The green economy protects biodiversity and ecosystems. Nigerias dependence on fossil fuel has been affecting the environment negatively. A guidebook to the green economy sustainable development. Challenges of the green economy concept and policies in the context of sustainable development, poverty and equity. Nigeria is a middleincome country, with emerging market and mixed economy. In the light of some of the environmental as well as socioeconomic challenges permeating the nigerian economy, it is therefore required that the nigerian government concentrates on key areas that can help boost and sustain its developmental objectives. There is no doubt that president buhari is aware of these and many other challenges that have hindered economic prosperity, sustainable security and overall national development in nigeria. Green economy and its implications for economic growth in nigeria. At current food production growth rates, nigeria remains unable to feed its population. The digital economy represents major challenges for established corporations around the world. A bane to food security odoh patrick abutu department of public administration, the federal polytechnic, kaura namoda zamfara state, nigeria west africa abstract. Nigerias economic challenges are opportunities for business.
As a setting for global trade and commerce, and as a significant source of food and energy, the oceans contribution is already important. This paper examines the role expected of the building and construction sector in actualising the goals and objectives of the nigerias vision 20. A study of horticulture practices in lagos, nigeria by olaleye d. Growth and equity in nigeria in the current strategic plan 20102014 of the. During the recent global financial crisis, the united nations general assembly and. Fisheries and aquaculture in the context of blue economy. The expanded programme on immunization epi, introduced in 1978 with the aim of providing routine immunization to children less than the age of two years, recorded initial but intermittent successes. To succeed in this rapidly changing environment, it is no longer sufficient to compete by incremental. Countries such as chad, ethiopia, nigeria, somalia. Pdf green concepts and sustainability in the nigerian. Module 1 introduction to the green economy approach. Green economy, sustainable development, islamic countries. The economy is for over 80% dependent on the petroleum sector as the source of public finance.
The green economy has become a topic of growing discussion in light of the environmental crisis. The theme, green economy in the context of sustainable development and poverty. Some of the key challenges of production and consumption activities are interrogated. This is followed by a summary of the environmental setting of the. Nigerias urban population has outstripped the rural population. This shift to urban centres will become even more pronounced. In africa, statistics show that urban green spaces are depleting at an alarming rate with green spaces now occupying small proportion of the landmass of several urban areas.
The networks of rail, water and road that was developed then was built for the exportation of cash crops and the. Benefits, challenges and risks from a sustainable development perspective summary of background papers jose antonio ocampo columbia university the concept of a green economy has become a center of policy debates in recent years. But still, lets point out what are 10 economic problems facing nigeria economy today. Nigeria s economy is sensitive and vulnerable to the often unstable international crude oil market. Urbanization, deforestation, desertification, over population and all kinds of pollution are some of the resultant effects of mans interaction with.
Nigeria is working to be part of that positive agenda, and the global green economy, as she tries to weaken dependence on oil and strengthen her green industry. It was first mooted by the london environmental economics centre1 leec in a publication blueprint for a sustainable economy in 1989 authored by david pearce, anil markandya, and ed barbier. Nigerias economic challenges are opportunities for. This is followed by a summary of the environmental setting of the niger delta region of nigeria. Pdf developing countries like most of islamic countries need an economy that. The green economy is equitable, fair and just between and within countries and between generations. Chapter 36w challenges facing the developing countries 3 figure 1 countries of the world, classified by per capita gnp, 2000 income group u. Nigeria s agriculture and food security challenges. Nigeria achieve her energy targets without compromising issues of sustainable.
Issues requiring an integration of economic and environmental concerns such as the. At the end of 2011, nigeria was estimated to have a population of 167 million. Political, economic and security challenges facing president. The economic problems in nigeria have always been a topic of discussion. Subsaharan africa region fdi indicators south east asia 35 no. Possible solutions to challenges in nigeria today soapboxie. Human resources play an immense role in the success of failure of any organization or nation in terms of capability and strength of character of the workers or leaders in nigeria, most of the problems facing the economy are reflection of the poor quality of human development and the economic health, of the nation. Green spaces constitute a major environmental resource of urban landscape. Prospects for achieving sustainable development through the. Green economy in subsaharan africa green growth knowledge.
Nigerias food security challenges will grow with its population. The concept of blue economy, which has been referred to also as, blue green economy or blue growth, the new maritime green economy eu, 2011, green economy in a blue world. Makower offers insights and inspiration gleaned from his 20 years experience helping fortune 500 companies and startups alike formulate strategies that align environmental and. Research objectives the research objectives are as follows. Describing the nigerias transition to a green economy as doable, he said, there are however so many areas that need to be iron out for its realization. The green economy improves governance and the rule of law. Udoh acti department of accounting universit of uyo uyo, nigeria 1. Renewable energy is one major sector of the green economy that will help reduce green house emissions into the atmosphere. Nigeria s dependence on fossil fuel has been affecting the environment negatively. Nigeria having varied ecological zones is endowed with environmental conditions and natural habitats that are suitable and promising for beekeeping in addressing green economy beyond our territory. Issues, challenges and prospects of small and medium scale. Oil from palm nut if properly explored for example will help grow the economy of the country. How nigeria can transit to green economy, by experts the. Currently, only about 9% of the ncsds fall into this category.
Diverse challenges facing africas biggest economy the challenges facing president buhari are as huge and diverse as the country itself. The challenges of environmental problems in nigeria. The paper discusses the reasons why a green economy is desirable and how trade policy can ease the transition, the relative positions of trading partners pursuing a green economy, and the role of the international community in ensuring that trade and investment policy contribute to a widespread pursuit of the green economy. Lessons from benin, ethiopia, ghana, namibia and nigeria. Nigeria sustainable development the united nations.
Issues, approach and challenges in muslim countries article pdf available in theoretical economics letters 0501. The company has since evolved into a group with direct and indirect investments in the foods and agribusiness sectors of the economy, employing. Challenges of the green economy concept and policies in the. Articles and excerpts that illustrate green economy and. The economy is now on a slow track for the first half 2015 with around 3. Oct 27, 2017 fmn has been in business in nigeria for 57 years. Benefits of a green economy transformation in subsaharan africa. Environmental challenges in nigeria and need for stakeholder.
Growth, opportunity and a sustainable ocean economy. In strategies for the new green economy, joel makower, one of the worlds foremost green business experts, provides a clear roadmap for this challenging terrain. The green economy is an approach to overcome the deepening ecological and development crisis. Challenges to economic growth in nigeria michael amati jose ardavin jeanette fershtman 14 may 2004. Major challenges related to development and green economy in ssa. A tool for transitioning to sustainable development the concept of green economy is not entirely a new concept.
Nigeria is now at the midpoint of carrying out its development plan 19621968. The company has since evolved into a group with direct and indirect investments in the foods and agribusiness sectors of. If nigeria becomes economical solid in agriculture, the revenue of the country will increase gradually. Potential and challenges of renewable energy development in.
Afp photodon emmert in september this year, under a relatively quiet banner, the sustainable development goals. It has expanding manufacturing, service, financial, technology, communications, and entertainment departments. Challenges of sustainability and urban development. Green growth and environmental sustainability in nigeria zbw. The evolution of the modern transport system in nigeria began during the colonial period. As the world grapples with the challenges of globalisation, global warming and climate change. The green economy delivers poverty reduction, well. Governance challenges for a green economy in africa united. A green deal for nigerian agriculture has to confront the following key questions. Nigeria has a total land area of 983,2 km 2 occupied by about 120 million people. Growth, opportunity and a sustainable ocean economy the blue economy. This paper examines existing literature on green marketing and green consumerism with focus on issues of environmental sustainability in the petroleum industry.
Nigeria continues to address the issues of sustainable development is. For nigeria to develop politically, the first culture to practice is sincerity. Prospects and challenges of cities micro green economy. Paul was clear that many of the problems can be fixed and the uk government has such technical expertise and would be willing to partner with nigeria to solve the challenges. The nigeria national flag have two combined colour of green and white green white green. Nov 26, 2015 president of nigeria muhammadu buhari. Blue economy was used to reflect an evolution and refinement of the green economy concept2. The interaction of these millions of people with their environment has left indelible mark on the landscape. Kaggwa, 20, wrote on south africa green growth transition despite the mix challenges and opportunities, even in the face of the socioeconomic problems.
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