Nigeria, African Countries Lose N15.12tn to Climate Change Annually  

By Eromosele Abiodun in Sharm El Sheikh, Egypt

Chairman of the African Union (AU) and President of Rwanda, Paul Kagame, has called on African governments to put measures in place to protect Africa’s rich marine resource and the environment, saying the continent already loses a whooping $42 billion (N15.12 trillion) annually to the devastating effect of climate change.

The AU Chairman stated this in his address at the 4th Association of African Maritime Administrations (AAMA) conference holding in Sharm El Sheikh, Egypt.

Represented by the African Union Permanent Representative at the League of Arab States, Bouzahar Abdel Hamid, he said Africa must urgently take advantage of its maritime resource to grow its economy and ensure sustainable…

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