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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
News
Ogoni Leaders Petition Tinubu, Accuse Wike of Undermining Peace Dialogue
Ogoni Leaders Petition Tinubu, Accuse Wike of Undermining Peace Dialogue
By: Michael Mike
Leaders and people of Ogoniland have petitioned President Bola Tinubu over alleged attempts by the Minister of the Federal Capital Territory (FCT), Nyesom Wike, to undermine the ongoing Federal Government–Ogoni dialogue process aimed at resolving the decades-long Ogoni crisis.
The petition was submitted under the auspices of the Conscience of Ogoni People (COOP), formerly known as the Ken Saro-Wiwa Associates, a group of concerned Ogoni stakeholders advocating peace, justice, and sustainable development in Ogoniland.
In a statement issued on Monday and signed by COOP’s Leader and Spokesman, Chief Gani Topba, the group expressed strong support for the dialogue and peace process being facilitated by the National Security Adviser (NSA), Mallam Nuhu Ribadu, describing it as the most credible effort so far to address the long-standing Ogoni question.
COOP alleged that Wike has been engaging in actions intended to frustrate the dialogue, tracing the dispute to unresolved issues from his tenure as Governor of Rivers State.
According to the group, the controversy is linked to a long-standing compensation dispute between the Ejama Ebubu community in Ogoni and the Shell Petroleum Development Company of Nigeria Limited (SPDC) over environmental damage claims that were decided in favour of the community.
The group stated that the Rivers State Government became deeply involved in the matter during Wike’s administration, a development that has remained contentious and unresolved in public discourse.
COOP further alleged that during the recent visit of the NSA to Ogoniland, political associates of the FCT Minister were instructed to boycott and undermine the engagement. The group claimed that efforts were deliberately made to sabotage the dialogue at the community level.
Raising security concerns, COOP alleged that armed youths recruited from different parts of Rivers State are currently being mobilised and camped around the Rivers State House of Assembly quarters, allegedly to destabilise the peace process.
The group also claimed that Wike is displeased with Rivers State Governor, Sir Siminalaiyi Fubara, for cooperating with the NSA to ensure the success of the Ogoni dialogue. According to COOP, local government chairmen in Eleme, Tai, Gokana and Khana LGAs were allegedly directed to recruit armed youths to disrupt the dialogue and frustrate the proposed resumption of oil operations in Ogoniland.
COOP warned that if these alleged actions are not checked, they could pose serious threats to public peace and security in Rivers State and derail the fragile but promising dialogue process.
The group noted that the ongoing engagement has been widely welcomed by Ogoni people as a sincere and inclusive initiative aimed at achieving lasting peace, environmental remediation, economic reintegration of Ogoni communities, and the safe resumption of oil production in Oil Mining Lease (OML) II. They added that a successful outcome would significantly boost national revenue, foreign exchange earnings, energy security and employment.
COOP appealed to President Tinubu to intervene by calling on the FCT Minister to desist from actions capable of reigniting tension in Ogoniland. The group urged the President to protect the dialogue process and mandate relevant security and intelligence agencies to investigate the allegations.
They call on the President to ensure that no individual, regardless of position, undermines national interest for personal or sectional gain, expressing confidence that decisive intervention would help secure peace in Ogoniland and reaffirm the Federal Government’s commitment to justice, national unity and economic recovery.
Ogoni Leaders Petition Tinubu, Accuse Wike of Undermining Peace Dialogue
News
Gamawa commended Gov. Bala for the creation of additional emirates in Bauchi
Gamawa commended Gov. Bala for the creation of additional emirates in Bauchi
By: Yahaya Wakili
His Royal Highness, the Emir of Gamawa in Bauchi State, Alhaji Adamu Abdulkadir Adamu, has commended His Excellency, the Executive Governor of Bauchi State, Senator Bala Abdulkadir Mohammad A Kauran Daular Ussumaniyya, for the creation of additional emirates, chiefdoms, and districts statewide.
The emir made the commendation in an interview with Newsng in Sabon Garin Nangere, the headquarters of the Tikau emirate council of Yobe state, when he visited His Royal Highness, the Emir of Tikau, Alhaji Abubakar Muhammadu Ibn Grema II.
He said the strategic move by His Excellency, the Executive Governor of Bauchi State, Senator Bala Abdulkadir Mohammad, brings essential development projects, empowers local aspirations, and ensures inclusive growth reaches every corner of the grassroots.
The emir revealed that he was at the Tikau emirate council today to express his profound appreciation to the emir of Tikau, Alhaji Abubakar Muhammadu Ibn Grema II, for his support given to us since we were appointed as the emir of Gamawa, adding that Tikau and Gamawa have had a strong relationship for a long time.
He said, “Tikau and Gamawa share a common border, and also we are neighbors, and we have the history of the Tikau emirate for fostering unity, justice, and loving his people, as well as involving all stakeholders, and steadfastly upholding law and order in his domain.”
“Therefore, we are soliciting the support, advice, and cooperation of the emir and also strengthening our relationship to govern the people of the Gamawa emirate council fairly without bias or selfish interest, and we thank the emir for the hospitality rendered to him and members of his emirate council.
Gamawa commended Gov. Bala for the creation of additional emirates in Bauchi
News
Police sergeant arrested for supplying arms used in Nasarawa robbery
Police sergeant arrested for supplying arms used in Nasarawa robbery
By: Zagazola Makama
A serving police sergeant has been arrested for allegedly supplying an AK-47 rifle used in an armed robbery attack in Doma Local Government Area of Nasarawa State.
Zagazola reliably informed by sources that the development followed the arrest of a robbery suspect, Justine Gbata, 30, of Doka Village, who was apprehended after gunmen attacked one Muhammad Danka of Ankoma Village and dispossessed him of his red Bajaj motorcycle.
The incident occurred at about 1:00 p.m. on Jan. 24, when the assailants, armed with an AK-47 rifle, fired several shots during the operation before fleeing into a nearby forest with the motorcycle.
“After the report, a combined team of police operatives, vigilantes and hunters pursued the attackers into the forest and arrested one suspect. Seven empty AK-47 shells were recovered at the scene,” the sources said.
They added that the suspect, who sustained injuries during the chase, was taken to General Hospital, Doma, for treatment.
“During interrogation, the suspect confessed that the rifle used for the robbery was supplied by a serving police sergeant attached to Daudu Division in Benue State,” the sources said.
The sergeant has since been identified and detained at the State Criminal Investigation Department (SCID) in Benue for further investigation.
Police authorities said efforts were ongoing to arrest the remaining members of the gang and recover the stolen motorcycle, while investigations into the case continue.
Police sergeant arrested for supplying arms used in Nasarawa robbery
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