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Economy: Climate Change Can Shrink Nigeria’s GDP By 4.5%- World Bank


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Decline in agricultural production induced by climate change can reduce the nation’s Gross Domestic Product by as much as 4.5 per cent by 2050 if urgent actions are not taken now, the World Bank has warned. The bank said this in a report, ‘Toward climate-resilient development in Nigeria,’ presented at a ceremony in Abuja on […]

Economy: Climate Change Can Shrink Nigeria’s GDP By 4.5%- World Bank

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World Bank

Decline in agricultural production induced by climate change can reduce the nation’s Gross Domestic Product by as much as 4.5 per cent by 2050 if urgent actions are not taken now, the World Bank has warned.

The bank said this in a report, ‘Toward climate-resilient development in Nigeria,’ presented at a ceremony in Abuja on Monday, which had in attendance the Minister of Environment, Mrs. Hadiza Mailafia.

‘Climate change can shrink Nigeria’s GDP by 4.5%’





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