More
    HomeBusiness NewsEconomyNES #30: Nigeria Loses 50% of Agricultural Produce to Climate Change in...

    NES #30: Nigeria Loses 50% of Agricultural Produce to Climate Change in 2023

    Published on

    spot_img

    Assalama Sidi, Regional Director for West and Central Africa at Oxfam International, revealed at the Nigeria Economic Summit in Abuja that Nigeria lost approximately 50% of its agricultural produce to climate change in 2023.

    This significant loss resulted in a staggering $2.12 billion deficit, exacerbating food insecurity and inflation.
    Sidi emphasized the need for increased investment to mitigate climate change’s impact on Nigerian citizens. Climate change is disproportionately affecting vulnerable populations, particularly women and girls, who face heightened impacts during hunger crises. The agricultural sector, which traditionally employed 70% of Nigeria’s workforce, is now in decline due to climate challenges.
    Climate Change Disparities in Africa
    Africa, particularly the Sahel region, has a per capita carbon emission six times lower than the global average. However, temperatures are rising 1.5 times faster in West Africa, leading to severe flooding, droughts, and significant declines in agricultural yields.
    This disparity highlights the unfair treatment of poor African nations, forced to incur debt to address climate change consequences while global polluters fail to uphold their Paris Agreement commitments.
    Call for Climate Justice
    Sidi condemned this injustice, stating that countries like Chad, Nigeria, and Cameroon must borrow money from polluters to address climate change, increasing their debt. She advocated for climate justice, insisting that polluters bear their fair share of climate impact costs.
    The resulting food inflation surged to 40% in March 2024, disproportionately affecting those living on less than two dollars a day. As the world grapples with climate change, it is essential to prioritize climate justice and support vulnerable communities like Nigeria.
    According to the World Bank, global food price inflation remains high, with 77.3% of low-income countries experiencing inflation above 5%.
    The international community must work together to address climate change and ensure food security for all.

    Kindly share this story:

    Contact: [email protected]

    Stay informed!
    Follow us on: X.com: @TheReporter2024
    Follow us on: Facebook: TheReporterNigeria
    WhatsApp for breaking news, updates and exclusive content. Don't miss a headline – Click below to join now!
    WHATSAPP

    Latest articles

    News Analysis: Navigating leadership challenges at NAHCON: A call for unity and cooperation

    By Haroon-Ishola Balogun The National Hajj Commission of Nigeria (NAHCON) is at a pivotal crossroads....

    Emir of ilorin pours encomiums on Yusuf Ali SAN, explains why he turbaned him Kuliya Ngeri of Ilorin

    By Demola Akinyemi, Ilorin  Chairman of Kwara state Council of Traditional rulers, and Emir of...

    Why security operatives can’t stop terrorist attacks in Plateau — Gov. Mutfwang

    Plateau State Governor Barr. Caleb Manasseh Mutfwang, in a television interview monitored by Marie-Therese...

    Bloodshed on the Plateau: 136 communities lost to terrorists

    Plateau State, the beautiful gift of nature to the nation has been violated by...

    More like this

    News Analysis: Navigating leadership challenges at NAHCON: A call for unity and cooperation

    By Haroon-Ishola Balogun The National Hajj Commission of Nigeria (NAHCON) is at a pivotal crossroads....

    Emir of ilorin pours encomiums on Yusuf Ali SAN, explains why he turbaned him Kuliya Ngeri of Ilorin

    By Demola Akinyemi, Ilorin  Chairman of Kwara state Council of Traditional rulers, and Emir of...

    Why security operatives can’t stop terrorist attacks in Plateau — Gov. Mutfwang

    Plateau State Governor Barr. Caleb Manasseh Mutfwang, in a television interview monitored by Marie-Therese...