Why Nigeria may lose billions to climate change impact, by Sanwo-Olu’s aide

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The Nation Newspaper Why Nigeria may lose billions to climate change impact, by Sanwo-Olu’s aide

on climate change and the circular economy, has warned that failing to address climate change promptly will result in significant economic losses for the country that may run into billions of naira in the future.

However, she highlighted the potential for substantial economic opportunities, citing a report from Manufacturing Africa that projects an economic boom worth $2.7 billion by 2030 if Nigeria leverages its inherent resources and sectors such as agriculture, solar energy, and green manufacturing.

“Businesses must innovate and push the boundaries of technology to drive sustainability,” she said, highlighting the need for the private sector to lead in adopting sustainable practices and technologies.

 

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