Connect with us

General

BCG Launches New Centre to Address Climate Change Impact

Published

on

climate change impact

By Aduragbemi Omiyale

A platform aimed to address the impact of climate change and accelerate progress toward net-zero has been launched by Boston Consulting Group (BCG).

The organisation said the Centre for Climate & Just Transition in Africa is part of its global focus on helping companies and governments accelerate their climate and sustainability journeys.

Africa is disproportionately exposed to the risks posed by climate change. Increased climate volatility, rising water scarcity and the occurrence of extreme events such as droughts and floods will have a devastating effect on local livelihoods and regional food systems.

The devastating impact of climate change on farmers’ productivity and recent floods in Lagos, Nigeria bear testament to this.

BCG said the centre has already more than 50 core members across Africa and is led by a passionate team, with responsibilities across countries and topics.

The leadership team is all based in Africa and the vast majority are Africans, consistently with its ambition to unlock the full potential of Africa.

“Both Climate and Africa are priorities for BCG globally, and that is why we are launching our Centre for Climate & Just Transition in Africa, with the purpose of unlocking the full potential of Africa to advance climate action and a Just Transition,” said Lucas Chaumontet, Managing Director and Partner at BCG, Johannesburg.

“Nigeria’s economic development has been impeded by the poor power supply for many years due to several factors, not least the degradation and under-capacity of the power infrastructure in the country.

“However, the passage of the Nigerian Electricity Bill 2022, which empowers states to generate electricity and licence investors to install mini-grids, renewables and power plants, is a key ingredient for a just transition to net zero whilst addressing the urgent need for energy access,” said Oluseun Solanke-Ebhojie, Partner and Associate Director, BCG Nigeria.

“We believe that when the electricity bill becomes law and is properly implemented, it will go a long way in strengthening the power sector and accelerating access to electricity for all Nigerians.”

“Through the Centre, global and local experts from the public and private sectors and across the sustainability spectrum will engage, share knowledge and be able to access a vast library of relevant tools to achieve these aims.

“By bringing together a full suite of mitigation, adaptation and just transition capabilities to a broad set of industries and governments across the continent we will be able to accelerate impact in the climate space,” said Chaumontet.

General

UK Strengthens Ties With Kano, Jigawa on Sustainable Development

Published

on

UK Kano Jigawa

By Adedapo Adesanya

The United Kingdom has reaffirmed its development partnership with Kano and Jigawa States, as part of its long-term commitment to development and reform in northern Nigeria.

The Head of Development Cooperation at the British High Commission Abuja, Ms Cynthia Rowe, recently completed high-level engagements with governors of both states as well as senior government officials and civil society leaders.

The discussions underscored the UK’s modern approach to development as a genuine partnership with Nigeria, which prioritises state-led ownership and sustainable development that delivers lasting impact through strengthening systems and partnerships grounded in investment, trade, climate financing, technical expertise and joint accountability.

According to a statement, the Foreign Commonwealth and Development Office, via the British High Commission, said Nigeria remains one of the UK’s most significant development partners, adding that the engagements underlined the strength and ambition of the bilateral relationship reaffirmed during the recent UK-Nigeria State Visit.

In Kano, Ms Rowe met with Deputy Governor Alhaji Murtala Sule Garo and senior officials, including the newly confirmed Head of Civil Service and Secretary to the State Government. The visit recognised Kano’s progress on climate finance, health system reform and private sector investment supported through UK technical assistance.

In Jigawa, she met with Governor Umar Namadi and heads of key ministries, departments and agencies. The meeting celebrated more than 25 years of UK-Jigawa partnership, one of the most longstanding bilateral development relationships at the subnational level in Nigeria. Discussions covered the state’s continued progress on health systems reform, agriculture, and governance and the path forward under UK technical assistance.

Since 2022, PLANE has supported Kano, Kaduna and Jigawa to strengthen state-led education delivery systems, working through Ministries of Education, SUBEB and key agencies. Its RANA+ foundational learning packages have reached 1.4 million pupils across the three states, alongside wider system strengthening.

Speaking on this, Ms Rowe said, “For more than 25 years, we have worked side by side with state governments, including Jigawa and Kano states, their communities, and civil society to build stronger health systems, improve learning outcomes for millions of children, support farmers to grow their businesses, and help states attract the investment they need to thrive.

These visits have reinforced our confidence in what this partnership can achieve. We are working together to deliver lasting change, and deepening a relationship built on genuine mutual respect and shared ambition for Nigeria’s growth and development.”

Continue Reading

General

CBN Partners NiMet to Integrate Climate Data Into Economic Planning

Published

on

CBN Ways and Means

By Adedapo Adesanya

The Nigerian Meteorological Agency (NiMet) has signed a Memorandum of Understanding (MoU) with the Central Bank of Nigeria (CBN) on data sharing to enhance economic productivity.

This was done at a meeting at CBN Head Office in Abuja, where the weather body led by its Director General, Mr Charles Anosike, on Wednesday, highlighted the importance of integrating weather and climate data into economic research, especially in sectors such as agriculture, energy, and transportation.

He noted that extreme weather events can reduce agricultural productivity and threaten food security.

He added that the collaboration aligns with the Renewed Hope Agenda of President Bola Tinubu, which prioritises food security through major agricultural investment, including the cultivation of 10 million hectares of land and the distribution of mechanised equipment.

Mr Anosike cited a 2026 World Bank report that showed that extreme weather driven by climate change is significantly affecting global food security, with more than 87 million people facing hunger in East and Southern Africa and 52 million in West and Central Africa.

He also referenced the latest Berkeley Earth Report, which projects that 2026 is likely to be the fourth warmest year on record, a trend that continues to shape agricultural and energy market projections.

In his remarks, Mr Muhammad Sani Abdullahi, Deputy Governor, Economic Policy Directorate of the CBN, said the signing of the MoU marked an important step in strengthening the partnership between two key national institutions whose mandates intersect in data, research, and policy support.

He emphasised that, in an increasingly complex and dynamic economic environment, timely and reliable data remain essential for effective policy decisions.

According to him, the Economic Policy Directorate relies heavily on timely and credible statistical information from NiMet, saying that such data are critical for inflation monitoring, agricultural sector assessment, and broader economic policy advisory functions.

He described the initiative as both timely and important, adding that strong institutional partnerships are essential for strengthening evidence-based policymaking and improving the robustness of national data systems.

At the close of the event, Mr Anosike and Mr Sani Abdullahi signed the MoU on behalf of their respective institutions.

Continue Reading

General

POS Operators Barred Within 200 Metres of Police Stations

Published

on

IGP Tunji Disu

By Adedapo Adesanya

The Inspector-General of Police (IGP), Mr Tunji Disu, has ordered an immediate nationwide ban prohibiting Point-of-Sale (POS) operators from running their businesses within a 200-metre radius of any police station, divisional headquarters, or police formation across Nigeria.

This directive, released via an internal police wireless message, addresses critical systemic challenges regarding extortion and corrupt financial practices within law enforcement facilities.

The order is to be strictly enforced nationwide, with senior officers overseeing various formations to be held accountable for any breach of the directive.

The Nigeria Police Force stated that the measure is intended to strengthen transparency, accountability, and public confidence in the policing system.

The decision comes after an alarming proliferation of POS businesses near police facilities, with investigations and public complaints revealing that some operators were actively complicit in facilitating extortion, bribery, and illegal cash transfers forced upon civilians or suspects during police encounters.

Under the directive, Assistant Inspectors-General of Police (AIGs), State Commissioners of Police (CPs), and heads of formations will be held vicariously liable for any breach within their jurisdictions.

The IGP’s order states: “Any officer or POS merchant found flouting the 200-metre operational boundary or colluding in illicit transactions will face immediate disciplinary and criminal actions under extant laws.

“If you are a POS agent or looking into regulatory compliance for financial services in Nigeria, let me know. I can provide details on current Central Bank of Nigeria (CBN) radius registration guidelines or share methods to report officer misconduct directly to the Force Headquarters.”

Continue Reading

Trending