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Protecting Life: African Water Activists Resist Corporate Privatisation As World Bank Meets



water projects - Investors King

At a time when life is more precarious than ever, the necessity to prioritise that which gives life is likewise greater than ever. Water is one of the most fundamental necessities for life, yet giant corporations backed by international financial institutions are exploiting this basic need by trying to privatise water across the African continent, threatening to leave millions of people suffering without water.

The only just path forward is by rejecting privatisation and returning water into the hands of the African people, who together have and will continue to advance public water solutions funded by public dollars. On October 13, 2021 at 9am ET, African water protectors will be speaking about these efforts and making demands for change here.

Private water giants like Veolia and Suez have been capturing Africa’s water systems for decades with the backing of institutions like the World Bank, undermining African governments’ efforts to ensure universal water access for their people. Right now the World Bank, one of the largest drivers of water privatisation in the Global South, is holding its annual meetings. Worse, Veolia and Suez, the two largest private water corporations in the world, are on the cusp of a mega-merger that would consolidate their control and further threaten the African people’s right to water systems that ensure true public health and equity. All this shows that the threat of corporate control of water for generations to come is becoming increasingly dire.

“This mobilization is the convergence of all the resistance struggles against water privatisation by the Our Water Our Right Africa Coalition,” said Akinbode Oluwafemi, Executive Director of Corporate Accountability and Public Participation Africa. “We are sending a clear and unequivocal message to the drivers of privatisation and their allies: Africans from East, West, Central and Southern Africa are united in their position that control of Africa’s water today and in the future must be determined by Africans and Africans alone.”

Frontline communities and workers across the African continent have long held the expertise needed to ensure that everyone has access to water and, by extension, life. In order for their leadership to thrive, movement leaders are demanding African governments listen to water protectors, ignore pressures from the World Bank and other institutions to privatise water, and reject all privatisation schemes from profit-driven behemoths like Veolia and Suez. Organisers say that government leaders must invest in public water systems that include meaningful public participation in water governance, with particular focus on the perspectives of those typically left out of decision-making processes, including but not limited to women, low-income people, and rural communities.

These demands build on the momentum of the water justice movement, which has already achieved over 300 cases of water de-privatisation around the world, including in cities such as Paris, the home of Veolia and Suez.

Corporate Accountability and Public Participation Africa encourages all stakeholders to hear directly from the following African water protectors and allies:

  • Akinbode Oluwafemi from Corporate Accountability and Public Participation Africa will share highlights from the forthcoming report, Africa Must Rise & Resist Water Privatisation (due to be released October 13) and talk about how civil society and labour are banding together across Africa to reject privatisation.

  • Dr. Everline Aketch from Public Services International will talk about the impacts of water privatisation on workers and the role of labour in the water justice movement.

  • Dr. Melina Abdullah from Black Lives Matter Grassroots will locate the struggle for water justice in Africa within the context of struggles for Black liberation around the globe.

  • Younoussa Abbosouka and Oumar Ba will talk about their experiences fighting water privatisation and injustice in Cameroon and Senegal, as well as the power of organising.

This event will be moderated by Aderonke Ige, Associate Director at Corporate Accountability and Public Participation Africa.

Please join us on October 13, 2021 at 9am ET here.

Speakers and key contacts related to this event are available for additional questions or comments upon request.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Nasdaq,, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Nigeria Air to Commence Operations Soon; Air Service to Start With Abuja-Lagos Route

Nigeria Air will soon begin operations, starting with the Abuja – Lagos route, the Minister of Aviation, Hadi Sirika had stated.



Nigeria Air

The country’s National Carrier, Nigeria Air will soon begin operations, starting with the Abuja – Lagos route, the Minister of Aviation, Hadi Sirika had stated.

According to the minister, the National Carrier, “Nigeria Air” will be launched with three Boeing 737-800 aircraft. Hadi Sirika further disclosed that the aircraft are configured to adapt to the Nigerian market. 

It will be recalled that in 2015, President Muhammadu Buhari had promised a National Carrier as part of his campaign manifesto. While preliminary work begins, the government however suspends the plan in 2018 with no defined explanation. 

The Minister also disclosed that Ethiopian Airlines Consortium has been selected as the preferred partner for Nigeria Air with a stake of 49 percent. The Federal Government will hold a stake of five percent while a group of three investors ‘MRS, SHACO and Sovereign Wealth Fund will retain 46 percent. 

Speaking during a press conference in Abuja, Hadi Siriki noted that the bidding process was subjected to due process and due diligence. Nigeria Air has an ambitious plan to reach a size of 30 aircraft and begin International operation within the next two years. 

Meanwhile, Nigeria Air Limited has commenced recruitment of qualified crew members ahead of its launch. A memo posted on the verified Twitter handle of the Ministry of Aviation read 

“Nigeria Air is now recruiting qualified crew for the following positions: Experienced, and current B737 Captains; Experienced, and Current B737 First Officers; Experienced, and Current B737 Senior Cabin Crew and Cabin Crew Experienced, and Current B737 Engineers (B1/B2 preferred),” the memo noted.

Interested and qualified candidates are advised to forward their Curriculum Vitae (CVs) to

Nigeria previously had a national carrier, “Nigeria Airways” which was founded in 1958 and wholly owned by the government. It ceased to operate in 2003 due to corruption and mismanagement. 

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Residents of Lagos State Raise Alarm Over Rising PoS Fraud

Residents of Lagos state have raised alarm over the rising case of POS fraud in the state as criminals continue to illegally access their funds. 



point of sales

Residents of Lagos state have raised alarm over the rising case of Point of Sale (PoS) fraud in the state as criminals continue to illegally access their funds. 

The rampaging rate of PoS fraud across the state has raised concerns and doubts about the reliability of the PoS system of payment as few affected Lagosians narrated their ordeal using the system.

A victim of PoS fraud in Lagos state Omotayo wept when her bank account was exploited by fraudsters who emptied her account.

Narrating her ordeal, she said: “I had used my ATM card many times during the week of that incident. I couldn’t identify the particular point where the scam happened.

“I visited a PoS point to withdraw N5,000 and after the withdrawal, I kept my ATM card in the usual spot that is known only to me. When I received debit alerts from my bank, I felt it was a mistake but when I checked my account, N10,000 had been deducted from my balance of N111,000.

“This happened on a Saturday, so I couldn’t visit the bank to lodge a complaint. A few minutes later, I received another debit alert of N10,000 from my bank. ‘What is happening?’ I asked myself. Minutes later, I got another debit alert of N10,000. It continued until my account balance was N11,000.

“This time, with tears running down my cheeks, I hurried to a nearby POS point to withdraw the remaining N11,000 before I would withdraw, I received another debit alert of N10,000, leaving my account balance at N1,000. I wept. I cursed the scammers but then I had lost N110,000 to PoS fraudsters.”

Following the incessant case of PoS fraud in the state, the Lagos State Government (LASG) has declared its move to partner strategically with Mobile Money and Bank Agents in a bid to protect Lagosians from the rising incidence of fraud perpetrated through Point of Sale (PoS).

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Npower Payment: Npower Commence July Payment For Batch C, Stream 1

Npower has commenced July payment for batch C, Stream 1 as some beneficiaries have started receiving credit alerts




Npower has commenced July payment for batch C, Stream 1 as some beneficiaries have started receiving credit alerts. 

Investors King had earlier reported that the management of Npower disclosed that all Npower beneficiaries will be paid their allowance before the end of the month. 

Many Npower beneficiaries have since then been paid their July allowance. Some of these beneficiaries who are highly elated took to their social media pages to report their payment. 

One of the recently paid beneficiaries, Janet Olaleke who could not hide her feelings said ” I just got my credit alert for July. Thank you Npower ooo. Please extend our time to two years like it was done for others. God bless Nigeria”. 

However, some of the beneficiaries lamented that they have not been credited despite seeing it on their Nasims dashboard that they have been paid. 

Dele Alade posted on Facebook “What is going on Nasim? My July shows paid but yet to receive alert. Please do something”.

Another beneficiary, Charles Jude complained that he has not been credited nor does he see any paid message on his Nasims dashboard. 

Charles said, ” My own is not showing anything about July like it has not been initiated. I hope I have not been dismissed from the scheme. I am kinda afraid”. 

National Social Investment Management System (NASIMS) however has appealed for calm from those who are yet to receive credit alerts or a paid message on their Nasims dashboard. The management disclosed that it is working to make sure all payment issues are resolved as soon as possible. 


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