News
Nigeria to get €150 million from EU
In order to help Nigeria combat her climate challenges, the European Union (EU) has promised to support the country with not less than €150 million.
The EU Ambassador to Nigeria and Head of delegation, Ketil Karlsen made this disclosure at the EU Climate Sustainability event held at the Dangote Business School, Bayero University Kano.
“We are supporting Nigeria with €150 million for the renewable energy programme now,” the EU ambassador said.
According to Karlsen, the EU would also give Nigeria additional €8 million as technical support for effective implementation of non-climate change issues in the country.
President Muhammadu Buhari had highlighted the climate challenges facing the country, saying, “Nigeria is a neighbour to the Sahara Desert, Lake Chad is shrinking while the population is exploding.”
Speaking during a meeting with the Nigerian Youths Climate Group shortly before his departure for Abuja at the conclusion of his engagements during the 74th Session of the United Nations General Assembly (UNGA74), in New York, the president added that, “It’s a challenging situation. With less land, less rainfall, these are very unique problems for the country.”
Agriculture is no doubt the mainstay of the Nigerian economy, as it contributes 40% of the Gross Domestic Product (GDP) and employs about 70% of the working population in the country (CIA, 2012). Agriculture is also recognised as the largest economic activity in the country.
It is, however, pertinent to note that agriculture and fisheries are highly dependent on the climate. Increases in temperature and carbon dioxide (CO2) can increase some crop yields in some places. But to realize these benefits, nutrient levels, soil moisture, water availability, and other conditions must also be met.
-
Sports4 days agoSenegal opens Dakar 2026 Youth Olympic Games, Africa’s first Olympic event
-
Latest7 days agoTinubu endorses Nigeria’s participation in 2026 World Travel Market London
-
Football5 days agoU-17 Women’s World Cup: Flamingos Beat Mexico to Reach Quarter-Finals
-
Business4 days agoNNPC’s N66-per-litre petrol discount set to end October 31
-
Latest5 days agoNetanyahu, Eisenkot face coalition deadlock as Israel struggles to form new government
-
Latest4 days agoINEC recognises Pantami for Gombe, keeps Kano NDC candidate off final list
-
Latest4 days agoFG Announces N50,000 cash support for vulnerable Nigerians under new relief programme
-
Latest4 days agoNDC Chieftain tells Atiku to drop presidential ambition over son’s support for Tinubu


