National News
FG Initiates National Emission Framework

FG Initiates National Emission Framework
By Michael Mike
The Federal Government has initiated a process aimed at developing a national emissions framework.
The process was initiated on Tuesday in Abuja by the Minister of Environment, Barrister Mohammed Abdullahi, who recalled that Nigeria signed the Paris agreement with the goal to limit global warming to well below 2 degrees, and preferably to 1.5 degrees Celsius, compared to pre-industrial levels in addition to reducing global greenhouse gas emissions as soon as possible to achieve a climate-neutral world by mid-century.
Abdullahi said: “Towards collaborative achievement of this global temperature goal, the Federal Government of Nigeria has shown exemplary initiative in this respect.”
The minister said President Muhammadu Buhari speech at COP 26 in Glasgow, where he announced Nigeria’s Net Zero target of 2060, which made Nigeria the first major developing country and the first in Africa to undertake such a commitment,
marked the beginning of a road map signaling to the international community that while greater responsibility is on the developed world, Nigeria is
committed to providing leadership in climate governance both regionally and internationally.
He said: “As you may all be aware, operationalization of this Act started with the appointment of the pioneer Director General for the Climate Change Council.
“The government is further taking the lead on the establishment of a trading scheme, with legal framework provided in the Climate Change Act of 2021 for the reduction of greenhouse gas emissions through a cap and trade-based emissions trading schemes to meet the Net Zero target from today.
“We should all be reminded that a collective investment in addressing climate change will eventually provide immense dividends for the global economy alongside the economic co-benefits that come with it.
“Nigeria realises that its efforts on carbon management policy stands to gain from aligning our national emissions planning to
international mechanisms such as Emissions Trading Scheme (ETS).”
The Minister added that: “Nigeria cannot afford to ignore the possibilities of generating upwards of 250 metric tons of CO2E annually amounting to an estimated value in excess of 3 Billion USD.
“The Federal Ministry of Environment is therefore poised to explore all options that are driven by our domestic realities and yet in tune with global benchmarks and best practices to ensure the development of a scheme that adds value to the environment, trigger bankable and commercial transactions which will ultimately generate jobs.”
Also speaking at the occasion, a representative of the United Nations Development Programme, Mohammed Yahaya, who welcomed Nigeria’s commitment toward achieving earlier stated goals, said, “The global carbon trade had in a short space of time grown into a market worth over USD$175 billion a year.
“The history of carbon markets can be marked as a great political success story and is today an integral part of international climate change policies across the world.
“Carbon credits are provided for activities that claim to benefit the climate either by removing CO2 from the air or preventing it being emitted in the first places, Carbon trading is the procurement of these credits. This is what has given birth the Emissions Trading Scheme or Systems.“
National News
Lula Extends Invitation to President Tinubu to Visit Brazil

Lula Extends Invitation to President Tinubu to Visit Brazil
By: Michael Mike
A high-level delegation from Brazil, led by Minister of Foreign Affairs, Mauro Viera arrived in Abuja on a visit aimed at boosting cooperation between Nigeria and Brazil in a move towards strengthening bilateral ties between the two countries.
The visit was also used to deliver an invitation of Brazilian President, Luiz Inácio Lula da Silva known mononymously as Lula, to President Bola Tinubu to Brazil in the nearest future.
The bilateral relations between the two nations dates back to Nigeria’s independence in 1960.
During the visit, the Brazilian delegation is expected to engage in high-level talks with Nigerian officials, exploring opportunities for collaboration in areas such as agriculture, energy, and infrastructure development.
The two countries are also expected to sign several agreements aimed at strengthening their bilateral ties.
The Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, while hosting his Brazilian counterpart in his office on Wednesday, noted that Brazil was the only Latin American country to attend Nigeria’s independence celebration, underscoring the strong historical ties between the two nations.
He said: “We share a lot in common, from our size and economies to our population and culture. This visit is a natural progression of our partnership.”
Tuggar, while citing their robust engagement between the two countries since independence, referenced President Bola Ahmed Tinubu’s visit to Brazil last year, where he attended the G20 summit and engaged in activities to strengthen bilateral ties.
Tuggar emphasized the significance of the visit, saying, “We welcome you and your delegation warmly, and we’re happy to see you here in Abuja.
This visit is a continuation of our efforts to strengthen the bond between our two countries.”
In response, the Brazilian Minister of Foreign Affairs, Ambassador Mauro Viera, recalled his first meeting with Nigerian officials in Dubai in 2023 and the subsequent meeting between President Lula and President Tinubu in Addis Ababa in 2024.
Viera praised President Tinubu’s participation in the G20 summit in Brazil last November, valuing Nigeria’s contributions to the forum.
He also extended an invitation from President Lula for President Tinubu to visit Brazil in the near future.
This visit aims to strengthen bilateral relations, building on previous engagements since President Lula took office in January 2023.
The Brazilian minister emphasized the importance of strategic dialogue and exploring deeper relations in various areas, including culture, economics, cooperation, education, and more.
He highlighted the close contacts between Brazilians and Nigerians, as well as the significant presence of Nigerians in Brazilian society and culture.
He thanked the Nigerian government for hosting the Brazilian delegation and expressed his enthusiasm for a productive day of work to further develop bilateral relations.
This visit marks a significant step in strengthening ties between Brazil and Nigeria, with potential collaborations in trade, investment, and cultural exchange on the horizon.
Lula Extends Invitation to President Tinubu to Visit Brazil
National News
Nigeria-Korea Trade Hits $2.2bn in 2024 – Amb. Pankyu

Nigeria-Korea Trade Hits $2.2bn in 2024 – Amb. Pankyu
By: Michael Mike
The Republic of Korea’s ambassador to Nigeria, Kim Pankyu has disclosed that bilateral trade between Nigeria and Korea increased by 38.6 per cent in 2024, reaching over $2.2 billion.
Pankyu disclosed this in Abuja on Wednesday during a press briefing to mark the 45 years anniversary of bilateral relations between the two countries.
The envoy, who arrived Nigeria a year ago in the role, said that since his arrival, the relationship between Korea and Nigeria had grown significantly.
Pankyu, while disclosing that Nigeria is now Korea’s most important trade partner in Africa, noted that his country has not stopped working at improving trade and investment relations with Nigeria.
He said: “Nigeria remains Korea’s most important trade and investment partner in Africa and accounts for 10 percent of Korea-Africa trade and over 70 per cent of Korea’s project and contract in Africa.
“In 2024, our bilateral trade increased by 38.6 per cent, reaching over 2.2 billion USD.
He also said his country was eyeing more security collaboration with Nigeria, saying: “With 40 years of experience in military and security affairs, I am committed to enhancing our security collaboration, in particular, maritime security in the Gulf of Guinea is critical for both Nigeria and transit countries like the Republic of Korea.”
“We are committed to increasing Korea’s support for capacity building in the Nigerian military and security sectors. Additionally, we hope to finalise the defense industry cooperation’s MOUs that have been under discussions for some time.
The ambassador, while noting that his country had made several contributions to Nigeria in the past year, said such contributions demonstrate the mutual trust and friendship between Korea and Nigeria.
He assured that: “As ambassador, I will continue working to facilitate our long-standing partnership for the years ahead.”
Nigeria-Korea Trade Hits $2.2bn in 2024 – Amb. Pankyu
National News
AU Condemns Attempt to Create Parallel Government in Sudan

AU Condemns Attempt to Create Parallel Government in Sudan
By: Michael Mike
The African Union (AU) has condemned the proposed plan of the Sudanese militant group, Rapid Support Forces (RSF) to form a parallel government in war torn Sudan.
AU in a statement asked RSF and its affiliated political and social forces against the establishment of a parallel government in the Republic of Sudan, and warned
that such action carries a huge risk of partitioning of the country.
The Council called on all AU Member States and the international community not to recognize any parallel government or entity seeking to partition and govern any part of the territory of the Republic of Sudan or its institutions; and further called on all Member States and the international community to refrain from recognizing and/or providing support or assistance to any armed or political group toward the establishment of a parallel government or state entity in the Republic of Sudan.
The statement added that: “Council does not recognize the purported parallel government or entity in the Republic of
Sudan.
“Council reaffirmed its commitment to the preservation of the sovereignty, unity, and
territorial integrity of the Republic of Sudan, and the peaceful resolution of the current devastating conflict, which has created the world’s largest humanitarian crisis, causing the displacement of over 12 million Sudanese civilians.
“Council called on all parties to heed the calls for a ceasefire and unhindered humanitarian access during this holy month of Ramadan and to commit to comprehensive and inclusive peace talks
to end the conflict once and for all and restore the unity of the Sudanese state.
Council reaffirmed the AU unwavering commitment to continue to collaborate with all Sudanese stakeholders towards finding viable and durable solutions towards silencing the guns permanently in Sudan, based on the AU Roadmap for the Resolution of the Conflict in Sudan, which
was adopted by the PSC at the Heads of State and Government level on 27th May 2023; and urged the need to the resumption of the process of the restoration of constitutional democratic order, through
the AU/IGAD-convened Political Dialogue process with political and civil actors and the implementation of the Jeddah Declaration signed by both parties, the Sudanese Armed Forces (SAF)
and the RSF, on 11 May 2023; in this respect, Council underscored the imperative to continue to prioritize the six (6) pillars of the AU Roadmap particularly the call for a comprehensive and inclusive ceasefire, humanitarian access and a swift political resolution of the conflict.”
The AU expressed its support for the efforts of both the PSC Ad-hoc Presidential Committee and the High-Level Panel on Sudan to seek a consensual political solution to this crisis, which threatens
the sovereignty and integrity of the Republic of Sudan.
Responding to the statement by the AU,
Sudan’s Ministry of Foreign Affairs
Office of the Spokesperson and Media Directorate said the statement was received with keen appreciation.
It said it “welcomed the press statement issued by the African Union Peace and Security Council (PSC) following its meeting
today. The statement included a clear and unequivocal condemnation of the announcement made by the RSF militia and its affiliates regarding the establishment of a parallel government and expressed grave concern about this move, warning of the huge risks it poses to the unity of Sudan and the potential for its partitioning.”
The PSC confirmed that it does not recognize the purported parallel government, reiterating its
commitment to preserving Sudan’s sovereignty, unity, and territorial integrity.
This strong position reflects the full commitment to the principles upon which Pan-Africanism has been founded, as expressed in the Constitutive Act of the African Union, and previously in
the Charter of the Organisation of African Unity, the Charter of the United Nations, and all the rules upon which the contemporary international system is based. The most important of these
principles are the preservation of state sovereignty, unity, and territorial integrity, and the rejection of interference in the internal affairs of states.
It added that: “This principled and decisive position from the continental mother organisation underscores the
international community’s total rejection of the conspiracy of the genocidal RSF militia and its regional sponsor, along with those who follow its directives in the region, against the unity and sovereignty of Sudan.
“This has been expressed in the statements of the United Nations Secretary-General, the United Nations Security Council, the Arab League, the International
Conference on the Great Lakes Region, the EU, and the brotherly countries and influential members of the international community.
“Sudan renews its appreciation for these clear positions that are consistent with international law, which constitute strong support to the Sudanese people and their national institutions in defending their sovereignty, unity, dignity, and independence.”
In his words, the media officer of Sudan Embassy in Nigeria, Almoiz Mohamed said the statement from AU emphasized Sudan’s sovereignty and rejected any separatist attempts that threaten its unity. It called for a firm response to these moves and the isolation of any arrangements that would undermine the country’s sovereignty and integrity.
He said: “We appreciate this responsible stance and commend the courage of member states in taking this decision, which strengthens the unity and partnership of African countries, in line with the common charters and principles upon which the African Union is based.”
AU Condemns Attempt to Create Parallel Government in Sudan
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