In a keynote address at the Oriental News Summit, Mr. Emomotimi Agama, Director General of the Nigerian Stock Exchange (SEC), passionately articulated the profound personal impact environmental degradation has had on Nigeria.
His narrative vividly described how pollution has devastated local fisheries and disrupted communities, underscoring the urgent need for change.
Referencing specific locales in Nigeria, Agama painted a stark picture of environmental decline intertwined with cultural and historical context. He lamented the loss of natural beauty and economic potential due to decades of neglect and unsustainable practices.
His address highlighted shocking statistics: soaring deforestation rates, alarming levels of pollution, and the economic toll of environmental degradation. Agama stressed that Nigeria’s reliance on oil and gas, which dominates exports and government revenue, must yield to a diversified, green economy. He urged swift action to mitigate climate risks and enhance economic resilience.
Emphasizing the economic benefits, Agama championed renewable energy, sustainable agriculture, and green technologies as drivers of job creation and economic diversification. He pointed to initiatives promoting solar, wind, and hydro power across Nigeria, citing their potential to transform energy access and stimulate growth.
Moreover, Agama underscored the cultural imperative of embracing ecotourism and protecting Nigeria’s natural heritage. He envisioned a future where green infrastructure and sustainable transport systems mitigate urban sprawl and pollution, enhancing urban livability and economic efficiency.
The SEC DG highlighted ongoing efforts like green bonds and climate-resilient infrastructure projects, emphasizing their role in catalyzing Nigeria’s transition to a cleaner, more prosperous future.
In conclusion, Agama issued a passionate call to action, urging stakeholders to embrace the green economy as a pathway to sustainable development.
