m. when the attackers invaded the residence of one Dani, a known vigilante operative in the area. He was reportedly the primary target of the assault but managed to escape.
However, the gunmen kidnapped one Attahiru Ibrahim, popularly known as Sarki Daji, from the same neighborhood and whisked him away to an unknown destination.
Local sources revealed that the assailants later moved toward Gorogawu Village, a border community near the Republic of Benin, raising concerns of cross-border movement and security challenges.
A joint team of security forces, including military and other operatives, has launched a pursuit operation to rescue the victim and apprehend the attackers.
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