Economy

Driving Sustainability: ARE Champions Circular Battery Management in Emerging Markets

Leave a Comment / Africa, Biodiversity, Clean Energy, Climate Action, Climate Change, Climate Change Activist, Economy, Environmental Issues, Greener Future /

The Alliance for Rural Electrification (ARE) is leading the charge for a greener Distributed Renewable Energy (DRE) industry, calling on stakeholders to adopt its groundbreaking Circularity Guideline. This initiative aims to establish high standards for managing end-of-life batteries, with a focus on quality, durability, warranties, maintenance, repair, and sound recycling practices. Organizations, companies, and other […]

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FG earmarks N127.27bn for agric intervention fund

Leave a Comment / Agriculture, Climate Action, Climate Finance, Economy, Greener Future, Nigeria /

The Federal Government has unveiled a plan within the proposed 2025 budget, allocating N127.27 billion to drive fertilizer production and enhance food security. This strategic intervention reflects the government’s renewed commitment to curbing inflation, bolstering farmers’ incomes, and ensuring sustainable food supply chains. According to details of the budget, Nigeria’s fertilizer sector is on the

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Nigeria, Saudi target deals in energy, agric sectors

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President Bola Ahmed Tinubu and Saudi Crown Prince Mohammed bin Salman have agreed to explore ways to bolster Nigeria’s economy through energy, agriculture, and infrastructure.                        They also considered establishing a Nigeria-Saudi Business Council to drive bilateral ties between the two oil-producing nations. The two leaders resolved on these at the sidelines of the Joint Arab-Islamic

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Nigeria eyes 1,500MW renewable boost with new REA, Afnani MoU

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The Rural Electrification Agency (REA) has signed a Memorandum of Understanding (MoU) with Anfani Energy Limited to catalyze funding and technological innovation for the implementation of 1,500MW renewable energy projects in the next three years. The Federal Government has already provided $ 750 million to attract $ 1.1 billion in funding from private investors for

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Federal Government to Empower 600,000 Farmers in Major Food Production Drive to Tackle Inflation

Leave a Comment / Agriculture, Climate Action, Economy, Nigeria /

The Federal Government is scaling up efforts to boost food production. It plans to support 600,000 farmers in the cultivation of about one million hectares. It plans to promote the cultivation of wheat next month, and which planting of rice has been scheduled for January and February 2025. Speaking at the Nigerian delegation’s briefing at

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President Tinubu Praises NIPCO for Investments in Nigeria’s CNG Sector

Leave a Comment / Clean Energy, Climate Change, Climate Finance, Economy, Energy, Greener Future, Nigeria /

In a statement made available today October 22, 2024 by Bayo Onanuga, the Special Adviser to the President on Information & Strategy said President Bola Ahmed Tinubu, GCFR has commended NIPCO for its significant investments in Nigeria’s Compressed Natural Gas (CNG) sector. During a meeting with the company’s executives at the State House in Abuja,

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The African Union Commission (AUC) Unveil the 37th AU Summit Agenda

Leave a Comment / Africa, Agriculture, Climate Finance, Economy, Peace and Security /

The AUC has unveiled the programs of the event for the 37th AU Summit slated for 14th – 18th February 2024 in Addis Ababa, Ethiopia. According to the information made available through the Commission X (Twitter) handle, the program of the Summit this year will focus on the following thematic areas: 1. Peace & Security2.

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