Leadership & Management

‘Multinationals Should Pay Climate Tax’

The Nigerian parliament has called for tax payments by multinational companies and global billionaires to support African countries battling climate change impacts, particularly victims of the recent flooding in Borno and Zamfara States.

The Deputy Speaker of the House of the House of Representatives, Benjamin Kalu, and leader of the Nigerian delegation to the ongoing special sitting of the Committees of the Pan African Parliament in South Africa, made the call on Tuesday on behalf of Nigeria.

Reacting to a paper titled “The impact of climate change and Africa’s strategic pursuits going into COP,” delivered by the Director of Programmes and Research, Pan African Climate Justice Alliance, Charles Nyambura, Kalu advocated a global climate tax to support climate adaptation in the world’s most vulnerable regions, especially Africa.

The Deputy Speaker, who bemoaned the recent flooding in Borno, Zamfara states, among others, said that the climate tax is to help mitigate the impacts of climate change on the continent.

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