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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
State Actors Grumble Over Operational Allowances Within the Hadin Kai Theatre.
By: Bodunrin Kayode
There is a quiet grumble within the ranks of the Joint Security team in the Hadin Kai theatre with an allegation that some forward operational bases are paid discriminatory allowances.
Some sources within the non military rankings who spoke with this reporter claim that their military colleagues in some forward operational bases (FOB) are actually paid higher than the rest of them by the pay masters who are supposed to release these funds.
This has actually led to a silent outcry by some of the security personnel within the ranks of the Hadin Kai theatre who have decried what they described as the unnecessary disparity between their operational allowances and that of the military.
“There has been some underground grumbling within the ranks of the uniformed personnel in the Hadin Kai theatre over allowances and I am talking about the para military and the police who are in the team in this very sector one.
” From our investigation, it has never happened before and that makes it strange and we believe it is not known to the theatre commander (TC) who we all know as a just man who wants all of us to be happy.
” And that is why we are passing this injustice through you people because you are equal partners in the battles we are fighting against our common enemy because we believe the wrong will be reversed as soon as he gets to hear.
“At our own FOB for now, I can say the drilling for crude oil has stopped but we are pinning the ground against the criminals. And I must tell you, the main challenges here is water we don’t have enough water and the food served is not that good.
“we have only been allocated two bags of water for one week in this hot weather and the allowance given is 31,000 naira while the military is 45,000 naira sir.
“So why is there a difference in the money while both of us are working in the same assignment. Before the allowance was N45,000 and was equal to that of the Army but now they have reduced non military to N31,000 and they expect us to pay returns of 5,000 inside the same N31,000” Said the angry operative.
Operatives of operation Hadin Kai are made up mostly of the entire military, Federal Police, immigration, customs, Civil defence, custodial service, vigilante and the civilian jtf.
In spite of all these collaboration among services which includes the state security services sometimes, the war has gone on for almost 17 years with no sign of a true, seize fire, table negotiations or a total end of the hostilities between the country and non state actors.
State Actors Grumble Over Operational Allowances Within the Hadin Kai Theatre.
Grumble within ranks in joint security team in Borno
By: Bodunrin Kayode
There is a quiet grumble within the ranks of the Joint Security team in the Hadin Kai theatre with an allegation that some forward operational bases are paid discriminatory allowances.
Some sources within the non military rankings who spoke with this reporter claim that their military colleagues in some forward operational bases (FOB) are actually paid higher than the rest of them by the pay masters who are supposed to release these funds.
This has actually led to a silent outcry by some of the security personnel within the ranks of the Hadin Kai theatre who have decried what they described as the unnecessary disparity between their operational allowances and that of the military.
“There has been some underground grumbling within the ranks of the uniformed personnel in the Hadin Kai theatre over allowances and I am talking about the para military and the police who are in the team in this very sector one.
” From our investigation, it has never happened before and that makes it strange and we believe it is not known to the theatre commander (TC) who we all know as a just man who wants all of us to be happy.
” And that is why we are passing this injustice through you people because you are equal partners in the battles we are fighting against our common enemy because we believe the wrong will be reversed as soon as he gets to hear.
“At our own FOB for now, I can say the drilling for crude oil has stopped but we are pinning the ground against the criminals. And I must tell you, the main challenges here is water we don’t have enough water and the food served is not that good.
“we have only been allocated two bags of water for one week in this hot weather and the allowance given is 31,000 naira while the military is 45,000 naira sir.
“So why is there a difference in the money while both of us are working in the same assignment. Before the allowance was N45,000 and was equal to that of the Army but now they have reduced non military to N31,000 and they expect us to pay returns of 5,000 inside the same N31,000” Said the angry operative.
Operatives of operation Hadin Kai are made up mostly of the entire military, Federal Police, immigration, customs, Civil defence, custodial service, vigilante and the civilian jtf.
In spite of all these collaboration among services which includes the state security services sometimes, the war has gone on for almost 17 years with no sign of a true, seize fire, table negotiations or a total end of the hostilities between the country and non state actors.
Grumble within ranks in joint security team in Borno
EU Commits €235 Million to Tackle Escalating Humanitarian Crises in West and Central Africa
By: Michael Mike
The European Commission has unveiled a €235 million humanitarian aid package aimed at addressing the deepening crises across West and Central Africa, where conflict, hunger, displacement, and climate shocks continue to devastate millions of lives.
The funding will target the region’s most vulnerable populations, including those affected by armed conflicts, food insecurity, forced displacement, and communities cut off from essential services. A significant portion—€75 million—has been earmarked for the Central Sahel, widely regarded as the epicentre of the region’s instability.
Other allocations include more than €72 million for Chad, €33 million for Nigeria, €22 million for the Central African Republic, €16.6 million for Cameroon, €4.8 million for Mauritania, and over €6 million for coastal countries. An additional €6.4 million will support region-wide humanitarian initiatives.
Announcing the intervention, Hadja Lahbib, European Commissioner for Equality, Preparedness and Crisis Management, described the situation as a convergence of multiple emergencies.
“West and Central Africa is facing a storm of humanitarian crises, driven by conflict, poverty, hunger, instability, and climate shocks,” she said, recalling firsthand encounters with displaced families during a visit to Chad.
According to Lahbib, the aid will provide critical relief, including food, clean water, healthcare, shelter, and access to education for children whose lives have been disrupted by violence and displacement.
The region’s humanitarian situation remains dire, with conflicts in the Central Sahel and the Lake Chad Basin continuing to spill across borders, intensifying instability in coastal nations and triggering widespread displacement. The ongoing crisis in Sudan has further strained resources in eastern Chad, while separate emergencies persist in north-western Nigeria, parts of Cameroon, and the Central African Republic.
The European Union reiterated its commitment to acting as a reliable humanitarian partner, emphasizing that the intervention is designed not only to save lives but also to restore dignity and hope for affected communities.
EU Commits €235 Million to Tackle Escalating Humanitarian Crises in West and Central Africa
Army Reunites Rescued Women, Children with Families in Borno
State Actors Grumble Over Operational Allowances Within the Hadin Kai Theatre.
Grumble within ranks in joint security team in Borno
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