September 7, 2024

COP 28: Tinubu flies to Dubai shortly after budget presentation

Barely some hours after presenting the 2024 Appropriation Bill, President Bola Tinubu left Abuja, Nigeria, on Wednesday for Dubai, United Arab Emirates, where he is slated to attend the COP28 Climate Summit.

Tinubu will make an address detailing Nigeria’s stance on numerous subject problems, including renewable energy and climate funding, at the summit set for December 1 and 2, 2023.

Mindful of the severe impact of climate change on Nigeria, such as desertification, flooding, erosion, drought, and national security risks arising therefrom, President Tinubu will maximize the opportunity afforded by the platform to advocate increased financial and technical support for developing nations while reminding developed countries of their public pledge to provide $100 billion annually for support to localized initiatives to address climate change-related challenges.

Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale, said in a statement on Tuesday that the President will be accompanied by senior government officials.

While in Dubai, President Tinubu will actively participate in key sideline events, which will further support the advancement of his avowed commitment to aggressively attract foreign direct investment for enhanced wealth creation and revenue expansion in the country, in addition to other events hosted by the Nigerian delegation.

COP 28 will focus on four paradigm shifts:

  • Fast-tracking the energy transition and slashing emissions before 2030;
  • Transforming climate finance, by delivering on old promises and setting the framework for a new deal on finance;
  • Putting nature, people, lives, and livelihoods at the heart of climate action; and
  • Mobilizing for the most inclusive COP ever.

 

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