Environmental damage usually comes back to development in one way or another and causes a development challenge. As the global demand for natural resources increases, human welfare and its implications relating to environmental degradation and exposure to environmental risks have caused many to lose their means of livelihood, triggering high level of poverty which remains a serious concern. However, globalization has played a central role in determining the future of the world. The role of globalization has proven to be essential to a nation’s ability to yield the maximum potential from its available resources. The maximization of those resources generally leads to the improved economic development of the nation; wellbeing of man and the sustenance of his livelihood are closely associated with the natural resources base. Consequently, there is a global concern for natural resources protection and conservation so that man can continue to sustain his livelihood. Part of the overall development activities of man is industrial growth. As desirable as industries are, their growth is associated with deleterious consequences. This paper examined the threatened natural resources by mans various activities and call on all tiers of Government and Development partners on the need for natural resources conservation in Nigeria. This revealed that industrialisation and its concomitant urbanisation has brought to mans environment such negative factors like loss of biodiversity, enhanced greenhouse warming, desertification, drought, water and air pollution and accumulation of toxic wastes. It is believed that well conserved natural resources will bring economic, social, visual, and aesthetic benefits that guarantee sound and qualitative health of inhabitants. It concludes that conservation of African biodiversity has come to the fore due to its numerous cultural, scientific and economic values. Also, environmental protection regulations should be intensified to protect the environment from excesses exploitations and for sustainable development. This can be achieved principally through recognition, understanding, appreciating and/or integration of endogenous technologies with exogenous technologies whose synergies are capable of enhancing conservation of natural resource base.
It is estimated that at least 600 million people in Africa lack access to electricity and three out of five people don’t have access to electricity in Sub-Saharan Africa. Though Africa is rich in a wide range of energy resources including solar, bio, natural gas, oil, coal and Uranium, the continent is far from energy self-sufficiency. Addressing climate change will require deep and quick reductions in fossil fuel use so that the systems developed around producing, transporting, and consuming energy are decarbonized by the middle of the century. In the ongoing age, sustainable power source has taken another swing to limelight on the planet, particularly in developed and emerging nations, as it assumes a noteworthy part both in economy and the general job of the world. Significantly, Nigeria an oil-rich country, comes as no surprise that almost all of her energy consumption comes from non-renewable energy sources as coal, natural gas and oil, and as such it is highly vulnerable to shocks due to overdependence on the fossil sources; often time is controlled by the international market. On the whole, the fossil fuel is expected to span only but a millennium (1700-2700) of human civilization while the imperative of an energy shortage situation is felt in every sector of the country considering the poor electricity consumptions in the country, which has reflected on the country’s economy and productivity rate. In revamping the economic sectors in Nigeria, the need for an alternative energy sources that is augmentable in supply keeping in view sustainable development as the hallmark for all sector development. Thus far, Nigeria ought to likewise be opened to universal investments as this would help support the improvement of its assets. This paper, therefore, supports no other sources but renewable energy in promoting the countries productivity at all segments. It further stressed on the implementation of the country’s Renewable Energy Master Plan (REMP) to meet global competitors by the year 2030. Similarly, senior political figures, policymakers and CEOs should engage in a policy dialogue by identifying unique opportunities and best practices for developing and investing in Nigeria and in Africa’s energy markets for “…without this energy supply, the sophisticated skills of the industrial world are merely a burden in the struggle for survival.”
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