Environment
Climate Change to Cost Nigeria $460bn by 2050 – Expert
Prof. Chuwumerije Okereke, Director, Centre for Climate Change and Development at the Alex Ekwueme Federal University, Ebonyi State, says climate change will cost Nigeria $460 billion by 2050, if action is not taken to mitigate its effects.
Okereke made the disclosure in an interview with the reporters 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 that 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 achieved 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. (NAN)
Environment
Prolonged Public Holidays Come with Negative Economic Effects on Citizens – Anambra Residents
Anambra residents have slammed the additional day approved by the Federal Government for the Muslim faithful to celebrate the 2024 Eid-Ei-Fitr, saying this will have negative effects on the economy.
The Federal government had early declared April 9 and 10 as Muslim-Ummah for the successful completion of a month’s spiritual rejuvenation.
Reports says that residents of Anambra capital city believe that the additional day which they did not plan for will result in economic hardship to the citizenry.
Most respondents believe that people had planned to resume their economic activities instead of wasting their time staying at home doing nothing..
Former Chairman, Awka Chamber of Commerce, Chief Felly Akosa, described the additional day to the two days approved earlier as “unfair to the economy of the country as people were unprepared for the additional day.
Akosa said that although it is right for the Muslim faithful to celebrate their holiday after a month-long fasting, the process needs to be carefully planned for in place of the additional rest day which could inhibit business activities.
Chief Damian Okeke-Ogene, National Vice President of Igbo Apex Social Cultural body, Ohanaeze Ndigbo, said the policy would cause huge economic waste as businesses are put on hold,
He advised that, in future, a proper and well planned programme needs to be in place before declaring a public holiday for any celebration that will be national.
“Our economy and other sectors are not very healthy,” and it would, therefore be appropriate to plan well to avoid declarations that will hamper the citizens’ welfare.
Mazi Christian Beluchukwu, a business man in Awka, described the extension of the Eid-El-Fitr public holiday to Thursday, April 11, as an added hardship for the citizenry.
Beluchukwu said that any public holiday for three days, April 9 to 11, to celebrate any feast in the country is an economic loss to the nation.
He said that it was best to stick to the two-day national public holidays as this gives room for the people to plan their activities very well.
He stated that his wife went to a public hospital on Tuesday and was unattended to because there was no doctor on seat to provide medical attention.
“She resorted to visiting a private hospital which cost extra money which the public hospital is expected to handle at a reasonable cost. (NAN)
The Jos Water Services Corporation (JWSC) has said that the World Bank fund received would be used to boost water supply to Bukuru and environs in Jos South Local Government Area.
Mr Apollos Samchi, the Managing Director of the corporation, said that N1.7 billion would be expended on the rehabilitation of water treatment plant, over head steel tank and laying of pipes to homes of consumers.
Samchi, who disclosed this on Friday in Jos, during a two-day capacity building workshop, said that the projects were expected to be completed in four months.
Reports says that the workshop organised for contractors has at its theme: “Implementation of Environmental and Social Management Plans for Projects in Jos South.
The MD said that the projects would ensure steady provision of potable water to residents in Gyel and Kurgiya in Jos South Local Government Area.
He said the treatment plant when rehabilitated would pump out 5,000 cubic litres of water daily.
The MD further stated that the reticulation exercise would cover residents who weren’t initially connected to public water supply in the area.
Samchi said that the essence of the workshop was to ensure that the contractors were trained to develop adequate measures and controls to minimise and mitigate potential environmental and social risks that could adversely affect the project implementation.
He called on all the contractors handling the projects to ensure that they adhered to the environmental and safety standards and deliver within the specified timeframe.
In his remarks, Mr Jonathan Malann, the Plateau Project Coordinator, Sustainable Urban, Rural Water Supply, Sanitation and Hygiene programme (SURWASH), also advised contractors to adhere to the environmental and safety standards as provided by the World Bank.
The Federal Government had received $700m financing from the World Bank to ensure that all its people have access to sustainable and safely managed WASH services.
The seven participating states are Plateau, Delta, Ekiti, Gombe, Imo, Katsina, and Kaduna.(NAN)
The Gombe State Executive Council (SEC) has approved payment of N389 million as compensation for residents that would be affected by the gully erosion control project at Federal College of Education (FCE) Technical and its surrounding communities.
The Commissioner for Finance, Gombe State, Malam Mohammed Magaji, stated this at the end of the SEC meeting on Friday in Gombe.
Magaji said the payment, which would commence immediately, would be for individuals and organisations along the gully erosion site.
He said almost 1000 persons were expected to benefit from the gesture.
According to him, the compensation is part of the requirements of the World Bank, which specifies that such payments be made to property owners.
Magaji said the payment would also be made to ensure seamless resettlement of affected persons.
“The beneficiaries are in hundreds, almost a 1,000 people; there is compensation for houses, and also for business premises.
“There is also stipends for the elderly living around that area so that they are able to have good livelihood,” he said.
The commissioner for Education, Hajiya Aishatu Maigari, also said the SEC approved upgrade of the five mega senior secondary schools in the state to sustain improvement in the education sector.
Maigari said the upgrade would be carried out based on the needs of each of the schools.
She stated that infrastructure in some of the schools were already being upgraded to global standards.
“We have seen construction of toilets, installation of solar-powered light, construction of roads, school clinics, boreholes and many more,” she said.
The News Agency of Nigeria (NAN) reports that the state government had on Nov. 23 signed a N12 billion contract with Triacta Nigeria Ltd. for a 21-kilometre gully erosion control work in six communities within Gombe metropolis.
The project is under ACRESAL project, a World Bank-assisted project to address the challenges of land degradation and climate change in northern Nigeria. (NAN)
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