News
Building Resilience: Six Simple Climate Solutions for Big Impact in Nigeria

Nigeria, a nation brimming with potential, faces a significant challenge: climate change. In 2023, Nigeria actually recorded a decline in rainfall to about 1061 millimeters (mm) compared to 2022, which was about 1137.078 millimeters (mm).

Grace Oluchi Mbah, Co-Founder and Executive Director, Climate Action Africa
These erratic rainfall patterns, combined with rising sea levels of 0.5 meters, could force 27-53 million Nigerians who live along the coast to relocate by the end of the century. These factors are driving adverse climate effects that are already being felt.
But amidst these challenges lie opportunities. Here, we explore six simple yet impactful climate solutions that Nigerian communities can adopt to build resilience and secure a sustainable future.
1. Embrace Climate-Smart Agriculture: Nigeria is a developing economy with a 2022 statistics of an estimated population of 88.4 million people who live in extreme poverty. Agriculture can be a solution to the poverty experienced by a majority in Nigeria. According to the World Bank, investing in the agricultural sector is more effective at raising incomes among the world’s poorest. Still, traditional farming methods in Nigeria are often vulnerable to droughts and floods.
Climate-smart agriculture (CSA) offers a solution. CSA is a set of farming methods that is aimed at increasing the resilience and productivity of the land affected by climate change. Practices like using drought-resistant crop varieties, practicing water-saving irrigation techniques like drip irrigation, and incorporating cover crops to improve soil health all contribute to a more resilient agricultural system. By adopting CSA techniques, Nigerian farmers can not only protect their livelihoods but also become part of the climate solution. It is important to note that Climate Smart Agriculture is a solution to the many problems caused by climate shocks but not a final solution to climate change.
2. Plant Trees, Reap the Rewards: The United Nations places Nigeria as the highest with a deforestation rate in the world, with an estimated 3.7% of its forest lost every year. Expanding agriculture and logging; both illegal and legal are some of the causes of deforestation in Nigeria. Still, it is imperative to understand that forests play a vital role in regulating climate.
Interestingly, in 2023, some of the States in Nigeria were involved in tree-planting initiatives. There is still a lot that needs to be done. Nigeria could take a cue from Ethiopia that accomplished an exceptional feat in 2019 when they planted 350 million trees within 12 hours. Large-scale tree planting initiatives can create green corridors, improve air quality, and mitigate the effects of floods and droughts. Planting trees also provides economic benefits. Programs that encourage community involvement in tree planting, with benefits like carbon credits or fruit production, can create a sense of ownership and ensure the long-term success of these initiatives.
3. Harness the Power of Nature: Harnessing solar energy technologies for generating electricity as an option for fossil fuel energy usage in Nigeria could prove to be a huge solution to climate change problems. The solar radiation potential in the northern and southern regions in Nigeria is given as 5.62 up to 7.01 and 3.54 up to 5.43 kWhm-2 respectively. Nigeria boasts abundant sunshine and investing in solar energy solutions like rooftop panels or community solar farms can significantly reduce dependence on fossil fuels.
Solar power is not just environmentally friendly; it’s also reliable and cost-effective in the long run. Government incentives and microloans can make solar technology more accessible, empowering individual households and businesses to become energy independent. Practical solutions are needed to accelerate the adoption of renewable energy. A notable example is the “Nigeria Police Green Initiative” that was announced last year.
4. Waste Not, Want Not: The challenge of having sanitary landfills in Nigeria is still a huge conversation when it comes to creating solutions for climate change problems. Most States in Nigeria still operate open dumping. Organic waste, when left to decompose in landfills, releases methane, a potent greenhouse gas. Composting kitchen scraps and yard waste transforms this waste into nutrient-rich fertilizer, perfect for boosting soil health in gardens and farms. This simple practice reduces reliance on chemical fertilizers, promotes a circular economy, and mitigates climate change.
Landfills can also be areas that can be transformed into thriving green spaces that would be fit for the whole surrounding community to enjoy. Some examples are the Mucking Marshes Landfill in England that was transformed to Thurrock Thameside Nature Park, Mount Trashmore Park in Virginia, USA, Qiaoyuan Park in China and Chambers Gully in Australia.
5. Embrace Sustainable Water Management: Nigeria faces growing water scarcity. Inadequate access to water contributes to the water and sanitation crisis in Nigeria. According to the World Bank, approximately 70 million Nigerians do not have access to safe drinking water and 144 million do not have access to basic sanitation facilities. One solution to the water crisis that affects climate change in Nigeria is to adopt sustainable water management.
Rainwater harvesting systems can capture and store precious rainwater for later use. This captured water can be used for irrigation, washing, or even drinking after proper treatment. Promoting water-saving practices like fixing leaky faucets and taking shorter showers can further reduce pressure on freshwater resources.
6. Empowering Communities, Building Together: The success of climate solutions hinges on community engagement. Investing in education and awareness programs empowers communities to understand the threat of climate change and take ownership of solutions. Supporting local NGOs and community leaders who are spearheading climate action initiatives is crucial.
These six solutions are just a starting point. By adopting these practices and fostering a spirit of innovation, Nigerian communities can build resilience, mitigate the effects of climate change, and create a more sustainable future for generations to come. The journey towards a climate-resilient Nigeria requires collaboration between government, businesses, and communities. With collective action and a commitment to these simple yet impactful solutions, Nigeria can not only weather the storm of climate change but emerge stronger and more sustainable than ever before.
News
FAAN to Replace Physical ID Check with V-Pass Biometric Verification

Federal Airports Authority of Nigeria (FAAN) has announced plans to introduce a biometric identity verification system, known as V-Pass, to speed up passenger processing and enhance security at domestic airports nationwide.

This initiative is aimed at strengthening aviation security, reducing passenger processing time and eliminating dependence on physical identity documents.
A statement issued yesterday by Henry Agbebire, director of Public Affairs and Consumer Protection, FAAN, said the new facial recognition platform, developed in partnership with Verxid Technologies Limited, would enable passengers to verify their identities through biometric authentication, allowing them seamless access through airport security checkpoints and boarding gates.
According to him, the initiative formed the focus of a strategic meeting between FAAN and Verxid Technologies Limited, where both organisations reviewed deployment plans, security safeguards and measures to improve passenger experience.
The statement hinted that the authority centred on ensuring the successful rollout of the digital platform while maintaining high security standards.
The statement quoted, Adebola Agunbiade, director of Commercial and Business Development, FAAN, as describing the V-Pass as another milestone in the authority’s ongoing digital transformation programme.
According to her, the platform indicated FAAN’s commitment to deploying innovative technology that enhances passenger facilitation while reinforcing aviation security across domestic airports.
She assured that the system would provide every traveller with a secure digital identity through a one-time enrolment process.
Under the arrangement, Nigerian passengers would register using their National Identification Number (NIN) alongside facial biometric capture, while foreign travellers would enroll with their passports through Optical Character Recognition (OCR) supported by biometric authentication, the statement added.
FAAN said the system would verify passenger identities before they gain access to restricted airport areas and once again before boarding their flights.
The agency noted that the dual-verification process was designed to prevent identity fraud, impersonation and unauthorised access to airport facilities, while giving security agencies greater confidence in passenger authentication.
Passengers would be able to complete the verification process either through self-service kiosks or with assistance from trained FAAN personnel.
The deployment would also include electronic gates to automate access into controlled areas, reduce queues and improve passenger movement across airport terminals.
According to the developers, first-time registration is expected to take about one minute, while subsequent biometric verification would take less than 30 seconds.
Apart from passenger processing, the V-Pass platform would also provide airlines with secure digital access to flight schedules, passenger manifests and boarding statistics.
FAAN assured travellers that data protection remained a critical component of the project, stressing that the platform fully complies with the Nigeria Data Protection Regulation (NDPR).
News
CBN Introduces Digital Tracker to Monitor BDC Forex Transactions

The Central Bank of Nigeria (CBN) has launched a new system to monitor how Bureau De Change (BDC) operators buy foreign exchange in the country.

Under the new arrangement, all licensed BDCs must report their foreign exchange purchases through a platform called the FX BDC Purchase Tracker (FXBT). The portal will allow the CBN to monitor transactions in real time or on the same day they take place.
The directive was announced in a circular dated July 15, 2026, and signed by the Director of the CBN’s Trade and Exchange Department, Aderinola Shonekan.
According to the apex bank, the new framework is designed to support its February 2026 policy that allows licensed BDCs to buy foreign exchange directly from authorised dealer banks in the Nigerian Foreign Exchange Market (NFEM).
The CBN said the initiative will improve transparency, strengthen compliance, increase liquidity in the retail forex market, and ensure proper participation by market operators.
A major feature of the framework is the FXBT portal, which will serve as a central database for tracking all foreign exchange purchases made by BDCs from banks.
Under the guidelines, every licensed BDC must register on the platform and submit transaction details either in real time or on the same day the transactions occur.
The CBN stated that the system will help regulators identify violations, detect suspicious transactions, monitor compliance with market rules, and improve confidence in the foreign exchange market.
The framework builds on the CBN’s February 2026 decision to allow licensed BDCs back into the official foreign exchange market. Under that policy, each eligible BDC can purchase up to $150,000 weekly from authorised dealer banks at market rates.
The apex bank said only BDCs with valid licences will be allowed to access foreign exchange through the framework. Operators whose licences have been suspended or restricted due to regulatory issues will not be eligible until those restrictions are lifted.
The CBN also directed banks to carry out thorough Know Your Customer (KYC) and customer due diligence checks before onboarding any BDC. Required documents include valid operating licences, Tax Identification Numbers (TIN), Corporate Affairs Commission (CAC) registration documents, and information on beneficial ownership.
Banks have also been warned not to sell foreign exchange to BDCs that fail to meet the required compliance standards.
To encourage fair competition, the CBN said BDCs can buy foreign exchange from any authorized dealer bank of their choice. Banks are prohibited from forcing BDCs into exclusive arrangements or charging referral fees that limit their ability to transact with other banks.
Under the new process, BDCs must submit electronic requests for foreign exchange through a bank’s designated portal. Banks are required to acknowledge requests within two business hours and communicate approvals or rejections immediately after processing.
Requests can only be rejected for valid reasons, such as incomplete documentation, exceeding weekly purchase limits, unresolved compliance concerns, or internal risk management issues.
The CBN also introduced stricter rules on how purchased foreign exchange can be used. All transactions between banks and BDCs, as well as between BDCs and customers, must be conducted through accounts held with licensed financial institutions. Third-party transactions remain prohibited.
In addition, BDCs are not allowed to keep unused foreign exchange purchased through the official market. Any unused funds must be sold back into the market within 24 hours after the permitted usage period expires.
The apex bank warned that failure to comply could lead to forfeiture of funds and suspension from the market.
BDC operators must also disclose any unused balances from previous allocations when applying for new purchases, while banks are expected to consider those balances when calculating weekly allocations.
Beyond reporting through the FXBT portal, BDCs must continue submitting weekly reports to the CBN. These reports must include details of foreign exchange purchased from banks, sales to end users, unused balances, and settlement records.
The CBN said the reporting requirements will improve transparency and help regulators better monitor foreign exchange flows in the retail market.
The bank warned that violations of the framework could attract penalties under the Banks and Other Financial Institutions Act (BOFIA) 2020 and the Foreign Exchange Act. Sanctions may include fines, suspension from the foreign exchange market, withdrawal of BDC licences, revocation of banks’ authorised dealer status, and referrals to law enforcement agencies where necessary.
The CBN’s Trade and Exchange Department will oversee compliance through regular and surprise inspections carried out in collaboration with other departments.
The apex bank said the new directive is part of its wider efforts to reform the foreign exchange market, improve transparency, boost liquidity, and restore confidence in the system.
Concerns over compliance breaches, speculative trading, and abuse of foreign exchange allocations had continued even after BDCs were reintroduced into the official market earlier this year.
News
CAC Begins Removing 100,000 Companies from Register Over Regulatory Non-Compliance

The Corporate Affairs Commission (CAC) has announced the commencement of another exercise to remove 100,000 companies from Nigeria’s register of companies for failing to comply with statutory requirements under the Companies and Allied Matters Act (CAMA), 2020.

In a public notice issued on Thursday, and dated July 15, 2026, the commission said the exercise was being carried out pursuant to Sections 692(3) and 692(4) of the Companies and Allied Matters Act, 2020.
The notice stated: “This is to notify the General Public and Esteemed Customers that the Corporate Affairs Commission has commenced another round of striking off names of companies from the Register pursuant to the provisions of Section 692 (3) and (4) of the Companies and Allied Matters Act, 2020.”
According to the commission, the affected companies are listed on its official website.
“The list of the affected One Hundred Thousand (100,000) companies can be accessed at the Commission’s Website,” the notice said.
The CAC directed all affected companies to update their records by filing outstanding annual returns and beneficial ownership information within 90 days.
“The affected companies are hereby advised to take steps to file all outstanding Annual Returns (and by extension Persons with Significant Control/Beneficial Ownership information) and regularize their records within ninety (90) days of this notice,” the commission said.
It added that companies must send proof of compliance to the designated email address, [email protected], within the stipulated period.
The commission warned that failure to comply would result in the affected companies being removed from the register without any further notice.
“Please note that companies that fail to comply within the stipulated timeline shall be struck off the Register without further notice,” the notice stated.
The CAC reiterated its commitment to improving service delivery, saying, “The Commission remains committed to providing prompt and efficient services to the satisfaction of our valued customers.”
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