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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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NiDCOM Repatriates 13 Nigerians Rescued from Traffickers in Ghana, Raises Alarm Over Irregular Migration

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NiDCOM Repatriates 13 Nigerians Rescued from Traffickers in Ghana, Raises Alarm Over Irregular Migration

By: Michael Mike

The Nigerians in Diaspora Commission (NiDCOM) has facilitated the return of 13 Nigerians rescued from a human trafficking syndicate in Ghana, in what officials describe as another stark reminder of the growing dangers facing citizens lured abroad with false promises.

Chairman/Chief Executive Officer of NiDCOM, Hon. Abike Dabiri-Erewa, praised the swift intervention of the Nigerian High Commission in Ghana for coordinating the rescue and repatriation of the victims. She said the successful operation underscores the Federal Government’s commitment to protecting Nigerians wherever they may be.

The returnees, comprising 11 adults and two infants aged just four weeks and 16 months, were received in Lagos by the Commission’s Head of Operations on behalf of the Chairman.

According to a statement by the spokesman of the Commission, AbdurRahman Balogun, the initial assessments revealed that some of the women and their children are battling serious health challenges and are currently undergoing medical treatment, alongside psychological support to address trauma experienced during their ordeal.

Dabiri-Erewa expressed appreciation to Nigeria’s First Lady, Oluremi Tinubu, for her consistent support in providing transportation and other critical logistics for rescue missions. She described such backing as vital in ensuring that vulnerable Nigerians are brought home safely and reintegrated with dignity.

As part of standard reintegration procedures, the National Agency for the Prohibition of Trafficking in Persons (NAPTIP) conducted profiling and documentation of the victims, while NiDCOM coordinated logistical arrangements to facilitate their onward movement to their respective states.

The repatriation exercise was led by the Acting Nigerian High Commissioner to Ghana, Ambassador Moses Adeoye, working closely with relevant stakeholders and partner agencies to dismantle the trafficking network involved.

While welcoming the victims home, Dabiri-Erewa warned young Nigerians against falling prey to dubious recruitment agents and unverified overseas job offers. She stressed that irregular migration continues to expose many to exploitation, abuse and life-threatening conditions.

She reaffirmed NiDCOM’s resolve to strengthen collaboration with diplomatic missions, security agencies and civil society partners to combat human trafficking and provide timely intervention for citizens in distress abroad.

NiDCOM Repatriates 13 Nigerians Rescued from Traffickers in Ghana, Raises Alarm Over Irregular Migration

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NDLEA Nabs China-Based Businessman, Two Angolans as 236 Cocaine Pellets Recovered at Abuja, Kano Airports

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NDLEA Nabs China-Based Businessman, Two Angolans as 236 Cocaine Pellets Recovered at Abuja, Kano Airports

By: Michael Mike

Operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested a China-based Nigerian businessman and two Angolan nationals after they excreted a combined 236 wraps of cocaine at the Nnamdi Azikiwe and Mallam Aminu Kano international airports.

The suspects—identified as Ibeanu Vincent Chukwudulue, 34; Mbandu Martins Makiadi, 50; and Ngoma Wilson Fernando, 52—were apprehended in separate operations in Abuja and Kano following intelligence-led surveillance.

Ibeanu was intercepted on February 4 at the Nnamdi Azikiwe International Airport while boarding a Qatar Airways flight from Kano to China via Doha. A body scan confirmed he had ingested illicit drugs. Under observation, he excreted 52 pellets of cocaine weighing 735.95 grams. He told investigators he previously ran a business on Lagos Island before relocating to Guangzhou, China, in 2024.

On the same day, NDLEA officers at the Mallam Aminu Kano International Airport arrested Makiadi and Fernando at the departure hall during clearance for an Ethiopian Airlines flight to Istanbul via Addis Ababa. Body scans confirmed drug ingestion. Makiadi expelled 76 wraps weighing 920 grams in seven excretions, while Fernando passed 108 pellets weighing 1.33 kilograms in five excretions.

The Angolan suspects, both from Hoji Ya Henda in Luanda, claimed they were recruited by an automobile spare parts dealer who promised them $3,000 each upon successful delivery of the drugs in Turkey.

In a related development, NDLEA operatives at the export shed of the Murtala Muhammed International Airport thwarted an attempt to smuggle 1.10 kilograms of cocaine to London, concealed in processed cassava granules (garri).

Investigations revealed that the plot was orchestrated from prison by Olashupo Michael Oladimeji, a convicted drug trafficker currently serving a five-year sentence at the Ikoyi Correctional Centre. Oladimeji had earlier been convicted by a Federal High Court in Lagos in 2025 for conspiracy to export 17.90kg of cocaine.

The latest consignment, hidden in a sack of garri packed inside a carton, was presented for export by Adedeji Yusuf Gbolahan, a staff member of Dimeji Express Logistics. NDLEA investigations indicated that Oladimeji coordinated the operation from custody and directed Yusuf to collect the consignment in Oshodi before taking it to the airport.

In another case at the Lagos airport, a 44-year-old estate surveyor, Adelaja Taiwo Adetayo, was arrested for attempting to ship 1.70 kilograms of skunk concealed in five jerry cans to the United Kingdom. The cargo agent who processed the consignment was also arrested, leading to a follow-up operation that tracked down Adelaja in Lagos.

In Abuja, NDLEA operatives intercepted a waybill package from Enugu containing a children’s toy guitar used to conceal 59.2 grams of Canadian Loud, a potent cannabis strain. A follow-up operation led to the arrest of the consignee, Henry Onuma, in Life Camp.

Meanwhile, in Lagos, NDLEA officers raided a four-bedroom duplex in the Lekki area used as a production hub for Colorado, a synthetic cannabis variant known locally as “Colos.” The operation followed the seizure of 73 cartons of nitrous oxide at Ajah–Epe Expressway, suspected to be linked to the facility. Two suspects were arrested, and 13.2 kilograms of freshly produced synthetic cannabis were recovered alongside precursor chemicals.

In Ibadan, Oyo State, a 45-year-old suspected drug dealer, Oluwayemisi Bunmi, was arrested with 1.189kg of Colos and skunk, 320 grams of methamphetamine, nearly ₦3 million in cash, and two vehicles.

In Kwara State, NDLEA operatives intercepted a vehicle conveying 105,400 pills of tramadol along the Bode Saadu axis, leading to the arrest of 43-year-old Kamilu Abdullahi.

Similarly, in Edo State, five suspects were apprehended during a raid on a forest camp in Ovia North East Local Government Area, where 563.5 kilograms of skunk were recovered.

Chairman/Chief Executive Officer of NDLEA, Brig. Gen. Mohamed Buba Marwa (Rtd), commended officers across the MAKIA, MMIA, NAIA, Lagos, Edo, Kwara, FCT, and Oyo Commands for their professionalism and vigilance.

He urged continued commitment to the agency’s balanced strategy of drug supply reduction and drug demand reduction, even as NDLEA intensified its War Against Drug Abuse (WADA) sensitisation campaigns in schools and communities nationwide.

NDLEA Nabs China-Based Businessman, Two Angolans as 236 Cocaine Pellets Recovered at Abuja, Kano Airports

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Kwara Residents Call on the Federal Government to Rescue Residents Captured in Woro as a Video of Abductees Surfaces Online

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Kwara Residents Call on the Federal Government to Rescue Residents Captured in Woro as a Video of Abductees Surfaces Online

By:Bodunrin kayode

There has been urgent calls on the Federal, government with the military might to take swift action to rescue the 176 abducted residents of woro community back to safety away from captivity.

This came about after a disturbing video clip showing captured residents of the recent attack in Woro community, Kaiama council Area of Kwara State, surfaced online.

In the video, several women and young children, including infants, were paraded by the terrorists looking distressed and helpless.

A voice believed to be that of one of the attackers was heard behind the camera speaking in Hausa and questioning the victims about their numbers and were they were captured because they were quite a handful.

During the question and answer session the women and children responded that they were taken from Woro in Kaiama council so that their relations will know they are still alive.

“When asked how many they were, they answered that they were 176 in number. The same question was repeated to another woman in the video to confirm the figure.

” The person behind the camera also claimed that authorities had earlier announced a lower number of victims and said the video was proof of the actual figure.

“The victims were abducted after armed attackers invaded Woro community on February 3, 2025. During the attack, many lives were lost and homes were destroyed.

” The emergence of this video has increased fear and concern among residents and families of the victims.

“The people of the area continue to hope for the safe return of their loved ones and a lasting solution to the security challenges.” Said a source from the state.

Kwara Residents Call on the Federal Government to Rescue Residents Captured in Woro as a Video of Abductees Surfaces Online

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