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Tinubu to participate in COP 28 climate summit in Dubai, departs Nigeria Wednesday
President Bola Tinubu is scheduled to depart from Abuja on Wednesday to attend the COP28 Climate Summit in Dubai, United Arab Emirates. The summit, officially known as the 28th United Nations Climate Change Conference or Conference of the Parties of the UNFCCC (COP28), will host the World Leaders’ Summit on December 1 and 2, 2023, under the theme “Unite, Act, and Deliver.”
During the summit, President Tinubu will deliver a national statement, outlining Nigeria’s position on various thematic issues, with a focus on renewable energy and climate financing. Recognizing the severe impact of climate change on Nigeria, including desertification, flooding, erosion, drought, and associated national security risks, Tinubu will use the platform to advocate for increased financial and technical support for developing nations.
President Tinubu will also emphasize developed countries’ commitment to providing $100 billion annually to support localized initiatives addressing climate change challenges. His message will stress accountability for businesses and institutions, aligning with Nigeria’s dedication to sustainable and responsible practices.
The Nigerian delegation accompanying President Tinubu to COP28 will actively explore the establishment of new and deeper bilateral partnerships. These partnerships will support the implementation of Nigeria’s Energy Transition, Article 6 Projects, Internationally Transferred Mitigation Outcomes (ITMOs), Technology Transfer, Capacity Building, and Methane Mitigation.
During his stay in Dubai, President Tinubu will actively participate in key side events that align with his commitment to attract foreign direct investment, aiming to enhance wealth creation and revenue expansion in Nigeria. The President, accompanied by senior government officials, is expected to return to Abuja at the conclusion of the summit, according to a statement by Ajuri Ngelale, Special Adviser to the President on Media & Publicity.
Benson Upah, spokesperson for the Nigeria Labour Congress (NLC), has cautioned that Nigerians might eventually face petrol prices of N5,000 per litre.
In an interview with Weekend Trust, Upah criticized the recent increase in fuel pump prices and argued that it contradicts the agreement previously made between the NLC and President Bola Tinubu’s administration.
He asserted that the Federal Government’s claims of restoring the fuel subsidy are untrue.
Upah remarked, “The subsidy was never reinstated as they have stated. So, what justifies the rise in pump prices from N650 to N1,500 or even N2,000?
“This situation suggests that we might not have seen the worst yet. There is a possibility that fuel prices could reach N5,000 per litre. We hope it doesn’t come to that, but if it does, it will be up to Nigerians to make the decision.”
The Nigerian Education Loan Fund (NELFUND) has announced the receipt of a two million Naira bank draft from Adegboyega Awomolo, SAN, a former student loan beneficiary.
This information was disclosed in a statement by Monalisa Dike from the Corporate Communications Department of NELFUND on Friday in Abuja.
Dike noted that Awomolo had received the loan during his undergraduate studies at the University of Ife (now Obafemi Awolowo University) from 1975 to 1977.
She mentioned that Awomolo had fully repaid the loan, showing his strong commitment to the country.
“The original loan amount was N1,000 for two academic sessions, which played a crucial role in his completion of the law degree.
“Although Awomolo had attempted to repay the loan several times over the years, he was only able to settle it now.
“In his letter to NELFUND’s Managing Director, Mr. Akintunde Sawyerr, Awomolo expressed his appreciation for the student loan opportunity provided by the Nigerian government,” Dike said.
She added that Awomolo praised the transparency and accountability NELFUND has shown in managing student loans.
Dike emphasized that Awomolo’s repayment highlights the enduring impact of President Bola Tinubu’s initiative and NELFUND’s continued importance in supporting Nigerian students.
She also mentioned that the repaid funds will be used to support the education of current students in need of loans.
The Niger Delta Development Commission (NDDC) has issued a warning to the public about scammers pretending to represent the NDDC Youth Internship Scheme.
The NDDC also noted that registration for the scheme ended on August 31, 2024.
This information was released in a statement on Friday by Seledi Thompson-Wakama, Director of Corporate Affairs at the commission, and shared with DAILY POST.
The statement reads, in part: “We have received reports of individuals receiving unsolicited messages claiming they have been selected for the NDDC Internship Scheme, which includes requests for personal information and an acceptance fee.
“The NDDC does not charge any fees for placing qualified youths in its internship programme. We want to make it clear that these fraudulent selection messages are not affiliated with the NDDC.
“Any official communication from us will only come through our verified websites and social media channels. If you receive a message like this, please ignore it and report it to the relevant authorities. Your safety and privacy are our top priorities.
“For genuine inquiries about our empowerment programs, please contact us directly through our official channels.”
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