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IMF, World Bank Must End Colonial Rule, Says ActionAid

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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

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Guterres To VP Shettima: Nigeria Must Lead Africa’s Charge For New Global Order

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Guterres To VP Shettima: Nigeria Must Lead Africa’s Charge For New Global Order

By: Our Reporter

Backs nation’s UNSC bid, applauds President Tinubu’s reforms, regional security role

United Nations Secretary-General António Guterres has asked Nigeria to spearhead Africa’s quest for a restructured global order, describing the country as uniquely positioned to lead the continent toward superpower status.

Guterres praised the economic reforms of the President Bola Ahmed Tinubu-led administration as well as Nigeria’s leadership in stabilising the Sahel and ECOWAS regions despite facing its own security challenges.

The UN Chief made the remarks on Friday during a high-level bilateral meeting with Vice President Kashim Shettima on the sidelines of the 39th African Union (AU) Summit in Addis Ababa, Ethiopia.

Speaking during the talks, Guterres said Nigeria’s large population, sustained democratic governance, vast natural and human resources, and longstanding commitment to multilateralism place it in a unique position to lead Africa in the evolving global order.

“Given Nigeria’s demographic strength, democratic continuity and deep resource base, the country stands a real chance of leading Africa to becoming the next superpower in the evolving global architecture,” Guterres said.

The UN Secretary-General and the Vice President discussed key developments in Nigeria, as well as the country’s expanding leadership role in promoting regional stability across West Africa and the Sahel.

Guterres commended the remarkable and outstanding reforms of the administration of President Tinubu, noting that Nigeria’s bold economic restructuring and security commitments have strengthened its continental standing.

The meeting focused on strengthening Nigeria–UN collaboration in advancing global economic growth, peace and security, sustainable development, and coordinated humanitarian response across Africa.

In his remarks, Vice President Shettima thanked the UN Secretary-General for his leadership in promoting global peace, saying Africa has benefitted immensely from his tenure, even as the United Nations undergoes internal restructuring.

“We remain committed to multilateralism and to deepening our partnerships with the United Nations and other global institutions,” VP Shettima said.

The Vice President also reiterated Nigeria’s longstanding call for comprehensive reform of the United Nations system to reflect evolving global realities.

He emphasised that Africa must have stronger representation in global decision-making structures and declared that Nigeria deserves a permanent seat on the United Nations Security Council.

Both leaders pledged to deepen cooperation, with Guterres reaffirming the UN’s support for Nigeria’s reform agenda and its growing leadership role in advancing peace, security, and development across the African continent.

Guterres To VP Shettima: Nigeria Must Lead Africa’s Charge For New Global Order

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CAIDOV Urges DSS to Arrest El-Rufai Over Alleged Admission of Tapping NSA’s Calls

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CAIDOV Urges DSS to Arrest El-Rufai Over Alleged Admission of Tapping NSA’s Calls

By: Michael Mike

The Centre Against Injustice and Domestic Violence (CAIDOV) has called on the Department of State Services (DSS) to urgently investigate and arrest former Kaduna State governor, Nasir El-Rufai, over what it described as a confession to tapping the telephone lines of the National Security Adviser (NSA).

In a statement issued on Saturday by the Executive Director, Gbenga Soloki, the group said the alleged action by El-Rufai raises serious national security concerns and must not be treated lightly by security agencies.

CAIDOV insisted that security operatives should “move swiftly to trap him even if Nigeria will divide,” stressing that no individual is above the law regardless of political status or influence.

According to the group, El-Rufai has “succeeded in putting himself into trouble” and should be made to face the consequences of his alleged actions. It accused the former governor of displaying what it called an “alarming level of arrogance,” warning that personal disagreements with top security officials should not lead to actions that could undermine national security.

The group further claimed that the alleged development has “exposed whatever may have been planned underneath,” urging authorities to conduct a thorough investigation to determine the full extent of the matter.

As of the time of filing this report, El-Rufai had not publicly responded to the allegations, while the DSS has yet to issue an official statement on CAIDOV’s demand.

The call adds to growing political tensions surrounding recent exchanges involving key political actors and security institutions.

CAIDOV Urges DSS to Arrest El-Rufai Over Alleged Admission of Tapping NSA’s Calls

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Nigeria Reaffirms Commitment to Global Anti-Drug War as NDLEA Officers Graduate from U.S. DEA Academy

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Nigeria Reaffirms Commitment to Global Anti-Drug War as NDLEA Officers Graduate from U.S. DEA Academy

By: Michael Mike

Nigeria has reaffirmed its commitment to strengthening global collaboration in the fight against illicit drug trafficking and transnational organised crime as officers of the National Drug Law Enforcement Agency (NDLEA) completed advanced training at the United States Drug Enforcement Administration (DEA) Training Academy in Quantico, Virginia.

Speaking at the graduation ceremony on Friday, NDLEA Chairman and Chief Executive Officer, Brig. Gen. Buba Marwa (Rtd), said the increasing sophistication of criminal networks across borders requires deeper international cooperation and a coordinated global offensive.

Marwa stressed that criminal syndicates no longer operate within isolated territories, making intelligence sharing, joint operations and capacity building among nations indispensable in dismantling drug cartels and organised crime groups.

The ceremony, held at the elite DEA Training Academy, brought together officers from Nigeria, Ghana and Kenya for an intensive programme designed to sharpen investigative, operational and strategic enforcement capabilities. Participants were equipped with advanced skills to combat complex drug trafficking networks and related transnational crimes.

Describing the event as deeply significant, Marwa noted that the course was dedicated to members of the Special Investigative Unit (SIU) who paid the ultimate price in the line of duty. He paid tribute to the fallen officers, describing them as heroes whose courage and sacrifice continue to inspire law enforcement agencies worldwide.

Referencing the course motto, “Different nations, shared duty, one fight,” Marwa said it captured the collective resolve of partner countries against the global drug menace. He emphasised that only a unified, intelligence-driven response can effectively confront criminal enterprises that thrive on cross-border operations.

The NDLEA boss expressed confidence that the knowledge and competencies acquired by the graduating officers would significantly enhance the operational effectiveness of their respective agencies. He charged them to apply the training with integrity, professionalism and courage upon returning home, while upholding the highest standards of service.

Marwa also conveyed Nigeria’s appreciation to the United States Department of Justice, the DEA leadership and instructors for their continued mentorship and investment in capacity development.

He said the graduation marked not the end of training but the beginning of renewed responsibility, urging the officers to protect vulnerable communities and confront criminality wherever it threatens societal stability.

Marwa expressed optimism that the partnership between the NDLEA and the DEA would continue to deepen, yielding sustained success in the shared fight against illicit drugs and organised crime.

Nigeria Reaffirms Commitment to Global Anti-Drug War as NDLEA Officers Graduate from U.S. DEA Academy

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