Structural Adjustment Programs News Today

The privatization of Africa's state-owned companies is always linked to the US through its financial institutions, the World Bank and the IMF, with the introduction of Structural Adjustment Programs in the 1980s and 1990s. However, the British...

Latest news, analysis and opinions from the Daily FT, Sri Lankas only national business newspaper. ..

  "Subsidies are about resource allocation internally within Nigeria. So Nigerians, the people of Nigeria pay for these subsidies:" So says Abebe Selassie, the Director of the IMF African Department, while speaking at the ongoing IMF and World Bank spring meetings in Washington DC, as reported by Sahara Reporters.   Selassie is confidently saying gibberish!  

Excerpt

As Epa Tega called to disclose that the Tinubu's government hass decided to discontinue the Treason case against Omoyele Sowore and Bakare Olawale Mandate, a shed of joyful tears rolled down my cheeks. The first thing I remember was the situation I was when I saw Sowore's coded tweet around 1am on August 3rd, 2019. The tweet was for the core Comrades who had been in the lead of organizing and mobilizing for the August 5th #RevolutionNow protests. Aside that I knew Sowore was being arre...

The searing torment that everyday folks are going through in Nigeria right now is so dire, so unbearably extreme, and so unexampled in its rawness that

ODM party leader emphasised that transition is a bold vision, but can be achieved.

The World Bank’s funding freeze reflects a shift from policy imposition to indirect ways of controlling client nations.

A member of TPAP-M Campaign for Socialist Transformation of Nigeria, Omotoye Olorode, has said that colonial imperialists in collaboration with Nigerian conspirators have continued to suffocate and suppress Nigeria’s working class after 63 years of independence.

What starts here on campus will have a lasting impact on the world, but it begins with knowing what we are up against.