News
Commonwealth Launches Law Model to Reduce Greenhouse Gas Emissions
Commonwealth Launches Law Model to Reduce Greenhouse Gas Emissions
By: Michael Mike
The Commonwealth Secretariat has launched a new law model that would drastically reduce global greenhouse gas emissions and achieve the Paris Agreement’s goal of limiting global heating to 1.5°C.
The Commonwealth Carbon Tax Model Law was presented on Wednesday at a high-level event in Dubai, the United Arab Emirates, during the United Nations Climate Change Conference (COP28).
Guided by the ‘polluter-pay principle’, the model law provides for an easily administrable carbon tax, with the tax being levied on fossil fuels companies and industrial emitters.

This approach, according to a statement issued by Commonwealth Secretariat, will help ensure that the majority of emissions in most Commonwealth countries are taxed.
The statement said: “Governments and legislators from the 56 Commonwealth countries can use the model law as a starting point to draft new legislation or adapt certain provisions to existing statutes in line with their local circumstances and national climate plans.
“Implementing a carbon tax outlined in the model law would help countries reduce their carbon emissions, attract new investment for clean energy and boost government revenue, while contributing to their national climate commitments under the Paris Agreement.”
Launching the model law, the Commonwealth Secretary-General, the Rt Hon Patricia Scotland KC, said:
“Delivering the Paris Agreement remains humanity’s greatest hope. But globally, current climate action is too weak and too slow, while the window for action continues to narrow.
“There is widespread agreement that one of the most effective ways to help countries meet the net-zero carbon emissions target of the Paris Agreement is carbon taxation.
“Considering the growing interest in this area and the need for a coordinated approach, this model law is a valuable resource for all 56 Commonwealth countries, as they seek to avoid the worst effects of climate change and introduce policies for a more sustainable and prosperous common future.”
The statement revealed that in order to ensure a just transition, the model law includes provisions for measuring and mitigating the carbon tax’s impact on low-income households and other vulnerable groups.
“This is achieved through regular impact reporting, stakeholder engagement and by directing revenue generated from the carbon tax towards supporting clean energy initiatives for low-income households.
“The new model law is the latest in a series of Commonwealth model laws produced by the Commonwealth Secretariat,” the statement read.
Commonwealth Launches Law Model to Reduce Greenhouse Gas Emissions
News
Foundation donates N10m to Gombe market fire victims
Foundation donates N10m to Gombe market fire victims
By Peter Uwumarogie
A Non-Governmental Organsation known as Velocity Humanitarian Foundation, on Friday, donated N10 million to support victims of Monday night’s fire, which razed the Gombe Timber Market.
Chairman of the foundation, Malam Adamu Ibrahim who presented the cheque to the leadership of the market on Friday, also sympathised with victims of the inferno.
He said that the incident had drawn the attention of the organisation’s founder Engr. Aliyu Mohammed, who consequently, directed an extension of the support.
According to him, the foundation is focused on impacting lives, adding that the fire incident had compelled the organsation to extend support to victims in line with its objectives.
He also called on well meaning Nigerians within and outside the state, to assist the victims in view of their huge investment lost to the fire.
In response, Chairman of the state’s Timber Sellers Association, Malam Mohammed Ahmadu,, thanked the organisation for extending the gesture, at a time it was most required.
Ahmadu also described as encouraging, the support and well wishes from many residents who had come to sympathetise with them since the incident.
“This N10 million is well appreciated because we need all the support we can get to ameliorate the sufferings of our members since the fire outbreak.
“We thank the founder of the Foundation, Engr Mohammed and their staff, for this donation; we will always remember this good gesture done to us,” he said.
Meanwhile, Ahmadu said that the association had resolved to acquire a transformer specifically for use of members, which will be turned off after business hours to prevent a reoccurrence of electricity-related fire.
The News Agency of Nigeria (NAN) reports that the fire outbreak destroyed over 60 shops and goods worth millions.
Foundation donates N10m to Gombe market fire victims
News
NAF C-130 aircraft, crew arrive Accra en route to Portugal, receive warm reception
NAF C-130 aircraft, crew arrive Accra en route to Portugal, receive warm reception
By: Zagazola Makama
A Nigerian Air Force (NAF) C-130 aircraft and its crew have arrived at the Air Force Base in Accra, Ghana, after departing Bobo-Dioulasso in Burkina Faso earlier on Friday.
Zagazola reliably gathered that the aircraft is scheduled to proceed to Portugal on Saturday as planned for a flight maintenance mission, official sources said.
On arrival in Accra, the NAF crew and aircraft were received by officials of the Ghana Air Force and representatives of the Nigerian Embassy in Ghana.
A defence source told Zagazola that the reception illustrated the cordial military-to-military relations and longstanding diplomatic ties between Nigeria and Ghana.
We in Nigeria, extend our appreciation to the Ghanaian Government and diplomatic officials for the warm reception and support extended to the Nigerian NAF crew.
NAF C-130 aircraft, crew arrive Accra en route to Portugal, receive warm reception
News
Gombe Govt restates commitment to MSMEs growth
Gombe Govt restates commitment to MSMEs growth
The Gombe State Government, on Friday engaged stakeholders in the finance sector towards easing access to credit and ensuring the growth of Micro, Small and Medium Enterprises (MSMEs) in the state.
Malam Muhammad Magaji, the state’s Commissioner of Finance and Economic Development stated this in Gombe while declaring open the State Action on Business Enabling Reforms (SABER) Programme, themed: “Guide to Access Credit”.
Magaji said that the meeting was aimed at creating an environment conducive for business growth by removing the bottlenecks around accessing finance.
He said that the administration of Gov. Inuwa Yahaya of Gombe State has prioritised the development of businesses and industries to drive economic prosperity for the state, create jobs and improve the wellbeing of residents.
Magaji who was represented by Mr Jalo Ibrahim, the Permanent Secretary, Ministry of Finance and Economic Development said that the state is now more deliberate in supporting small business owners to grow.
According to him, Yahaya-led administration’s commitment to MSMEs growth is to ensure inclusive growth of the economy in view of the role of such small businesses to economic transformation.
“We are engaging the financial institutions and relevant stakeholders to see how we can remove the barriers affecting access to credit to SMEs in the state.
“This is part of the current administration’s commitment to strengthening access to loan facilities that would give life to small businesses and help more youths start up businesses.
“We are very committed as a government to see to it that we provide all the needed supports to make doing business in Gombe State easy.
“Government will inject more money into the system to serve as collateral for business owners and also serve as guarantor to those who are willing to access finance,” he said.
On his part, Alhaji Nasiru Aliyu the Commissioner for Trade, Industry, and Tourism,
Gombe State restated the state government’s commitment to industrialising the state and attracting investors.
Aliyu said that Yahaya’s administration had invested a lot to boost industrial growth and turn the state into the industrial and evonomic hub of North East.
Mr Kabiru Tsoho, the SABER focal person for Gombe State said that the SABER Programme is a World-Bank project aimed at easing businesses towards accelerating the growth of the economic sector.
Tsoho said the engagement would help remove impediments to accessing finance and encouraging business growth.
“This will help improve business environment and encourage investment which would provide more opportunities for jobs to be created and for economic empowerment of women and youths,” he said.
Mr Sanusi Abdullahi, Chairman, Traders Association of Nigeria, Gombe State chapter commended the initiative by the state government and World Bank to make doing business easy.
Abdullahi said with improved access to loans, there would be more youth employment and improvement in the standard of living of residents of the state.
Gombe Govt restates commitment to MSMEs growth
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