President Bola Tinubu has approved the implementation and operationalization of Nigeria’s carbon market framework, a landmark policy expected to generate at least $3 billion annually by 2030.
This was disclosed by Tenioye Majekodunmi, Director-General of the National Council on Climate Change (NCCC).
The framework positions Nigeria at the forefront of carbon trading, opening the door to large-scale emission allowance transactions across multiple sectors.
