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ActionAid Nigeria: Nigeria’s Grim Period, Not Over Yet, Poverty Will Soar

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ActionAid Nigeria: Nigeria’s Grim Period, Not Over Yet, Poverty Will Soar

By: Michael Mike

ActionAid Nigeria has warned that the grim period is not yet over in the country, stating that poverty levels are projected to soar.

A statement signed by the Chair, Board of Directors, ActionAid Nigeria, Jummai Umar Ajijola at the weekend after a Review of the State of the Nation, said: “ActionAid Nigeria’s Board of Directors conducted a comprehensive review of the state of the nation during its 52nd meeting and highlighted critical issues affecting the Nation.

“The Board of Directors recognises that Nigeria is grappling with one of its most challenging periods in recent history. The period between December 2023 and March 2024 has been characterised by soaring inflation rates, fluctuating foreign exchange regime, escalating security challenges, electricity shutdown and power failures, and pervasive corruption in all tiers of government, culminating in a dire state of the economy and cost-of-living crisis. Nigeria’s current situation is seemingly grim and poverty levels are projected to soar.

It however recommended that: “The federal government must now take bold and decisive measures to combat the rampant inflation, particularly the soaring food prices, by swiftly implementing robust monetary and fiscal policies. It must also reevaluate subsidy policies on essential commodities like gasoline and electricity to mitigate the adverse impact on the cost of living and ensure equitable distribution of resources. Now is the time for a thorough review of budget allocations to ensure sufficient funding of critical sectors such as health, agriculture, security, and education, while minimising expenditures on debt servicing and expanding and strengthening social welfare programmes.

“Given the increase in the interest rate to 24.75% by the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), we urge the Federal Government and CBN to take immediate action to mitigate the adverse effects of the increased interest rates on small and medium-scale enterprises (SMEs), particularly by providing alternative funding sources or financial support schemes for SMEs to access affordable loans.

“In the light of the alarming trend of mass kidnappings, particularly targeting students, internally displaced persons (IDPs), as well as ordinary citizens and health workers, with ransom demands reaching into the millions of naira, we demand that the federal and state governments allocate substantial resources and manpower to bolster security forces and intelligence capabilities. We urge security agencies to mobilise all available resources, enhance coordination between different levels of law enforcement, conduct thorough investigations to apprehend all individuals involved in kidnapping operations, and prioritise the safety and security of communities, schools, roads and IDP camps through increased surveillance and patrols.

“The Board of Directors strongly condemns the alarming allegations of budget padding and the mismanagement of public funds as reported within the Senate. The allegations of corrupt practices within the Ministry of Humanitarian Affairs, involving the two immediate former Ministers, are also appalling. We enjoin all CSOs and Nigerians to join us in reminding and calling out lawmakers and public officers that the welfare and interest of the Nigerian populace supersede their personal agendas. Any endeavors aimed at circumventing this principle or diverting public funds for personal gains warrant prompt and resolute intervention by the Economic and Financial Crimes Commission (EFCC).

“While we applaud the recent anti-corruption efforts of the EFCC, we find the reported actions of some lawmakers and government appointees deeply concerning. Therefore, we ask that the EFCC and ICPC expedite their inquiries into these matters, ensuring that all individuals found culpable are held fully accountable under the law. The judiciary must also expedite legal proceedings and administer fair and impartial judgments in  corruption cases and abuse of office without delay to send a clear message that corruption will not be tolerated in our society.”

The ActionAid Nigeria’s Board applauded the deliberate steps being taken by government to guarantee the independence of the  judiciary with the appointment, confirmation and swearing in of 11 new justices of the Supreme Court, while praising the recent new salary structure put in place for  judicial officers, with the hope that it would enhance the independence and integrity of the judiciary.

It also applauded the Federal Government for the recent appreciation of the Naira, noting that the significant appreciation of the Nigerian Naira against the US dollar reflects the success of collaborative efforts and strategic interventions by the Central Bank of Nigeria (CBN) to stabilize and strengthen our national currency, calling for the continued support and adherence to sound monetary policies, transparency, and accountability in the financial sector to sustain this progress.

It stated that the recurrent breakdowns of the national power grid, coupled with the recent approval by the Nigerian Electricity Regulatory Commission (NERC) to increase electricity tariffs for customers are unacceptable, noting that the elimination of electricity subsidies will significantly compound the hardships endured by ordinary Nigerians, small and medium-sized enterprises (SMEs), and investors, it demands that the Federal Government conduct comprehensive reforms within the energy sector to address the persistent challenges faced by Nigerians, thereby enhancing electricity generation, transmission, and distribution capacities to mitigate power shortages.

It said: “We are also demanding a thorough review of energy subsidy policies to ensure efficiency and equitable distribution of resources, taking into account the impact on low-income households and the broader economy.”

It however commended the readiness to implement the Orosanye report and white paper; but insisted that President Tinubu’s administration ensures it follows through with the implementation of the recommendations in the report and the white paper, stressing that: “This is particularly critical given the President’s overload with 47 Ministers and hundreds of aides, all benefiting from the nation’s resources. The Federal Government must demonstrate commitment to cutting down on  executive profligacy and the people must be more proactive in holding their representatives in the National Assembly accountable for their financial recklessness.”

The Board of Directors condemned in strong terms the ambush and killing of 17 military personnel in Okouma, Delta state and ,demands swift and thorough action to bring the perpetrators of the ambush and murder to justice. It called on the Nigerian security forces to intensify their efforts in apprehending those responsible and ensure that they face the full weight of the law, but however stated that in doing this “we enjoin the military to operate within the ambits of the law and respect the rights of the people. Community leaders and residents are implored to assist in these efforts by providing any relevant information they may have and promote peace and dialogue within their communities.”

It urged civil society organisations (CSOs) to amplify their voices and advocate more for accountability, transparency, and social justice in response to the pressing issues in the nation.

ActionAid Nigeria: Nigeria’s Grim Period, Not Over Yet, Poverty Will Soar

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Obasanjo Unveils Bold Blueprint for Africa’s Security Overhaul, Warns Against New Scramble

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Obasanjo Unveils Bold Blueprint for Africa’s Security Overhaul, Warns Against New Scramble

By: Michael Mike

Former Nigerian President Olusegun Obasanjo has issued a sweeping and urgent call for a radical overhaul of Africa’s security architecture, warning that the continent risks deeper instability and renewed external domination unless it urgently redefines its approach to security, governance, and intelligence.

Speaking at the third Mashariki Cooperation Conference III (MCC III), Obasanjo challenged Africa’s intelligence chiefs and security leaders to abandon outdated frameworks and embrace a people-focused, technologically independent, and accountable system capable of confronting modern threats.

Delivering a hard-hitting address on “Emerging Geopolitical Dynamics and Africa’s Security Architecture,” the elder statesman argued that Africa’s persistent conflicts are not accidental but stem from “specific, identifiable failures of leadership,” compounded by what he described as intensifying external manipulation.

“We are witnessing the fracturing of the post-1945 multilateral order,” Obasanjo said, pointing to the global fallout from the Russian invasion of Ukraine and contrasting international responses to crises in regions such as Gaza and the Sahel. According to him, these inconsistencies expose a global system that applies its rules selectively—often at Africa’s expense.

A Continent Under Pressure

Obasanjo painted a stark picture of a continent caught in a renewed geopolitical contest, warning of a “new scramble for Africa.” He cited expanding foreign influence through initiatives like China’s Belt and Road Initiative, the growing footprint of Russian-linked security actors across the Sahel and the Horn of Africa, and the vacuum left by the withdrawal of Western forces from key conflict zones.

These developments, he said, have coincided with a surge in terrorism, violent extremism, and an alarming wave of military takeovers across the continent since 2020—what he described as a “coup epidemic.”

Five Pillars for a New Security Order

In response, Obasanjo outlined five concrete propositions aimed at reshaping Africa’s security framework:
• Human-centred security: Prioritising the safety and welfare of citizens over elite interests.
• Continental solidarity: Strengthening joint mechanisms such as the African Standby Force and early warning systems.
• Disrupting illicit financing: Empowering intelligence agencies to tackle financial flows that sustain insecurity.
• Technological sovereignty: Building African capacity in artificial intelligence, cyber defence, and drone warfare.
• Accountable governance: Establishing transparent leadership as the foundation of lasting security.

He stressed that without credible governance, no military or intelligence strategy can succeed.

Intelligence at the Core

Central to Obasanjo’s message was a forceful critique of Africa’s use of intelligence. He described intelligence as “indispensable to conflict prevention” but “woefully underused,” citing missed warning signs in past crises across Liberia, Sierra Leone, Burundi, the Democratic Republic of Congo, and Sudan.

He urged the creation of a truly integrated continental intelligence network, beginning with stronger regional cooperation, and insisted that effectiveness must be anchored in professionalism and civilian oversight.

“Intelligence services that operate with integrity… and are subordinate to civilian authority are not weaker—they are stronger,” he declared.

Leadership Under Scrutiny

In a rare moment of reflection, Obasanjo drew from his own involvement in major African peace efforts, including Nigeria-led interventions under ECOMOG in Liberia and Sierra Leone, and mediation roles in Burundi and Zimbabwe. He argued that successful conflict resolution has always depended on “accurate intelligence, courageous honesty, and selfless leadership.”

He also introduced his “Obasanjo 55+20 Leadership Framework,” a structured model outlining 55 measurable leadership attributes and 20 core values. At its heart, he said, lies “courageous honesty”—the willingness of leaders to confront uncomfortable truths.

A Final Warning

Addressing an audience that included Noordin Mohamed Haji and intelligence heads from across Africa, Obasanjo closed with a stark warning and a challenge.

At nearly 90, he said his decades of experience have shown both Africa’s promise and its recurring failures.

“Africa’s conflicts are not inevitable,” he said. “They are the product of leadership choices. What is required now is the will—and the courage and audacity—to choose differently.”

His message was unmistakable: without decisive reforms, Africa risks remaining a battleground for external powers; with them, it has a chance to secure its future on its own terms.

Obasanjo Unveils Bold Blueprint for Africa’s Security Overhaul, Warns Against New Scramble

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Nigeria Woos Diaspora Investors in Silicon Valley, Says “Ready for Business”

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Nigeria Woos Diaspora Investors in Silicon Valley, Says “Ready for Business”

By: Michael Mike

Nigeria has intensified its push to attract diaspora-driven investments, with the Chairman/CEO of the Nigerians in Diaspora Commission (NIDCOM), Abike Dabiri-Erewa, declaring that the country is fully open and prepared for business.

Speaking in Silicon Valley, California, at a high-level pre-event dinner ahead of the African Diaspora Investment Symposium 2026 (ADIS26), Dabiri-Erewa assured global investors—particularly Nigerians in the diaspora—that Nigeria offers vast and untapped investment opportunities across sectors.

The event, hosted at Santa Clara University, brought together top African and global stakeholders under the theme: “Bridging Africa & Silicon Valley: Shaping the Future of Innovation, Investment, and Inclusive Growth.”

Dabiri-Erewa said Nigeria is deliberately positioning its diaspora as a strategic economic force, leveraging their expertise, capital, and global networks to accelerate national development.

She highlighted ongoing reforms and investment-friendly policies under the administration of Bola Ahmed Tinubu, noting that the government is creating an enabling environment for diaspora participation in critical sectors, including technology, infrastructure, and entrepreneurship.

According to her, the focus is shifting from remittances to structured, long-term investments capable of driving sustainable economic growth and innovation.

“The Nigerian diaspora remains one of our strongest assets,” she said, stressing that deeper engagement would unlock transformative opportunities for both the country and its global citizens.

The NIDCOM boss also commended Almaz Negash, founder of the African Diaspora Network, for convening the platform and fostering cross-continental partnerships.

Beyond the dinner, Dabiri-Erewa held a working session with Nigerian professionals in the United States, many of whom expressed readiness to collaborate with NIDCOM on initiatives aimed at national development.

The engagements attracted a diverse mix of African and American leaders, innovators, investors, and policymakers, reinforcing a growing consensus on the need to build stronger bridges between Africa and the global technology ecosystem.

The gathering underscored a shared commitment to moving beyond traditional remittance flows toward impactful investments that can shape Africa’s economic future.

Nigeria Woos Diaspora Investors in Silicon Valley, Says “Ready for Business”

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Zulum Cracks Down on Insurgent Support Networks, Backs Airstrikes on ‘Notorious’ Border Market

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Zulum Cracks Down on Insurgent Support Networks, Backs Airstrikes on ‘Notorious’ Border Market

By: Michael Mike

Borno State Governor, Babagana Zulum, has issued a stern warning to residents against aiding or providing any form of support to Boko Haram, as intensified military operations target suspected logistics hubs in the North-East.

The warning comes in the wake of recent air operations by the Operation Hadin Kai, which struck the Jilli general area in Gubio Local Government Area on April 11, 2026.

Jilli, a border community linking Borno and Yobe states, has come under scrutiny as a suspected conduit for insurgent activities. According to the governor, the Jilli market—alongside the nearby Gazabure market—had been officially shut down by the state government five years ago due to security concerns.

“I have been properly briefed on the airstrike carried out on Jilli market,” Zulum said, describing the location as a “notorious hub” allegedly exploited by insurgents and their supply chains.

He revealed ongoing high-level consultations with the Yobe State Government and military leadership, underscoring a coordinated regional approach to tackling insurgency and preventing the resurgence of rebel strongholds along state borders.

Zulum emphasized that any decision to reopen markets or resettle communities in conflict-affected zones is taken only after thorough security assessments and in collaboration with the military and other agencies.

Reaffirming his administration’s stance, the governor said protecting civilians remains paramount, while also stressing that individuals found aiding insurgents—whether through shelter, information, or logistics—would face serious consequences.

He urged residents to remain vigilant and support security forces by sharing credible intelligence, noting that community cooperation is critical to dismantling insurgent networks and restoring lasting peace in the region.

Zulum Cracks Down on Insurgent Support Networks, Backs Airstrikes on ‘Notorious’ Border Market

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