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Green Tax Suspension May Hinder Progress Towards Net Zero Achievement, Expert Warns.

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The Executive Director of International Climate Change Development Institute(ICCDI), Olumide Idowu, has said that the suspension of green tax on Single Use Plastic by the federal government  may hinder progress towards achieving net zero in Nigeria.

Idowu disclosed this in a statement on Monday in Lagos.

He said that the suspension of the tax meant that there would not be an additional charge or tax on activities that harm the environment.

According to him, this can be a problem because the green tax is meant to discourage polluting activities and encourage environmentally friendly practices.

“Achieving net zero means that the country’s Green House Gas (GHG) emissions are balanced out by removing an equivalent amount of greenhouse gases from the atmosphere.

“It is an important goal in fighting climate change.

“However, without the green tax, there may be less incentive for industries and individuals to reduce their carbon footprint and adopt cleaner technologies,” Idowu said.

The executive director said that green tax helps to fund renewable energy projects, environmental conservation efforts, and other initiatives that promote sustainability.

He added that with its suspension, it reduces the financial resources available for such projects.

Idowu urged the government to consider the long-term effects and the impact on the environment when making decisions about policies like the green tax.

He urged the government to find alternative ways to encourage and support sustainable practices that could help Nigeria move closer to achieving its net zero goals.

The former President Muhammadu Buhari in a circular dated April 20, approved a 10 per cent tax on Single Use Plastic (SUP) few weeks before leaving office on May 29.

However, barely few weeks into President Bola Tinubu’s administration, he ordered the suspension of the newly introduced 10 per cent tax on SUPs in a move targeted at reducing the cost of business in Nigeria.

The suspension of the tax has generated a lot of reactions from environmentalists and climate change experts across the country.

While some believe the decision would promote the ease of doing business in the country, others believe the suspension would hinder progress at curbing the menace of plastic

Environment

Prolonged Public Holidays Come with Negative Economic Effects on Citizens – Anambra Residents

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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)

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Environment

World Bank Fund: Corporation Rehabilitates Treatment Plant, Reticulation in Jos South

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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)

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Environment

Erosion Control Project: Gombe SEC Approves N389m Compensation for Residents

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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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