Climate inaction could cost Nigeria $460 billion by 2050, says Speaker Abbas Speaker of the House of Representatives of Nigeria, Abbas Tajudeen, on Thursday warned that failure to address climate change could cost Nigeria up to 30 per cent of its Gross Domestic Product by 2050—an estimated $460 billion. The Speaker said the effects of climate change are already being felt across the country, with significant economic and environmental implications. He called for urgent and coordinated measures to accelerate Nigeria’s transition to a low-carbon economy. Abbas spoke while declaring open the National Decarbonisation Technical Roundtable organised by the House Committee on the Mandatory National Decarbonisation Programme. Represented by Muktar Shagaya, the Speaker said climate change is no...