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EBID Releases West Africa Development Outlook

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EBID Releases West Africa Development Outlook

EBID Releases West Africa Development Outlook

By Michael Mike

The ECOWAS Bank for Investment and Development (EBID) has officially released the 2022 edition of the West Africa Development Outlook (WADO), which takes stock of socio- economic developments of the previous year and presents a macroeconomic outlook for the year 2022.

The WADO discusses the socio-economic challenges of the times and postulates policy interventions that could help ease these challenges.

The 2022 WADO, which is themed, “Navigating Global Shocks through Structural Transformation and Trade”, discusses how the ECOWAS sub-region can mitigate the recent price escalation by increasing local production capacities, improving intra-regional trade and embarking on a deliberate structural transformation agenda.

It also discusses the causes of the recent price hikes as being structural and the need for cautious monetary policy interventions.

While announcing the release of the WADO, the President and Chairman of the Board of Directors of EBID, Dr. George Agyekum Donkor, emphasised the importance of the review of key economic indicators as a way of highlighting the impact of recent global events on ECOWAS economies and postulating mitigating actions for policy makers’ consideration.

He stated that the WADO also highlights the opportunities and threats in the sub-region to guide the investment decisions of existing and would-be investors.

The Director of Research and Strategic Planning of the Bank, Mr. MacDonald Saye Goanue, spoke about the challenging macroeconomic environment the Community faces as a result of which growth prospects have been downgraded.

The elevated food and energy prices pose a great risk to fiscal consolidation and debt sustainability, while threatening to increase current account deficits and exerting pressure on local currencies. There is the need for a fiscal and monetary policy synchronicity to successfully navigate these challenges.

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Bandits loyal to Bello Turji kill several, abduct dozens in Sokoto communities despite peace negotiations claims

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Bandits loyal to Bello Turji kill several, abduct dozens in Sokoto communities despite peace negotiations claims

By: Zagazola Makama

Armed bandits loyal to notorious kingpin, Bello Turji, have carried out a series of attacks on communities in Sabon Birni Local Government Area of Sokoto State, leaving several people dead and dozens abducted between Wednesday, Aug. 14, and Friday, Aug. 16.

The attacks, according to residents, claimed the lives of villagers, a soldier, and a vigilante member, while the fate of many abducted persons remains unknown.

Eyewitnesses told Zagazola Makama that the bandits moved from one community to another, abducting residents and causing panic.

“On Wednesday, they laid an ambush for travellers along the Yankasuwa–Masawa road, stopped vehicles and abducted all passengers on board,” one survivor said.

On Thursday, the gunmen attacked Garki village, abducting 16 persons. One was killed, another managed to escape, while three cows were rustled.

The attacks continued on Friday when they raided Turtsawa and Faru villages near Sabon Birni, abducting 28 residents. Families of the missing persons are still searching for their loved ones.

The Movement for Social Justice, a civil society group in Sokoto, confirmed the incidents, noting that their monitoring indicated repeated attacks within four to five days despite peace negotiations claims. The attack is suspected to be orchestrated by Kallamu a top Loyal fighters of Bello Turji.

“Our reports show multiple attacks in succession. It is possible some incidents have gone unreported. We call on the Sokoto State Government to act swiftly and implement recommendations we have submitted to curb the atrocities of Turji’s fighters,” the group said in a statement.

The civil society organization offered prayers for the victims and appealed to government and security agencies to intervene urgently to stop what they described as “unrestrained brutality” in eastern Sokoto.

Last week, the Defence Headquarters in Abuja dismissed claims that Bello Turji had surrendered and accepted amnesty.

The Director of Defence Media Operations, Maj.-Gen. Markus Kangye, told journalists in Abuja that Turji had not surrendered and remained on the wanted list of the military.

Turji, who operates between Sokoto and Zamfara States, is accused of masterminding several deadly raids and mass abductions across the North-West.

Bandits loyal to Bello Turji kill several, abduct dozens in Sokoto communities despite peace negotiations claims

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Buni directs SEMA to provide flood victims with support

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Buni directs SEMA to provide flood victims with support

By: Yahaya Wakili

Yobe State Governor Hon. Mai Mala Buni CON COMN has directed the State Emergency Management Agency (SEMA) to provide the victims of the flood in the state with immediate support.

Governor Buni commiserated with the victims, adding that, “We have in the last few years been battling with the menace of the flood in some parts of the state, destroying houses and farmlands.

The governor directed the local government chairmen to liaise with SEMA to provide support to the victims.

He also called for cooperation from the communities in finding lasting solutions to the reoccurrence of floods in the affected areas.

Governor Mai Mala Buni also urged the council chairmen to liaise with the community leaders to move flood-prone communities to safer areas.

He directed the relocations of flood-prone communities to safer areas to avoid more casualties.

According to Governor Buni, “As the rainfall intensifies, people in communities in flood-prone areas are kindly requested to move to safer places because we can’t tell when the floods may occur.

Buni directs SEMA to provide flood victims with support

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Police arrest INEC officials, recover election materials in Taraba by-election

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Police arrest INEC officials, recover election materials in Taraba by-election

By: Zagazola Makama

The Police Command in Taraba has arrested some Independent National Electoral Commission (INEC) officials and recovered election materials allegedly diverted during the by-election for Karim Lamido I Constituency of the State House of Assembly.

Sources told Zagazola Makama that on Sunday that the arrests followed credible intelligence provided by party agents.

The sources said the incident occurred on Aug. 16 at about 2:20 p.m. when a team of policemen intercepted the suspects at a private residence in Angwan Sarkin Panya village.

Those arrested included Gideon Amos, 49, an Assistant Presiding Officer II assigned to Polling Unit 16, Angwan Yusuf Dogo, Bikwin Ward, and two others identified as Matthew Jayi, 47, and Tiasama Mathias Musa, 32.

The suspects allegedly diverted materials meant for three polling units PU 005 Gandara, PU 016 Angwan Yusuf Dogo, and PU 029 Angwan Sarkin Primary School — to the residence.

Items recovered from them included three ballot boxes, two BIVAS machines, 19 booklets and 20 pieces of ballot papers, two stamp pads with ink, one marker, and two result sheets.

The sources also disclosed that in the process of resisting the diversion, a police officer on election duty, PC Christian Garba, had his uniform forcibly removed by hoodlums who fled with it.

The sources added that voting had ended in most polling units and collation of results was in progress while investigations into the incident were ongoing.
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