Queue at the filing station The President, Petroleum Products Retailers Owners of Nigeria( PETROAN), Dr Billy Gills Harry, says the reduction of the product, by the Nigerian National Petroleum Company Limited( NNPCL) is good for the nation'struggling economy, as it would help in soften the difficult situations posed by the sharp rise in the price of petroleum products. While reacting to the issue through a statement issued and signed to the NEWSMIRROR yesterday, Harry said that the slight reversal of the price by NNPCL shows that the government is committed to the alleviation of the problems of the masses. According to him, the reduction in the price per litre of Petrol Motoring Spirit( PMS) from N1,020 per litre to N899 per litre is good, adding that the country will soon get over its problem, if the readjustment of the economy continues. Also, PETROAN's Public Relation Officer, Dr Joseph Obele said that Dangote Petroleum Refinery had earlier started the r...
Sign MoU on reducing Greenhouse Gas emissions from agric sector
Many countries, including Nigeria stand to benefit from the $12billion, which the United States of America ( USA) has set aside to mitigate the impacts of climatic change in the world, Mr John Kerry, Special Envoys on climatic change to the President Biden of U.S has said.
This happens as the Federal Ministry of Agriculture and Rural Development signed a letter of intent with the U.S. government to reduce Green House Gas emission from the agriculture sector by 74 million tonnes by 2030.
Kerry, who spoke in Abuja, yesterday, said Nigeria is one of the countries in Africa that would suffer the most from the consequences of climate crisis.
He also informed his audience that it has been predicted that Lagos would be wiped off by 2050 (28 years from now) due to the impacts of climate change.
John who stated this during his visit to Timipre Sylva, Minister of State for Petroleum, further said emissions from Nigeria or anywhere in the world would affect Mother Earth.
He spoke further on the need to fight this development, asking Nigeria on how it would join forces together with U.S on the need to tackle climate change.
“So, how do we work on it together? What do we do? Well, the problem of the climate crisis is the emissions.
“What we don’t want to have happen is that Nigeria and other countries make a decision that they’re going to build out a capacity infrastructure that is going to undo what we’re trying to do and set us back. Now, we had a huge amount of agreement in our conversation.
“The minister made it very clear to me that Nigeria intends to be thoughtful about these 10 years. But beyond that, realising that we have this cushion here, we have a few years during which gas will be part of the transition. No question.
“But after you get past those 10 years or so, everyone is going to have to be on a glide path where you’re reducing emissions, because otherwise, we can’t reach net-zero by 2050.”
Across Africa, most stakeholders have expressed the need to allow Africa use its hydrocarbon resources to develop, given the level of under development, poverty and funding required for cleaner energy. But climate change activists are worried over that.
Kerry said the U.S. would double the amount of money going into adaptation and resilience, adding Biden has put together the “President’s Emergency Programme for adaptation and resilience, and it has put $12 billion on the table, as part of that programme, to help countries be able to do what we need to do to reduce the obvious impacts of the climate crisis.”
Also, the Federal Ministry of Agriculture and Rural Development signed a letter of intent with the U.S. government to reduce Green House Gas emission from the agriculture sector by 74 million tonnes by 2030.
The letter was signed by Kerry and Minister of Agriculture and Rural Development, Dr. Abubakar Mohammed.
Mohammed said the agricultural sector was selected as one of five sectors to implement the Nationally Determined Contribution (NDC) action plan, through climate smart agriculture.
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