President Bola Tinubu unveiled a transformative initiative during the COP28 climate summit in Dubai, announcing the deployment of 100 electric buses in Nigeria for a sustainable and eco-friendly future.
The pioneering move aims to significantly reduce Nigeria’s carbon footprint and modernize the country’s transportation systems.
Tinubu, speaking on the margins of the summit, highlighted the commitment to environmental stewardship and collaboration with the Africa Carbon Market Initiative.
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He emphasized the initiative’s strategic significance in positioning Nigeria as an investment-friendly destination for carbon market investments.
This forward-thinking approach involves implementing enabling policies and frameworks to foster standardized and sustainable industrial practices within the country.
To spearhead the Nigeria Carbon Market Activation Plan, President Tinubu appointed Zacch Adedeji, Executive Chairman of the Federal Inland Revenue Service (FIRS), and Dahiru Salisu, Director-General of the National Council on Climate Change (NCCC), as co-chairs.
The initiative aligns with efforts to establish Nigeria and Africa as pioneers in green manufacturing and industrialization.
Tinubu urged other African nations to follow suit, presenting Nigeria’s comprehensive plans for a greener and cleaner economy as an inspirational narrative.
“Our approach, rooted in visionary leadership and pragmatic action, supported by our technical partners, is poised to become a blueprint for countries aspiring to develop and catalyze their markets for sustainable growth,” stated President Tinubu.
