General
UN Advocates Shift to Low-Carbon Economy for New Opportunities
By Adedapo Adesanya
The United Nations has advised countries, including Nigeria, to shift to a low-carbon economy in order to unlock new jobs and opportunities, but warned it must be done in a way that is as socially and economically fair as possible for everyone.
This is according to on-the-ground case studies contained in a new report from UN Climate Change.
The report, which was prepared by the Katowice Committee of Experts on the Impacts of the Implementation of Response, compiles some of the best practices from different countries that are already implementing just transition and economic diversification strategies.
The concept of a “just transition” recognises that a shift to a more sustainable economy can have significant impacts on workers and communities that are currently dependent on fossil fuels.
A just transition means transforming the economy and economic system in a way that is as fair and inclusive as possible to everyone concerned, creating decent work opportunities and leaving no one behind.
The report underscores that there is no ‘one size fits all’ approach when it comes to just transition. Just transition strategies must be tailored to each individual country.
In Nigeria, for example, just transition needs to be seen through the lens of adapting to the impacts of climate change.
Roughly 70 per cent of Nigerians work in farming or fishing. But the country is facing steep declines in agricultural productivity due to extreme weather events and more frequent and severe droughts. There is widespread recognition that new jobs and methods of production are needed.
In 2018, the Nigeria Labour Congress (NLC) launched a joint project with Friends of the Earth Nigeria on just transition in two sectors – agriculture and petroleum.
The project had two goals: build a shared understanding and political agenda between Nigerian trade unions, civil society and communities regarding what a just transition would look like for these two sectors in Nigeria; and develop models and best practices for other unions.
The report also finds that including training and skill-development initiatives in national climate action plans and electricity, roadmaps can create equitable and long-lasting energy policies.
It highlights the Marshall Islands’ Island Eco initiative, which provides technical training to women to assemble, install, operate, and maintain solar-powered equipment, helping the country achieve its goal of 100 per cent renewable energy by 2050.
The initiative is also contributing to the creation of decent work conditions in the country.
“To ensure no one is left behind, countries need just transition and economic diversification policies that are comprehensive, inclusive, and based on social dialogue and stakeholder engagement,” said Mr James Grabert, Director of Mitigation at UN Climate Change.
“These policies need to be integrated into national climate action plans, as well as in national adaptation plans, to avoid exacerbating inequality,” he added.
By Modupe Gbadeyanka
A hotline number, 0800 123 5264, for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS), commonly known as petrol, above the approved pump price of N739 per litre, has been released by Dangote Petroleum Refinery.
The private refiner said the number was now active nationwide, enabling consumers to promptly report violations and help maintain fair pricing across over 2,000 MRS stations.
This measure follows the refinery’s recent commencement of nationwide PMS sales at N739 per litre—a strategic intervention aimed at stabilising fuel prices and easing the financial burden on Nigerians during the festive season.
“We encourage Nigerians to avoid purchasing PMS at inflated prices when locally refined fuel is available at N739 per litre.
“Report any MRS station selling above this price by calling our hotline. Together, we can ensure that the benefits of this price reduction reach every consumer,” the company stated in a statement.
The organisation stressed its mission to deliver affordable, high-quality fuel while safeguarding national economic interests, reaffirming its commitment to steady supply, backed by a guaranteed daily output of 50 million litres, and warned against attempts to create artificial scarcity or manipulate supply.
Regulatory authorities have been urged to remain vigilant and take decisive action against unpatriotic practices.
By refining locally at scale, Dangote Refinery is reducing Nigeria’s dependence on imports, conserving foreign exchange, stabilising the Naira, and strengthening energy security. This initiative represents a significant milestone in the country’s journey toward sustainable energy solutions and economic recovery.
The refinery also issued a stern warning against attempts by unscrupulous operators to create artificial scarcity in response to the price reduction, calling on government agencies to act decisively.
“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable. We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the statement added.
Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.
By Bon Peters
The Airport Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA) at Omagwa Rivers State has praised the Customs Area Controller for Customs Area 1 Command, Comptroller Salamatu Atuluku.
At the end-of-the-year party attended by stakeholders, including the leader of the association’s chapter, Mr Charles Onyema, said the customs officer has done well in stakeholder engagement and trade facilitation.
At the event held last Friday, he said his association has been enjoying a very cordial relationship with other organisation in the ecosystem.
“You can see what is happening today, everybody is working together and our operations here are seamless,” he noted.
He stated that apart from creating a very robust business environment for his members and other stakeholders to operate, he has taken a decision to build and commission a befitting ANLCA Secretariat which would be completed soon and be commissioned by the ANLCA national president, Mr Emenike Nwokeoji.
The ANLCA chapter chief said since “Comptroller Salamatu Atuluku assumed office at Customs Area 1, Port Harcourt Command, it has been a different ball game, facilitating trade and increasing Revenue generation.”
“I remember I told her she was a mother during her maiden visit to the airport.
“You know when you have a woman in charge of an affair, food will not lack, compassion will not lack and motherly love will not lack.
“She is very wonderful in stakeholder engagement, revenue generation and trade facilitation,” Mr Onyema enthused.
Projecting into the future, Mr. Onyema said the year 2026 would be better for his members, adding that he has advised them on financial discipline which he said would help them during the trying period.
By Adedapo Adesanya
The federal government has declared Thursday, December 25, and Friday, December 26, 2025, as public holidays to mark Christmas and Boxing Day respectively.
The government also declared Thursday, January 1, 2026, for the New Year celebration.
The declaration was contained in a statement issued on Monday by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani, on behalf of the Minister of Interior, Mr Olubunmi Tunji-Ojo.
According to the statement, the Minister urged Nigerians to reflect on the values of love, peace, humility and sacrifice associated with the birth of Jesus Christ.
Mr Tunji-Ojo also called on citizens, irrespective of faith or ethnicity, to use the festive season to pray for peace, improved security and national progress.
He further advised Nigerians to remain law-abiding and security-conscious during the celebrations, while wishing them a Merry Christmas and a prosperous New Year.
Business Post reports that on these public holidays – the foreign exchange market, the Nigerian Exchange (NGX), as well as the NASD Over-the-Counter (OTC) Securities Exchange will not open to trade.
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