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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
News
PAP Scholarship Scheme Vehicle For Better Future For Niger Delta- Otuaro
PAP Scholarship Scheme Vehicle For Better Future For Niger Delta- Otuaro
By: Michael Mike
The Administrator of the Presidential Amnesty Programme, Dr Dennis Otuaro, has described the programme’s scholarship scheme as a major vehicle towards ensuring a better future for the Niger Delta.
He spoke at the opening ceremony for the fifth batch of the two-day “Leadership, Alternative Dispute Resolution, and Mediation Training for PAP Stakeholders” organised by the Office in collaboration with the Alumni Association of the National Defence College (AANDEC) at the Nigerian Army War College, Abuja, on Thursday.
Otuaro, who declared the workshop open, said that the decision for the massive deployment of scholarship students to universities within and outside Nigeria is informed by the need to utilise formal education to build a sure future for the communities in the region.
According to him, his leadership’s focus on education is aimed at investing in the youths as a deliberate effort to equip them to be drivers of the planned prosperity, peace, stability and development of the Niger Delta in the years ahead.
He said, “We have seriously focused on education, and the scholarship programme is a proper vehicle for a better tomorrow for our region. So far, between 2024 and 2025, we have deployed over 9000 scholarship students to universities within and outside Nigeria; in-country deployment alone this year is 4500.
“These are deliberate efforts we are taking to prepare our region for tomorrow. We need to prepare the next generation for the challenges of peace, socio-economic growth, development, and security.
“If we don’t equip our youths today with education, tomorrow would not be assured. It is time to prepare for the rainy day, that is why we are deliberately investing in the education of our young ones.
“I believe that the scholarship beneficiaries will appreciate this opportunity that we are giving to them. For nearly two years, we have tried as much as possible to impact nearly all communities through the scholarship programme.”
Otuaro explained that the capacity-building workshop was organised to consolidate the PAP’s peacebuilding process in the Niger Delta in alignment with the Renewed Hope Agenda of President Bola Tinubu.
He told the participants that they have a great role to play in the task of deepening the peacebuilding process because they are stakeholders and leaders in their own right.
The PAP helmsman said the time had come for stakeholders to unite strongly and come together to resolve issues in the region without the involvement of outsiders.
He urged the participants to be role models for stability and peace ambassadors of President Tinubu in the Niger Delta.
He also stressed that peacebuilding should be their watchword going forward.
Otuaro expressed appreciation to Tinubu for his steadfast support for the PAP, saying that the president is pleased with the existing peace and stability in the Niger Delta.
He applauded the National Security Adviser, Mallam Nuhu Ribadu, for his encouragement and strategic supervision of the PAP.
He further extended gratitude the management of the Nigerian Army War College, resource persons, and the leadership and membership of the AANDEC for partnering with the PAP to deepen the peacebuilding process in the region.
PAP Scholarship Scheme Vehicle For Better Future For Niger Delta- Otuaro
News
Police arrest three kidnappers, recover 54 AK-47 ammunition in Kwara
Police arrest three kidnappers, recover 54 AK-47 ammunition in Kwara
By: Zagazola Makama
The Kwara State Police Command has arrested three suspected kidnappers and recovered 54 rounds of live AK-47 ammunition during a patrol operation in Bani area of the state.
Sources said the arrest was made at about 11:30 a.m. on Tuesday following intelligence-led patrol by local vigilantes.
According to sources, the Vigilante Commander in Bani, Taiye Abubakar, and his team were on patrol within the Bani axis when they sighted two men riding on a Bajaj motorcycle.
The suspects were identified as Gero Mahamadu of Komi Marshallashi via Bani and Lawale Falike of Sambo Ginda via Jebba.
The sources stated that while efforts were made to stop them, Lawale Falike initially fled the scene, but Gero Mahamadu was arrested. A search conducted on him led to the recovery of 54 rounds of live AK-47 ammunition.
The sources added that during interrogation, Gero Mahamadu confessed that the ammunition was supplied by one Alhaji Shahu Fire and one Ismail Mashamari, both of Sambo Ginda via Jebba, and was to be delivered to one Manu of Ilesha Baruba for a planned kidnapping operation.
Subsequently, Lawale Falike and Alhaji Shahu Fire were arrested, while the suspects reportedly made useful confessional statements.
The police said efforts were ongoing to arrest the remaining suspects, including Manu and Ismail Mashamari, and to recover any additional arms or ammunition connected to the planned crime.
Police arrest three kidnappers, recover 54 AK-47 ammunition in Kwara
News
Assistant Commissioner of Police dies during duty in Ebonyi
Assistant Commissioner of Police dies during duty in Ebonyi
By: Zagazola Makama
A senior police officer, Assistant Commissioner of Police (ACP) Ogbon-Inu Taiwo Popoola, has died while in service at the Ebonyi State Police Command.
Sources said the incident occurred at about 10:30 a.m. on Tuesday during a management meeting at the Commissioner of Police’s office in Abakaliki.
According to the sources, ACP Popoola, who was the Assistant Commissioner of Police in charge of the State Intelligence Department (SID), suddenly developed breathing difficulty and began gasping for breath during the meeting.
He was immediately rushed to the Police Medical Centre at the Police Headquarters, Abakaliki, where he was promptly attended to by the command’s medical personnel.
Despite efforts to resuscitate him, the officer was confirmed dead by medical doctors.
The sources said preliminary medical findings indicated that the death was due to cardiac arrest, secondary to hypertensive heart disease.
The remains of the deceased have been deposited at the Alex Ekwueme Federal University Teaching Hospital (AE-FUTHA 1) mortuary in Abakaliki.
The police described the late ACP Popoola as a dedicated officer who served the Force with commitment and professionalism.
May his soul rest in peace
Assistant Commissioner of Police dies during duty in Ebonyi
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