Oxytan Africa Invest Partners with Nigerian Government to Achieve $3 Billion Carbon Market Goal
Oxytan Africa Invest Limited collaborates with the Federal Government of Nigeria to reach a $3 billion yearly carbon market goal, as per the approved national carbon market framework. The firm's Managing Director, Tamarankro Jjuliano Obriki, emphasizes the commitment to aiding Nigeria in lowering its carbon emissions and bolstering environmental conservation.
Oxytan Africa Invest Limited is already engaged with NATION Environment Safety Regulatory Enforcement Agency (NESREA) to reduce industrial emissions through innovative solutions. The partnership also involves NNPC Retail Limited for nationwide fuel distribution.
This initiative is crucial for decarbonizing Nigeria's energy sector, given the nation's heavy reliance on hydrocarbon fuels for development.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
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