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Tag Archives: diversification in nigeria

Experts speak on how Nigeria can transit to green economy

NCF unveils Nigeria’s green recovery scheme

For Nigeria to successfully transit to a green economy, there is need for the enforcement of existing legislations on sustainable environment, The Guardian reports. According to The Guardian, stakeholders, who spoke at the workshop in Lagos organized by Community Conservation and Development Initiatives (CCDI) in partnership with the Ministry of Foreign Affairs of the Federal Republic of Germany, were of the ...

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FEC approves N30b intervention fund for mining sector development

FG secures $150m World Bank support for mining development – Fayemi

Reports show that the Federal Executive Council, on Wednesday, has approved the release of a N30 billion intervention fund for mining sector development. The Guardian reports that the Minister of Mines and Steel, Kayode Fayemi, made it known that the sum was a fulfillment of President Buhari’s campaign promises when he pledged determination to diversify from the oil sector. Addressing ...

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Climate change may pose a challenge to diversification

Climate change may pose a challenge to diversification

Vanguard reports that the Ecosystem Based Adaptation for Food Security Assembly, EBAFOSA, has expressed fears that climate change might be a threat to government’s resolve to diversify the nation’s economy by focusing on agriculture. According to Vanguard, Mr. James Oyesola, the National President of EBAFOSA, while expressing these fears at the World Food Day celebration 2016, tagged Climate is Changing: Food ...

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New energy model recommended by industry chieftain, researcher

New energy model recommended by industry chieftain, researcher

Vanguard reports that amid multiple challenges to economic recovery and diversification in Nigeria, a corporate chieftain and an energy researcher have canvassed deployment of innovative power infrastructure for solutions. According to Vanguard, the Managing Director of UAC Property Development Company, Mr. Hakeem Ogunniran, stated that the power sector in general, and alternative power generation and distributed energy system, in particular, are ...

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