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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
IPCR Sees Lent, Ramadan Overlap as Call for National Healing
By: Michael Mike
As Christians begin Lent and Muslims commence Ramadan, the Institute for Peace and Conflict Resolution (IPCR) has urged Nigerians to use the rare overlap of the two sacred seasons to strengthen unity and reject divisive tendencies.
In a statement released on February 18, 2026, the institute described the simultaneous observance as more than a calendar coincidence, calling it a powerful symbol of shared values and collective responsibility in a nation grappling with insecurity and social strain.
IPCR said both seasons—marked by fasting, prayer and reflection—offer an opportunity for citizens to look beyond religious differences and recommit to peaceful coexistence. It stressed that the moral lessons of compassion, self-restraint and generosity embedded in Lent and Ramadan should translate into everyday interactions among Nigerians.
The institute warned against extremist narratives that distort religious teachings for narrow interests, noting that such interpretations undermine national stability. Instead, it encouraged faith leaders and communities to amplify messages that promote tolerance, dialogue and mutual respect.
According to the institute, true spirituality is measured not only by acts of worship but also by how individuals treat neighbours of different beliefs. It added that Nigeria’s diversity should be seen as a strength capable of fostering resilience rather than division.
“With both faiths engaged in solemn reflection at the same time, Nigerians are presented with a timely reminder that we share a common humanity and destiny,” the statement noted, urging citizens to work together toward a more peaceful and prosperous society.
The Director-General of IPCR, Dr. Joseph Ochogwu, who signed the statement, extended goodwill wishes to Christians and Muslims, expressing hope that the sacred period would inspire reconciliation, understanding and renewed commitment to national unity.
IPCR Sees Lent, Ramadan Overlap as Call for National Healing
Operative dies in accidental discharge in Niger
By: Zagazola Makama
An operative attached to a security unit in Niger State has died following an accidental discharge of a rifle at his duty post in Shiroro Local Government Area.
Sources said the incident occurred at about 10:00 p.m. on Feb. 16 when the operative, identified as Abubakar Iliya, 35, who was attached to a special hunters unit stationed at Galadiman-Kogo, reportedly fell from a sentry post.
During the fall, his cocked rifle disengaged and discharged, striking him in the abdomen and causing fatal injuries.
His remains were later evacuated by his unit for burial in accordance with customary rites.
Operative dies in accidental discharge in Niger
Boat mishap leaves passengers missing in Niger
By: Zagazola Makama
A canoe conveying seven passengers capsized while in transit between Jata and Kami Village in Shiroro Local Government Area of Niger State, leaving several persons missing.
Sources said the incident occurred at about 7:00 p.m. on Feb. 16 when the canoe, carrying six females and one male passenger, overturned during the journey.
The passengers were identified as Mustapher Yakubu; Sahura Yakubu and her child; Zarifa Yakubu; Mommy Yakubu; Lizatu Yakubu; Zaratu Yusuf; and Sumaiya Ibrahim, all from Jata/Bmagara via Kami Village.
Rescue teams, including police and local divers, were immediately mobilised to the scene. The boat driver and his conductor were rescued alive, while search efforts are ongoing to locate the remaining passengers.
Authorities said further updates would be provided as rescue operations continue.
Boat mishap leaves passengers missing in Niger
IPCR Sees Lent, Ramadan Overlap as Call for National Healing
Police neutralise two suspected kidnappers, recover rifle in Akwa Ibom
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