• About Us
  • Home
Tuesday, July 1, 2025
Shaka Momodu
  • Right Of Reply
  • News
  • Politics
  • Business
  • OpEds
  • Sports
No Result
View All Result
  • Right Of Reply
  • News
  • Politics
  • Business
  • OpEds
  • Sports
No Result
View All Result
Shaka Momodu
Home News

Tinubu Government’s Cost-Cutting Measures to Save Nigeria Over N10 Billion at COP29

by News Reporters
10 months ago
in News
0 0
0
Tinubu Administration Celebrates One Year: A Transformative Journey?
Share on FacebookShare on Twitter

The Nigerian government has announced significant cost-saving measures ahead of the 2024 United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, expected to save the country over N10 billion.

Special Presidential Envoy on Climate Action, Ajuri Ngelale, who also serves as Presidential Spokesperson, revealed these plans during a briefing at the State House in Abuja. He disclosed that the Bola Tinubu administration has decided to forgo purchasing a showcase pavilion, which cost nearly $500,000 at last year’s COP28 in Dubai. Instead, the Nigerian delegation will use a delegation office within the conference complex for bilateral meetings, reducing expenses by almost 90%.

Accompanied by the Director-General of the National Council on Climate Change (NCCC), Dr. Nkiruka Maduekwe, Ngelale emphasized that these measures are part of President Tinubu’s broader commitment to transparency and accountability in governance.

“In addition to the portal, we’ve found, through our audit, that during COP28 in Dubai, there were significant expenditures made for the provision of platforms that proved to be, in our view, wasteful. So ahead of COP29, we have resolved and concluded that there will be no showcase pavilion as part of the federal government of Nigeria’s cost reduction efforts,” Ngelale said.

Further savings will be realized through the launch of the Climate Accountability and Transparency Portal. This platform will eliminate unnecessary spending on consultancies and subcontracted services by allowing the NCCC to provide essential services directly.

The portal will also offer real-time information on government delegates attending COP29, ensuring that only those with a clear economic purpose related to attracting business opportunities and finance will be sponsored by the federal government.

“This is the change that Nigerians have asked for. This is the change that President Bola Tinubu is giving to them,” Ngelale stated, underscoring the administration’s focus on responsible and efficient use of public resources.

These initiatives are part of a comprehensive audit and review process aimed at addressing inefficiencies in past government expenditures. The administration assured the public that these measures at COP29 are just the beginning of ongoing efforts to promote fiscal responsibility and transparency in governance.

Previous Post

Nationwide Fuel Scarcity Worsens as Petrol Prices Skyrocket Across Nigeria

Next Post

Edwin Clark Calls for Nyesom Wike’s Expulsion from PDP, Urges Probe into Anti-Party Activities

Next Post
Edwin Clark Calls for Nyesom Wike’s Expulsion from PDP, Urges Probe into Anti-Party Activities

Edwin Clark Calls for Nyesom Wike's Expulsion from PDP, Urges Probe into Anti-Party Activities

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RSS Some News Around

  • Tinubu Approves Scholarship Scheme for Caribbean Students to Study in Nigeria
  • Edo: Gov Okpebholo Launches Bold Rural Healthcare Initiative
  • Land Administration: CSO Lauds Wike’s ‘Outstanding Performance in Office, Clears Minister of Any Wrongdoing’
  • Gov Okpebholo Extends ‘Warm Birthday Wishes to Dr Pius Odubu’
  • Poly Ibadan Students Protest Renaming to ‘Olunloyo Poly’, Shut Down Campus Gates
  • Kwara Youths Burn NDLEA Office During Protest over Insecurity
  • APC Crisis: Ganduje Took Bullets for Tinubu By Resigning, Dele Momodu
  • Dangote Refinery Reduces Fuel Price
  • Tinubu Bags Fresh Title in Saint Lucia
  • A valedictory tribute to Chief Lanre Obadiah as he bows out of Government House Maiduguri 
  • About Us
  • Home

© 2022 THIS REPUBLIC By Shaka Momodu

No Result
View All Result
  • Right Of Reply
  • News
  • Politics
  • Business
  • OpEds
  • Sports

© 2022 THIS REPUBLIC By Shaka Momodu

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Go to mobile version