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NIGERIA INTENSIFIES EFFORTS TOWARDS FAST TRACKING HER VALUE CHAIN LOCALISATION INITIATIVE

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NIGERIA INTENSIFIES EFFORTS TOWARDS FAST TRACKING HER VALUE CHAIN LOCALISATION INITIATIVE                                                                                                      08-07-24

Nigeria is intensifying efforts towards fast tracking her value chain localisation initiative.

This spurred the Special Presidential Envoy on Climate Action, Chief Ajuri Ngelale, to have deliberations with the World Economic Forum’s Head of Africa, Mr. Chido Munyati, and the Africa’s Regional Agenda Lead, Ms. Abir Ibrahim, on how best to achieve that.

Their interaction focused on how to actively create linkages between the Organised Private Sector in developed markets and critical Nigerian public-private stakeholders in advancing new wealth-creating industries supported by localised supply chains.

Chief Ngelale told newsmen that the trio would soon begin to follow up on the agenda items discussed.

He also exchanged views with the Country Director of ProVeg International, Mr. Hakeem Jimo, on how they could generate tangible value from reviewing food systems, which globally contribute up to 25% of all greenhouse gas emissions.

The duo noted that sustainable agricultural practices and food system alignments could minimise forest destruction and biodiversity loss, arguing that it is a major area of opportunity as Nigeria seeks to create a new industrial ecosystem for biomass in-country in close collaboration with her technical partners and investors.

Similarly, the Special Presidential Envoy on Climate Action met with NASENI EVC/CEO, Mr. Khalil Halilu, and aligned approaches in an effort to bolster Nigeria’s new drive to localise renewable energy technology value chains.

He said their collaborative approach to achieving national objectives for the benefit of Nigerians was in conformity with President Bola Tinubu’s team-centered approach to problem-solving and service delivery.

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