Federal Government Meets Investors on the Issuance of Sovereign Green Bonds

“Nigeria is committed to sustainable economic development. The Lagos Event is a concrete step in the process of developing and issuing our 2017 sovereign green bonds program ‘- Amina Mohammed, Minister of Environment.

Nigeria’s aspiration to become a green economy inches closer as The Federal Government meet investors and Capital Markets Operators in Lagos for the first ever Green Bonds Conference.

Themed “Green Bonds: Investing in Nigeria’s Sustainable Development”, the Conference is organized by the Federal Ministry Environment in collaboration with Federal Ministry of Finance and Debt Management Office and will take place on Thursday, the 23rd of February 2016 at the Nigerian Stock Exchange, Lagos.

Lagos, Warri, Port Harcout, Calabar May be threatens by rising sea level says minister

FG on Thursday warned that about 32 million residents along the coastlines in Lagos and the Niger Delta region may be displaced because of the rise in sea level. The government noted that with an accelerated sea level rise of 0.5 meters, 35 per cent of the Niger Delta landmass would be lost.

It added that with accelerated sea level rise of 1.0 meters, 75 per cent of the Niger Delta will be gone under water.

The Minister of Environment, Laurentia Mallam, alerted the coastline residents to the looming danger at this year’s World Environment Day, with the theme: Raise Your Voice Not the Sea Level.