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ActionAid Nigeria Responds to CBN’s Interest Rate Hike, Highlights Economic Implications and Proposes Solutions

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ActionAid Nigeria Responds to CBN’s Interest Rate Hike, Highlights Economic Implications and Proposes Solutions

By: Michael Mike

ActionAid Nigeria acknowledges the Central Bank of Nigeria’s (CBN) recent decision to raise the Monetary Policy Rate (MPR) to 26.25%, as announced by Governor Yemi Cardoso during the 295th Monetary Policy Committee (MPC) meeting. This marks the third consecutive increase aimed at curbing the surging inflation, which currently stands at 33.69%.

Speaking at its head office in Abuja, ActionAid Nigeria’s Country Director, Andrew Mamedu, noted that, “While the decision to adjust the MPR demonstrates a proactive approach to achieving price and economic stability, it is important to acknowledge its broader implications. We recognise that although inflation is still rising, the month-on-month rate increase is reducing. In the other hand, the increased MPR will inevitably lead to higher borrowing costs for businesses and individuals. Small and Medium-sized Enterprises (SMEs), which are the backbone of our economy, will face heightened challenges in accessing affordable credit. This could stifle innovation, growth, and job creation within this vital sector.

For vulnerable populations, the rising cost of living and food prices, exacerbated by higher interest rates, will further strain their already limited financial resources. This becomes a case of double jeopardy of high inflation and high interest rates. As the cost of borrowing increases, so does the difficulty in securing loans for essential needs, pushing many deeper into poverty.”

To mitigate the impacts of the increase in interest rates and inflation, ActionAid Nigeria proposes that the Federal and State Governments must immediately step-up social protection programs to support the most vulnerable populations. This includes expanding food assistance initiatives, providing targeted financial aid to low-income families, and offering more support to other social sectors, including education, health, and housing.

Andrew Mamedu also reiterated that “It is only fair for the CBN to increase special credit facilities with lower interest rates for SMEs at this crucial time to ensure they can continue to operate and grow. Providing technical and financial support to these businesses will help them sustain their contributions to the economy. Additionally, not many people understand the implications of this hike in interest rates. It is very important for the CBN to collaborate with the National Orientation Agency (NOA) to engage with the public and stakeholders to explain the rationale behind these economic policies. This will foster understanding and patience and enhance transparent communication from the government to manage expectations and build trust and get the citizens to hold greedy businesses and individuals accountable from exploiting the system.

The country director concluded that the fiscal aspects of the economy need to complement the CBN’s efforts in managing monetary policy. This includes improving the ease of doing business, implementing progressive taxation, and ensuring effective budgeting and budget utilisation.

ActionAid Nigeria remains committed to working with the government, private sector, and civil society to address these challenges and promote a more inclusive and resilient economy.

ActionAid Nigeria Responds to CBN’s Interest Rate Hike, Highlights Economic Implications and Proposes Solutions

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JNIM attack in Tillaberi signals deepening jihadist rivalry and expanding Sahel instability

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JNIM attack in Tillaberi signals deepening jihadist rivalry and expanding Sahel instability

By: Zagazola Makama

The reported deadly attack on a Nigerien Army engineering unit near Garbougna in the Tillaberi Region marks a significant escalation in the evolving security dynamics of western Niger and the wider Sahel.

With an estimated 67 soldiers and civilians reportedly killed and a military camp destroyed, the incident underscores both the intensity and increasing sophistication of militant operations in the region.

Beyond the immediate casualties, the attack is notable for its attribution to Jama’at Nusrat al-Islam wal-Muslimin (JNIM), which swiftly claimed responsibility. Tillaberi have long been considered a stronghold of Islamic State in the Sahel (IS Sahel), suggesting a possible shift in operational influence or encroachment into contested territory.

The incident reflects an emerging pattern of geographic diffusion of jihadist violence across the Tera–Niamey corridor, an axis that has repeatedly come under pressure from armed groups. The corridor connects several vulnerable departments, including Tera, Torodi, Say and Ayorou, all of which have experienced repeated attacks in recent years.

The Garbougna attack also fits into a broader sequence of high-casualty operations across Niger since early 2026, including reported strikes near Niamey airport in January and Makalondi in February. These incidents collectively indicate sustained pressure on Nigerien security forces and an expanding operational reach of armed groups closer to strategic population centres.

Of particular concern is the apparent intensification of competition between IS Sahel and JNIM. While both groups have historically operated in overlapping zones, recent claims of responsibility and counter-claims suggest a more overt struggle for influence, recruitment, and territorial control. The reported clash between the two factions near Petel Kole earlier in the year further supports this assessment.

The implications of this rivalry are significant. Rather than reducing violence through competition, the fragmentation of jihadist groups in the Sahel has in some cases resulted in increased attacks, as factions seek to demonstrate operational strength and legitimacy.

At the same time, the weakening of state presence in rural and border communities is compounding the crisis. Reports of closed schools, non-functional health facilities, and inactive markets point to a gradual erosion of governance structures in affected areas. This vacuum continues to facilitate militant mobility and recruitment.

Another critical dimension is the increasing use of improvised explosive devices (IEDs), which has reportedly hindered post-attack clearance operations in the Garbougna area. Such tactics not only slow military response but also expand the risk zone for civilians and security forces alike.

Strategically, Tillaberi remains the epicentre of Niger’s insecurity challenges, given its proximity to the Mali and Burkina Faso border regions. The corridor’s proximity to Niamey raises additional concerns, particularly regarding potential spillover effects into the capital’s security perimeter.

The Garbougna attack, therefore, illustrates a convergence of three destabilising trends: escalating casualty levels, intensified jihadist competition, and shrinking state control in border regions. Taken together, these dynamics suggest a deteriorating security outlook for western Niger, with implications that extend beyond national boundaries into the wider Sahel security architecture.

JNIM attack in Tillaberi signals deepening jihadist rivalry and expanding Sahel instability

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Troops Foil Kidnapping Attempt, Rescue Injured Victim in Kaduna

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Troops Foil Kidnapping Attempt, Rescue Injured Victim in Kaduna

By: Zagazola Makama

Troops of Sector 7, Sub-Sector 71 of Operation Enduring Peace have foiled a kidnapping attempt along a highway in Sanga Local Government Area of Kaduna State.

Security sources said the incident occurred at about 12:15 a.m. on May 21 when troops deployed at Ungwan Gora checkpoint responded to distress information on suspected kidnappers operating along the road at Ungwan Dariya village.

The troops reportedly moved swiftly to the location, forcing the suspected kidnappers to abandon their mission and flee into surrounding areas.

During the operation, one victim was rescued with injuries sustained during the attack.

The victim was immediately evacuated to Confidence Hospital, Fadan Karshi, for medical treatment.

Security sources said efforts were ongoing to track and apprehend the fleeing suspects, while patrols had been intensified along the axis to prevent further incidents.

Troops Foil Kidnapping Attempt, Rescue Injured Victim in Kaduna

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FG to Equip 251 Hospitals as Health Sector Reforms Begin to Deliver Results

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FG to Equip 251 Hospitals as Health Sector Reforms Begin to Deliver Results

By: Michael Mike

The Federal Government has announced plans to distribute critical medical equipment to 251 secondary healthcare facilities across Nigeria as ongoing reforms in the health sector begin to show early gains in maternal and child healthcare outcomes.

The disclosure was made during a stakeholders’ and media engagement ahead of the formal launch of the equipment distribution programme under the Nigeria Health Sector Renewal Investment Initiative and the Sector-Wide Approach (SWAp) Coordination Office domiciled in the Federal Ministry of Health and Social Welfare in Abuja.

The National Coordinator of the programme, Muntaqa Umar-Sadiq, said the reforms were designed to address long-standing structural weaknesses in Nigeria’s healthcare system, including poor coordination, inadequate infrastructure, weak data management systems, shortage of health workers, and limited access to affordable healthcare.

He explained that the reform agenda aligns with the human capital development priorities of Bola Ahmed Tinubu and focuses on strengthening governance, accountability, and service delivery across all levels of healthcare.

According to him, the reform strategy recognises that improving health outcomes requires more than increased funding, stressing that stronger governance systems, coordinated resource management, and enforceable accountability mechanisms are essential to achieving sustainable progress.

“We speak a lot about one plan, one budget, one report, and one conversation. Governance is at the heart of how we can address these long-standing issues,” Umar-Sadiq said.

He noted that the interventions are targeting both the supply and demand sides of healthcare delivery through the recruitment of community healthcare workers, revitalisation of primary healthcare centres, upgrading of Comprehensive Emergency Obstetric and Newborn Care (CEmONC) facilities, and improved provision of equipment and medical commodities.

He added that efforts were also underway to improve healthcare affordability through the National Health Insurance Authority reimbursement scheme, particularly for caesarean sections and obstetric complications.

As part of the reforms, the Federal Government signed a compact with the 36 states and the Federal Capital Territory to establish a unified accountability framework for healthcare delivery.

Under the arrangement, federal, state, and local governments are assigned clear responsibilities, including quarterly performance reviews, mandatory data reporting, and incentive-based financing tied to independently verified results.

Describing the framework as an “ask-and-offer” arrangement, Umar-Sadiq said the Federal Government would provide funding and technical support, while states would commit to agreed reforms and investments before qualifying for reimbursements.

“For the first time, expectations are clearly documented. States know what they are expected to do, and the Federal Government also has obligations it must fulfil,” he stated.

He disclosed that the government had committed to upgrading at least one CEmONC facility in every local government area nationwide.

According to him, 774 secondary healthcare facilities offering comprehensive emergency obstetric and newborn care were assessed across the country to determine infrastructure and equipment gaps, with 251 facilities eventually selected for equipment support covering operating theatres, laboratories, neonatal units, pharmacies, and emergency obstetric care services.

He said the intervention would significantly improve hospitals’ capacity to manage maternal and neonatal emergencies while reducing preventable deaths.

The upgraded facilities, he added, would also support empanelment under the National Health Insurance Authority, enabling more Nigerians to access reimbursed maternal healthcare services.

The reform office further disclosed that over 3,000 primary healthcare centres had already been revitalised nationwide in collaboration with state governments and the National Primary Health Care Development Agency.

Of the revitalised facilities, 808 are located in 172 high-burden local government areas identified as accounting for about 55 per cent of maternal deaths in Nigeria.

Umar-Sadiq also revealed that more than 3,000 community healthcare workers had been recruited and deployed to underserved communities to improve access to frontline healthcare services.

He said emergency transportation systems and referral mechanisms were also being strengthened to ensure that women experiencing pregnancy-related complications could be transferred quickly from primary healthcare centres to equipped referral hospitals.

According to him, 259 healthcare facilities have already been empanelled under the NHIA reimbursement initiative, while more than 42,000 women and newborns have benefited from free caesarean sections and other reimbursed obstetric services.

He also highlighted ongoing efforts to improve access to essential medicines and medical commodities through a pooled procurement initiative known as Medipool, which is expected to reduce stock-outs, lower costs, improve quality assurance, and strengthen value-for-money procurement across the health sector.

Providing further updates on the programme’s impact, Umar-Sadiq said utilisation of healthcare services had increased significantly in targeted local government areas, with more than 2.1 million pregnant women accessing antenatal care services in priority communities.

He noted that skilled birth attendance and facility-based deliveries had also improved, while facility-based maternal mortality rates had declined in participating areas.

He described the development as evidence that the sector-wide reform strategy was beginning to produce measurable improvements in healthcare delivery and maternal health outcomes.

Umar-Sadiq stressed that data intelligence and evidence-based policymaking remained central to the reform programme, noting that authorities now routinely track indicators such as maternal mortality, healthcare worker deployment, facility revitalisation, commodity availability, and emergency response systems.

He added that lessons from previous interventions, including the Midwives Service Scheme, had informed the current implementation model.

Under the arrangement, states are expected to gradually absorb the salaries of newly recruited healthcare workers into their payroll systems over a three-year period to ensure sustainability beyond federal and donor funding support.

The coordinator disclosed that independent verification agents had been engaged to confirm states’ performance before reimbursements are released under the pay-for-results financing model.

He, however, acknowledged that some states were still facing challenges related to the signing of Memoranda of Understanding on healthcare worker recruitment and financing commitments.

According to him, issues involving fiscal planning, accommodation, and long-term workforce absorption remain under discussion with states such as Lagos State, Delta State, and Rivers State.

Umar-Sadiq said the government was also investing in training institutions and workforce expansion programmes to boost the production of midwives and other frontline health personnel.

He added that additional investments were being made in health technology schools and accommodation facilities to improve training capacity and welfare for healthcare workers across the country.

FG to Equip 251 Hospitals as Health Sector Reforms Begin to Deliver Results

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