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Climate Clock: Activists demand an end to fossil fuel

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  MUHAMMED FARUQ DAMILARE Reporter Reporting From  Kwara  28 July 2024 As the Climate Clock ticks down below five years, signalling that there is little time left to keep global temperatures below 1.5 degrees Celsius, activists in Nigeria, including young people, journalists, environmentalists, and social rights campaigners, have called on the government to phase out the use of fossil fuels and transition to renewable energy to address the negative impacts of climate change. This demand, they argued, is critical given the enormous cost of climate change to the country’s economy, which is expected to rise. According to the United Kingdom’s Department for International Development (DFID), Nigeria is projected to spend between 6 percent and 30 percent of its GDP by 2050 if no real adaptation action is taken to mitigate climate disruption. Aliyu Sadiq, the National Coordinator of the Climate Clock in Nigeria, expressed his concerns about the figure, describing it as devastati...
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Account For Missing N100bn Dirty Notes, Group Tells CBN

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Muhammed Faruq Damilare  The Socio-Economic Rights and Accountability Project (SERAP) has asked the Central Bank of Nigeria (CBN) to account for “over N100 billion ‘dirty and bad notes’ and ‘other large sums of cash awaiting examination’ which are kept in various branches” of the apex bank. In a statement issued on Sunday, Kolawole Oluwadare, the Deputy Director of SERAP, criticized the apex bank for not providing information about the location of the mentioned amount. He said the group approached the Federal High Court in Lagos seeking an order to compel the CBN to “direct and compel the CBN to explain the whereabouts of the over N100 billion dirty and bad notes kept in various branches of the Central Bank of Nigeria (CBN) since 2017.” SERAP also wants the court to “direct and compel the CBN to explain the whereabouts of the N7.2bn meant for the construction of the CBN Dutse branch building in 2010 and the N4.8bn meant for the renovation of the CBN Abeokuta branch in 2009 and to p...
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