Development

Development

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    Past eight years warmest on record, UN report warns

    The past eight years are on track to be the hottest ever recorded, a United Nations report finds, as UN Chief, Antonio Guterres warns that the planet is sending “a distress signal”. The UN’s weather and climate body released its annual state of the global climate report on Sunday with yet another warning that the target to limit temperature increases…

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    South Africa gets $497m from World Bank for clean energy sourcing

    South Africa, one of the world’s largest greenhouse-gas emitters, has been granted financing of $497m to decommission one of its largest coal-fired power plants and convert it to renewable energy, the World Bank said. In a statement overnight on Thursday, the bank said the newly closed Komati power station about 170 kilometres (105 miles) northeast of Johannesburg will be repurposed…

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    KEIZAI DOYUKAI, African Development Bank Group sign letter of intent to strengthen cooperation and business ties between Japan and Africa

    KEIZAI DOYUKAI, or the Japan Association of Corporate Executives has signed a statement of intent with the African Development Bank Group to foster closer collaboration and strengthen business ties between Japan and Africa. The signing took place on the sidelines of the Africa Investment Forum Market Days 2022, taking place in Abidjan, Côte d’Ivoire. The DOYUKAI, a private, nonprofit, nonpartisan…

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    Federal Government explains interventions in nutrition, food systems

    Beyond physical safety, securing the livelihoods of Nigerians was a guiding principle of the Buhari administration’s policy and interventions in nutrition and food related issues, according to Vice President Yemi Osinbajo. Prof. Osinbajo stated this Thursday when he was honoured with the Award of ‘National Nutrition Vanguard’ by the Nutrition Society of Nigeria (NSN) in a brief ceremony held at…

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    ‘Don’t travel to Uganda for now,’ NCDC issues travel advisory over Ebola outbreak

    Nigeria Centre for Disease Control (NCDC) on Monday cautioned Nigerians and other residents against embarking on non-essential travel to Uganda for now. The NCDC Director-General, Dr Ifedayo Adetifa, issued the caution in a statement in Abuja. He stated that the warning is to enable public health authorities to determine how Ebola outbreak will be contained. The News Agency of Nigeria…

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    Osinbajo, ex-Colombian leader, AFDB lead jobs creation effort with launch of billion dollars carbon market in Africa

    The Federal Government is now pioneering a voluntary billion dollars’ worth Carbon Market on the continent, a new and innovative Climate Change solution which will create, over the period of energy transition, millions of new jobs in Nigeria alone, according to estimates of the international experts. This is part of efforts of the Federal Government to attain the global net-zero…

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    Utilise ecological funds to handle flooding, BMO admonishes states, LGAs

    The Buhari Media Organisation (BMO) has admonished States and local governments in the country to rise to the challenges of flooding in the country by utilising their shares of the ecological funds in a responsible manner. The group noted that the ecological fund, as an emergency intervention fund for such a disaster like flooding, is shared among the three tiers…

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    AfDB, IsDB, IFAD partner FG to boost economy with special agro-industrial zone

    *Kano, Imo, Kaduna, Cross River, Kwara, Oyo, Ogun & FCT benefit in first phase *VP receives Islamic Development Bank President at Presidential Villa With the launch of the Special Agro-industrial Processing Zone (SAPZ) programme, Nigeria can, in less than a decade, banish food insecurity, while radically improving export earnings from agriculture, creating millions of lucrative agro-industrial jobs and opportunities for…

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    At Maltina Award, Osinbajo praises teachers

    Vice President Yemi Osinbajo, SAN, has again noted the important role teachers play in the life of students, communities and nations while narrating how he drew significant inspiration from those who taught him right from elementary classes and up to the university where he too eventually decided to teach. Prof. Osinbajo spoke on Friday evening at the 2022 Maltina Teacher-of-the-Year…

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    Buhari inaugurates, sets agenda for national council on climate change

    President Muhammadu Buhari on Wednesday in Abuja charged the National Council on Climate Change to formulate appropriate policies toward achieving green growth and sustainable economic development for Nigeria.Inaugurating the Council before the commencement of the Federal Executive Council meeting, the President said it marked the commencement of the implementation of the Climate Change Act 2021 and a new chapter in…

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