Politics
Nigerians React As Ongoing COP28 Negotiations Prompt Worries Among Climate Experts (See Details)
As the 28th meeting of the United Nations Conference of the Parties (COP28) approaches its conclusion, concerns are mounting among climate justice advocates and negotiators over perceived unfavorable language in the daily negotiation texts. Climate advocates in Dubai have expressed mixed feelings about the political dynamics orchestrated by COP28 organizers and globally influential countries, particularly those labeled as major polluters….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶
Amidst this, climate change analysts and advocates stress the need for negotiators to strive for the most robust outcome to safeguard vulnerable communities facing threats due to ongoing oil, gas, and coal extraction.
Emerging concerns from the negotiation rooms, less than five days before the end of COP28, revolve around the Global Stocktake text released on Friday evening. Critics highlight the lack of equity and fairness to the demands of developing countries regarding the phasing out of fossil fuels. While the text acknowledges momentum for a full phaseout of fossil fuels, it falls short on issues of equity, such as requiring developed countries to phase out first and providing financial support for developing countries in their clean energy transition.
Climate analysts argue that the Global Stocktake, expected to conclude the first-ever global stocktake, must catalyze a just and equitable transition. It should signal governments and markets to accelerate investments in renewable energy, halt investments in new fossil fuels, emphasize the need for developed countries to phase out first, and provide adequate finance and technical support for developing countries.
In interviews with Nivo News, experts, including Nnimmo Bassey and Thuli Makama, express skepticism about COP28’s effectiveness, citing concerns about the choice of an oil executive as the COP president. Activists stress the urgency for real solutions, emphasizing the phaseout of fossil fuels with swift, fair, and full funding.
As COP28 nears its conclusion, the COP28 President, Sultan Al-Jaber, tasks ministerial pairs with working on consensus-building and finding bridging language and proposals. The ongoing role of fossil fuels, pledges made by countries like the U.S., and the push for real solutions, including agroecology and renewable energy, remain key points of discussion at the summit. The COP presidency plans to convene a “Majilis” from December 10, combining ministerial and heads of delegation consultations.
A group of Nigerians has staged a protest at the United Kingdom Parliament, calling for the removal of the Chairman of the Independent National Electoral Commission (INEC) ahead of the 2027 general elections.....KINDLY READ THE FULL STORY HERE▶
The demonstrators reportedly gathered outside the parliamentary complex, expressing dissatisfaction with the leadership of the electoral body in Nigeria and demanding immediate action.
They insisted that the INEC chairman should be removed, alleging concerns over credibility and trust in the electoral process as the country prepares for the next election cycle.
The protest drew attention from passersby and security personnel, as the group maintained their position that electoral reforms and leadership changes were necessary to restore public confidence.
Public commentator Mahdi Shehu has expressed concern over what he described as inadequate funding for military equipment, warning that it could endanger the lives of soldiers in active service.....KINDLY READ THE FULL STORY HERE▶
In a post shared on his official X account on Monday, Shehu reacted to reports suggesting that only a small fraction of the Nigerian Army’s 2025 budget for security equipment has been released.
He stated that although over ₦20 billion was approved for the procurement of security equipment, only about ₦1.7 billion—roughly 7 percent—has reportedly been disbursed so far.
Shehu questioned the possible impact of the funding gap on troop safety, suggesting it could be linked to growing battlefield casualties.
He also raised concerns about reported cases of soldiers abandoning their posts, implying that insufficient equipment and support may be contributing factors.
The commentator further asked what had become of funds borrowed in the name of addressing insecurity, calling for accountability in their use.
Shehu also suggested that delays or restrictions in releasing security funds could have serious consequences for both military personnel and civilians.
He expressed worry that different levels of government may not be fully meeting their responsibilities in ensuring the safety of lives and property.
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the ongoing tensions involving the United States, Israel, and Iran are triggering global energy shocks that are contributing to rising inflation in Nigeria.....KINDLY READ THE FULL STORY HERE▶
Speaking on the economic impact of the geopolitical crisis, Edun explained that disruptions in global oil markets have pushed up energy costs, which in turn are feeding inflationary pressures across countries, including Nigeria.
He noted that Nigeria, while implementing economic reforms, is still exposed to external shocks from global events, particularly those affecting crude oil prices and energy supply chains.
According to him, the ripple effects of the conflict are evident in rising transportation, production, and food costs, which continue to strain households and businesses.
Edun maintained that the government is monitoring the situation closely and adjusting its economic policies to cushion the impact, while also strengthening reforms aimed at stabilising the economy amid global uncertainty.
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