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Sustainable growth and building resilience in Africa require structural transformation – Economic Report on Africa (ERA 2023)

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Sustainable growth and building resilience in Africa require structural transformation – Economic Report on Africa (ERA 2023)

By: Michael Mike

The Economic Report on Africa 2023 (ERA 2023) has said: “Achieving sustainable growth and building resilience requires structural transformation.”

It also said: “Successful industrial policy requires both sectoral focus as well as getting the basics right. It is essential for countries to identify optimal combinations of policy actions to nurture an industrial programme.”

The report with title: “Building Africa’s Resilience to Global Economic Shocks”, and presented by the Director, Macroeconomics and Governance Division at the United Nations Economic Commission for Africa (UNECA), Adam Elhiraika, was launched in Abuja on Monday.

The report showed that the current global economic architecture affords opportunities for African countries to leapfrog and accelerate industrialization through careful experimentation of what has worked elsewhere and adapting it to local conditions.

Elhiraika explained that firm survival and growth in Africa were closely linked with exporting, working with international capital and international or global firms, adopting international managerial norms and standards as well as developing industrial clusters.

These elements, according to ERA 2023, come in different shades depending on the type of firms and their technology intensity. Broadly, however, three economic fundamental gaps require attention to get the basics right: skill gaps; infrastructure gaps and overall institutional quality gaps.

On Promoting regional value chains, the report states that countries can collaborate in creating, for example, regional agricultural commodity markets that will help to connect surplus economies with net importers for wheat, sugar and rice. This will reduce dependence on Russia and Ukraine.

The report also explained that: “Financial integration could also protect the continent from the vicious cycle of debt distress and liquidity crunches through regional bond markets that would enhance savings mobilization, risk pooling and funding for regional and national infrastructure.”

UN Resident and Humanitarian Coordinator, Matthias Schmale, represented by the Economist in the Resident Coordinator’s Office, Nonso Obikili, noted that the convergence of many crises, such as the shocks generated by the consequences of the COVID-19 epidemic, the ripple effects of the Russian invasion of Ukraine, and climate change had resulted in Africa experiencing a setback or lack of progress in achieving the targets set by the Sustainable Development Goals (SDGs).

He cited an example of the impact of shocks on poverty, in 2021, when almost 30 million Africans experienced severe poverty, and the loss of 22 million employment occurred.

“The top ten countries with the highest number of poor people account for 64.7% of the continent’s poor population. The first four countries—Nigeria (100 million), the DR Congo (67 million), Tanzania (36 million) and Ethiopia (33 million)—account for 42% of the poor population.” Schmale said.

The ERA 2023 therefore called for new approaches for African countries to address challenges of global economic shocks. The report calls for improving risk management and building resilience strategies through well-designed national development plans and good governance, as well as structural transformation through equitable green growth and smart industrial strategies.

Special Adviser to the President on Economic Matters, Dr Tope Fasua, highlighted economic recessions that Nigeria had experienced in the past: Commodity price crashes of early 1970s after the oil boom in 1973; recession of the 1980s due to fall in commodity prices; and another crash in the mid-2000s due to crude oil crash. “We live life of volatility in terms of our finances, and most of Africa is still tethered to these kinds of risks.” He said.
At the launch were representatives of the United States Embassy, European Union, USAID, Federal Ministry of Budget and Economic Planning; Federal Ministry of Finance; Central Bank; and UN Agencies.

Sustainable growth and building resilience in Africa require structural transformation – Economic Report on Africa (ERA 2023)

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Berom militia kill Fulani herder in Riyom as tit-for-tat violence escalates in Plateau

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Berom militia kill Fulani herder in Riyom as tit-for-tat violence escalates in Plateau

By: Zagazola Makama

Abubakar Hababe, a 40-year-old Fulani herder, was on April 5 found dead after an attack in Riyom Local Government Area of Plateau State, in what appears to be a reprisal attack in continuation of the tit for tat across affected communities.

The latest incident occurred at about 8:30 a.m., when troops deployed at Rim village responded to a distress call of an attack between Tanjol and Rim communities. On arrival, security personnel discovered the lifeless body of one Abubakar Hababe, 40, in an open field.

Community sources alleged that the victim, a Fulani herder, was attacked in what is believed to be a reprisal by suspected Berom Militia, following earlier killings in the area.

The development is the latest in a string of violent incidents that have heightened tensions across Riyom and neighbouring local government areas.

Investigations indicate that the attack may be linked to the killing of two miners at an illegal mining site in Rim village, where armed men suspected to be Fulani bandits had earlier stormed the area, killing victims and triggering outrage within the host community.

Zagazola report that the pattern reflects a sustained cycle of retaliatory violence that has continued to escalate across Plateau.

On April 3, troops responding to a distress call in Sabongida village, Jos South Local Government Area, recovered the body of a 30-year-old herder identified as Shafiyu, who had been killed in the bush under unclear circumstances.

Later the same day, gunmen attacked an illegal mining site in Gyel village, Riyom LGA, killing three miners, including one Samuel Davou, while several others fled.

Earlier on March 25, the body of a Fulani boy, Abdullahi Mohammed, was discovered in a shallow grave in Mangu Local Government Area, sparking tension in the area.

On the same day, reports also indicated destruction of irrigation farmlands in Riyom, an incident attributed to herders, which further strained relations between farming and pastoral communities.

On March 28, a prominent Fulani leader, Alhaji Bilyaminu Julde, the Ardo of Gindiri in Barkin Ladi LGA, was assassinated at his residence by gunmen, an incident that significantly escalated tensions.

That same day, farmlands in Tahoss village, Riyom LGA, were reportedly destroyed by stray cattle, further deepening hostilities.

By April 2, violence had spread to Bokkos LGA, where troops foiled an attack by suspected armed herders following clashes with vigilantes over grazing disputes, leaving one vigilante injured.

On April 3, additional incidents were reported in Barkin Ladi, where troops recovered suspected rustled cattle, while another Fulani youth was reportedly killed in Riyom in a separate isolated attack.

Security presence has since been intensified across the affected areas, with troops conducting patrols and engaging community leaders to prevent further escalation.

Authorities have urged residents to remain calm and refrain from reprisals, warning that the persistent cycle of attacks and counter-attacks continues to threaten peace and stability in the state.

Security forces said Investigations into the latest killing are ongoing, with efforts underway to apprehend those responsible.

Berom militia kill Fulani herder in Riyom as tit-for-tat violence escalates in Plateau

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Political Landscape Shifts as Yobe South Mobilizes for 2027 Elections Amid Marginalization Concerns

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Senator Ibrahim Mohammed Bomai

Political Landscape Shifts as Yobe South Mobilizes for 2027 Elections Amid Marginalization Concerns

By: Michael Mike

As the 2027 general elections approach, political activities in Yobe South Senatorial District—comprising Potiskum, Fika, Nangere, and Fune Local Government Areas—are gaining momentum. The developments reflect growing concerns about resilience, inclusion, and longstanding marginalization within the region.

Renowned as the food basket of Yobe State, Yobe South is home to a predominantly agrarian population known for its hard work, adaptability, and entrepreneurial spirit. Over the years, many residents have diversified beyond agriculture, pursuing business opportunities across Nigeria rather than relying solely on government employment.

A concerned citizen of the district, Musa Abdullahi Mai Biredi, noted that despite these contributions and a relatively strong educational base, Yobe South has experienced persistent political marginalization since Nigeria’s return to democratic rule in 1999. According to him, political dominance has largely remained within Yobe East Senatorial Zone, often associated with a single dominant ethnic group, thereby sidelining other communities within the state.

“This persistent imbalance raises serious concerns about equity and representation, as the interests of diverse communities continue to receive limited attention,” he stated.

Attention is now turning to Senator Ibrahim Mohammed Bomai, whose potential candidacy is being viewed by many as a symbol of hope for more inclusive representation. His emergence is seen as a challenge to the entrenched political structure, though not without reported resistance. Allegations of intimidation by certain political actors have surfaced, raising concerns about the fairness of the democratic process and the ability of candidates from Yobe South to compete on equal footing.

Meanwhile, there are indications that many constituents in Yobe South are aligning with President Bola Ahmed Tinubu and the All Progressives Congress (APC), signaling a desire for change and stronger political inclusion. Variations in voting patterns across the state further reflect underlying dissatisfaction, which could drive a significant political shift if voters organize effectively and support candidates who genuinely represent their interests.

As Yobe State moves closer to the 2027 elections, the issues of equity, justice, and inclusive governance will remain central to political discourse. Addressing the concerns of marginalization in Yobe South is critical to ensuring balanced representation and strengthening democratic values across the state.

Ultimately, the resolve of the electorate to rally behind credible and people-focused leadership will play a decisive role in shaping the future political landscape of Yobe State.

Political Landscape Shifts as Yobe South Mobilizes for 2027 Elections Amid Marginalization Concerns

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FG Directs MDAs to Halt New Policies Pending Full RIA Compliance

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FG Directs MDAs to Halt New Policies Pending Full RIA Compliance

By: Michael Mike

The Federal Government has directed all Ministries, Departments and Agencies (MDAs) to suspend the introduction and rollout of new policies, regulations, or major regulatory changes until full compliance with the Regulatory Impact Analysis (RIA) Framework is achieved.

The directive, issued by the Director General of the Presidential Enabling Business Environment Council (PEBEC), Princess Zahrah Mustapha Audu, is part of efforts to strengthen regulatory quality, ensure policy coherence, and improve the ease of doing business in Nigeria.

According to the statement, the RIA Framework, which was formally implemented in January 2025, requires that all new policies or amendments introduced after the date must undergo review and approval in line with its provisions.

She noted that the framework has already been circulated to MDAs by the Office of the Secretary to the Government of the Federation and is also accessible on the PEBEC website. MDAs are therefore expected to familiarize themselves with the framework and align their policy development processes accordingly.

Audu emphasized that while the government remains committed to working collaboratively with regulatory institutions, no new reform or policy would be allowed to proceed without being backed by clear and verifiable evidence.

She explained that the directive aims to prevent policy shocks that could negatively affect businesses, investors and citizens, eliminate inconsistencies and frequent policy reversals, and institutionalize evidence-based policymaking across government.

The directive also seeks to enhance transparency, improve predictability, and boost stakeholder confidence in public policies, while ensuring adequate engagement to minimize resistance prior to implementation.

Consequently, all MDAs have been instructed to suspend any planned policy rollouts that have not yet been implemented, ensure that new policy proposals are supported by comprehensive RIA and necessary approvals, and integrate the RIA process into their internal policy formulation procedures.

They are also required to undertake structured and inclusive stakeholder engagement as part of policy development to improve acceptance and implementation outcomes.

The PEBEC boss added that MDAs can access the RIA Framework through its website or seek technical support from the council’s secretariat.

She, however, noted that exceptions would only be granted in cases of urgent national interest, subject to appropriate approval.

Audu stressed that cooperation from all MDAs is crucial to building a stable, consistent and business-friendly regulatory environment capable of driving sustainable economic growth and boosting investor confidence.

FG Directs MDAs to Halt New Policies Pending Full RIA Compliance

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