U.S ISSUES APOLOGY FOR DEPORTATION ERROR INVOLVING MASSACHUSETTS COLLEGE STUDENT WHILE DEFENDING THE DECISION. (PHOTO).

Image
 U.S issues apology for deportation error involving Massachusetts college student while defending the decision  The Trump administration apologized in federal court for a “mistake” in deporting 19-year-old Massachusetts college student Any Lucia Lopez Belloza, who was detained while attempting to fly home for Thanksgiving, but argued the error should not change the legality of her removal. Lopez Belloza, a freshman at Babson College, was held at Boston’s airport on Nov. 20 and flown to Honduras two days later, despite an emergency court order issued on Nov. 21 requiring her to remain in the U.S. for at least 72 hours. Lopez Belloza, whose family emigrated from Honduras in 2014, is now staying with her grandparents and attending school remotely, and recently visited an aunt in El Salvador. At a Boston federal court hearing, the government argued the court lacked jurisdiction because her lawyers filed the case hours after she arrived in Texas en route out of the country. Governm...

FG PLANS N500 BILLION GREEN BOND ISSUANCE TO FINANCE CLIMATE PROJECTS IN 2026.(PHOTO).


 FG Plans N500 Billion Green Bond Issuance To Finance Climate Projects In 2026


The Federal Government plans to raise up to N500 billion through the issuance of green bonds in 2026 as part of efforts to secure alternative financing for climate-related and environmental projects.


This was disclosed by the Minister of Environment, Balarabe Abbas Lawal, during the Abu Dhabi Sustainability Week on Tuesday, according to a Bloomberg report.


The proposed issuance underscores Nigeria’s increasing use of climate-linked debt instruments to diversify funding sources beyond oil revenues and conventional borrowing.


What the FG is saying


Lawal stated that proceeds from the green bond sale would be allocated to projects aimed at improving air quality, expanding access to clean cooking fuels, and addressing deforestation.


He noted that the initiative aligns with Nigeria’s broader climate commitments and environmental sustainability goals, while also leveraging growing global investor interest in green and sustainable finance instruments.


The planned issuance comes amid rising global demand for climate-linked assets, with countries such as Saudi Arabia and Hungary adopting green financing to support environmental and infrastructure development.


For Nigeria, which is currently implementing fiscal reforms, green bonds provide an avenue to fund climate and infrastructure projects without heavy reliance on traditional debt or volatile oil revenues, the country’s primary source of foreign exchange.


Why it matters


Climate financing is becoming increasingly important for Nigeria as it confronts environmental challenges including air pollution, deforestation, and limited access to clean energy.


Green bonds enable the government to attract environmentally focused investors while financing projects that deliver both economic and environmental benefits.


The strategy also supports Nigeria’s efforts to align public finance with its international climate commitments and broaden its investor base.


What you should know


Nigeria has a track record of successful green bond issuances, with previous offerings recording strong investor demand.

The Federal Government’s N50 billion green bond issued last year was oversubscribed, attracting more than twice the amount offered. Similarly, Nigeria’s inaugural sovereign green bond was fully subscribed, reflecting sustained investor confidence in the country’s climate-linked debt instruments.


Green bonds are typically dedicated to projects with measurable environmental benefits, enhancing transparency and accountability in public spending.

Comments

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

TINUBU ANNOUNCES ARRIVAL OF 4 U.S ATTACK HELICOPTERS. (PHOTO).