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Nigeria

FG Pushes Nutrition Budget Tagging for Transparency

The Federal Government has reaffirmed its commitment to improving Nigeria’s health system by institutionalising nutrition budget tagging at both national and state levels. Speaking in Abuja at the opening of a four-day Training of Trainers workshop on Nutrition Budget Tagging, Acting Permanent Secretary of the Federal Ministry of Budget and Economic Planning, Dr. Sampson Ebimaro, said the initiative is aimed at enhancing transparency, accountability, and efficiency in resource allocation for nutrition programmes. The workshop is themed “Towards a National Picture: Advancing Nutrition Financing through Budget Tagging.” Dr. Ebimaro, representing Minister of Budget and Economic Planning, Senator Atiku Bagudu, noted that although nutrition is widely recognised as vital for health and socio-economic development, implementation remains weak. He cited the lack of a standardised method for tracking nutrition expenditure as a major challenge. “The importance of knowing how resources are allocated and […]

Abdulmumini Auwal SA September 6, 2025

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General

World Bank Sounds Alarm: Global Gas Flaring Hits 17-Year High in 2024

2024 Gas Flaring Crisis: Key Findings Global flaring volume: ▲ 3 bcm to 151 bcm (highest since 2007) Flaring intensity: Unchanged for 15+ years (per barrel of oil produced) Top 9 flaring nations: Account for 75% of flares but <50% of oil output CO2e emissions: 389 million tonnes (incl. unburnt methane) ⚠️ Why This Matters ✔ Wasted energy: Flared gas could power millions in energy-poor regions✔ Climate impact: Methane from flares is 80x worse than CO₂ short-term✔ 2030 deadline: Zero Routine Flaring (ZRF) initiative is off-track 🌐 Regional Flaring Hotspots CountryTrendKey IssueRussia▲ FlaringAging infrastructureIraq▲ FlaringWeak regulationNigeria▼ Flaring (ZRF)Progress but still highUSA▲ Flaring (Permian)Shale boom side-effect 💡 World Bank’s Solutions 1️⃣ Policy Reform: Enforce stricter flaring bans & methane caps2️⃣ Tech Investment: Satellite monitoring (NOAA) + flare-capture systems3️⃣ Funding: GFMR grants for flare-to-power projects4️⃣ Corporate Accountability: Penalties for routine flaring 🗣️ Expert Warning *“Flaring is climate arson. Every year we delay, the 2030 zero-flaring goal slips further away.”*— Global Flaring and Methane Reduction (GFMR) Partnership 📌 Success Stories ✅ Norway: <1% flaring via strict taxes & gas […]

Ahmad July 30, 2025

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Hobby

BREAKING: AU Launches $50M Research Fund – Nigerian Think Tanks Can Apply

$50 Million Boost: AU Wants Nigerian Researchers to Lead Africa’s Future The African Union (AU) has launched a $50 million initiative to supercharge homegrown research and policy development—and Nigerian think tanks are eligible for $10 million grants. Goal? Turn Africa’s brightest minds into problem-solvers for the continent’s biggest challenges. 💰 How the Funding Works ✔ $50M Pool – Funded by the World Bank✔ 3-5 Winning Teams – Each gets $10M for 2.5 years✔ Focus Areas – Align with AU’s Agenda 2063 (education, health, tech, infrastructure, governance, sustainability)✔ Deadline – September 24, 2025 (Apply now!) 🎯 Why This Matters for Nigeria & Africa 🔹 Africa’s Research Crisis – Contributes <1% of global research (WHO 2024)🔹 Brain Drain Reversed – Funding keeps talent IN Africa🔹 Policy Impact – Research must drive real change (not just academic papers) "African think tanks must shape Africa’s future—not outsiders."— Fatou Diouf, ACBF Spokesperson 📜 Who Can Apply? ✅ African think tanks (Nigerian institutions encouraged)✅ Research consortia (3+ organizations collaborating)✅ Proposals must tackle AU’s six key themes 📅 Key Dates 🗓 Sept 24, 2025 – Submission deadline🗓 Nov 14, 2025 – […]

Ahmad July 26, 2025

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Finance

Dangote Joins World Bank’s Elite Private Sector Investment Lab

Aliko Dangote, President and Chief Executive of the Dangote Group, has been appointed to the World Bank’s Private Sector Investment Lab , a prestigious initiative aimed at boosting investments and creating jobs in emerging economies. In a statement confirming his acceptance, Dangote expressed his excitement and commitment to driving sustainable economic growth through private sector-led initiatives. “I am both honoured and excited to accept my appointment to the World Bank’s Private Sector Investment Lab, dedicated to advancing investment and employment in emerging economies,” Dangote said. “This opportunity aligns with my long-standing commitment to sustainable development and unlocking the potential of developing economies. Drawing inspiration from the remarkable successes of the Asian Tigers, which have demonstrated the power of strategic investment and focused economic policy, I am eager to collaborate with fellow leaders to replicate such outcomes across other regions,” he […]

Ahmad April 25, 2025

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General

BoG Governor leads Africa’s call for urgent debt restructuring at World Bank/IMF meeting

The Governor of the Bank of Ghana, Dr Johnson Asiama, speaking on behalf of African Governors, stressed that urgent international intervention is needed to prevent a full-blown economic crisis across the continent. Debt servicingDr Asiama revealed that nearly half of Sub-Saharan African countries are either at high risk of debt distress or already trapped in it.He noted with concern that many nations are now spending more on debt repayments than on essential services such as health and education. This alarming trend, he said, has been worsened by a combination of global shocks, including the lingering effects of the COVID-19 pandemic, geopolitical tensions, climate disasters, and tightening financial conditions.“Africa’s per capita spending on interest payments now exceeds investments in health and education,” Dr Asiama said.He added: “This is unsustainable and demands immediate action from the international community.”Four-pronged solutionThe African Governors outlined […]

Ahmad April 24, 2025

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General

Mahama to IMF and World Bank: Stay Out of Ghana’s Anti-LGBTQ Debate

In a recent Bloomberg interview, former President John Dramani Mahama urged multilateral institutions like the World Bank and the International Monetary Fund (IMF) to refrain from influencing Ghana’s domestic policies, particularly when it comes to the controversial anti-LGBTQ+ legislation currently under discussion in parliament. Mahama argued that these institutions should focus on their economic mandates and not impose cultural values on Ghana.Mahama’s comments came as speculation grew that the World Bank and IMF might withdraw financial support if Ghana proceeds with the anti-LGBTQ+ bill. Despite potential financial consequences, Mahama maintained that these institutions should not dictate cultural matters, emphasizing the diversity of cultures around the world.While Ghana’s parliament is considering a revised version of the anti-LGBTQ+ bill, Mahama advocated for broader stakeholder consultations to ensure inclusivity in decision-making. He also emphasized that promoting family values should be done through education, […]

Edem 4Style March 12, 2025

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Togo

World Bank and Civil Society Organizations Discuss  Women’s Empowerment

The Togolese capital hosted this week, on February 25 and 26, the Regional Civil Society Forum on Girls' Education and Women's Economic Empowerment in West and Central Africa. Held at the 2 Février Hotel, the forum was organized by the World Bank and the Brazzaville Foundation. The event aimed to help civil society groups promote education and financial independence for women. Participants identified key actions to take, networked, and shared experiences. For civil society organizations (CSOs), it was the opportunity to discuss collaboration opportunities with World Bank officials. Committed to Women’s Empowerment Togo's efforts to empower women are timely and recognized internationally. "Today, it is impossible to conceive of the development of our continent without women, because they are in the majority," said Sandra Ablamba Johnson, Minister and Secretary General of the Presidency of the Togolese Republic, at the World Bank and […]

Ahmad March 5, 2025

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