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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
NANS Throws Weight Behind NDLEA Drug War, Endorses Tinubu’s Renewed Hope Agenda
By: Michael Mike
The National Association of Nigerian Students (NANS) has declared full support for Nigeria’s intensifying war against substance abuse, aligning with the efforts of the National Drug Law Enforcement Agency (NDLEA) to combat the growing threat of illicit drug use among young people.
The position was made known when NANS leaders, led by their National President, Sola Oladoja, paid a strategic visit to the NDLEA Chairman and Chief Executive Officer, Mohamed Marwa at the agency’s national headquarters in Abuja.
In a meeting that underscored rising concerns over drug abuse in tertiary institutions, the student leaders commended the NDLEA’s sustained crackdown on drug trafficking networks and its preventive campaigns targeting campuses.
Oladoja described the agency’s War Against Drug Abuse (WADA) initiative as a transformative intervention that has significantly increased awareness among students about the dangers of substance misuse.
He said the association’s support for the NDLEA is rooted in a shared responsibility to safeguard the future of Nigerian youths, noting that drug abuse continues to threaten academic performance, mental health, and societal stability.
The NANS leadership also used the occasion to reaffirm its backing of President Bola Tinubu and his Renewed Hope Agenda, pointing to policies they believe have directly impacted students and young people. Oladoja cited the rollout of the student loan scheme, improved stability in the academic calendar following the resolution of strikes, and expanded youth-focused programmes as evidence of the administration’s commitment.
According to him, these measures have strengthened confidence among students in the current government and informed their willingness to support its continuity beyond the current term.
Responding, Marwa welcomed the endorsement, describing Nigerian students as a critical constituency in the national effort to curb drug abuse. He noted that meaningful progress in the anti-drug campaign would require active collaboration with young people, particularly those in higher institutions where vulnerability to substance use remains high.
Marwa warned that drug abuse poses far-reaching consequences, from deteriorating health and disrupted education to increased crime and long-term social instability. He called on student leaders to take ownership of the campaign within their campuses by promoting awareness and discouraging peer influence toward drug use.
Addressing concerns over the Federal Government’s newly introduced drug integrity test policy for students, the NDLEA boss clarified that the initiative is not designed to punish but to protect. He explained that early identification of drug use allows for timely counselling, treatment, and rehabilitation, thereby preventing long-term damage.
The engagement ended with both NANS and NDLEA agreeing to deepen collaboration, signalling a more coordinated approach to tackling substance abuse within Nigeria’s academic environment.
NANS Throws Weight Behind NDLEA Drug War, Endorses Tinubu’s Renewed Hope Agenda
Troops Recover 225 Rustled Cattle, Repel Bandits in Katsina
By: Zagazola Makama
Troops of Operation FANSAN YANMA have recovered no fewer than 225 rustled cattle after engaging suspected bandits in Katsina State.
Security sources told Zagazola that the operation was carried out at about 8:00 a.m. on April 20 by troops of 17 Brigade following credible intelligence on the movement of a notorious bandit leader, identified as Muhammad Filani, and his group.
The sources said the suspects were tracked to Kauri village in Kankia Local Government Area, where troops made contact and engaged them in a firefight.
“Upon contact, the troops engaged the bandits effectively, forcing them to flee and abandon the rustled cattle,” the source said.
The troops subsequently recovered a total of 225 cattle, which were handed over to relevant local authorities for identification and return to their rightful owners.
Military authorities noted that the operation has dealt a significant blow to cattle rustling networks operating within the area.
They added that troops have sustained aggressive patrols and intelligence-driven operations to deny bandits freedom of action across the state.
Meanwhile, under Operation Savannah Shield, troops continued offensive operations and routine security activities within their areas of responsibility.
Sources, however, confirmed that there was no major incident recorded during the period under review.
The Nigerian Army reaffirmed its commitment to protecting lives and property while intensifying efforts to combat banditry and related crimes in the North West.
Troops Recover 225 Rustled Cattle, Repel Bandits in Katsina
Troops Foil Kidnap Attempt, Rescue Two Victims in Kaduna
By: Zagazola Makama
Troops of the Nigerian Army have foiled a kidnap attempt and rescued two victims following a swift response to a distress call in Kaduna State.
Security sources said that the incident occurred at about 1:00 a.m. on April 21, when troops deployed under Operation Enduring Peace at Ungwan Gora checkpoint received reports of gunshots suspected to be from kidnappers.
The sources said the attack took place along the axis between Ungwan Dariya and Rafin Tagwi Bridge in Sanga Local Government Area.
“On receipt of the report, troops responded immediately and moved to the location, where they made contact with the suspected kidnappers,” a source said.
According to the source, the troops engaged the attackers, forcing them to flee into nearby bushes and abandon their victims.
During the operation, two persons who sustained gunshot wounds were rescued by the troops and promptly evacuated to a medical facility for treatment.
Military authorities said the swift intervention of the troops prevented what could have escalated into a successful abduction.
They added that patrols have been intensified within the area to track down the fleeing suspects and forestall further criminal activities.
The Nigerian Army reaffirmed its commitment to safeguarding lives and property, urging residents to continue providing timely information to security agencies.
Troops Foil Kidnap Attempt, Rescue Two Victims in Kaduna
NANS Throws Weight Behind NDLEA Drug War, Endorses Tinubu’s Renewed Hope Agenda
Troops Raid Hideout, Arrest Suspected IPOB/ESN Commander and Four Others in Ebonyi
Troops Foil Boko Haram Attack, Rescue Nine Captives in Mandara Mountain in Borno
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