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Nigeria, Others Top Slavery’s List of Shame

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During the peak of the slave era, unknown numbers of people - according to some estimates at least 4 million - died in slave wars and forced marche
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Nigeria is again in the news for the wrong reason: it was dishonorably ranked as the fourth country with the highest numbers of slaves in the world by the Global Index on Modern Slavery for 2013.

The report found that the traditional form of slavery still exists of course in Nigeria, hidden from view but there nevertheless: more than 200 years after slavery was abolished.

It is particularly disturbing that slavery is still being practiced in Nigeria; one of the West Africa countries where slavery is remembered for its almost unimaginable brutality.

Global Index on Modern Slavery for 2013 said that  there are 701,032 estimated population in modern slavery in Nigeria. The range of the estimate spans from 670,000 to 740,000 salves in the country.

During the peak of the slave era, unknown numbers of people – according to some estimates at least 4 million – died in slave wars and forced marches.

Jon Avis in one of his writing in Defense of Marxism reported that “More perished on the voyages across the Atlantic”.

“The scourge of human trafficking and forced prostitution have become an extremely profitable enterprise, especially with the re-introduction of capitalism in Russia and Eastern Europe. Marx explained that while chattel slavery was officially abolished, wage slavery became the dominant form of exploitation under capitalism.

Workers no longer own the means of production and are forced to sell their labour power from week to week. Few are able to escape from this relationship. While the slave trade has been partly abolished, the task now before us is to abolish wage slavery by the overthrow of capitalism and the construction of a socialist society. Only then will humankind become really free” Avis stated.

But back to Global Index on Modern Slavery,  India has the highest population of slavery in the world with 13,956,010; China is rated second with 2,949,243; and Pakistan third, with 2,127,132. The report showed that 30 million people are enslaved worldwide, trafficked into brothels, forced into manual labour, victims of debt bondage or even born into servitude.

Almost half are in India, where slavery ranges from bonded labour in quarries and kilns to commercial sex exploitation, although the scourge exists in all 162 countries surveyed by Walk Free, an Australian-based rights group. Its estimate of 29.8 million slaves worldwide is higher than other attempts to quantify modern slavery.

The International Labour Organisation estimates that almost 21 million people are victims of forced labour. “Today some people are still being born into hereditary slavery, a staggering but harsh reality, particularly in parts of West Africa and South Asia,” the report said.

“Other victims are captured or kidnapped before being sold or kept for exploitation, whether through ‘marriage’, unpaid labour on fishing boats, or as domestic workers. Others are tricked and lured into situations they cannot escape, with false promises of a good job or an education.”

The Global Slavery Index 2013 defines slavery as the possession or control of people to deny freedom and exploit them for profit or sex, usually through violence, coercion or deception. The definition includes indentured servitude, forced marriage and the abduction of children to serve in wars.

The rankings for the index are generated using three variables: a composite estimate of the number of people in slavery in each country, an estimate of the level of human trafficking from and into each country, and an estimate of the level of child and early marriage in each country.

According to the index, 10 countries, including Nigeria, alone account for three quarters of the world’s slaves. Other countries with high population of modern slavery include Ethiopia (651,000), Russia (516,000), Thailand (473,000), Democratic Republic of Congo (462,000), Myanmar (384,000) and Bangladesh (343,000). United Kingdom and Ireland tied as the least countries with low population in modern slavery.

The index also ranked nations by prevalence of slavery per head of population. By this measure, Mauritania is worst, with almost 4 percent of its 3.8 million people enslaved. Estimates by other organisations put the level at up to 20 percent.

Chattel slavery is common in Mauritania, meaning that slave status is passed down through generations. “Owners” buy, sell, rent out or give away their slaves as gifts.

After Mauritania, slavery is most prevalent by population in Haiti, where a system of child labour known as “restavek” encourages poor families to send their children to wealthier acquaintances, where many end up exploited and abused. Pakistan, India, Nepal, Moldova, Benin, Ivory Coast, Gambia and Gabon have the next highest prevalence rates.

At the other end of the scale, Iceland has the lowest estimated prevalence with fewer than 100 slaves.

Next best are Ireland, Britain, New Zealand, Switzerland, Sweden, Norway, Luxembourg, Finland and Denmark, although researchers said slave numbers in such wealthy countries were higher than previously thought.


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PalmPay Launches N400 Million World Travel Carnival, Rewarding Users with Free Global Trips

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PalmPay, Nigeria’s leading digital banking platform, has announced the launch of its ₦400 million festive rewards campaign, designed to reward users with cash prizes and fully sponsored international travel experiences for everyday transactions on the PalmPay app.

The campaign will run from December 17, 2025, to January 8, 2026. The campaign is designed to reward everyday transactions with extraordinary experiences. It runs alongside PalmPay’s Purple December brand campaign, which focuses on wrapping up the company’s key brand and community initiatives for the year.

At the centre of the rewards campaign is the PalmPay World Travel Carnival, an interactive card collection experience that allows users to earn city cards by completing transactions on the app. Users are required to collect five city cards – London, New York, Dubai, Sydney, and Cape Town and combine them into a World  Card, which unlocks a share of the prize pool.

The more World Cards a user creates, the larger their share of the cash rewards. Any extra uncombined cards can be swapped with friends and other PalmPay users to help complete additional World Cards.

Beyond cash rewards, the Carnival also offers Free Global Trips. In each round, the top two users with the highest number of eligible transactions (₦100 and above) and at least one World Card will win an all-expense-paid international trip.

 The travel grand prize covers:

  1. Visa fees
  2. Round-trip international airfare
  3. 5-day, 4-night hotel accommodation
  4. Side attraction
  5. Meal expenses
  6. Airport pick-up and drop-off
  7. All transportation for scheduled tour activities during the trip

Winners will be determined through a transparent leaderboard system, with prizes credited automatically at the end of each round on December 25, December 31, and January 8.

Participation is simple:

  1. Complete tasks on the PalmPay app, such as Airtime, Data, Transfers, and other specific transactions listed in the app, to earn cards.
  2. Collect all five city cards.
  3. Swap cards with friends to complete your collection.
  4. Combine cards to form a World Card and earn cash rewards.
  5. Perform more transactions to climb the leaderboard for a chance at the global trip prize.

To ensure fairness, PalmPay has instituted strict rules: no cheating, bots, fake accounts, or manipulation. Any violations may lead to disqualification or account bans. Additionally, the Free Travel Prize is limited to one per user throughout the campaign.

Speaking on the launch, Femi Hanson, Head of Marketing & Communication, “This festive rewards campaign is about turning everyday banking into meaningful value for our users. With the World Travel Carnival as the headline activation, we are reinforcing PalmPay’s promise of being the smarter way to bank—where smart financial decisions unlock bigger opportunities.”


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REA, NBS Partner to Deliver Comprehensive Energy Data for Nigeria

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The Rural Electrification Agency (REA) and the National Bureau of Statistics (NBS) have signed a Memorandum of Understanding (MoU) to conduct a nationwide energy survey aimed at closing long-standing data gaps in Nigeria’s power sector. The initiative is expected to guide policy, attract investment, and accelerate universal electricity access.

Signed in Abuja, the agreement establishes a National Energy Survey based on the Multi-Tier Tracking Framework (MTF), a globally recognized methodology that measures electricity access not only by grid connection but also by quality, affordability, reliability, and usage of electricity and clean cooking solutions.

The survey will be implemented under the Energy Sector Management Assistance Program (ESMAP) of the World Bank. Dr. Abba Aliyu, REA Managing Director/CEO, said the partnership underscores REA’s commitment to evidence-based rural electrification planning and will generate detailed insights on electricity access and off-grid solutions nationwide.

Prince Adeyemi Adeniran, Statistician-General of the Federation/CEO of NBS, emphasized that reliable statistics are essential for effective policymaking, assuring that NBS will provide technical oversight, sampling expertise, and quality assurance to meet global standards.

The survey will assess energy access, household affordability, expenditure patterns, and the adoption of off-grid technologies such as solar home systems, mini-grids, and clean cooking solutions. REA will provide sector expertise and policy alignment, while NBS manages regulatory approvals, methodology, and technical supervision.

Funded and technically overseen by the World Bank, the exercise will run for 18 months, with the resulting data expected to improve national energy planning, programme targeting, and private sector investment, particularly in underserved and rural communities.

Officials said the collaboration reflects the Federal Government’s commitment to strengthening inter-agency coordination, enhancing energy data availability, and advancing Nigeria’s goal of universal electricity and clean cooking access.


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SiBAN New Executive Council to Champion Vision for Nigeria’s Digital Economy

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The Stakeholders in Blockchain Technology Association of Nigeria (SiBAN), the nation’s foremost self-regulatory body for the blockchain industry, has completed its election cycle, heralding the beginning of a new executive council dedicated to scaling Nigeria’s digital economy.

The highly anticipated elections concluded recently with the emergence of a new leadership team poised to champion industry standards, foster innovation, and drive widespread adoption of blockchain technology across the country.

The newly elected executives, who will officially assume their roles in January 2026, represent a blend of legal, financial, and technical expertise critical for navigating the evolving regulatory landscape.

Leading the charge is Mela Claude-Ake, a lawyer, who has been elected the President of SiBAN to succeed the outgoing President, Obinna Iwuno, whose tenure was marked by significant achievements, including facilitating crucial reforms and forging strategic partnerships with regulators and other critical stakeholders in the digital asset industry. Mr. Iwuno will formally hand over the reins to the new council in January 2026.

Other elected to the executive council are Chimene Chinah – Vice President 1, in charge of Blockchain education and adoption; Oroke Cornelius – Vice President 2, in charge of membership, strategic partnerships, and funding; and Ayo Shonibare – Vice President 3, in charge of policy, regulation, and ethics.

Others are Ugochukwu Peters – Vice President 4 in charge of digital asset operations and capital markets, Mbene Vivian – Chief strategy officer in charge of projects and incubation, Olufunmilayo Tugbobo as Financial Secretary/Chief Financial Officer, and Chiemeka David Ohajionu as Chief Communications Officer.

The newly elected council’s structure reflects SiBAN’s commitment to addressing key pillars of the blockchain ecosystem: from grassroots education and fostering innovation through projects, to establishing robust regulatory frameworks.

In his acceptance speech, Mela Claude-Ake emphasized the vital role SiBAN plays in shaping the future of finance and technology in Nigeria.

“The trust placed in this new council is not one we take lightly. We inherit a great foundation built by the outgoing team. Our mission now is to accelerate. We stand at a critical juncture where the potential of blockchain to revolutionize every sector, from finance and governance to supply chain, is undeniable. This new council will focus relentlessly on advancing smart, collaborative regulation, democratizing blockchain education, and protecting the interests of all stakeholders to ensure that Nigeria remains a leader in the African digital economy space,” he assured.

He added that he is humbled by the opportunity to be the face of one of Nigeria’s youngest and most promising sectors — blockchain tech.

“As a tech enthusiast I am excited at the possibilities. The ecosystem needs careful nurturing by the government. My administration will be focused on building new bridges for the blockchain sector internationally and domestically, establishing trust with the public and unifying the sector. I enjoin all blockchain stakeholders in Nigeria, connected to Nigeria or of nigerian heritage to join hands together with my administration in building the industry of our dreams.”

The industry now looks forward to the handover ceremony in January 2026 and the initiatives the new SiBAN leadership will unveil to solidify the association’s role as a catalyst for innovation and a respected partner to the Nigerian government.


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