President Bola Tinubu announced on Saturday that Nigeria will introduce 100 electric buses as a first step towards a sustainable and environmentally friendly future.
On the fringes of the COP28 climate conference in Dubai, United Arab Emirates, Tinubu stated that the “pioneering initiative” aims to “significantly” lower Nigeria’s carbon footprint and improve the nation’s transport infrastructure.
This project is evidence of our commitment to environmental care, which is well demonstrated by our partnership with the Africa Carbon Market Initiative. According to his principal, “Our visionary plan is a strategic guidepost, directing Nigeria towards becoming an investment-friendly destination for carbon market investments,” stated the president’s spokesperson, Ajuri Ngelale.
We understand how important it is to create an atmosphere that supports consistent and sustainable industrial practises while also drawing in investment. We are actively working to put in place strong, supportive frameworks and policies that will function as the impetus for the rapidly expanding carbon market inside our borders as a demonstration of our progressive approach.
Additionally, President Tinubu designated Dahiru Salisu, the Director-General of the National Council on Climate Change (NCCC), and Zacch Adedeji, the Executive Chairman of the Federal Inland Revenue Service (FIRS), as co-chairs of the Nigeria Carbon Market Activation Plan.
Though Tinubu is pushing other African nations to do the same, the action is part of an attempt to portray Nigeria and Africa as the forerunners in green manufacturing and development.
“With the knowledge that Africa is a beacon of creative solutions to climate-related concerns, I invite other nations to follow our strides in planning out their sustainable futures as we launch our initiatives,” he said.
“Plans for a greener and cleaner economy can serve as an inspirational narrative for nations worldwide,” stated Tinubu about Nigeria.
The president said, “Our comprehensive approach is poised to become a blueprint for countries aspiring to also develop and catalyse their markets for sustainable growth. It is rooted in visionary leadership and pragmatic action supported by our technical partners.”
