More than 400 private jets landed in Egypt as world leaders and advocates for a greener world gathered in for the climate conference.
Noting that such a number of private jets contradict the purpose of the conference, critics and social media commentators have accused the delegates of “hypocrisy”.
While being hosted in Africa, this year’s climate conference is coming amid devastating floods that have ravaged many communities in Africa.
As Egypt witnessed huge air traffic of hundreds of private jets which will produce emissions, advocate groups and social media commentators have condemned the act, calling it “hypocrisy and double standard”.
While several social media posts criticised delegates for travelling by private jet, they opined that delegates should have travelled in groups to reduce the emission.
According to a report by the European Clean Transport Campaign Group (ECTCG), a private jet can emit two tonnes of carbon dioxide in an hour and is 5 to 14 times more polluting per passenger than a commercial plane.
In addition, scientists have noted on several occasions that climate change caused by human burning of fossils is a major catalyst to severe devastating disasters which include floods, heatwaves, and droughts.
Meanwhile, African leaders have called for more actions and commitment from the Western rich nations to climate change in Africa.
African leaders have argued that while Africa contributed the least to global emissions, the continent bears the brunt of climate impact.
They lamented that Africa needs around $250 billion annually to help African countries move to greener technologies, and adapt to the effects of climate change, yet funding to the continent has only stood at $29.5 billion.
Speaking at the conference in Egypt, Nigerian President, Muhammadu Buhari noted that Africa urgently needs investment in adaptation infrastructure such as flood prevention systems to stave off the disasters that destroy communities and cripple economies.
Investors King had reported that trillions of naira was lost to incessant flooding which ravage some parts of Nigeria while farmlands, homes, and business were destroyed.
Ramaphosa Braces for Calls to Resign Over $580,000 Theft at Farm
The panel found the president may have violated sections of the constitution following a theft of $580,000 that was stashed in a sofa at a game farm he owns.
South African President Cyril Ramaphosa’s allies are steeling themselves before a meeting of the governing party’s top leaders at which he’s likely to face calls for his resignation.
The African National Congress’s National Executive Committee will on Thursday discuss the findings by an advisory panel that there may be a case for Ramaphosa’s impeachment. The panel found the president may have violated sections of the constitution following a theft of $580,000 that was stashed in a sofa at a game farm he owns.
The release of the panel’s report on Wednesday night triggered a slump in the rand. The NEC meeting is scheduled to start at 7 p.m.
Party officials met with the ANC’s chief whip and the speaker of parliament to discuss the report on Wednesday, according to people familiar with the matter. A group of NEC members sympathetic to Ramaphosa held a meeting of their own, said the people who asked not to be identified discussing private party matters.
Pule Mabe, the ANC’s spokesman, didn’t immediately respond to a request for comment sent by text message.
The meeting of Ramaphosa’s supporters was called by Minister in the Presidency Mondli Gungubele. Two NEC members who are close to Ramaphosa expressed concern that the president may opt to resign — a replay of what happened in June when the scandal over the game-farm theft first erupted and he took advice on whether or not he should quit.
Ibom MRO to Bring in Forex to Nigeria
Akwa Ibom State to open a cutting-edge smart terminal building at the Victor Attah International Airport
The governor of Akwa Ibom State, Governor Udom Emmanuel, has announced that the state is close to opening a cutting-edge smart terminal building at the Victor Attah International Airport and that this will generate foreign exchange for Nigeria.
This comes on the heels of praise from his Edo State counterpart, Gov. Godwin Obaseki, who attended the Tuesday reception in Uyo for two additional A320-200 Airbus aircraft that the state’s Ibom Air fleet had leased from a European company.
Speaking at the event, the governor of Akwa Ibom said that while there were already efforts underway to persuade the government to lease the MRO, the MRO is an investment because it was built with naira, despite its current depreciation, and will therefore generate income.
The Akwa Ibom governor said “Our terminal building is world-class in Africa, our MRO is world-class. If you find one today in the entire Gulf of Guinea, tell me I’ll disassemble this one and build another.
“Look at our MRO; what you see here can accommodate two 747 aircraft as well as eight CRJ aircraft, which we are flying for servicing at the same time.”
“This is the only MRO in this part of the world today, and these facilities are not built with local currency, but we are building this MRO with naira that has no value.”
“I invest in areas where we can see a return on our money. Right now without blinking an eye, I can make over $ 30 million with this MRO if we decide to sell but we are not selling, we will make a foreign exchange from this investment.
“Airbus is on us to come and lease our MRO for all their regional flights, but we are not selling.
“We are going to open up this place ( MRO facility) from January next year for commercial activities and we are going to earn in dollars.”
He thanked Ibom Air’s Board of Directors, Management, and Staff for making him proud, emphasising that “they have done very well.”
Gov. Obaseki, who spoke at the event, stated that Akwa Ibom has become the country’s flagship state for its efforts to invest in and make significant strides in the aviation sector.
Obaseki described Akwa Ibom as the country’s flagship state for its efforts to invest in and expand the aviation sector. “Ibom Air is always completely booked.” Let me thank you on behalf of Nigerians,’’ Obaseki said.
In his remarks, the Managing Director of Ibom Airlines., Mr Mfon Udom announced plans to begin regional flights in 2023.
Udom said the new addition to the fleet of Ibom Air would expand its carrying capacity and boost employment opportunities in the state by 40 per cent.
“With this new capacity coming on board, we are delighted to inform our passengers that we have increased our offerings, providing more frequencies for their convenience.
“The Uyo-Lagos and Uyo-Abuja routes now have three frequencies each every weekday, while our Lagos-Abuja passengers will have seven frequencies to choose from both ways, every weekday,’’ he said.
Lagos State Boosts Food Supply With Mass Sale of Rice and Cooking Oil
LAISA has commenced the massive sale of rice and soya bean vegetable oils ahead of the December festival
Lagos state government through the Lagos State Agricultural Inputs Supply Authority (LAISA) has commenced the massive sale of rice and soya bean vegetable oils ahead of the December festival.
The sale which is taking place at different locations in the state is already attracting massive buyers.
According to the General Manager of LAISA, Mr Bolaji Balogun, places where potential buyers can get the products include New Farm Service Oko-Oba Centre, and Gengeto Bus stop, Abeokuta Road, Lagos.
While speaking to the press, Balogun disclosed that available products include 50kg of rice and 1-3 litres of soya vegetable oil all sold at affordable prices.
The GM added that the food sale event was a response to the yearnings of Lagosians who demanded affordable rice and cooking oil for the yuletide festival.
He noted that several people came to LAISA stand for the request at the just concluded Lagos Trade Fair.
Investors King understands that the Lagos State Agricultural Inputs Supply Authority (LAISA) was established with the mandate to boost food supply in the state and also provide the necessary support such as farm tools to farmers.
” As a responsible agency of government, LAISA will continue to provide customers/farmers with high quality and healthy food supply at affordable prices as and when available. We also intend to continue to support and encourage farmers on the best farming practice as well,” Balogun noted.
Meanwhile, the Federal Government has replied to a statement credited to the International Monetary Fund (IMF) that Nigeria will face food crisis in 2023.
The Federal Ministry of Agriculture and Rural Development opposed the position of the global financial institution stating that Nigerians should not panic nor worry about the projection.
The ministry added that several measures had been put in place to forestall any scarcity of food in Nigeria.
It added that the government had approved a five-year tax break as an incentive to encourage private investments in the agricultural sector and increased food production, processing and marketing.
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