afforestation

If tree planting programme initiated by the Federal Government is taken seriously, the way it should, Nigeria stands to generate a revenue of about N34.44 billion yearly.

British Columbia is blessed by nature with a vast, ecologically rich forest estate that also has been a source of sustained economic wealth for more than a century. But today there are troubling signs that the most important of natural assets is facing challenges never before seen.

ISLAMABAD: Federal Minister for Environment Hameedullah Jan Afridi said on Saturday that the Ministry of Environment was implementing mega forestry projects in all the provinces for preservation and expansion of forest wealth in the country.

He stated this at the concluding ceremony of the 2nd three-day international conference on “Biodiversity is Our Life”, organised by the Centre for Biodiversity and Conservation (CBC) and Shah Abdul Latif University Khairpur.

The forest industry is important for the economic development of South Africa.

American conglomerate, General Electric (GE), has chosen Brazil as the location for its fifth key research and development centre, in a deal that will see the company invest $500 million in the nation.

The decision was made to locate the centre in Brazil as the company emphasizes its push on expanding its global operations - particularly in South America. Ferdinando Becalli-Falco, president of GE International, said Latin America's largest economy presented it with a number of financial benefits.