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Monthly Archives: January 2015

Africa’s top emerging real estate investment hotspots


Where are the up-and-coming real estate opportunities in 2015? When discussing investment opportunities for real estate, people normally think of cities such as London or New York. However, emerging cities across Africa are filled with opportunities for those looking to invest in property. Global property portal, Lamudi, has compiled a list of emerging investment hotspots across the continent, based on ...

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Clean cooking energy: Groups track budget, build supply chain

Clean cook stoves

Two civil society organisations have embraced a campaign to address worrisome issues related to the use of wood fuel for cooking. Approximately 127 million people and more than 24 million households in Nigeria cook the traditional way: depending solely on wood as a source of fuel, a method widely described as a silent killer. According to the World Health Organisation ...

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CSDevNet launches action/2015 campaign in Nigeria


A global movement for accelerated progress comprising of representative organisations, partnerships, and coalitions from every continent and region of the world, action/2015, has been launched in Nigeria. The movement which works together to ensure that 2015 is a transformative year with an ambitious new global sustainable development agenda and an international climate change agreement set sail in Nigeria through a ...

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Sustainable development: Are corporations green or greedy?


Worldwatch Institute’s State of the World 2014 explores the shifting role of corporations in the UN’s global effort for sustainability As national governments flounder to resolve pressing global challenges, corporations are positioning themselves within the United Nations framework as efficient players and indispensable partners in international policy debates. But with their immense economic and political sway, can corporations be brought to the ...

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Six states urged to embrace housing fund scheme

Housing Council

Lagos, Kano, Ondo, Ekiti, Edo and Oyo states have been urged to resume their participation in the National Housing Fund (NHF) scheme. They had previously discontinued their participation in the controversial exercise. At the 4th Meeting of the National Council on Lands, Housing and Urban Development held recently in Uyo, Akwa Ibom State, participants noted that despite the significant progress ...

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REDD+: Country model for forest carbon stock estimation emerges


Nigeria may be spearheading an initiative on the African continent that would accurately measure the level of forest carbon stocks, and reap handsome financial reward. Under the United Nations-supported Reducing Emissions from Deforestation and Forest Degradation (UN-REDD+) programme in respect of which the country is implementing a Readiness phase, communities are encouraged to leave their forests standing in the belief ...

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Leave fossil fuels buried to curb climate change, study warns


A new research identifies which reserves must not be burned to keep global temperature rise under 2C, including over 90% of US and Australian coal and almost all Canadian tar sands Vast amounts of oil in the Middle East, coal in the US, Australia and China and many other fossil fuel reserves will have to be left in the ground ...

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Bodo spill compensation raises hope for other communities -ERA/FoEN

Bodo Oil Spill - November 2008

The agreement by Shell Petroleum Development Company of Nigeria Limited (SPDC) to pay 55 million (N15.3 billion) pound compensation to the Bodo community over two spill incidents in 2008 has continued to generate reactions. The latest comes from the Lagos-based Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN), which has described the step as a welcome development that should open ...

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Bodo spill: Shell’s N16 billion compensation ‘inadequate’

Bodo oil spill

Civil rights organisation, the Health of Mother Earth Foundation (HOMEF), has picked holes in the agreement by oil giant, Shell, to pay a penalty of about 55 million Pounds Sterling (about N16 billion) to 15,600 Bodo fishermen and community for the extensive crude oil spills of 2008/2009. The group nonetheless describes the development as a welcome news “for a New ...

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