News
UN Report: 2024 Could Errand Protracted Period of Low Growth

UN Report: 2024 Could Errand Protracted Period of Low Growth
By: Michael Mike
A United Nations flagship economic report has raised an alarm that protracted period of low growth looms large, and could undermine progress on sustainable development.
According to the report released on Friday, weakening global trade, high borrowing costs, elevated public debt, persistently low investment, and mounting geopolitical tensions put global growth at risk.
The global economic growth is projected to slow from an estimated 2.7 per cent in 2023 to 2.4 per cent in 2024, trending below the pre-pandemic growth rate of 3.0 per cent, according to the United Nations World Economic Situation and Prospects (WESP) 2024, launched on Friday.
This latest forecast comes on the heels of global economic performance exceeding expectations in 2023. However, last year’s stronger-than-expected GDP growth masked short-term risks and structural vulnerabilities, according to the report.
The UN’s flagship economic report presents a sombre economic outlook for the near term. Persistently high interest rates, further escalation of conflicts, sluggish international trade, and increasing climate disasters, pose significant challenges to global growth.
The report stated that the prospects of a prolonged period of tighter credit conditions and higher borrowing costs present strong headwinds for a world economy saddled with debt, while in need of more investments to resuscitate growth, fight climate change and accelerate progress towards the Sustainable Development Goals (SDGs).
Reacting to the report, the United Nations Secretary- General, António Guterres, said: “2024 must be the year when we break out of this quagmire. By unlocking big, bold investments we can drive sustainable development and climate action, and put the global economy on a stronger growth path for all,” adding that:
“We must build on the progress made in the past year towards an SDG Stimulus of at least $500 billion per year in affordable long-term financing for investments in sustainable development and climate action.”
The report stated that growth in several large, developed economies, especially the United States, is projected to decelerate in 2024 given high interest rates, slowing consumer spending and weaker labour markets. The short-term growth prospects for many developing countries – particularly in East Asia, Western Asia and Latin America and the Caribbean – are also deteriorating because of tighter financial conditions, shrinking fiscal space and sluggish external demand.
Low-income and vulnerable economies are facing increasing balance-of-payments pressures and debt sustainability risks. Economic prospects for small island developing States, in particular, will be constrained by heavy debt burdens, high interest rates and increasing climate-related vulnerabilities, which threaten to undermine, and in some cases, even reverse gains made on the SDGs, according to the report.
The report further showed that global inflation is projected to decline further, from an estimated 5.7 per cent in 2023 to 3.9 per cent in 2024. Price pressures are, however, still elevated in many countries and any further escalation of geopolitical conflicts risks renewed increases in inflation.
In about a quarter of all developing countries, annual inflation is projected to exceed 10 per cent in 2024, the report highlighted, showing that since January 2021, consumer prices in developing economies have increased by a cumulative 21.1 per cent, significantly eroding the economic gains made following the COVID-19 recovery. Amid supply-side disruptions, conflicts and extreme weather events, local food price inflation remained high in many developing economies, disproportionately affecting the poorest households.
“Persistently high inflation has further set back progress in poverty eradication, with especially severe impacts in the least developed countries,” said United Nations Under- Secretary-General for Economic and Social Affairs, Li Junhua,.
He said: “It is absolutely imperative that we strengthen global cooperation and the multilateral trading system, reform development finance, address debt challenges and scale up climate financing to help vulnerable countries accelerate towards a path of sustainable and inclusive growth.”
According to the report, the global labour markets have seen an uneven recovery from the pandemic crisis. In developed economies, labour markets have remained resilient despite a slowdown in growth. However, in many developing countries, particularly in Western Asia and Africa, key employment indicators, including unemployment rates, are yet to return to pre- pandemic levels. The global gender employment gap remains high, and gender pay gaps not only persist but have even widened in some occupations.
Stronger international cooperation needed to stimulate growth and promote green transition.
It advised that Governments will need to avoid self-defeating fiscal consolidations and expand fiscal support to stimulate growth at a time when global monetary conditions will remain tight, adding that Central banks around the world continue to face difficult trade-offs in striking a balance between inflation, growth and financial stability objectives. Developing country central banks, in particular, will need to deploy a broad range of macroeconomic and macroprudential policy tools to minimize the adverse spillover effects of monetary tightening in developed economies.
Furthermore, the report emphasized that robust and effective global cooperation initiatives are urgently needed to avoid debt crises and provide adequate financing to developing countries. Low-income countries and middle-income countries with vulnerable fiscal situations need debt relief and debt restructuring to avoid a protracted cycle of weak investment, slow growth and high debt-servicing burdens.
It added that in addition, global climate finance must be massively scaled up. Reducing – and eventually eliminating – fossil fuel subsidies, following through on international financing commitments, such as the $100 billion pledge to support developing countries, and promoting technology transfer are critical for strengthening climate action worldwide. It also underscores the ever- increasing role of industrial policies to bolster innovation and productive capacity, build resilience and accelerate a green transition.
UN Report: 2024 Could Errand Protracted Period of Low Growth
News
Immigration Comptroller General Advises Personnel on Excellent Service to Clients

Immigration Comptroller General Advises Personnel on Excellent Service to Clients
By: Michael Mike
The Federal Government has charged personnel of the Nigeria Immigration Service (NIS) to continue to offer excellent services to its clients, declaring that efficient customer service is a right and not a privilege.
Comptroller General of the Immigration Service (CGIS), Kemi Nandap, gave the charge in Abuja when she declared open the 2025 SERVICOM Customer Service Week.

She assured that the Service is on an irreversible path of reform, modernization and improved transparency in line with President Bola Tinubu’s Renewed Hope Agenda.
The CGIS noted that the week-long event, themed “Mission Possible” with the NIS sub-theme “Meeting and Exceeding Expectations”, was an opportunity for officers to recommit themselves to the principles of courtesy, timeliness and citizens-centered service delivery.
She said: “The Nigeria Immigration Service must not only meet expectations but exceed them. Every passport issued, every permit processed, every encounter at our borders is a test of our professionalism and integrity. We must continue to build public trust and prove that we are a Service that delivers”, the CGIS declared.
She noted that on assuming office in 2024, she raised concerns over negative practices that dented the Service’s image and challenged officers to “go back to the drawing board.”
Nandap said that directive resulted in far-reaching reforms, including the passport automation and contactless processing system, designed to minimize physical interaction and eliminate bottlenecks.
She highlighted that: “Others are the deployment of e-gates and body cameras at airports, enhancing border security while promoting transparency; Intensified sensitization campaigns across formations to combat corruption and entrench professionalism.
“These reforms are already paying off,” she noted, citing improved national ratings, commendations and awards recently received by the NIS at government performance review retreats.
Nandap however urged NIS personnel nationwide to use the 2025 Customer Service Week as an opportunity to recommit themselves to exceeding public expectations, charging officers to uphold the Service’s reputation at all times.
She added that: “This celebration is not for fanfare. It is a solemn call to renew our pledge of service and to institutionalize transparency, courtesy and excellence as our standard culture.”
Earlier, Special Assistant to the CGIS on SERVICOM and Reform Champion, Barr. Muhammad Awwal Abubakar, a deputy comptroller of immigration, described the Customer Service Week as “a call to reflection, action and renewal.”
He emphasized that the global theme “Mission Possible” challenges public institutions to see obstacles as opportunities for innovation rather than excuses for inefficiency.
“Customer service is not a privilege given by government institutions but a right owed to the people. Our duty is to ensure that every interaction with the NIS leaves citizens and travelers with confidence in our integrity and efficiency”, Abubakar said.
The 2025 NIS SERVICOM Customer Service Week will feature activities across commands and formations nationwide, highlighting innovation, best practices and the Service’s ongoing transformation agenda.
Immigration Comptroller General Advises Personnel on Excellent Service to Clients
Crime
Herdsman, 36 cows shot dead in fresh unprovoked attack in Plateau

Herdsman, 36 cows shot dead in fresh unprovoked attack in Plateau
By: Zagazola Makama
A herdsman has been killed and 36 cows shot dead by unknown assailants in a fresh attack at Ndinn village, Fan District of Barkin Ladi Local Government Area of Plateau State.
Zagazola Makama report that the incident, which occurred on Monday evening, is the latest undocumented violent attacks that have continued to claim lives and property in parts of the state.

Witnesses said the attackers ambushed the herder, identified as Abubakar Alhaji Woda, while he was grazing his cattle, and shot him dead before opening fire on his herd, killing 36 cows on the spot.
Residents described the attack as unprovoked and expressed concern over the growing wave of insecurity in rural parts of Barkin Ladi and neighbouring local government areas.
They lamented that despite several similar attacks in recent weeks, no arrests have been made, and the perpetrators continue to operate with impunity.

In a statement issued on Wednesday, the FUYODA Riyom chapter coordinator, Muhammad Saidu, described the attack as “a heartbreaking reminder of the persistent insecurity and injustice faced by peaceful Fulani communities in Plateau.”
“We strongly condemn this act of violence and call on the relevant authorities to ensure that justice is served,” Saidu said.
He prayed for the repose of the deceased’s soul and called on the government to take decisive steps to restore confidence among pastoral communities who continue to suffer silent losses in the ongoing communal crisis.
“May Almighty Allah grant Abubakar Alhaji Woda Jannatul Firdaus, forgive his shortcomings, and comfort his family with patience and strength during this difficult time,” he added.
However, as of the time of filing this report, there has been no official statement from the Plateau State Government or security agencies regarding the attack.

Zagazola report that the recurring cycle of violence in Plateau State has often been reported only from the angle of reprisals, while several attacks on herders go undocumented or receive limited attention.
Community leaders have called on security operatives to fish out the perpetrators and ensure justice is served to prevent further escalation of hostilities in the area.
Herdsman, 36 cows shot dead in fresh unprovoked attack in Plateau
News
Fact-finding committee says all ethnic groups involved in Plateau crisis

Fact-finding committee says all ethnic groups involved in Plateau crisis
By: Zagazola Makama
Maj.-Gen. Rogers Ibe Nicholas (rtd), Chairman of the Fact-Finding Committee on Insecurity in Plateau State, says the crisis in the state involves both indigenes and non-indigenes across all ethnic and religious divides.
Nicholas, a former Commander of Operation Safe Haven, made this known while reacting to reports that the committee’s findings had indicted Fulani herdsmen as the aggressors in the prolonged conflict.
He clarified that the committee’s report, submitted last month to Governor Caleb Mutfwang, did not attribute blame to any single ethnic group, stressing that the violence in Plateau was a multi-dimensional problem involving various communities.
“The committee was set up by the state government to make findings and recommendations, which have been submitted to the government. The document is still classified until a white paper is issued,” Nicholas said.
He explained that during the committee’s engagements with community leaders across the state, it became evident that all sides had suffered and contributed to the cycle of violence.
“I think people need to be corrected based on the statement that Fulani are the ones causing the problem. The report did not say that,” he stated.
“While we are clear, everybody — all the ethnic groups in Plateau — are in one way or another involved in the crisis. In some areas, fingers have been pointed at particular groups, but our findings show that every community has played a part,” Nicholas added.
He further noted that many of the attacks in the state were reprisals triggered by earlier assaults, which often led to further bloodshed and destruction of property.
Nicholas maintained that the committee’s recommendations, once made public, would help guide the government in addressing the root causes of the conflict and fostering lasting peace in the state.
Fact-finding committee says all ethnic groups involved in Plateau crisis
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