News
COP 26: Buhari enjoins international partners to finance projects in Nigeria through gas
![](https://accessnews.ng/wp-content/uploads/2021/11/Buhari-in-Glasglow.jpg)
President Muhammadu Buhari has enjoined the international partners to finance projects using transition fuels such as gas in Nigeria.
Buhari, who stated this yesterday in Glasgow, Scotland, while delivering his national statement at COP26 Leaders’ Summit, pledged that Nigeria would cut its emissions to net-zero by 2060.
The President said attaining national and global climate change goals would require adequate and sustained technical and financial support to developing countries.
He said the greater effort should be channelled towards assisting developing nations to meet their “Nationally Determined Contributions, NDCs commitments through the pledges made by the developed countries to provide at least $100 billion yearly.”
Buhari noted that easier access to climate finance had become imperative, in view of the COVID-19 pandemic, which really battered the economies of developing countries.
The President in a statement issued by his Senior Special Assistant on Media and Publicity, Mallam Garba Shehu, said: “I do not think anyone in Nigeria needs persuading of the need for urgent action on the environment.
“Desertification in the North, floods in the centre, pollution and erosion on the coast are enough evidence.
“For Nigeria, climate change is not about the perils of tomorrow but what is happening today. Nigeria is committed to net-zero by 2060.”
Making a case for the gas-based energy transition in Nigeria, President Buhari requested international partners to finance projects using transition fuels such as gas in Nigeria.
“Parties to the Paris Agreement are expected to transit from fossil fuel to clean energy and reach a Net Zero ambition for greenhouse gases emission. Nigeria is actually more of a gas than an oil-producing country.
“Consequently, I am requesting for the financing of projects using transition fuels, such as gas.
“Nigeria has energy challenges for which, we believe, gas can be used to balance a renewable energy-based system, be it wind or sun.
“This would enable us to launch the long-term renewable energy infrastructure procurement and investments needed to have a sustainable energy supply,’’ he said.
Acknowledging that net-zero ambition could lead to economic transformation across all sectors, President Buhari said it would require critical infrastructure to be put in place.
He also told the COP26 Leaders’ Summit that Nigeria had developed a detailed energy transition plan and roadmap based on data and evidence.
Explaining that the plan had highlighted some key facts that force the difficult conversations, Buhari said: “Our transition plan also highlights the key role that gas will play in transitioning our economy across sectors, and the data and evidence shows that Nigeria can continue to use gas until 2040 without detracting from the goals of the Paris Agreement.
“Gas will be key for addressing the clean cooking challenge, which is also a challenge of deforestation, and for giving our electric grid the stability and flexibility to integrate renewables at scale.
“Nigeria will need to integrate an unprecedented 7GW additional renewable capacity each year to achieve net-zero.”
On energy access, Buhari declared that Nigeria’s commitment to a just transition is reflected in “our ambitious Energy Compact, which includes the Government’s flagship project to electrify 5 million households and 25 million people using decentralized solar energy solutions.”
He described the project as a major first step towards closing the energy access deficit in the country by 2030.
On green projects in the county, the President declared that Federal Government agencies had been directed to ensure the inclusion of projects with climate change credentials in the budget.
“I am happy to state that the 2022 budget, which I recently submitted to our National Assembly, is the first cross-sectoral, gender and climate-responsive budget ever prepared in the annals of our history,’’ he said.
He announced that the National Assembly had also passed the Climate Change Bill, which provides a framework for achieving low greenhouse gas emissions, inclusive green growth and sustainable economic development.
“The outcome of this Conference must result in quick resolution of all outstanding issues pertaining to the finalization of the Paris Agreement Rulebook, Adaptation, Mitigation, Finance, Article 6 and Loss and Damage,’’ President Buhari stated further.
Defence
Victory Against Terror: Troops Eliminate 152 Terrorists, Rescue 91 Hostages in Nationwide Crackdown
![Victory Against Terror: Troops Eliminate 152 Terrorists, Rescue 91 Hostages in Nationwide Crackdown](https://accessnews.ng/wp-content/uploads/2022/06/Army-troops-scaled.webp)
Victory Against Terror: Troops Eliminate 152 Terrorists, Rescue 91 Hostages in Nationwide Crackdown
The Defence Headquarters (DHQ) announced on Friday that troops had successfully neutralized 152 terrorists, arrested 109 suspects, and rescued 91 kidnapped hostages during operations conducted across the country in the past week.
Maj.-Gen. Edward Buba, Director of Defence Media Operations, provided the update during a briefing in Abuja, noting that significant blows were dealt to terrorist strongholds in Katsina and Kaduna states. Key operations targeted two notorious terrorist commanders, Sadiku and Alhaji Yusuf, leading to the decimation of their enclaves.
“Sadiku’s base was located at Tsora Hill in Safana Local Government Area of Katsina State, while Alhaji Yusuf’s stronghold was at Yadi Forest in Giwa Local Government Area of Kaduna State,” Buba revealed.
In addition, two female terrorist collaborators, responsible for negotiating ransoms with the families of kidnapped victims, were apprehended. Troops also recovered an impressive cache of 183 weapons and over 4,000 rounds of ammunition, including 95 AK-47 rifles, locally made guns, and other heavy arms.
“On the whole, the gallant men and women of the armed forces continue to take pride in putting themselves in harm’s way to ensure the safety and security of citizens,” Buba stated, calling for continued support from the public in the fight against terrorism.
In the North East, under Operation Hadin Kai, 63 terrorists were eliminated, 38 suspects were arrested, and 35 hostages were rescued. Buba added that between August 28 and September 4, a total of 196 terrorists surrendered, including 19 adult males, 70 adult females, and 107 children. A successful airstrike on August 31 also killed an ISWAP spiritual leader, Goni Sanda, along with several other terrorists in Borno State.
Meanwhile, in the North Central, troops under Operations Safe Haven and Whirl Stroke neutralized three extremists, arrested 40 suspects, and rescued 28 hostages. In the North West, Operation Hadarin Daji forces killed 105 terrorists, arrested 21, and freed 36 hostages.
In the Niger Delta, under Operation Delta Safe, troops destroyed 58 illegal refining sites and recovered over 1.2 million liters of stolen crude oil and illegally refined diesel. Additionally, 36 suspected oil thieves were arrested.
In the South East, under Operation UDO KA, two violent extremists were apprehended, and two hostages were rescued.
All arrested suspects, recovered items, and rescued hostages have been handed over to the relevant authorities for further action, Buba confirmed.
Headlines
EFCC Warns Businesses Against Aiding Criminals, Urges Compliance with Money Laundering Act
![EFCC Warns Businesses Against Aiding Criminals, Urges Compliance with Money Laundering Act](https://accessnews.ng/wp-content/uploads/2023/11/EFCC-e1698868766206.png)
EFCC Warns Businesses Against Aiding Criminals, Urges Compliance with Money Laundering Act
The Economic and Financial Crimes Commission (EFCC) has called on Designated Non-Financial Businesses and Professions (DNFBPs) to ensure full compliance with the Money Laundering Prohibition and Prevention Act of 2022.
This warning was issued during a sensitization programme organized by the EFCC’s Special Control Unit Against Money Laundering (SCUML).
EFCC’s Acting Director for Lagos, Michael Wetkaz, highlighted the global efforts to combat terrorism and warned businesses not to provide a safe haven for criminal elements. “The financial institutions have been regulated, and terrorism has become a global concern. Nations have tightened measures to ensure criminals have no space to operate,” Wetkaz said.
He urged DNFBPs, which include casinos, real estate agents, dealers in precious metals and stones, lawyers, and other professionals, to be vigilant and report any suspicious activities. “If you allow these criminal activities to pass through your businesses, it will worsen the insecurity situation in the country,” he cautioned.
Aminu Ahmed, an Assistant Commander of the EFCC, reminded operators to report currency transactions above N5 million for individuals and N10 million for corporate bodies. He emphasized the importance of appointing compliance officers and adhering to anti-money laundering regulations.
The training also covered topics such as beneficial ownership, financial sanctions, and reporting requirements for Politically Exposed Persons (PEPs), with ACE II officer Folasade Oluwasanya stressing the importance of awareness in curbing financial crimes.
Agriculture
Minister pledges sustained investment in agricultural production in FCT
![Minister pledges sustained investment in agricultural production in FCT](https://accessnews.ng/wp-content/uploads/2024/09/Dr-Mariya-Mahmoud-Minister-of-State-for-the-Federal-Capital-Territory-FCT.jpg)
Minister pledges sustained investment in agricultural production in FCT
Dr Mariya Mahmoud, Minister of State for the Federal Capital Territory (FCT), has pledged the FCT administration’s commitment to sustaining investment in agricultural production in the territory.
Mahamoud said this at the inauguration of the disbursement of grants to beneficiaries of the 4th batch of the FCT Fadama Covid-19 Action Recovery and Economic Stimulus (CARES) Programme, on Thursday in Gwagwalada.
She said the initiative is aimed at reducing poverty and improving livelihoods for the poor and vulnerable agricultural households in the territory.
The minister said the FCT Fadama CARES Programme would increase food security and the safe functioning of the food supply chain in the FCT.
She said the programme was designed to support the recovery of livelihood activities of the poor and vulnerable persons engaged in the agricultural value chain, with consideration to women and youths.
According to her, it is gratifying to note that within the first year of the current administration in the FCT, the Fadama CARES programme has disbursed grants to 3,150 beneficiaries under the third batch.
Mahmoud said the programme would provide grants to an additional 6,020 new beneficiaries under the fourth batch.
She said that 9,170 beneficiaries would benefit from the programme during the first year of the current FCT administration.
-
Business2 years ago
Facebook, Instagram Temporarily Allow Posts on Ukraine War Calling for Violence Against Invading Russians or Putin’s Death
-
Headlines2 years ago
Nigeria, Other West African Countries Facing Worst Food Crisis in 10 Years, Aid Groups Say
-
Foreign2 years ago
New York Consulate installs machines for 10-year passport
-
world4 months ago
Iran, China agree on closer military cooperation
-
ICT11 months ago
Truecaller appoints Onwuzurike as Country Manager in Nigeria
-
Business5 months ago
We generated N30.2 bn revenue in three months – Kano NCS Comptroller
-
Headlines2 months ago
Google announces additional 110 languages translate
-
ICT9 months ago
Tijani Reveals $2bn Investment Needed to Expand Fibre Optics Across Nigeria