Bola Tinubu Approves $3bn National Carbon Market Framework for Nigeria's Climate Commitments
Bola Tinubu, President of Nigeria, has approved the adoption of the National Carbon Market Framework to generate $3 billion annually for climate change initiatives. This move aims to position Nigeria as a leader in global climate finance ahead of COP30.
The framework is expected to unlock significant carbon financing over the next decade. The decision was made during a meeting at the Presidential Villa in Abuja, attended by Vice President Kashim Shettima and NCCC Director General Omotunde Majekodunmi.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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