Connect with us

News

Nigeria, Germany Launch Carbon Offsetting Rice Emissions Project to Tackle Climate Change and Boost Food Security

Published

on

Nigeria, Germany Launch Carbon Offsetting Rice Emissions Project to Tackle Climate Change and Boost Food Security

By: Michael Mike

Nigeria has officially launched the Carbon Offsetting Rice Emissions (CORE) Project, a groundbreaking initiative aimed at reducing greenhouse gas emissions from rice production while boosting yields and strengthening food security.

The project is the result of a long-standing agricultural cooperation between Nigeria and Germany, supported by the German Federal Ministry for Economic Cooperation and Development (BMZ), implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), and in partnership with Olam Agri Nigeria Ltd.

The high-profile launch, held at the Nigerian Army Conference Centre in Abuja, brought together key stakeholders including the Minister of Agriculture and Food Security, Senator Abubakar Kyari; the Minister of Environment, Balarabe Abbas Lawal; the Deputy Head of Mission of the German Embassy, Johannes Lehne; representatives of Olam Agri Nigeria; development partners; and senior government officials.

Speaking at the event, Minister of Agriculture and Food Security, Abubakar Kyari, described agriculture as a pillar of Nigeria’s economy and a lifeline for millions of families. He stressed that the CORE project comes at a critical moment as climate change continues to threaten food production systems.

“This initiative will empower smallholder farmers in Kano, Benue, and Nasarawa with scalable, climate-smart farming practices. By reducing methane emissions from rice paddies, we are not only safeguarding livelihoods but also contributing to Nigeria’s climate goals,” he said.

Kyari noted that the project demonstrates how agricultural carbon offsetting can be credible, transparent, and inclusive, laying the foundation for a sustainable carbon market in Nigeria.

Representing the German government, Deputy Head of Mission at the German Embassy, Johannes Lehne reaffirmed Germany’s commitment to Nigeria’s agricultural transformation.

He highlighted that Germany contributed €9.94 billion to climate finance globally in 2023, leveraging both public and private investments.

Germany’s agricultural portfolio in Nigeria and ECOWAS, worth €117 million and co-financed by partners including the Gates Foundation and the European Union, focuses on food security, nutrition, job creation, and climate-smart farming practices.

“CORE is a practical step towards reducing methane emissions while boosting rice yields. Germany is proud to support Nigeria, not only financially but also in shaping the enabling policies that will make agricultural carbon markets thrive,” Lehne said.

Delivering a special address on behalf of President Bola Ahmed Tinubu, the Senior Special Assistant to the President on Climate Technology and Operations underscored the urgency of tackling climate change in Nigeria.

He reminded participants that agriculture contributes nearly 25% of Nigeria’s GDP but also accounts for 33% of greenhouse gas emissions, with rice farming being one of the largest contributors due to methane from flooded paddies.

He emphasized Nigeria’s pledge to achieve Net Zero by 2060 under the Paris Agreement, guided by the Climate Change Act (2021), the Energy Transition Plan, and the National Adaptation Plan.

“Nigeria loses over $100 million annually to climate-related flooding. The CORE project is proof that climate solutions can also be prosperity solutions. A farmer in Nasarawa told us, ‘For the first time, my rice field used less water and gave me more harvest.’ This is the future we must scale up across the country,” he said.

Speakers at the event stressed the importance of partnerships between government, the private sector, and local communities in sustaining the project. Olam Agri Nigeria, a key partner in implementation, is expected to provide technical expertise and market support to smallholder farmers.

Nigeria, Germany Launch Carbon Offsetting Rice Emissions Project to Tackle Climate Change and Boost Food Security

Continue Reading
Click to comment

Leave a Reply

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

News

Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions

Published

on

Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions

By: Michael Mike

The Nigeria Movement of Solidarity with Cuba (NMSC) has expressed deep condolences to the government and people of Cuba following the killing of 32 Cuban internationalists in Venezuela.

In a press statement issued in Abuja on Saturday, the pro-people coalition, which includes labour unions, civil society organisations and intellectuals, alleged that the Cuban nationals were killed during an attack in Caracas on January 3, 2026, while protecting Venezuelan President Nicolás Maduro, his wife, Cilia Flores, and what it described as the sovereignty of Venezuela.

The group said the Cubans chose to resist despite being overwhelmed, describing their actions as a demonstration of courage, honour and commitment to international solidarity.

NMSC drew parallels between the incident and past historical events where Cuban nationals were involved in overseas struggles, including the 1983 U.S.-led invasion of Grenada and Cuba’s military support for African liberation movements in Angola, Namibia and South Africa during the fight against apartheid.

According to the organisation, thousands of Cuban youths lost their lives in Africa while contributing to the dismantling of apartheid systems backed by Western powers. The group noted that Cuba’s internationalism has not been limited to armed conflicts, citing the country’s long-standing medical outreach to developing nations, including Nigeria.

The statement also recalled Cuba’s response during the COVID-19 pandemic, when it dispatched medical teams to dozens of countries and received hundreds of stranded cruise ship passengers at a time many nations had closed their borders.

NMSC extended its sympathy to the families of those killed in Venezuela and called on the United States government to respect international law, halt what it described as foreign military interventions, and lift sanctions imposed on Cuba, Venezuela and other countries.

The group further aligned itself with repeated resolutions of the United Nations General Assembly calling for the end to the decades-long U.S. embargo against Cuba, insisting that global peace and development require cooperation rather than conflict.

The statement was signed by veteran labour activist and writer, Owei Lakemfa, on behalf of the Nigeria Movement of Solidarity with Cuba

Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions

Continue Reading

News

NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers

Published

on

NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers

The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of Nigeria (ASHON) have congratulated the Board, Management, and staff of Nigerian Exchange Group Plc and Nigerian Exchange Limited on the historic achievement of the Nigerian capital market crossing the N100 trillion market capitalisation mark.

The commendation was issued via a press statement on Friday, jointly signed by Mr Samuel Sehinde Adenagbe, Chairman, Association of Securities Dealing Houses of Nigeria and Mr Oluropo Dada, the 13th President/Chairman of Council Chartered Institute of Stockbrokers.

They described the NGX’s achievement as a remarkable milestone and a major affirmation of the resilience, depth, and growing sophistication of Nigeria’s capital market, and a clear signal of renewed investor confidence in the Nigerian economy.

“Crossing the N100 trillion threshold is not only a symbolic landmark; it reflects the capacity of Nigeria’s capital market to mobilise long-term funds for infrastructure, enterprise development, and economic transformation.

“It underscores the vital role of the market in financing growth, creating wealth for investors, and supporting national development objectives,” the said.

According to them, the achievement will not have been possible without the visionary leadership and strategic direction of the NGX Board, as well as the professionalism and dedication of its Management and staff, led by versatile stockbrokers: Dr. Umaru Kwairanga; Mr. Temi Popoola; and Mr. Jude Chiemeka and Mr. Femi Sobanjo.

“We also commend the unwavering commitment and versatility of dealing member firms and stockbrokers who continue to serve as the backbone of the market, ensuring liquidity, transparency, and investor protection.

“Their collective efforts have strengthened market integrity, broadened participation, and improved the overall efficiency of the Exchange.”

The CIS and ASHON also commend the Federal Government of Nigeria for providing a supportive macroeconomic and regulatory environment that has encouraged domestic and foreign investment, promoted market reforms, and enhanced the attractiveness of Nigerian assets.

They stated that policy stability, ongoing reforms, and a clear commitment to private sector-led growth have played a crucial role in creating the conditions for this historic market expansion.

They further commended SEC for providing sound regulations and market development.
They stated that the CIS and ASHON would continue to advocate ethical governance in the capital market with all stakeholder playing by the rules of the game.

They further restated their commitment to sustaining the momentum through robust regulation provided by Securities and Exchange Commission, market innovation, and strong investor protection frameworks.

“We look forward to working closely with all stakeholders to further deepen the market, broaden product offerings, and ensure that the Nigerian capital market continues to serve as a strong engine for inclusive and sustainable economic growth.”

NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers

Continue Reading

News

Troops neutralise bandit, recover arms in Plateau raid

Published

on

Troops neutralise bandit, recover arms in Plateau raid

By: Zagazola Makama

Troops of 3 Division of the Nigerian Army, under the Joint Task Force Operation Enduring Peace (JTF OPEP), have neutralised a notorious bandit and recovered arms and ammunition during a raid on a hideout in Plateau State.

Sources told Zagazola Makama that the operation was conducted on Jan. 8 at Yolan Gboka–Yama Da Lahdi, following sustained efforts to track and arrest perpetrators of the Dec. 16, 2025 attack on illegal miners at Tosho community in Fann District, Barkin Ladi Local Government Area.

According to the sources, troops made contact with the bandits during the raid and engaged them in a firefight.

“One of the bandits was neutralised during the exchange of fire and was later identified as Sadiq Isah, while others fled the area,” the sources said.

The sources added that troops subsequently exploited the hideout and recovered two AK-47 rifles and 162 rounds of 7.62mm (special) ammunition.

The recovered arms and ammunition are currently in military custody, while troops have commenced follow-up operations to intercept the fleeing suspects and prevent further criminal activities in the area.

Zagazola reports that Operation Enduring Peace is a joint security initiative aimed at restoring peace and stability across Plateau and neighbouring states.

Troops neutralise bandit, recover arms in Plateau raid

Continue Reading

Trending

Verified by MonsterInsights