Nation
Climate Change To Cost Nigeria $460bn By 2050-Expert
The Director, Centre for Climate Change and Development at the Alex Ekwueme Federal University, Ebonyi State, Prof. Chukwumerije Okereke, has said that climate change would cost Nigeria about $460 billion by 2050 if action was not taken to mitigate its effects.
Okereke disclosed this in an interview with newsmen on the sidelines of the ninth international Lagos Climate Change Summit in Lagos.
“Climate change is costing Nigeria already $100 billion per annum. And that this amount will rise to about $460 billion per annum by 2050.
“And this represents a huge amount of our Gross Domestic Product (GDP).
“From 2020 till now, climate change is already costing N15 trillion, representing two to 11 per cent of the GDP, by 2050 climate change will be costing N69 trillion, representing six to 30 per cent of the GDP,” Okereke said.
The expert, who is also a visiting professor to Oxford University, said climate change was already having untold effect on flooding and rising sea levels in the country.
According to Okereke, flooding is already affecting 25 million people in Nigeria.
“In Yenegoa, there are 302,782 people estimated to be exposed to high flood risk along the Niger-Benue basin in the Niger Delta area with 630km of land susceptible to flooding.
“In Lagos, 375,000 people are exposed to flooding; the number will increase to about 3.2 million people by 2050.
“The direct estimate of damage and loss is N1.48 trillion. The total damage and loss, including indirect ones due to flooding is about N2.6 trillion,” Okereke said.
He said that with the rise in sea level, an estimated 27 to 53 million people in the country might need to be relocated with a 0.5m increase in sea levels.
Okereke said that coastal settlements like Bonny, Forcados, Lagos, Port Harcourt, Warri and Calabar were at risk with vast amount of oil infrastructure.
He noted that the country had mapped out a lot of interesting policies to mitigate the effects of climate change.
Okereke listed the policies as long-term sustainability plan to achieve a net zero emission target by 2060 and determined contribution to aggressively embark on actions to mitigate the impact change.
“All these are very fascinating, interesting policies.
“However, the action on the ground does not come anywhere near what is needed to arrest the situation to address the impact of climate change and to also reduce emissions from economic wide activity.
“So, we have a situation where we have a lot of various policies, documents, but very limited action on the ground and this worries me because I have been shouting that climate change poses an existential threat to Nigeria,” Okereke said.
He urged the government to match action with the right policies to achieving the desired result.
“We need to inject a lot of finance and a lot of action to stem the problem of climate change,” Okereke said.
He noted that the impact of climate change on our agricultural system was extremely high.
Okereke said that many Nigerians engage in one kind of agricultural activity or the other and agriculture constitutes about 26 per cent of the nation’s GDP.
“With climate change, you will have drought and it will affect different crops and impose even stronger, negative implications on food security system in the country.
“I have also argued that the depletion of the groundwater around the country caused by climate change and movement of people from the north to the south thereby fuelling insecurity.
“So, you have desertification in the north, flooding in the West, you have erosion in the east and deforestation in the south.
“And all of these things are threatening the existence and the wellbeing of millions of Nigerians,” Okereke said.
The Senate yesterday approved the bills for the establishment of Federal University of Medical and Health Sciences and College of Education, Bende at its plenary session.
The two bills sponsored by the Deputy Speaker of the House of Representatives, Hon . Benjamin Kalu came to the Senate for concurrence after the approvals from the House of Representatives.
The Deputy Leader of the Senate, Sen. Lola Ashiru in the absence of the Majority Leader presented the recommendations of the Lower Chamber for consideration and Concurrence .
The Bill for an Act to establish Federal College of Education, Bende in Abia State seeks to provide full-time courses, training in technology, applied sciences, commerce, social sciences, arts and humanities among others.
Kalu had in his lead debate stated that Bende has remained undivided since its creation in 1976, even though with the size of four local government areas as found in comparative federal constituencies.
“Despite its strategic location in Abia and sharing a border with Akwa Ibom, with a growing population and landmass, there is no tertiary institution in the Federal Constituency operated either by Federal or State Government. Bende deserves to have the presence of a tertiary institution to serve the education need of the teeming youthful population, especially now that the need for well-trained educationists has risen. This is accompanied by the need to fill the gaps created by both the consequences of brain drain and the lack of qualified educationists to provide quality training at all levels of education,” he said.
For the bill seeking the establishment of Federal University of Medical and Health Sciences, Bende, Abia State, he said when it becomes law, the university will be charged with the responsibility to, among other things, offer full-time training leading to the award of degrees in medical and health sciences.
Nneka Amaechi-Nnadi
South East Caucus of the Senate has appealed to President Bola Ahmed Tinubu to immorttalise late Professor Humphrey Nwosu considering his commitment to achieving a practical democracy for Nigerian.
The Senators visibly angered by the Senate’s rejection of the need to immortalise the late National Electoral umpire who stood for democracy through the turbulent 1993 elections stormed out of the Senate Chambers and spoke to the press .
The Chairman of the South East Caucus, Senator Enyinnaya Abaribe ( Abia South), as he did in plenary on Wednesday, presented a motion for immortalisation of Humphrey Nwosu by naming the national headquarters of the Independent National Electoral Commission ( INEC) , after him , for laying the foundation in 1993 and conducting the freest and fairest Presidential election in the country .
The late Professor Nwosu was the National Chairman of the National Electoral Commission ( NEC) , now known as Independent National Electoral Commission ( INEC) , who through option A4, conducted the June 12, 19993 presidential election , adjudged to be the freest and fairest in the country.
Abaribe in the motion co – sponsored by 15 other Senators , said late Humphrey Nwosu deserved to be immortalised like other heroes of the June 12 , 1993 presidential election .
He also urged the Federal Government to honour the late former electoral umpire with post humous national honours .
But Abaribe’s request , seconded by Senator Victor Umeh (Anambra Central) and supported by Senators from the South East including forner Senate Leader, Yahaya Abdullahi ( Kebbi North) , was roundly rejected by other Senators who said the deceased deserved no immortalization .
Specifically , Senator Adams Oshiomhole ( Edo North) , in his contribution to the debate said the motion to him, was nothing but an attempt to manipulate and rewrite history.
“ Professor Humphrey Nwosu as NEC Chairman in 1993, failed to deliver on the June 12 , 1993 Presidential Election for lack of Courage
“ He who is not ready to die for something , will die for nothing
“ If he was afraid of the gun from announcing the election results and winner in 1993 , he cannot be rewarded now , more so, when many Nigerians died for what he inadvertently created “, he said .
Nneka Amaechi -Nnadi
The Chief of Defence Staff (CDS), Gen. Christopher Musa, says the Nigerian Military is committed to facilitating sustainable food security in the country through the establishment of farms.
Musa said this in Abuja yesterday during the unveiling of the Defence Farm and Agro-Allied Products Logo.
He noted that the agricultural sector played crucial role in guaranteeing food security which was requisite for sustainable national security.
He said that the adverse impact of climate change, environmental degradation and conflict across some parts of the country had continuously threatened food security with dire consequences on national security.
According to him, to address this, the Defence Headquarters in May 2023, conceptualised the Defence Farm and Agro-Allied Products initiative.
“This is with the aim of keying into the federal government’s efforts at addressing food security challenges in the country.
“The initiative which aligns with the ‘People Centric’ policy thrust of my leadership concept is aimed at creating job opportunities and enhancing rural infrastructural development while significantly contributing to food security in the Country.
“Considering the extensive consultation, planning and preparation made by the committee thus far, I am optimistic that the Defence Farm and Agro-Allied Products initiative will have a positive transformative impact on host communities while enhancing national security.
“With similar initiatives replicated across the country, I envision a future characterised by modernised farming techniques in which the agricultural sector significantly contributes to economic growth and national development.”
The CDS enjoined all members of the Armed Forces and the general public to embrace the initiative and maximise its associated gains.
He expressed gratitude to President Bola Tinubu, for his sterling leadership and relentless pursuit of national peace, security and economic prosperity.
He also appreciated the efforts of members of the committee who worked assiduously to actualise the initiative.
Earlier, the Chairman, Defence Farms Committee,