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

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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

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“Road Home is Open”: Zulum Brings Hope to 12 000 Nigerian Refugees in Cameroon

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“Road Home is Open”: Zulum Brings Hope to 12 000 Nigerian Refugees in Cameroon

By: Our Reporter

Borno State Governor, Professor Babagana Umara Zulum, has reaffirmed his administration’s commitment to restoring the dignity of victims of insurgency, including Nigerian refugees in the neighbouring countries of Cameroon, Chad, and Niger.

Governor Zulum gave this assurance while addressing refugees at the Minawao camp in Cameroon’s Far North region, as part of government efforts to repatriate those who remain. Over 12, 000 Nigerian refugees from Kirawa, Ngoshe, Ashigashiya and surrounding communities in Gwoza Local Government Area have been living in the camp for more than a decade.

The governor’s visit provided a significant relief and renewed optimism as he interacted with the refugees. For many, his presence signalled that the long road home was finally opening, describing the moment as their “first real assurance”.

Governor Zulum informed the refugees that adequate security arrangements have been put in place in their home communities, following years of expanded military operations and civilian security initiatives across Gwoza and other parts of Borno.

“The welfare of refugees, internally displaced persons, and returnees remains a priority for us,” Zulum said, noting that rebuilding the lives of insurgency survivors is a core pillar of his administration’s humanitarian and development agenda.

The governor also announced cash support for shelter rehabilitation for those willing to return, a measure designed to help returnees begin reconstructing their homes. In addition, he pledged to drill boreholes for the refugees.

“Borno State in partnership with the federal government will provide a cash assistance of N500 000 to each refugee that is willing to return home, while women households will be given N100,000 each,” Zulum announced.

The governor of the Far North Region, Cameroon, Mijinyawa Bakari, praised Governor Zulum’s unwavering commitment, describing his continued support for displaced Nigerians in Cameroon as exemplary and deeply humanitarian.

“Borno State Governor has consistently demonstrated genuine concern and responsibility for his people, even beyond Nigeria’s borders,” Bakari stated.

He acknowledged the sustained humanitarian assistance, particularly the governor’s long-standing interventions in the Minawao Refugee Camp.

“Zulum’s physical presence and hands-on support has not only provided relief to the refugees but has also strengthened cooperation between Nigeria and Cameroon in addressing displacement and regional stability,” he added.

During his visit, Governor Zulum also toured farmlands allocated to the refugees by the Cameroonian government, which have become their primary source of livelihood.

While assessing the fields, he commended the refugees’ resilience and the host authorities’ generosity. He assured farmers that his administration would support their agricultural activities by providing irrigation kits and water sources to boost productivity.

“Empowering refugees to maintain their livelihoods is central to restoring dignity and ensuring a smooth transition back into their communities,” Zulum stressed.

The governor was accompanied by the senator representing Borno South, Senator Mohammed Ali Ndume; the member of the House of Assembly representing Gwoza, Hon. Abdullahi Buba Abatcha; commissioners, the Chairman of Gwoza Local Government, and other officials.

“Road Home is Open”: Zulum Brings Hope to 12 000 Nigerian Refugees in Cameroon

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UN Expresses Deep Pains Over Schoolgirls Abduction in Nigeria

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UN Expresses Deep Pains Over Schoolgirls Abduction in Nigeria

…Calls for Gender Equality and Empowerment

By: Michael Mike

The United Nations (UN) has expressed deep pain over school girls abductions in Nigeria.

UN Women Deputy Executive Director, Nyaradzayi Gumbonzvanda who was in Nigeria on official visit at the weekend while expressing the concern of the international body over the continued kidnappings in schools in the country, also called for gender equality, the empowerment and rights for all women and girls in Nigeria.

Gumbonzvanda said she personally feels the pains as a mother of what the abducted children are going through.

She said: “And at the outset, to also express as a mother, as a leader, my deep pain with the abductions that we still continue to see of our daughters. I needed to express that at the outset.

“I therefore join my voice to call for the release of the abducted daughters of this nation. As a mother, I even feel my stomach churning when I wonder, what did she eat today? Where did she sleep tonight? Was she inappropriately touched? What are her fears and her traumas? And I also think of her community, their communities, and their families. And therefore reaffirm that every girl must have a right and does have a right to security and to education.”

She added: “Violence against women and girls remains pervasive in this country, Nigeria, with the abductions that I have mentioned and the attacks on schoolgirls highlighting the urgent need for safety in schools, safety in our homes, in our communities, and online.”

She explained that “This is critical because globally, nearly one in three women experience physical or sexual violence in their lifetime.”

Gumbonzvanda also decried the alarming rate of Technology-Facilitated Gender Based Violence, calling for proper protections for the girl child.

She said: “A critical area of concern remains technology-facilitated gender-based violence, which is rising globally and nationally. Between 16 percent and 58 percent of women worldwide experience some form of online or technology-facilitated gender-based violence, depending on the region.

“Globally, one in three women experience physical or sexual violence. And technology-facilitated abuse affects up to 58 percent of women, according to our UN Women data of 2022.”

The UN Women official also noted that UN Women is supporting the governments and stakeholders in strengthening the policy frameworks, enhancing digital safety, and promoting accountability for online harms.

She however stressed the importance of a legal framework to address the menace.

According to her: “Effective legal frameworks and inclusive governance are essential to reversing this trend. My discussion with ambassadors accredited to Nigeria also underscored the importance of enhanced regional cooperation and particularly across the Sahel and West Africa, where women’s leadership and peace-building efforts are indispensable for stability and for sustainable development.”

Gumbonzvanda commended the Nigeria’s National Assembly’s strong commitment to strengthening legislation that protects women and girls in advancing measures that expand women’s participation in governance.

She also commented on women’s representation at the National Assembly which stood at 3.8 percent, far way below the global average of 27.2 percent according to the Inter-Parliamentary Union data of 2025.

She urged the country to adopt the “Legislative reforms such as affirmative action, such as quotas, and the proposed special seats which are globally recognised to accelerate women’s participation.

She said: “These measures are not just there to strengthen democracy, but also to ensure rule of law in that budget reflects the needs of half of the population.”

She therefore sees the ongoing debate on the special bill as positive, stating that: “Therefore, I am really excited to be here in this country, as the country engages deeply and boldly and confidently on the special seats bill. And I’m looking forward to the day when it will be passed. I do, in every country, because also as the UN, special measures are part of standards, are part of international standards.

“And equally, we have SDG 5 on women in decision making, which aims for gender parity by 2030. So the efforts in Nigeria are a good progressive approach towards that goal. Economic empowerment is vital for sustainable development.”

On the need to empower women, Gumbonzvanda stressed that women make up over 70 percent of Nigeria’s agricultural labour force, yet face barriers to land, to credit, to markets.

She noted that: “Gender responsive budgeting and investments in women farmers and entrepreneurs can unlock growth and resilience. Closing gender gaps in labour participation could add up to 12 million to global GDP by 2025, according to the data from McKinsey, proving that empowering women is smart economics.

“Empowering women economically is not charity. It is innovation, it is development, it is a benefit that extends the entire community. Some of us are sitting here because our mothers in the rural areas were empowered to be able to send their goats to market and be able to pay school fees, that we’re able to give soap and sugar, because our mothers were able to get a little bit of income in the family.

“So economic empowerment is not just about the national economic data. It’s about life, everyday life in our communities. To sustain and scale progress, predictable and innovative financing is essential.”

Speaking on her visit, which is the first to Nigeria, the UN official said it was to deepen partnership, reinforce national leadership, and accelerate collective action to advance gender equality, the empowerment and rights for all women and girls in Nigeria.

She noted that the visit has allowed her to witness the tangible impact of UN Women’s Working Communities.

Gumbonzvanda said: “ Over the past days, I have engaged with various stakeholders and partners. I’ve engaged with the members of the National Assembly, the diplomatic partners, the United Nations country team, civil society organisations, and community women who are driving progress at the very, very grassroots level.”

She also narrated her experience in Kwali, a community in the Federal Capital Territory, where she joined the women to peel cassava and also to partake in processing it into flour (food), saying “ and how we enjoy it with Ogusi soup. It was a very important experience for us to see how we can actually do agro-processing in communities, but to understand what it takes and what is needed to provide that transformation that is needed.”

She also revealed that the targeted investments to improve women’s lives in agro-processing is very important.

“It was also very clear that the investments to improve economic empowerment at community level would reduce the time burdens, would expand income-generating opportunities, and would also unleash the potential of women,” she said.

She explained that: “Globally, access to safe water and sanitation reduces the time women spend on unpaid care work. This is so important for us that we invest in water and sanitation.

“And that when women have greater access to water and sanitation, it enables them greater participation in economic activities.

“These are practical examples of how empowering women strengthens communities and enhances resilience as we turn policy into lived experiences in our communities.

“At the UN system, I have interacted with our colleagues in the UN system and have reiterated UN Women’s commitment to coordinated multi-sectoral action, particularly on gender-based violence prevention, on women’s economic empowerment, and on advancing the women’s peace and security agenda in Nigeria.”

She assured Nigeria women that the “UN Women will continue to mobilise partnership across governments, development partners in the private sector, to ensure that front-line organisations and national institutions have the resources required to deliver lasting change. Nigeria has demonstrated strong leadership and a clear commitment to advancing the rights of women and girls. UN Women stands ready to continue to support these national efforts, working with all partners in translating commitments to measurable transformation results.”

UN Expresses Deep Pains Over Schoolgirls Abduction in Nigeria

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VP Shettima Departs Abuja For Abidjan To Represent President Tinubu At Alassane Ouattara’s Inauguration

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VP Shettima Departs Abuja For Abidjan To Represent President Tinubu At Alassane Ouattara’s Inauguration

By: Our Reporter

Vice President Kashim Shettima has departed Abuja for Abidjan, Cote D’Ivoire, to represent President Bola Ahmed Tinubu at the inauguration of Mr. Alassane Ouattara for a fourth term in office as President of that country.

Senator Shettima is expected to join other leaders across Africa and beyond to witness activities lined up for the swearing-in ceremony scheduled to hold on Monday December 8, 2025 at the Presidential Palace in Abidjan.

Quatara was re-elected for a fourth term in office on October 25, 2025 as President of Côte d’Ivoire, a West African country that shares cordial diplomatic ties with Nigeria.

Both nations collaborate significantly within ECOWAS and the African Union on security, trade, and development, formalized by a Bi-National Commission and numerous agreements covering areas like anti-trafficking, agriculture, and digital economy, with strong informal trade and significant Nigerian diaspora in Côte d’Ivoire, fostering deep bilateral economic and social connections.

The Vice President is accompanied by HE Omar Aliyu Touray, President of ECOWAS Commission; Senator Abubakar Sani Bello, Chairman, Senate Committee on Foreign Affairs and Hon. Usman Zannah, member representing Kaga/Gubio/Magumeri Federal Constituency in the House of Representatives.

The Vice President is expected back in Abuja at the end of the inauguration ceremony.

VP Shettima Departs Abuja For Abidjan To Represent President Tinubu At Alassane Ouattara’s Inauguration

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