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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
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Ex-NGF Coordinator Onaiwu urges support for NSA security direction
Ex-NGF Coordinator Onaiwu urges support for NSA security direction
By: Michael Mike
A former coordinator of the Nigeria Governors Forum, NGF, Earl Osaro Onaiwu, has called on the political class across party lines to support ongoing security efforts of the federal government.
Onaiwu in a statement in Abuja on Wednesday noted that insecurity is colour blind, has no party affiliation and was religious neutral, therefore, the need for politicians to eschew partisan slant on security matters.
He cautioned that failure by the political elite to support the fight against insecurity leading to several ungoverned spaces could disrupt elections, stressing that except there is a country, then elections are guaranteed.
The former NGF coordinator particularly commended the National Security Adviser, Mallam Nuhu Ribadu, for his coordination and strategic efforts in streamlining security policies and engagements in tackling insecurity.
According to him, the recent delivery of military hardware by the United States Government to Nigeria is a demonstration that the NSA was working and his recent foray to the U.S. is yielding the desired results.
“The season requires patriots and this means that irrespective of party affiliations, every politician worth his name needs to support ongoing security efforts as coordinated by the Office of the National Security Adviser, Mallam Nuhu Ribadu.
“Insecurity is colour blind, has no party affiliation, it is religious blind and those not respect societal status. Therefore, Nigerians, especially our political class, should lend their support, proffer solutions and galvanise the people to back the government’s security initiatives.
“Only on Tuesday, the federal government received critical military hardware from the United States Government. This is cheering and it shows that the NSA’s recent visit to the United States and the subsequent hosting of delegations in the country is bearing the desired results.
“Also, renewed military and police onslaughts against terrorists and bandits show that the federal government is taking the fight to those who are intent on denying us our peace and well-being.
“The least we can do as citizens is to support the government, provide real time intelligence from our communities and do not engage in fake news on social media against government’s efforts,” Onaiwu stated.
He further called on governors to match the energy of the federal government by supporting the NSA to address the various security challenges in their states as well as continued logistics and equipment to the military and police.
Ex-NGF Coordinator Onaiwu urges support for NSA security direction
News
Court Threatens Contempt Action Against IGP Over Alleged Disobedience in Anozie Abduction Case
Court Threatens Contempt Action Against IGP Over Alleged Disobedience in Anozie Abduction Case
By: Michael Mike
The Inspector General of Police (IGP), Kayode Egbetokun, is facing possible committal to prison following contempt proceedings initiated over an alleged failure to comply with a Federal High Court order relating to the abduction and disappearance of Mr. John Chukwuemeka Anozie.
The action was instituted by legal counsel to Mr. Anozie’s wife, Mr. Vincent Adodo, who accused the Nigeria Police Force under the leadership of the IGP of willfully disobeying a judgment delivered by the Federal High Court, Abuja, on September 24, 2025.
In the suit, marked FHC/ABJ/CS/865/2025 between Mrs. Nnenna Anozie v. Inspector General of Police, Justice Binta Nyako ordered the IGP to produce for prosecution operatives of the defunct Special Anti-Robbery Squad (SARS) alleged to have abducted Mr. Anozie from his Lekki residence in Lagos on June 15, 2017.
The court also directed the police authorities to forward the investigation report and legal advice on the matter to the Office of the Attorney General of the Federation for appropriate action.
The court further awarded ₦2 million in damages against the IGP for failing to respond to a Freedom of Information request submitted by Mrs. Anozie seeking details of investigations into her husband’s disappearance.
The SARS operatives listed in the judgment include officers attached to the former SARS unit in Akwuzu, Anambra State, who were accused of involvement in the alleged abduction.
According to court documents, despite being served with the judgment in October 2025, the IGP has neither complied with the orders of the court nor paid the damages awarded. This development prompted Mrs. Anozie’s legal team to initiate contempt proceedings by serving the IGP with Form 48 (Notice of Consequences of Disobedience to Court Order) and Form 49 (Notice of Committal to Correctional Centre).
The applicant is now seeking an order of court committing the IGP to Kuje Correctional Centre until he complies fully with the judgment.
The motion for contempt has been scheduled for hearing on February 9, 2025, before the Federal High Court, Abuja.
As of the time of filing this report, the Nigeria Police Force has not issued an official response to the contempt proceedings.
Court Threatens Contempt Action Against IGP Over Alleged Disobedience in Anozie Abduction Case
News
VP Shettima Lauds Massachusetts Tech Institute’s Impact On Global Innovation Ecosystem
VP Shettima Lauds Massachusetts Tech Institute’s Impact On Global Innovation Ecosystem
Urges African entrepreneurs to close ranks to fully harness continent’s huge potentials
By: Our Reporter
The Vice President, Senator Kashim Shettima, has lauded the transformative impact of the Massachusetts Institute of Technology (MIT) on the global entrepreneurship and innovation ecosystem that has raised over $1.5 billion dollars and created over 30,000 direct jobs in 20 years.
He, however, urged African entrepreneurs to close ranks in order to fully harness the continent’s huge potentials, leveraging MIT’s resource mobilization network and job creation opportunities.
The Vice President made the remarks on Wednesday when he received a delegation from Kuo Sharper Foundry Fellowship 2025-2026 led by MIT’s Executive Director for the Kuo Sharper Centre for Prosperity and Entrepreneurship, Dina Sherif, on a courtesy visit at the presidential villa.

Senator Shettima called for unity of purpose among African professionals and entrepreneurs, saying “Africa is the new frontier and future belongs to the continent but its people must unite to transform potentials into tangible results that impact lives and livelihoods.
“Africa is blessed with enormous human and material resources but its people must fuse into one to benefit from the tremendous opportunities that abound across the continent,” he added.

He disclosed that Nigeria President Bola Tinubu is daring to leverage available opportunities to transform the entire economy, noting that “President Tinubu is not afraid of taking bold decisions that will reposition Nigeria’s economy and better the lives of the livelihoods of the people.”
Earlier in her remarks, the leader of the delegation, Sherif, said the delegation was at the Presidential Villa to brief the Vice President on the activities of MIT’s Kuo Sharper Centre for Prosperity and Entrepreneurship, assuring that the Centre is dedicated to “fueling the engine of entrepreneurship across the world”.
She noted that the team was in Nigeria in view of the Kuo Sharper Foundry Fellowship programme, which, according to her, has helped to entrench the spirit of entrepreneurship across the continent.

Sherif underscored the significance of collaboration among African startups, noting that Nigeria is a leading country, as evidenced in the progress recorded by startups across the continent.
She further assured of improved support for African-based startups from the centre through its various initiatives.

Also present at the meeting with the Vice President were the Director General of the National Emergency Management Agency (NEMA), Mrs. Zubaida Umar, and some fellows of the Kuo Sharper Foundry Fellowship 2025 – 2026 Session across Africa.
VP Shettima Lauds Massachusetts Tech Institute’s Impact On Global Innovation Ecosystem
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