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Stakeholders Seek Action Towards Nigeria’s Climate Adaptation

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  • Stakeholders Seek Action Towards Nigeria’s Climate Adaptation

Poised to ensure that Nigeria fully adapt to climate change, stakeholders have called for a new line of thinking that support a green economy.

According to them, such initiatives could be enshrined within reviewed national laws, and local councils’ action plans.

The call was contained in an interim report from the workshops held in Lagos by a Nigerian non -governmental organisation, the Community Conversation and Development Initiatives (CCDI) in collaboration with the Federal Republic of Germany through its ministry of Foreign Affairs.The themes of the two separate workshops are; “Climate Risk Insurance and Environmental and Social Impact Assessment for the Transition to a Green Economy in Nigeria”.

According to them lack of comprehensive government blueprint of sequential plans of action on the subject, has make it difficult to re-invigorate international commitments on multilateral environmental and climate change agreements at the national level.They stressed that insurance could help Nigeria reduce climate induced risks, noting that the development of agriculture, forestry and fisheries sits within a system affected by both climate and the political economy, mostly because the farming system is rain-fed.According to them, Nigeria can build up its resilience from early warming systems but equally through development of better crop varieties adaptable to extreme climate variability.

They therefore stressed the need for the insurance industry to be more creative and develop new and unique green products, get more global experience of green insurance products and services and rating systems, possibly from sustainable finance initiatives in Ghana, Kenya as well as setting up working groups to address the limited awareness within the Nigerian Insurance industry.

According to them, green insurance and how adoption of principles for sustainable Insurance (UNEPFIPSI) should be encouraged.They also stressed the importance of environmental and social impact assessment before the beginning of projects.

According to them, President’s Muhammadu Buhari’s signing of the Paris Agreement on September 22, 2016 and his declaration that the impacts of climate change would be reversed in Nigeria suggested that the nation’s economic growth must henceforth, be driven by a suite of polices and governance mechanisms targeted at reducing carbon and ecological footprints. This perspective, they said could be enshrined within reviewed national laws, edicts, policies and through states and local councils action plans.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and Investing.com, with over a decade experience in the global financial markets.

Government

University Of Ibadan (UI) Goes Digital, Releases Timetable for Virtual Academic Session

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University Of Ibadan (UI) Goes Digital, Releases Timetable for Virtual Academic Session

University of Ibadan (UI) on Friday announced it is going ahead with resumption on February 20 despite the second wave of COVID-19.

In a statement released by the school, the First Semester of the 2020/2021 academic session will commence virtually on February 20, 2021.

The virtual academic session will last for 13 straight weeks and end on Friday May 12, 2021, while the matriculation ceremony will hold on Tuesday March 16, 2021.

The University of Ibadan also scheduled one week for the Finalization of Continuous Assessment, to begin from Mon. 17 May and ends Friday 21 May.

The rising number of COVID-19 cases has compelled the Senate to approve the virtual academic session in an effort to ensure the tertiary institution abides by the protocols established by the Federal Government to curb the spread of the pandemic.

“It, therefore, agreed that the 2020/2021 First Semester lectures will be delivered online. In this regard, students will not be accommodated on campus,” a statement from the school said.

“Senate also approved the cancellation of the 2019/2020 session. The next session is, therefore, renamed 2020/2021 Academic Session. Consequently, students who have been admitted for the 2019/2020 session will now be regarded as the 2020/2021 intakes.

“Kindly note that online opening of Registration Portal and Orientation Programme for the 2020/2021 intakes may commence ahead of the Sat 20/02/21 date indicated above,” the statement said.

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House of Representatives Impeached Trump Over Capitol Invasion

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House of Representatives Impeached Trump Over Capitol Invasion

The United States House of Representatives on Wednesday impeached President Trump for the second time after instigating the US Capitol invasion.

Led by Speaker of the House, Nancy Pelosi, 232 representatives, including 10 Republicans, voted to impeach the outgoing president against 197 that voted for him to remain in the office for the next six days when he would handover to the president-elect, Joe Biden.

The ten Republicans were Representatives Liz Cheney of Wyoming, the party’s No. 3 leader in the House; Jaime Herrera Beutler of Washington; John Katko of New York; Adam Kinzinger of Illinois; Fred Upton of Michigan; Dan Newhouse of Washington; Peter Meijer of Michigan; Anthony Gonzalez of Ohio; David Valadao of California; and Tom Rice of South Carolina.

Speaking before the vote, Pelosi said “a constitutional remedy that will ensure that the Republic will be safe from this man who is so resolutely determined to tear down the things that we hold dear and that hold us together.”

“He must go. He is a clear and present danger to the nation that we all love,” she said, adding later, “It gives me no pleasure to say this — it breaks my heart.

Republicans, who unanimously stood behind president Trump in 2019 during his first impeachment, were divided this time over the attack on Capitol.

A Republican representative from California, Kevin McCarthy, said “The president bears responsibility for Wednesday’s attack on Congress by mob rioters,” Mr. McCarthy said. “He should have immediately denounced the mob when he saw what was unfolding.”

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US Congress Declares Joe Biden as The 46th President of The United States After Trump Mob Left

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US Congress Declares Joe Biden as The 46th President of The United States After Trump Mob Left

The joint congress of the United States on Thursday, January 7, 2021 certified Joe Biden as the 46th President of the United States following President Trump’s mob action that disrupted the congress joint proceeding on Wednesday.

After ordering his followers to disrupt proceedings on Wednesday, President Trump later announced that there will be an orderly transition on January 20.

Even though I totally disagree with the outcome of the election, and the facts bear me out, nevertheless there will be an orderly transition on January 20th,” Trump said in a statement issued by White House Deputy Chief of Staff Dan Scavino.

“I have always said we would continue our fight to ensure that only legal votes were counted. While this represents the end of the greatest first term in presidential history, it’s only the beginning of our fight to Make America Great Again!” Trump added.

While the certification was just a mere formality as Biden had secured enough electoral college votes (270) required to clinch the world’s most powerful seat, the refusal of Donald Trump to accept the results of the November 2020 election made the session a keenly watched, especially after Trump mob disrupted a joint session of the Senate.

Also read Facebook, Twitter, Instagram Lock President Trump Out of Their Platforms Following Insurrection

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