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    MarketForces Africa » MarketForces News » Tinubu Says Global Collaboration Key to Sustainable Development

    Tinubu Says Global Collaboration Key to Sustainable Development

    Olu AnisereBy Olu AnisereJanuary 15, 2025Updated:January 15, 2025 News No Comments3 Mins Read
    Tinubu Says Global Collaboration Key to Sustainable Development
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    Tinubu Says Global Collaboration Key to Sustainable Development

    President Bola Tinubu on Wednesday assured a global audience in the United Arab Emirates that Nigeria is ready to work with other nations to build a resilient, equitable and sustainable world for all.

    Tinubu said this while speaking on the topic, “From Climate Imperatives into Economic Prosperity: Bridging Africa with the Global Energy Future,” on the second day of the 2025 Abu Dhabi Sustainability Week.

    The President declared that no single nation could walk the road to sustainability alone, stressing that global interconnectedness demanded collective action, knowledge sharing and mutual support, Mr Bayo Onanuga, his spokesman, said in a statement.

    “The fight against climate change is not merely an environmental necessity but a global economic opportunity to reshape the trajectory of our continent and the global energy landscape.

    “As leaders, stakeholders and citizens of our planet, we stand at a critical juncture in human history. To succeed, we must innovate, collaborate and act decisively as one global community,” he said.

    Reiterating his administration’s commitment to reducing carbon emissions, Tinubu assured the audience that the Nigerian government had developed actionable programmes in line with global expectations.

    “We have embraced a vision of sustainability that aligns with global aspirations while addressing local realities.

    “Our efforts are anchored on three pillars: Energy Transition, Climate Resilience, and Sustainable Development.

    “My administration recognises the importance of reducing carbon emissions and a just transition to clean and renewable energy, promoting environmental sustainability and economic growth,” he said.

    He added that Nigeria is developing infrastructure for the widespread use of Compressed Natural Gas and electric vehicles and harnessing the potential in solid minerals to support the green energy transition.

    According to him, Nigeria is also implementing climate-smart agricultural practices to enhance food security and lessen its destructive environmental impact.

    These, he said, included the introduction of the National Clean Cooking Policy to promote clean energy, environmental and health benefits and socio-economic development in the African region.

    Tinubu said the government was working with local communities to implement solutions to mitigate the adverse consequences of the country’s environmental challenges.

    He said these challenges – deforestation, desertification, coastal erosion, flooding, and pollution – threatened the livelihoods of millions.

    He called on partner countries to collaborate in mobilising resources to tackle these challenges and embrace innovation and technology.

    “To promote a Green Economy in Africa, we must focus on integrating sustainable practices in all sectors of our economy.

    “These investments are capital intensive and require international support from partner countries, including multinational organisations, development partners and individuals,” he said.

    He said Nigeria became the first country in Africa to initiate funding of green projects through Sovereign Green Bond proceeds, the third issuance of which is in progress.

    “We urge investors to partner with us in this regard. Our administration remains committed to providing an enabling environment for businesses to thrive in Nigeria.

    “By partnering with global leaders and harnessing the power of technology, we are finding new and innovative ways to address our environmental challenges.

    “We have arable agricultural lands for advanced technological farming, including a bright future for Artificial Intelligence,” Tinubu said. #Tinubu Says Global Collaboration Key to Sustainable Development Goldman Sachs, IFC Partner African Banks to Empower Women Entrepreneurs

    Tinubu
    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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