Nigeria to lose 30% of its GDP to Climate change by 2050 – World Bank


30% of Nigeria’s GDP could be affected by Climate Change before 2050 – World Bank

Nigeria has two main relief regions: the high plateau ranging between 300 meters (m) to 900 m above sea level, and the lowlands, which are generally less than 300 m. The high plateaus include the North Central Plateau, the Eastern and North Eastern Highlands, and the Western Uplands. The lowlands comprise the Sokoto Plains, the Niger-Benue Trough, the Chad Basin, the interior coastal lowlands of western Nigeria, the lowlands and scarp lands of southeastern Nigeria, and coastlands. The Niger Delta is a low-lying region, defined by a complicated system of natural and man-made channels through which the River Niger eventually empties into the sea.

Nigeria is a lower-middle-income country and has been the largest economy in Africa since 2012. With an abundance of natural resources, it is Africa’s biggest oil exporter and has the largest natural gas reserves on the continent. As a key regional player in West Africa, Nigeria accounts for about half of West Africa’s population and one of the largest populations of youth in the world. Nigeria had a population of 206.14 million people (2020) with an annual population growth rate of 2.5%. Nigeria’s population is projected to reach 262.9 and 401.3 million people in 2030 and 2050, respectively. Nationally, 40% of Nigerians live below the poverty line, while another 25% are vulnerable.

Nigeria has identified its adaptation priorities, which include sustainable land use and water resource management that results in food security, appropriate urban development, preservation of its biodiversity and ecosystem services, social protection mechanisms, infrastructure resilience, improved health, and disaster risk reduction for reduced vulnerability across the country.

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