Connect with us

Featured

COP27: Nigeria Pushes For $400bn ETP Funding …Caps Loss, Damage Cost At $1trn

Published

on

The Federal Government has said that it was pushing for $400billion commitments from developed countries and partners on climate change to finance its Energy Transition Plan (ETP).
Implementable negotiations continued, yesterday, at Sharm El-Sheikh, Egypt, venue of the global conference on climate change otherwise known as COP27.
Minister of Environment, Mohammed Abdullahi, disclosed this on the sideline of the annual global event.
Abdullahi, who led the Nigeria delegation to the climate change conference, said that the country expected very positive affirmative commitment when it came to funding to mitigate the challenge arising from climate change effect.
“We expect very positive affirmative commitment from partners and developed countries. We intend to push that in our discourse and engagement virtually with every party and our partners.
“It depends on which sector we are talking about. If it is ETP, we are looking at $400billion. If it is loss and damage, we are looking much more than that because it affects the entire developing countries.
“When it comes to other specifics like our efforts in the Sahel to do with the Great Green Wall, we are looking towards €18.5billion that was pledged by President (Emmanuel) Macron (of France) under the One Planet Summit.
“So, it depends on the specifics. Funding naturally will focus on specific thematic areas,” the minister said.
The leader of the delegation, however, noted that Nigeria would not just abandon oil and gas under the global energy transition demand.
“We are not abandoning oil and gas; that is why we have the energy transition plan. The energy transition plan envisages first and foremost that fossil fuels, Nigerian gas will be transition energy between now and 2035.
“In other word, in between this period that we are relying on our oil and gas industry, we are also developing pari-passu, an independent energy transition that is aimed at reaching renewable; and majorly also, providing infrastructure for mini solar grids.
“So, what we are doing essentially is not just that we are abandoning our oil and gas, but we have to have a plan that considers all garments of energy available to the country.”
On compensation for loss and damage arising from the climate change impact, Abdullahi explained that it was an agenda of the developing countries and not Nigeria alone.
“We are looking at loss and damage as a developing countries agenda and not Nigeria alone. What is happening in most part of developing countries is an outcome of industrialisation, and the use negatively of the industrial priorities at the detriment of African country as well as the developing.
“So, we are saying loss and damage, they should bear the quantum of this damage we are going through. They should bear the financial burden so that they can mitigate what we are going through.
“So, we are looking at between $500billion to $1trillion to support developing countries to face the challenges of loss and damage.
“So, this recent flooding you see in Nigeria and other parts of the continent is as a result of the activities that are not related to any African countries,” he said.

Featured

Rivers Capable Of Delivering Massive Votes For Tinubu, Chinda, Others -Fubara …Charges APC, Rainbow Coalition To Embrace Team Work

Published

on

Rivers State Governor, Sir Siminalayi Fubara, has declared that the  State is capable of delivering massive votes for President Bola Tinubu,  the  All Progressives Congress (APC) governorship candidate, Rt. Hon. Kingsley Chinda and other candidates of the Rainbow Coalition in the 2027 general elections.

Fubara, who stated this yesterday at the inauguration of the APC Presidential Campaign Council in Port Harcourt, said the surest path to victory is for the  members of the Presidential Campaign Council drawn from the APC and the Rainbow Coalition to embrace the spirit of teamwork.

He said what the state was witnessing in the current political season is a repeat of the successful mobilization done in 2022 and 2023, when a large campaign council worked in unity to deliver victory for him and for President Tinubu.

He added that the present council is bigger, wider and better coordinated and should therefore achieve even better results.

He noted that the beauty of the new council is the fact that some persons who were in the opposition camp during the previous elections are now part of the team, saying their inclusion has made the task easier, provided everyone works as one team and with sincerity of purpose.

The governor thanked the  Coordinator of the Presidential Campaign Council for Rivers State, Chief Nyesom Wike, and other leaders who worked tirelessly to bring the council to fruition, stressing that nothing  is impossible especially when people work together for a common purpose.

He expressed optimism that with seriousness and commitment, the state would record a higher number of votes than it recorded in 2023.

Fubara, while congratulating members who made the list, appealed to those whose names were omitted not to be discouraged, as there are still sub-committees to be constituted and the list can still be updated, even as he warned against double loyalty.

He said the state has gone past the stage of division and is now looking to the future and what God holds for Rivers people, expressing confidence that with the strategy already put in place, the APC and the Rainbow Coalition would come out victorious in 2027.

Minister of the Federal Capital Territory and Coordinator of the Campaign Council, Chief Nyesom Wike, while  inaugurating the Council, lauded Fubara for finding time to attend the ceremony and other engagements of the Council in spite of his busy schedules.

Wike, who is also the National Leader of the PDP/ Rainbow Coalition, reminded members of the Council that they were chosen based on their capacity to participate  in the activities of the group and deliver positive results.

He charged them to work hard to win votes for the candidates of the APC and the Rainbow Coalition for the Presidential, Governorship, National Assembly as well as State House of Assembly elections next year.

He disclosed that apart from the Presidential Campaign Council and its sub-committees, the Local Government Campaign Councils will soon be inaugurated to ensure better coverage of the grassroots during the current campaign season.

 

 

Continue Reading

Featured

RSG Floats MNET Culture Content Promo

Published

on

The Rivers State Ministry of Culture and Tourism  has floated a culture content platform in collaboration with digital television group, Multichoice.

Permanent Secretary, Ministry of Culture and Tourism, Mr. Freddy Ndigbara, disclosed this after a meeting with MultiChoice Head of Content Acquisition, Don Dotun Ojon, in Port Harcourt.

He assured that content entrepreneurs and film makers would enjoy the platform by promoting culture and other contents to sell the states tourism potentials.

He said MultiChoice M-net was now open to increase its patronage for content shots on locations in Rivers State, describing the State as one that has numerous potentials for film tourism.

“We were privileged to have Don Ojon with us at the Rivers International Film Festival (RIFF) at the weekend in Bonny and he saw, first hand, the numerous sites and opportunities that are open to creatives in the State. After that, we felt it was important to deepen the conversation and he obliged. This is a cheering news for the sector in the State,” he said.

Ndigbara stated that “Rivers State has many more untold stories to tell, many more contents to reel out and the assurances from the M-net Acquisition Manager is an indication that the industry in the state will soon enjoy a new lease of life”.

The Permanent Secretary thanked Ojon for the visit and assured that creatives in the State would grap this opportunity and show the world that Rivers State is a major hub for film tourism in Nigeria.

On his part, Ojon said the visit was to discuss on ways of promoting tourism in the State using creatives and film.

Ojon said although the company has recently been acquired by canal+ France and is undergoing restructuring, he would promote the chances of Rivers State to host the MultiChoice talent factory in the State.

With Asaba, capital of Delta State, being saturated, Ojon said the next port is Rivers  State, which he said is capable of building fresh crop of creatives, new locations, new story lines and concepts.

He, therefore, called for collaboration from stakeholders in the State.

Kevin Nengia

 

 

 

Continue Reading

Featured

APC Presidential Campaign Storms PH, ‘Morrow

Published

on

Barring last minute changes, the presidential campaign train of the All Progressives Congress (APC) will storm Port Harcourt, Rivers State capital, tomorrow.

This is according to a campaign timetable released by the APC Campaign Council last month.

The Tide reports that the APC presidential campaign kicked off in Kaduna on October 24 with President Bola Tinubu in attendance.

The campaign train later moved to Cross River, Gombe, Nasarawa, and Ekiti on November 2, 3, 4 and 5 respectively with the Vice President, Kashim Shettima representing the President at the rallies.

President Tinubu is personally scheduled to attend 12 states including Rivers, Kaduna, Plateau, Oyo, Borno, Enugu, Bauchi, Sokoto, Delta, Kano, Adamawa and Lagos.

The Rivers State rally, scheduled to hold at the Adokiye Amiesimaka Stadium, Port Harcourt, is expected to witness a large crowd of party supporters drawn from a coalition of political parties in the State.

The party is expected to round off its presidential campaign in Lagos State on January 9, 2027.

The Tide reports that Tinubu has not visited Rivers State as President since he assumed office in May 2023. His last physical visit to the State was before his inauguration on Wednesday, May 3 – Thursday, May 4, 2023, when he was hosted by then Governor Nyesom Wike in Port Harcourt to commission the Rumuola/Rumuokwuta Flyover and the Magistrates’ Court Complex.

Tomorrow’s visit will be his first to the State since assuming office.

 

 

 

Continue Reading

Trending