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Nigeria May Lose $460bn To Climate Change -Report
Nigeria may lose $460bn due to climate change by 2050 if urgent actions are not taken to curb its adverse effects, the new Agora Policy report revealed.
The report titled, “Climate Change and Socio-Economic Development in Nigeria,” also showed that Nigeria had lost $100bn to climate change by 2020.
The report produced with the support of the MacArthur Foundation was presented at a one-day policy conversation tagged ‘Nigeria, Climate Change, and the Green Economy,’ as part of preparation for COP28, in Abuja on Wednesday.
The report also highlights the different channels through which adverse effects of climate change could worsen in Nigeria and further compound the country’s developmental challenges.
It also points out the opportunities for Nigeria to foster rapid economic growth, diversify its energy sources, generate employment for its burgeoning youthful and urbanising populace, and address pervasive poverty and inequality through an equitable energy transition.
Presenting the highlights of the report, the Director of the Centre for Climate Change and Development, Prof Chukwumerije Okereke, stated that 25 million Nigerians are at risk of flooding and 630 km2 of land is susceptible to flooding along the Niger-Benue basin in the Niger Delta area.
Okereke said about 357,000 people living in Lagos are exposed to flood and by 2050 3.2 million Lagosians would be exposed to flood.
The don noted that the direct estimate of damage and loss of flooding in 2022 is N1.48tn, while the total damage and loss, including indirect ones, due to the flooding is about N2.6tn.
He, however, recommended strengthened national climate policy frameworks, strengthened institutional capacity, adequate climate funding, fair energy transition, public awareness, collaborative approach, and targeted sectoral interventions.
In his welcome address, the Founder of Agora Policy, Waziri Adio, stated that though some individuals, organisations, and government agencies are implementing consequential climate interventions in the country, climate change is yet to get the prominence it deserves in the country.
“Both in official circles and among the populace, climate issues are not seen as really important and urgent. Our national attitude oscillates between denial and indifference.
“Most of our people, including highly-placed government officials, see climate change as other people’s problems or an issue that is only for tree-huggers and environmentalists, or something that should bother only those who have the luxury of not wrestling with hunger and other existential matters,” Adio said.
He said the increasing threats of desertification and gully erosion and others already have deep, negative impacts on food production, food security, food inflation, water, health, productivity, energy, infrastructure, and on the conflicts that continue to multiply partly on account of vanishing natural resources.
He advised that there is a need to act urgently to prevent the effects of climate change before it escalates into a catastrophic situation.
On his part, the Director of Programmes at CJID, Akintunde Babatunde, said Nigeria’s climate change reality is multifaceted, and there is a need to act on implementing climate change policies.
“We do not lack policies on climate change in Nigeria, we have climate change law, the National Council on Climate Change, the Department of Climate Change at the Ministry of Environment, among others, but our problem is about proper action tailored to address the issues.
“How much can we use to build proper drainages so that it can prevent flooding? How much can we properly use for early warning systems to help with preparations? We need effective implementation of policies and judicious use of financial investment, both by the government and partners, and we need massive awareness by the media,” Babatunde said.
The one-day policy conversation meeting was organised in partnership with the Shehu Musa Yar’Adua Foundation, the Cable Newspapers, the Centre for Journalism Innovation and Development, Clean Technology Hub, the CCCD, and the Nature News.
News
PDP Kicks As APC Wins FCT Council Polls
The Peoples Democratic Party (PDP) has inaugurated a special legal team to handle election petitions arising from last Saturday’s Area Council elections in the Federal Capital Territory.
This comes as the All Progressives Congress (APC) won in Abaji, Kwali, AMAC, and Bwari Area Councils, while the PDP secured victory only in Gwagwalada.
The Tide reports that the council elections were held on Saturday, February 21, 2026, across all six FCT area councils, including Abaji, AMAC, Bwari, Gwagwalada, Kuje, and Kwali.
Results announced so far by the Independent National Electoral Commission (INEC) show that the All Progressives Congress (APC) won in Abaji, Kwali, AMAC, and Bwari Area Councils, while the PDP secured victory only in Gwagwalada.
In a statement issued yesterday by PDP’s National Publicity Secretary, Ini Ememobong, the party congratulated its candidates, who emerged winners in the chairmanship and councilor elections.
The opposition party acknowledged the victories, noting that the number of wins was lower than expected but significant given the alleged irregularities during the polls.
“We specifically congratulate the Chairman-elect of Gwagwalada Area Council, Mohammed Kasim, and the councillors who have been declared successful by the Independent National Electoral Commission (INEC).
“This victory, though less in number than we anticipated, is particularly gladdening because it is against the background of unprecedented intimidation, high-powered money politics, and brazen executive brigandage,” the statement read.
Ememobong claimed that there are reports and video evidence indicating voter intimidation and unlawful conduct that influenced the outcome of the elections.
“Reports and video evidence abound where armed security personnel were used to cart away result sheets in polling units, intimidate voters, and unduly influence the outcome of the elections.”
To address complaints and litigations arising from the polls, he said the party has set up a legal team headed by its National Legal Adviser, Shafi Bara’u, Esq.
The statement urged candidates with legitimate grievances to contact the Legal Adviser promptly, as delays could jeopardise their chances in election petition cases.
“The incredible voter apathy in these polls is a direct response to the anti-people Electoral Act 2026, where the people have completely lost faith in the electoral outcomes from elections conducted under this Act.
“These Local Council polls may just be a foreshadowing of the forthcoming general elections in 2027 if changes are not urgently made,” the statement added.
The PDP called on the National Assembly and the President to take corrective action to safeguard the integrity of Nigeria’s democracy.
News
S’Court Gets New Justice As CJN Swears In Oyewole, Wednesday
The Chief Justice of Nigeria, Kudirat Kekere-Ekun, will on Wednesday swear in Justice Joseph Oyewole as a Justice of the Supreme Court of Nigeria.
The ceremony is scheduled to be held at 2pm at Courtroom Two of the Supreme Court complex in Abuja.
The court urged guests to adhere strictly to the court’s protocols and security measures.
This was contained in a statement issued yesterday by the Supreme Court’s Director of Information and Public Relations, Dr Festus Akande.
The court described Oyewole’s appointment as a step towards reinforcing the capacity of the apex court to deliver fair and timely judgments.
Recall that Oyewole was, until his elevation, a Justice of the Court of Appeal and Presiding Justice of the Enugu Division, and joins the apex court bench as part of ongoing efforts to strengthen the judiciary.
The National Judicial Council recommended Oyewole for the position alongside 35 others for various judicial offices, following its 110th meeting held on January 13, 2026, and presided over by Justice Kekere-Ekun.
The statement partly read, “The Chief Justice of Nigeria, Hon. Justice Kudirat Kekere-Ekun, GCON, will on Wednesday, 25th February, 2026, preside over the swearing-in ceremony of the newly appointed Justice of the Supreme Court, Hon. Justice Joseph Olubunmi Kayode Oyewole, JCA.”
According to the statement, Oyewole served with distinction at the Court of Appeal and as Presiding Justice of the Enugu Division prior to his elevation.
“His appointment underscores the commitment of the Nigerian judiciary to upholding the rule of law, ensuring justice, and strengthening the bench with experienced and dedicated jurists. He brings a wealth of legal expertise and integrity to the apex court to further enhance its capacity to deliver fair and timely judgments,” the statement added.
The apex court further described the swearing-in as “another significant step in rejuvenating the judiciary and ensuring the continued delivery of justice in line with the highest standards of integrity, competence, and impartiality.”
The Supreme Court reiterated its commitment to justice, fairness and judicial independence for the benefit of Nigerians.
News
Fubara Mourns Senator Mpigi
Rivers State Governor, Sir Siminalayi Fubara, has expressed deep shock and sadness over the sudden passage of Senator Barinada Mpigi, the Senator representing South East Senatorial District of Rivers State.
In a tribute to mourn the deceased, Governor Fubara described Mpigi as a brother, a consummate politician and one of the leading lights in Rivers State.
He said that Mpigi died at a critical time when his services were still needed by the people of Rivers State and prayed God Almighty to grant him eternal rest.
The governor commiserated with his immediate family, the Rivers South East Senatorial District and the Senate at large, asking them to take solace in the fact that the deceased lived a good life and impacted positively on the people.
Senator Mpigi died at the age of 64. Until his death, he was the Chairman of the Senate Committee on Works.
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