Cost of governance: Tinubu takes shocking move against COP29 delegation, details emerge

1 month ago 3
  • The Federal Government has announced plans to save at least ₦10 billion ahead of Nigeria's participation in the 2024 UN Climate Change Conference, COP29
  • As part of the cost-cutting measures, Nigeria will eliminate expenses for a showcase pavilion
  • In addition to reducing spending, the government will enhance transparency at COP29 by launching a webpage

Legit.ng journalist Ezra Ukanwa has over 5 years of experience covering political events, civil societies, courts, and metro.

FCT, Abuja - The Federal Government has announced cost-cutting measures aimed at saving at least ₦10 billion ahead of Nigeria’s participation in the 2024 United Nations Climate Change Conference, COP29, scheduled for November in Baku, Azerbaijan.

Ajuri Ngelale, Nigeria’s Special Envoy on Climate Change and Special Adviser to the President on Media and Publicity, revealed this in a statement, on Wednesday, August 21.

President Tinubu takes action to cut the cost of governancePresident Tinubu takes action to cut the cost of governance Photo credit: @officialABAT
Source: Facebook

He pointed out that these measures include eliminating the expenses for a showcase pavilion, which cost Nigeria around $500,000 at the 2023 COP28 in Dubai, Leadership reported.

Cost slash for COP29 move to cut cost of governance

He noted that Tinubu will continue to focus on reducing unnecessary government spending, further lowering the cost of governance.

Ngelale emphasized that the nation will spend ₦10 billion less on this year’s climate summit compared to previous years, Vanguard reported.

Additionally, he added that plans are in place to enhance transparency and accountability at COP29 by launching a webpage where Nigerians can access detailed information on federal government expenditures.

US announces $27 million aid package for Nigeria

In another development, Legit.ng reported that the United States Mission in Nigeria on Tuesday, August 20, announced that the country will receive $27 million as part of a broader $536 million humanitarian aid package directed toward Sub-Saharan Africa by the U.S. government.

This information was shared in a statement by the United States Mission Nigeria on Tuesday through its official website.

Source: Legit.ng

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