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IMF, World Bank Must End Colonial Rule, Says ActionAid
IMF, World Bank Must End Colonial Rule, Says ActionAid
By: Michael Mike
ActionAid has said the time is up for the International Monetary Fund (IMF) and the World Bank to stop perpetuating a colonial rule on the world.
The call was made at the weekend as the two global financial institutions conclude their Spring meetings in Washington DC this week.
ActionAid, in the statement said for the last 80 years the IMF and World Bank have been in existence, not much has changed as global South countries have been pushed further into debt and are reeling from the impacts of IMF-imposed austerity measures.
In its 2023 report Fifty Years of Failure, ActionAid found that despite following the IMF’s advice for decades, many African countries are in debt distress or facing a high risk of debt distress. Austerity measures have blocked the recruitment of teachers, doctors and nurses, even in countries with severe shortages, and has squeezed public sector salaries at a time of a rising cost of living.
Global Lead on Economic Justice and Public Services at ActionAid International, Roos Saalbrink, said:“Countries in the global South have since the structural adjustment progammes been in perpetual austerity, eroding public health and education. At a time of unprecedented climate crisis and debt crisis in the global South, the Bretton Woods Institutions continue to oil the wheels of colonial exploitation and extraction. At the same time global South governments have very little say in the policies coming from these institutions at the centre of the international financial architecture. 80 years is enough.”
The statement said ActionAid is also concerned about a ‘gentleman’s agreement’ which has ensured that the IMF managing director has for 80 years been European and the World Bank president a US national.
Country Director of ActionAid USA, Niranjali Amerasinghe, said: “Kristalina Georgieva’s appointment is a continuation of the colonial era ‘gentleman’s agreement’, where rich western powers have the most say. It is unacceptable that 80 years later we are still having to call this out. The IMF must change its leadership selection process, its decision-making model, and the harmful practices that keep developing countries in a cycle of crisis.
“As the climate crisis wreaks havoc, global South countries are so deep in debt that they cannot adapt to these impacts. We are calling for debt cancellation and tax justice to help these countries free up the finances needed to build resilience to climate impacts.
“We need to see an overhaul of the international financial architecture with a proper debt workout mechanism, a UN tax convention, to ensure global South governments have a say over policies impacting them disproportionately.”
ActionAid is a global federation working with more than 41 million people living in more than 71 of the world’s poorest countries, the organisation wants to see a just, fair, and sustainable world, in which everybody enjoys the right to a life of dignity, and freedom from poverty and oppression. We work to achieve social justice and gender equality and to eradicate poverty.
IMF, World Bank Must End Colonial Rule, Says ActionAid
Troops repel kidnapping attempt on Makurdi–Kura road, driver killed in crossfire
By: Zagazola Makama
Troops have repelled an attempted kidnapping along the Makurdi–Kura road in Benue State, but a driver was killed during a crossfire between soldiers and suspected bandits on Wednesday evening.
Zagazola gathered that the incident occurred at about 6:30 p.m. when a group of engineers travelling from Kura to Makurdi encountered armed men who had blocked the road, intending to abduct passengers in a bus ahead of them.
According to a local source, soldiers on routine patrol were behind the engineers’ vehicle and immediately engaged the attackers in a gun duel, forcing the assailants to flee into the bush.
During the exchange of fire, Ochoche Otokolo Ekwu, the driver of the engineers’ vehicle, was hit by a stray bullet and died on the spot.
The source said the Divisional Police Officer of ‘D’ Division mobilised a patrol team alongside tactical units to the scene, where the corpse was evacuated and deposited at a mortuary in Makurdi.
The source added that security operatives are currently combing nearby bushes to track the fleeing suspects and prevent further attacks along the route.
Troops repel kidnapping attempt on Makurdi–Kura road, driver killed in crossfire
Police Officer goes missing after signing out rifle in Katsina
By: Zagazola Makama
A police officer has been declared missing in Katsina State after signing out a service rifle for duty and disappearing without a trace.
Zagazola gathered that the incident occurred on Nov. 23 when PC Ahmed Tukur attached to the Danmusa Division, reported for duty at about 6 p.m. and signed out an AK-47 rifle with breech number 13492 for standby duty.
Shortly after collecting the weapon, the officer left the station for an unknown location and has not been seen since.
A source told Zagazola that all efforts to contact him, including visits to his residence and reaching out to relatives, have yielded no clues about his whereabouts.
The source said the command has launched sustained efforts to trace the officer and recover the missing rifle, describing the situation as “a serious operational and security concern.”
Police Officer goes missing after signing out rifle in Katsina
News
Community leaders’ engagement and intelligence gathering are key to the security situation. – Governor Bini
Community leaders’ engagement and intelligence gathering are key to the security situation. – Governor Bini
By: Yahaya Wakili
Yobe State Governor Hon. Dr. Mai Mala Buni CON has said that the security challenges in the nation need to involve community leaders and individuals for intelligence gathering so as to cut off sources of illegal arms supply in the country.
He said by involving the community leaders and individuals for intelligence gathering, it will arrest the sponsors in order to restore peace and stability to Nigerians.
Governor Buni disclosed this today when he received members of the forest guards training and evaluation committee at the Government House, Damaturu.
Ably represented by his Deputy, Hon. Idi Barde Gubana (Wazirin Fune). He urged Nigerians to emulate the sacrifices made by our forefathers to end security challenges and build a better Nigeria.
The governor assured that recently the service chiefs have given assurance that they will do everything possible within their reach to bring to an end the current insecurity, especially in Northern Nigeria.
He informed the delegation that the Yobe state government has been working tirelessly to improve the security situation in the state.
Speaking earlier, the leader of the delegation, Major General H. I. Mabeokwu, told the governor that they were in Yobe State to brief the governor on the ongoing training of 865 forest guards in the state.
According to Major General Mabeokwu, the committee had earlier visited the Yobe state camp to monitor the ongoing training and inquired about the needs of the trainees and the standards set for the training.
“Your Excellency, we have made significant strides in not only training those forest guards but also raising their awareness about the importance of forest conservation.” Major General Mabeokwu said.
He commended the governor for his generosity in terms of welfare for the instructors and trainees as well as relocation and renovation of the training camp and facilities used to enhance the training.
The committee members comprise the Nigerian Army, Navy, DSS, NNSBS, and NPS across the security agencies.
Community leaders’ engagement and intelligence gathering are key to the security situation. – Governor Bini
Troops repel kidnapping attempt on Makurdi–Kura road, driver killed in crossfire
Police Officer goes missing after signing out rifle in Katsina
Community leaders’ engagement and intelligence gathering are key to the security situation. – Governor Bini
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