Home News (VIDEO) COP29 : Nigeria To Save N10bn With Cost-Cutting Measures

(VIDEO) COP29 : Nigeria To Save N10bn With Cost-Cutting Measures

by Nesta Sanni
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Nigeria’s Special Presidential Envoy on Climate Action, Ajuri Ngelale has disclosed that the Bola Tinubu government’s cost-cutting efforts will save Nigeria over N10 billion during the forthcoming November, 2024 United Nations Climate Change Conference (COP29) in Baku, Azerbaijan.

Addressing newsmen at the State House, Abuja on innovations to assure prudence in public spending, Ngelale who also doubles as Presidential Spokesperson revealed that the present administration at the centre has opted out of purchasing a showcase pavilion which cost nearly $500,000 at COP28 in Dubai, and will instead utilize the delegation office within the conference complex for bilateral meetings.
According to Ngelale, who was accompanied to the briefing by the Director-General of the National Council on Climate Change (NCCC), Dr Nkiruka Maduekwe, this decision alone will save nearly 90% of the pavilion’s cost.
Additionally, the Special Envoy said the government has implemented the Climate Accountability and Transparency Portal, which will eliminate wasteful expenditures on consultancies and subcontracts for lighting and technological provisions.
To further enhance efficiency, the Nigerian delegation will make use of an on-site delegation office with a time slotting system within the conference complex, which will cost less than 10% of the amount spent on the pavilion the previous year.

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