Nigerian Lawmakers Call for Global Climate Tax on Multinationals

The Nigerian parliament has proposed a global climate tax on multinational companies and billionaires to support African countries grappling with climate change impacts, including recent flooding in Borno and Zamfara States.

Deputy Speaker of the House of Representatives, Benjamin Kalu, made the call on Tuesday during the Pan African Parliament’s special sitting in South Africa. Kalu’s call aligns with a suggestion made by renowned economist Esther Duflo, who has advocated for a global tax to assist vulnerable regions adapt to climate change.

Kalu’s remarks followed a presentation by Charles Nyambura of the Pan African Climate Justice Alliance, which highlighted the severe effects of climate change on Africa. Kalu emphasized that despite Africa contributing only 3.8% of global greenhouse gas emissions, the continent is disproportionately affected by climate change, with major impacts on economic development and human well-being.

He noted that the recent flooding in Borno State has displaced thousands and damaged infrastructure, crops, and shelters. According to the International Organization for Migration, nearly 321,000 individuals across 19 local government areas in Borno were affected by the floods, including over 157,000 internally displaced persons.

Kalu also highlighted the broader implications of climate change, including food insecurity exacerbated by conflicts and economic disruptions. He called for significant reforms in agriculture and increased investment in agribusiness to address the continent’s food crisis.

Furthermore, Kalu stressed the importance of improving education systems to better prepare Africa’s youth for future challenges and opportunities. He also advocated for stronger regional cooperation to combat security threats and denounced unconstitutional changes in government, which he views as threats to democratic progress.

In summary, Kalu’s statements underscore the urgent need for global action to support climate adaptation efforts in Africa and address broader socio-economic issues affecting the continent.