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UNODC urges youth to champion wildlife conservation efforts in Nigeria

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The United Nations Office on Drugs and Crime (UNODC) has urged Nigerian youths to take a leading role in protecting the country’s wildlife, stressing that conservation is critical to environmental sustainability, economic stability, and national security.

The agency made the call on Wednesday during an event to commemorate World Wildlife Day 2026 at the United Nations House in Abuja.

World Wildlife Day was proclaimed on 20 December 2013 at the 68th session of the United Nations General Assembly, designating 3 March as a global day to celebrate and raise awareness about wild fauna and flora.

The date also marks the anniversary of the signing of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) in 1973.

This year’s celebration is themed “Medicinal and Aromatic Plants: Conserving Health, Heritage and Livelihoods.”

To mark the day, UNODC convened youths under its #BeWildForNature Youth Network alongside stakeholders from ministries, departments, and agencies and development partners to chart a path forward on protecting endangered species through effective policy implementation and law enforcement.

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Youth-driven conservation

In his remarks, the UNODC Country Representative in Nigeria, Cheikh Toure, emphasised the growing importance of youth-led initiatives in addressing wildlife crime and environmental degradation.

“Protecting wildlife is not only an environmental responsibility but also a matter of human health, cultural preservation, economic stability, and security,” he said.

He commended the #BeWildForNature Youth Network for placing young people at the centre of conservation efforts.

The initiative, which began as a digital campaign in 2024, encourages young Nigerians to leverage digital innovation to strengthen conservation and raise awareness about wildlife crime.

Following a competitive process, 10 finalists were selected nationwide, with top performers receiving prizes and special recognition, including merit awards for female participants in line with Women’s Month.

The finalists were later integrated into the network as UNODC Young Wildlife Influencers and participated in a mentorship programme between August and October 2024, featuring sessions led by experts in conservation, advocacy, and digital engagement.

According to UNODC, participants have since implemented community-based projects and outreach initiatives, contributing to increased awareness and action on wildlife protection across Nigeria.

As part of the event, students presented spoken word performances and artwork reflecting themes of wildlife conservation and environmental protection.

Threats to medicinal plants

Focusing on this year’s theme, UNODC noted that medicinal and aromatic plants play a vital role in traditional healthcare systems and local economies across Nigeria and Africa.

The agency warned that these resources face growing threats from overharvesting, habitat degradation, climate change, and illegal trade.

“These plants are not only sources of healing but also represent identity and economic survival for many communities,” the agency said.

UNODC described wildlife crime as a form of transnational organised crime that undermines the rule of law and fuels illicit financial flows.

It noted that illegal trafficking in wildlife and plant species weakens ecosystems and threatens sustainable development, underscoring the need for strong institutions and effective enforcement.

Legislative milestone

The agency highlighted the Endangered Species Conservation and Protection Bill as a significant step toward safeguarding biodiversity in Nigeria.

Nigeria has been identified as a major transit hub for trafficked wildlife and wildlife parts. Recent investigations by PREMIUM TIMES have also revealed weak prosecution of offenders and persistent human-elephant conflicts across forest and savanna regions, further threatening the country’s dwindling elephant population, alongside frequent pangolin and ivory seizures.

UNODC, however, stressed that legislation alone is insufficient without effective implementation, public awareness, and cross-sector collaboration.

At the event, participants engaged with Terseer Ugbor, Deputy Chairman of the House Committee on Environment and sponsor of the bill, during a fireside chat on strengthening conservation policies and youth participation.

Mr Ugbor said the bill is awaiting presidential assent and expressed optimism that it would address gaps in Nigeria’s conservation framework.

“Nigeria has lost a lot of its habitats for our wildlife to thrive. Nigeria has one of the lowest forest covers in Africa, and this is not good for us,” he said.

He added that the bill introduces stricter penalties for wildlife crimes, including fines of up to N10 million and jail terms of 10 years or more, aimed at deterring offenders.

Sustainable development link

Also speaking, a representative of UNICEF, Wafaa Abdelatef, said biodiversity conservation directly contributes to achieving the Sustainable Development Goals (SDGs), including health, climate action, life below water, life on land, and strong institutions.

He noted that environmental protection and development are mutually reinforcing and not competing priorities.

“I am particularly encouraged by the leadership demonstrated by young Nigerians through the #BeWildForNature initiative. Young people bring creativity, energy, and new perspectives to conservation efforts,” he said.

He added that empowering youth leadership is essential for building inclusive, locally grounded, and future-oriented solutions.

READ ALSO: UNODC seeks collaboration with EFCC to tackle financial crimes in West Africa

Call to action

UNODC reiterated that young people are not merely beneficiaries of conservation policies but key drivers of change.

“Through innovation, advocacy, and community engagement, young Nigerians are helping convert policy into practical action,” the agency said.

It reaffirmed its commitment to supporting Nigeria through capacity building for law enforcement and judicial actors, promoting inter-agency cooperation, and empowering communities to protect biodiversity.

The agency added that protecting medicinal plants is critical to safeguarding health systems, cultural heritage, and future livelihoods, calling for sustained collaboration and concrete action beyond awareness.

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Business

Zenith Bank, MTN Nigeria, AXA Mansard top stock pick this week

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After two successive weeks of loss, Nigerian stocks found resilience last week amid stronger buy pressure, helping market capitalisation appreciate by 0.8 per cent.

The oil & gas index propelled the fairly good performance, thanks to substantial gains by Seplat Energy, contrary to the penultimate week when it fared worst among the five sector indices.

In a way, it is a reassurance that investors’ interest in energy stocks is building up in view of the vibrant outlook on the sector that spikes in the price of crude holds for producers as the US-Israel war against Iran continues.

The upbeat market mood owes its debt to the profound revenue growth and, in some cases, a surge in profit that oil companies recorded at half-year locally and globally.

Looking forward, hopes are high this week that two key positives – Nigeria’s reclassification as a frontier market by FTSE Russell and its upgrade from stable to positive by Moody’s last week – could drive stocks further upwards.

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PREMIUM TIMES has assembled some stocks with sound fundamentals, adopting rigorous approaches to save you the risk of picking equities at random for investment.

The pick, a product of an analytical market watch, offers a guide to entering the market and taking strategic positions, with the expectation that selected stocks will record reasonable price appreciation with the passage of time.

This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions.

Zenith Bank

Zenith Bank tops this week’s pick on the basis of its sound fundamentals and for trading below its intrinsic value. The lender’s net profit ratio (NPR) is 21.8 per cent, while the price-to-earnings (PE) ratio is 4.8x. Its 14-day relative strength index (RSI) is 55.2.

MTN Nigeria

MTN Nigeria makes the selection due to its robust fundamentals. The telecom operator’s NPR is 21.9 per cent, while the PE ratio is 11.6x. Its 14-day RSI is 28.8.

AXA Mansard Insurance

AXA Mansard Insurance makes the cut by virtue of its strong fundamentals and for trading below its intrinsic value. The NPR of the insurer is 3.4 per cent, while the PE ratio is 29.8x. Its 14-day RSI is 49.6.

Unilever Nigeria

Unilever makes the list on account of its sound fundamentals. The company’s NPR is 14.1 per cent, while the PE ratio is 19.6x. Its 14-day RSI is 30.5.

Jaiz Bank

Jaiz Bank appears on the pick based on its attractive fundamentals. The NPR of the bank is 28.5, while the PE Ratio is 11.6. The 14-day RSI is 39.2.


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Nigeria’s Remittances Hit Record $947m in July, Nearing CBN’s $1bn Monthly Target

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Nigeria recorded US$947 million in remittance inflows through International Money Transfer Operators (IMTOs) in July 2026, the highest monthly inflow ever recorded through formal channels and approaching the US$1 billion monthly target set by Central Bank of Nigeria (CBN) Governor Olayemi Cardoso.

IMTO inflows reached US$3.8 billion in the first seven months of 2026 — 50.2% higher than the same period in 2025, pointing to a significant strengthening in flows through formal channels.
The increase follows a series of reforms by the CBN aimed at making formal remittance channels more competitive, transparent and accessible. These include a move to a more market-determined exchange rate, reforms to the regulatory framework for IMTOs, and the introduction of the Non-Resident Bank Verification Number (NRBVN), alongside closer engagement with IMTOs, banks, and Nigerian diaspora communities. More recently, the CBN has strengthened requirements for remittance transactions to be routed through designated settlement accounts with authorised dealer banks.
The significance extends beyond the headline figure. Increasing diaspora flows through formal channels boosts foreign-exchange liquidity and transparency, supports households and investment, and strengthens Nigeria’s external financing position.

“When we set a clear ambition to reach US$1 billion a month in remittance inflows through formal channels nearly two years ago, some people thought we were dreaming. At US$947 million in July, we are now approaching that milestone,” Governor Cardoso said.
While individual monthly figures will naturally vary, the CBN’s focus is on the broader trajectory and on sustaining the shift towards formal channels. The significant increase in inflows recorded so far in 2026 points to the growing impact of reforms designed to make formal remittance channels more competitive, accessible and transparent.

The CBN is building on this momentum by deepening engagement with Nigerian diaspora communities and financial-sector partners across key remittance corridors. As part of its wider international engagements, the Bank will continue to use opportunities in major global financial centres to engage diaspora communities, IMTOs, banks and other stakeholders to reduce friction, widen access and bring a greater share of remittance flows into formal channels.

Governor Cardoso added: “July is an important marker, but our focus is not on a single month. It is on creating the conditions for sustained growth in formal remittances. We expect to keep seeing improvement and believe Nigeria can reach and ultimately sustain monthly inflows above US$1 billion.”

The post Nigeria’s Remittances Hit Record $947m in July, Nearing CBN’s $1bn Monthly Target appeared first on Business Today NG.

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