Yes, we have all experienced increased temperatures, the unpredictability of rainfall, rising sea levels and flooding, drought and desertification, land degradation, an increase in the frequency of extreme weather events, a decline in freshwater resources, and a loss of biodiversity, all indications that Nigeria’s climate is changing. Rainfall has increased in frequency and intensity, which has led to massive runoffs and flooding in many areas of Nigeria.
Variation in rainfall is expected to keep rising. Rising sea levels and increased precipitation are predicted to worsen coastal floods and land submersion in the south. Due to a decrease in rainfall and an increase in temperature, droughts have also become a regular occurrence in Nigeria and are predicted to persist in Northern Nigeria. Lake Chad and other lakes in the nation are in danger of becoming extinct.
Since the 1980s, the temperature has increased dramatically. According to climate predictions, temperatures will rise significantly throughout all biological zones in the ensuing decades. The evidence on the effects of climate change in Nigeria (geographical, sectoral, demographic, and security aspects), as well as solutions to the issue, are summarized in this quick assessment (i.e. climate change mitigation and adaptation, adaptive capacity and capacity development).
There are a few thorough publications and articles that detail the many effects of climate change across Nigeria and offer helpful evidence and discussion. However, the majority of the research that documents the effects and reactions to climate change concentrates on the agricultural industry and on specific farming communities in certain parts of the country. In the literature, discussion of additional mitigation and adaptation strategies frequently takes the form of advice rather than actual results.
This is probably because Nigeria has to deploy mitigation and adaptation measures much more widely. Furthermore, although there is significant debate about the need to increase capacity at the individual, group, and community levels to engage in climate change solutions, considerably less focus is placed on higher levels of capacity at the state and national levels.
With all these said, the rate of climate change compared to the Western countries is nothing compared to what we face in Nigeria, for instance, The most frequent (and among the worst) natural catastrophes in the US are floods. Every state and almost every county have been devastated by them, and in many places, they are becoming worse, it’s been projected that sea level rise and extreme weather will continue to be exacerbated by global warming. In our case, it’s not that extreme, because we can still plant, and the heat is moderate and bearable to a certain extent, which means farming is still possible, ranching and livestock production is still possible, so what does this mean in terms of investment?
I say this will be a good time for other countries to invest in Nigeria, but not in the old fashion as the Westerns are known to do, they like to take, occupy and not leave, until they are forced out, or destroy the countries they infest. So none of that.
My idea of investment is to partner with businesses focused on these sectors and an agreement to be made under the supervision of a legal practitioner, details and training can be made available for proper deliverability. Afrimillz is into agriculture full time and if you are interested in partnering with us, seeking advice or counsel, contact us here.