Connect with us

National News

Nigeria asks Developed Countries to Honour Pledge of $100 billion on Climate Support

Published

on

Nigeria asks Developed Countries to Honour Pledge of $100 billion on Climate Support

Nigeria asks Developed Countries to Honour Pledge of $100 billion on Climate Support

Nigeria has asked developed countries to honour the pledge of $100 billion annually to support climate action in developing countries.

Addressing a press conference on Wednesday in Abuja on the position Nigeria would be presenting at the 2021 United Nations Climate Change Conference (COP 26) holding in Glasgow between 31 October-12 November 2021, co-hosted by United Kingdom and Italy, the Minister of State for Environment, Chief Sharon Ikeazor said: “We require the developed countries to honour the word given made back in 2009 of mobilizing $100 billion per year by 2020 to support climate action in developing countries.”

Ikeazor while lamenting that developing countries especially those on the Africa continent bear the brunt of carbon dioxide (CO2) emission, noted that: “Recent announcements, including President Joe Biden’s pledge to double US climate finance, have brought developed countries closer to honoring the pledge.”

She however said more needed to be done to restore credibility and strengthen trust between developing and developed nations.

Ikeazor noted that “considering that Africa is at the receiving end of climate change impacts, our focus will be to strengthen our ability to adapt to climate change impacts. 

“Also, another important element for discussion at COP26, is the question of how to deal with economic and non-economic harms caused by climate change impacts which cannot be avoided through adaptation or mitigation, known as ‘loss and damage’. As we look towards the firming up of increased finance for adaptation, we also look forward for progress in the operationalization of the Paris Agreement’s ‘Global Goal on Adaptation’.

She disclosed that: “The Prime Minister of the United Kingdom of Britain and Northern Ireland, His Excellency Boris Johnson has invited Heads of States and Government to participate in the World Leaders Summit (WSL) and High Level segment scheduled for Monday 1st and Tuesday 2nd November 2021, during which the World leaders will have the opportunity to make national statements. 

“HE President Muhammadu Buhari will be attending the WLS and will read Nigeria’s Statement at the event. Mr President is to attend alongside a high-powered delegation consisting of some State Governors, Ministers and other select government functionaries.”

She noted that: “Climate change will transform the way we live, causing water shortages and making it harder to produce food. Some regions could become dangerously hot and others uninhabitable because of rising sea levels. Extreme weather events – like heatwaves, downpours and storms – will become more frequent and intense, threatening lives and livelihoods. People in poorer countries, which are least able to adapt, will suffer most. The past decade was the warmest on record, and governments agree urgent collective action is needed.”

Also Read: Nigeria: 52 Ak47 rifles, 119 Pump Actions Intercepted …

The Minister said Nigeria has on hand negotiators who would assist the country in getting good deals.

She said: “The UNFCCC negotiations provide a forum through which all parties openly communicate their interest and challenges on climate change issues and then reach consensuses on how to move forward. A country party delegation consisting of one or more officials empowered to represent and negotiate on behalf of their government.

“Based on the tradition of the United Nations, Parties are organized into five regional groups, mainly for the purposes of electing the Bureau, namely: 

African States, Asian States, Eastern European States, Latin American and the Caribbean States, and the Western European and Other States (Australia, Canada, Iceland, New Zealand, Norway, Switzerland and the United States of America). Developing country Parties generally work through the Group of 77 to establish common negotiating positions through the African Group of Negotiators (African Group) which Nigeria belongs to.”

Nigeria asks Developed Countries to Honour Pledge of $100 billion on Climate Support

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

National News

President Tinubu Commends Zulum over dividends of Democracy even as he commissions new projects in Borno

Published

on

President Tinubu Commends Zulum over dividends of Democracy even as he commissions new projects in Borno

By: Bodunrin kayode

President Bola Tinubu on Saturday commended Prof Umara Zulum for doing a good job even as he delivers series of new project for his people.

The President who made the remarks during the commissioning ceremony of several projects performed separately, commended Governor Zulum for his transformative leadership which is really touching the lives of the people.

“I congratulate the Governor and the people of Borno State for this transformation. Government is all about people, and Professor Zulum is doing a very good job of caring for people.” Said Tinubu.

Tinubu had Commissioned three newly constructed mega schools and a fleet of 620 fully electric vehicles and tricycles delivered by the Governor of Borno State, Professor Babagana Zulum.

The President highlighted the projects as tangible evidence of effective governance and a blueprint for holistic state development needed in times like these.

The commissioned schools include: Mafoni Day Secondary School, Bola Ahmed Tinubu Government Day Secondary School and Mafoni Primary School.

They are part of Governor Zulum’s ambitious 104 Mega School Initiative designed to drastically improve access to quality education and rebuild the sector after over a decade of insurgency.

Each of the school complexes is equipped with modern classrooms, laboratories, libraries, sports facilities and an administrative complex to create a conducive learning environment.

Earlier, the President had also commissioned the international terminal of the Muhammadu Buhari International Airport, Maiduguri, in preparation for the commencement of international operations.

Responding to the President’s gesture Zulum expressed gratitude for the federal government’s support and reiterated his administration’s commitment to rebuilding Borno’s infrastructure, economy and human capital.

President Tinubu concluded his state visit by attending the wedding ceremony of the son of the former Borno State Governor Senator Modu Sheriff’s, conducted at the Maiduguri Central Mosque in front of the Palace of the Shehu of Borno state.

The event was attended by state government officials, traditional rulers community leaders and a group of federal officials in the Presidential convoy.

President Tinubu Commends Zulum over dividends of Democracy even as he commissions new projects in Borno

Continue Reading

National News

Tinubu’s Procurement Reforms, a Turning Point for National Economic Growth – NEFGAD

Published

on

Tinubu’s Procurement Reforms, a Turning Point for National Economic Growth – NEFGAD

By: Michael Mike

The Network for the Actualization of Social Growth and Viable Development (NEFGAD), a frontline public procurement advocacy group, has commended President Bola Tinubu for the bold, visionary, and far-reaching reforms outlined in his presentation of the 2026 Appropriation Bill to the National Assembly.

NEFGAD particularly commended President Tinubu’s remarks on public procurement at the presentation of the budget, stating that the President’s statement underscores the administration’s unwavering commitment to transparency, efficiency, and prudent management of public resources.

In a statement signed by the organisation’s acting head of office, Barrister Unekwu Ojo, and made available to journalists on Saturday, NEFGAD lauded the President’s disclosure that the Federal Government commenced a comprehensive procurement reform framework from November last year, describing it as a decisive shift toward strengthening due process, reducing waste, and enforcing accountability across Ministries, Departments, and Agencies (MDAs).

The statement noted that the reforms have demonstrably shortened procurement processing timelines, enhanced compliance, and strengthened sanctions against erring contractors and public officials, setting a new benchmark for governance and fiscal prudence.

The group said that November 2024, the period referenced by Mr. President, coincides with the assumption of office of the Director-General of the Bureau of Public Procurement (BPP), Dr. Adebowale Adedokun, and established beyond doubt, that the procurement reforms acknowledged by Mr. President are being driven and implemented under the leadership of Dr. Adedokun, in alignment with the policy direction of the Tinubu administration.

Of particular significance is the President’s emphasis on the Nigeria First Policy, which mandates MDAs to prioritize Nigerian-made goods and local companies in public procurement, NEFGAD described this policy as a strategic intervention aimed at deepening local content, stimulating domestic industries, creating jobs, encouraging innovation, and reducing Nigeria’s over-reliance on imports, and emphasised that procurement is no longer a mere administrative process but a powerful instrument for national economic development and industrial growth.

Ojo further commended the remarkable achievement of the Bureau of Public Procurement under Dr. Adebowale Adedokun, which has recorded over ₦1 trillion in savings within just one year through enhanced price intelligence and benchmarking mechanisms.

She insisted that: “This figure is larger than the cumulative savings recorded by the BPP in 17 years from 2007 to 2024 before Dr. Adedokun’s assumption of office, marking the most significant cost-saving milestone in the history of the Bureau and perhaps in the entire continent by any government in a single budget cycle.”

NEFGAD observed that these gains are a clear demonstration that Nigeria’s procurement system is entering a new era defined by efficiency, national interest, and sustainable economic growth. The organisation stressed that while the achievements are commendable, sustained reforms must be safeguarded through strict adherence to due process, impartial enforcement, and continuous transparency.

The group called on all stakeholders, including MDAs, civil society organisations, and the media, to actively engage in monitoring the implementation of procurement reforms, ensuring that the Nigeria First Policy achieves its intended goals without being hijacked by vested interests or manipulated for political patronage.

NEFGAD also urged the government to institutionalise best practices, consolidate savings, and expand the culture of accountability, warning that the long-term success of the reforms hinges on consistent oversight, robust regulatory frameworks, and unwavering political will.

According to NEFGAD, the ongoing transformation of Nigeria’s procurement landscape is not only a victory for public finance management but also a template for good governance that other sectors can emulate. The organisation reiterated its commitment to supporting the government’s reform agenda through advocacy, capacity building, and independent monitoring, emphasizing that procurement must continue to serve as a strategic driver of economic development, job creation, and national prosperity.

Tinubu’s Procurement Reforms, a Turning Point for National Economic Growth – NEFGAD

Continue Reading

National News

China-Nigeria Trade Volume Surpasses $22b- Envoy

Published

on

China-Nigeria Trade Volume Surpasses $22b- Envoy
…10,000 Nigerians Have Enjoyed Training Programmes in China So Far

By: Michael Mike

China-Nigeria trade volume has surpassed $22 billion, China Ambassador to Nigeria, Yu Dunhai has said.

Speaking at the 1st Annual China-Nigeria Government Exchange Program Alumni Reunion Gala, in Abuja, Yu also disclosed that over 10,000 Nigerians have benefited from opportunities for the exchange provided by China.

Yu while noting that 2025 trade volume has surpassed that of the previous year, said that China’s direct investment to Nigeria increased by 130%, while Nigeria’s export increased by over 200%.

He said: “ I think this bilateral relations not only has a political meaning, but it’s actually more about people-to-people relations. And I’m very happy to let all of you know that our trade volumes, this year, already surpassed 22 billion U.S. dollars.

“That’s already surpassed the total amount of last year. And China’s direct investment to Nigeria increased by 130%. And another good news is Nigeria’s export increased by over 200%.”

The envoy also said his country is working closely with Nigeria authorities to implement the zero tariff policy announced in June 2025, which is meant to expand Nigeria’s export to China while also enhancing Nigeria’s position on the international global trading system.

He said: “We are working very closely with the Ministry of Industry, Trade and Investment to implement the zero tariff policy, which the Chinese government announced last June. That is, China is going to provide zero tariff for 100% of products from all 53 African countries, including Nigeria, to China.

“And I believe that this is going to expand Nigeria’s export to China and contribute also to the enhancing of Nigeria’s position on the international global system, the trading system.”

He noted that China-Nigeria are working on other various projects which are aimed at providing mutual benefits, stating that he believed that Nigeria and China are natural partners, as both countries shared the same interest.

He therefore said both countries need to work together to enhance the current global governance, to address the active representation of African countries, and to better let our voices be heard globally.

Yu, while stating that: “China’s today is Nigeria’s tomorrow,” noted that China and Nigeria shared a lot of similarities.

On bringing the alumni together, Yu said: “is to provide a platform for our alumni who attended the Chinese Government Exchange Programme to stay connected, to exchange ideas, and thus contribute to China-Nigeria relations.

“Indeed, over the years, China has provided over 10,000 opportunities for the training programme for Nigerians.

He said the training opportunities aimed at building the capacities and sharing experience of governance, to poverty reduction, to manufacturing, agriculture, public health, trade, investment, science, technology, innovation, food economy, digital economy.

He added that: “And I believe that this not only helps to enhance the capabilities of the individuals, but also contributes to the economic and social development of Nigeria.”

Yu said the alumni of the exchange programme cut across Nigeria’s cities of Abuja, Lagos, Maiduguri and Ibadan, among others.

China-Nigeria Trade Volume Surpasses $22b- Envoy

Continue Reading

Trending

Verified by MonsterInsights