Minister lists investment opportunities in environment sector

Minister of State for Environment, Mr. Ibrahim Usman Jibril, has called on the private sector to seize investment opportunities existing in the environment sector. The Minister stated this in his speech at the 11th National Council on Environment (NCE) held in Abeokuta, Ogun State.
He listed repositioning of the National Agency for Great Green Wall; Waste Management; Watershed management; renewable energy; Eco-Tourism; Green Bond; Afforestation/Reforestation; Implementation of UNEP Report; Hydrocarbon Pollution Remediation Project as some of the areas they can invest in.
“Against the backdrop of our recent recovery from economic recession and the global initiatives towards the use of renewable energy sources, this administration is more than ever before committed to finding alternative sources of revenue to sustain the recovery process. Consequently, I am inviting the private sector to seize the investment opportunities existing in the environment sector, which include repositioning of the National Agency for Great Green Wall; Waste Management; Watershed management; renewable Energy; Eco-Tourism; Green Bond; Afforestation/ Reforestation; Implementation of UNEP Report; Hydrocarbon Pollution Remediation Project.
“In spite of the challenging times, this government has demonstrated complete political will and commitment in the cause of reviving the “Nigerian Project” by dealing with immediate issues of improving security, tackling corruption, and revitalising the national economy. It is in the light of this that government recently launched the Economic Recovery and Growth Plan (ERGP), 2017-2020 economic blue print. Pursuant to the ERGP’s policy objectives on the Environment Sector, our discussion and deliberations during this important meeting would be guided by what is trending in our dear nation, aspirations of Nigerians and the policy direction and focus encapsulated in the document which defines and determines the new narrative and vision of the present administration for the sector. In addition, I also urge our distinguished delegates to this meeting to be objective and unbiased when considering the merits and demerits of submitted Council Memoranda by applying the stated criteria especially as they relate to the ERGP set targets,” he said.
On the theme of the conference, “Unlocking the Investment Opportunities in the Environment Sector towards Nigeria’s Economic Recovery, Diversification, Growth and Sustainable Development”, he said it could not have come at a better time than now, considering the policy direction and focus of the present administration.