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Economy: Climate Change Can Shrink Nigeria’s GDP By 4.5%- World Bank

Ugodre Obi-chukwu by Ugodre Obi-chukwu
June 11, 2013
in Uncategorized
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World Bank

Decline in agricultural production induced by climate change can reduce the nation’s Gross Domestic Product by as much as 4.5 per cent by 2050 if urgent actions are not taken now, the World Bank has warned.

The bank said this in a report, ‘Toward climate-resilient development in Nigeria,’ presented at a ceremony in Abuja on Monday, which had in attendance the Minister of Environment, Mrs. Hadiza Mailafia.

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Tags: News Review
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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