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UN Urges Nigeria To Adopt Strong Climate Plan For Economic Growth

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The United Nations Framework Convention on Climate Change Executive Secretary, Simon Stiell, has called for the implementation of a robust national climate plan to drive Nigeria’s economic growth.

During his four-day visit to Nigeria, Stiell engaged with senior government officials, civil society representatives, and business leaders to discuss how climate action could contribute to the country’s development.

This was contained in a statement issued by the UNFCCC on Thursday.

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Stiell, who spoke at a symposium hosted by Nigeria’s National Council on Climate Change Secretariat at the Lekki Conservation Centre in Lagos, stated that ambitious climate action could help secure not only environmental protection but also economic progress and improved living standards for Nigerians.

He underscored that bold climate action is essential to avoid the devastating effects of global warming while creating substantial human and economic benefits.

“A strong new national climate plan can be the gateway to a new Nigerian era of growth and prosperity, fueled by clean and affordable energy, available to all,” Stiell said.

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READ ALSO:Land Grabbing, Extractivism, And Climate Change [The Impacts On Communities]

He pointed out that investing in clean energy and sustainable agriculture would create jobs, attract foreign investments, and enhance Nigeria’s competitiveness on both regional and global scales.

The UN chief noted, “Clean energy can power up your population – providing clean access for countless millions.

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“Investing in green buildings, clean infrastructure, and domestic manufacturing can drive economic growth. Clean cooking can protect the health of families.”

With 90 percent of Nigeria’s workforce employed in micro, small, and medium-sized enterprises, Stiell explained that the ripple effects of green growth would be felt across all local communities.

He also referenced the global investment of USD $2trn in clean energy and infrastructure in 2024, stressing that countries that invest in their people and resources stand to benefit the most.

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Stiell noted that Nigeria has the opportunity to benefit from this global clean energy boom through investments in renewable energy, critical minerals, and domestic manufacturing.

READ ALSO: 2023 Hottest Year On Record – EU Climate Monitor

He also highlighted the potential for clean cooking solutions to improve public health and reduce pollution.

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The UN climate chief called for more international finance to support Nigeria’s climate ambitions, emphasizing that public and private funding must increase to help the country achieve its goals.

Stiell also drew attention to Nigeria’s vast mangrove forests, the largest in Africa and the third-largest globally. These ecosystems play a critical role in protecting communities from coastal erosion, storms, and rising sea levels, and their restoration could significantly enhance the country’s resilience to climate change.

Investing in nature-based solutions like mangrove restoration is not just an environmental necessity but an economic opportunity that can pay for itself many times over,” Stiell said.

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During his visit to Abuja, Stiell met with Nigerian parliamentarians and senior government officials to discuss how a national climate plan can contribute to the achievement of the Sustainable Development Goals.

READ ALSO: UNICEF’s Climate Change Education Averting Future Dangers – School Teacher

The UN chief commended Nigeria’s efforts thus far in addressing climate change but emphasized that more work is needed to ensure the country’s climate policies translate into tangible benefits for its citizens.

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Stiell also engaged with civil society groups focused on climate change, women’s empowerment, and youth involvement. He reiterated that Nigeria remains committed to tackling climate change and that the UNFCCC will continue to support the country in its climate endeavors.

As Nigeria looks ahead, Stiell called for sustained collaboration to turn climate policies into actionable outcomes.

There is much work ahead, to ensure the people of Nigeria share in the monumental benefits of bold climate action. That’s why it’s so essential that people across Nigerian society have a chance to contribute to new national climate plans – to implement and benefit from them.

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“UN Climate Change will be working with all of you and all other nations – every step of the way,” he concluded.

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Transfer: Premier League Clubs Scramble For Dele-Bashiru

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Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

READ ALSO:Film Premiere: Edo In Talks With Embassies To Promote Safe Migration —Agazuma

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La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

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He has been a regular feature for Lazio this season.

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Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

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The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

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READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

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“This contradiction will no longer be tolerated,” the statement said.

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N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

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First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

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Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

READ ALSO:I’ve Been Blacklisted In Music Industry For 13 Years – Seun Kuti

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

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Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

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Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

READ ALSO:My Beef With Wizkid Is For Life – Seun Kuti

By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

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Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.

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