Nigeria and other African countries are being urged to urgently adopt policies and strategies to avert looming loss of over $2.7tr to the collapse of ecosystem services. While food prices remained high in countries like Nigeria, as inflation stays high, the apex bank noted that collapse of ecosystem would affect provision of food from marine fisheries and timber from forests. We must embrace sustainable economic policies and practices,” Oluwadamilola stated, adding, “The loss of nature will prove drastic for global economy. The stakeholders, therefore, urged government to put in place policies that restricts cutting of trees and polluting of water. So, when biodiversity is lost, we lose the benefits that ecosystem provide to people,” the document noted.

Source: The Guardian October 03, 2021 04:18 UTC