Nigeria is losing an estimated $500 billion annually to biodiversity decline, a major economic and environmental setback that experts say requires urgent intervention.

Stakeholders have urged the private sector to integrate biodiversity considerations into business strategies to safeguard long-term economic sustainability.

Speaking on behalf of the Director of Forestry at the Federal Ministry of Environment, Halima Bawa-Bwari, Deputy Director Aiwuyo Christopher, warned that Nigeria’s biodiversity loss reflects a global crisis.

He noted that only $120 billion is currently available

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