BOI: Climate Change Weakening Competitiveness, Economic Resilience of Nigerian Manufacturing, Agriculture, Infrastructure

Dike Onwuamaeze

The Bank of Industry (BOI) has declared that pressures arising from climate change are “collectively weakening the competitiveness and economic resilience of Nigerian enterprises, particularly across sectors such as manufacturing, agriculture, infrastructure.”

The BOI also said that these pressures are impeding the ability of actors “to adapt and fully express all that are reposed within these sectors.”

Executive Director, Corporate Finance and Risk Management, BOI, Mr. Rotimi Akinde stated this during the virtual inaugural session of the “BOI Climate Resilience Knowledge Series” with the theme, “Building Climate Resilience Enterprises in Nigeria for Sustainable Livelihood and Inclusive Growth.”