Osinbajo, Ex-Colombia President, AfDB Lead New Job Creation Effort

The federal government is now pioneering a voluntary billion dollars’ worth Carbon Market on the continent, a new and innovative Climate Change solution which will create, over the period of energy transition, millions of new jobs in Nigeria alone, according to estimates of the international experts.

This is part of efforts of the federal government to attain the global net-zero emissions target, and vice president Yemi Osinbajo, is a member of the recently formed international Steering Committee for the Africa Carbon

Markets Initiative (ACMI), with the objective of facilitating the emergence and growth of the market in Africa

Besides Prof. Osinbajo, other members of the Committee of the ACMI, which would be announced early in November at the COP27 meeting in Egypt are former president of Colombia, Ivan Duque Marquez; President of the African Development Bank, Akinwumi Adesina, among others, including officials of the United Nations, USAID, Gates Foundation and other international private sector players.

According to a statement by the spokesman of the vice president, Laolu Akande,ACMI’s estimates suggest that Nigeria alone could produce up to 30 million carbon credits per year by 2030, which at $20/credit would be worth over half a billion dollars annually.

According to the estimates by the ACMI, “at this level of production the industry could potentially support over 3 million Nigerian jobs. And Nigeria has only a portion of Africa’s total potential—the impact for the continent as a whole could be far greater.”

The jobs would span the period of the energy transition, starting from the time the market is able to kickoff, till 2060..

#Watchvideo : SECURITY FORCES BURST THE CAMP OF UNKNOWN GUNMEN IN AKOKWA

Security Forces in the state through a coordinated intelligence report has bursted the camp of the unknown gunmen at Akokwa, Arondizuogu after a long gun duel which resulted to the death of some of the criminals and others arrested. These criminal elements have been known to be behind several attacks in the state such as the killing of police men in Mbaise, Aba Branch in Ehime Mbano, burning down of police stations, attack and attempted kidnapping of former Governor Ikedi Ohakim, abduction of Miss. P.P. Johnson, a female soldier in Okigwe and recently the attack in Akokwa that left many dead. It is obvious that these daredevil gunmen have been perpetuating their evil plans unabated until yesterday when their camp was bursted by security agencies. This is another assurance that our security operatives are leaving no stone unturned in the fight against banditry and other related activities. While it has become obvious that the activities of these non state actors are politically motivate

BREAKING NEWS: NARD SET TO CALL OF STRIKE AFTER SENATE'S INTERVENTION

••• Cancels Planned National Protest Striking members of the Nigerian Association of Resident Doctors (NARD) are set to call off their two week old strike after a closed door meeting with Principal Officers of the Senate on Tuesday. Adressing the media shortly after the closed door meeting with President of the Senate, Godswill Akpabio and other Principal Officers of the Senate, National President of the association, Dr Emeka Innocent Orji, stated "we had a very fruitful meeting with the Senate led by the President of the Senate and from our discussions with them, we are very hopeful that when we table our discussions today before the NEC, something positive would come out. "From our interaction with the President of the Senate and the practical demonstration he did before us today, we are very confident that there would be light at the end of the tunnel in the next 24 hours. "Because of the intervention of the President of the Senate, who is the number three citizen an

BREAKING: 2Baba Shot Dead In Rivers State

A notorious cult leader and the prime suspect in the brutal murder of the late Divisional Police Officer, SP Bako Angbashim, in the state, Gift Okpara, popularly referred to as 2Baba, has been reportedly killed in a police-led major security raid. The police and other security agencies were said to have conducted land and aerial raids at the identical hideout of the Iceland cult leader and his gang at Idu-Ekpeye in Ahoada East local government area of Rivers on Saturday, February 17. According to The Nation , the Iceland cult leader was reportedly feared dead after the operation. Recall that in September 2023, the late DPO was ambushed and captured by the cult group led by 2Baba in the Odiemudie community, Ahoada East LGA. 2Baba and his gang then took the DPO to the forest, where they killed him and dismembered his body. The cultists then filmed him. Another source, Obi, said he saw no less than 15 vehicles and an Armored Personnel Carrier (APC) during the operation.

NIGERIAN NOTCH

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