Nigeria, Oct. 31 -- The move aims to unlock an estimated $2.5-$3 billion annually in carbon finance over the next decade to support Nigeria's climate transition plans.

Vice President Kashim Shettima, representing the President at the second Council meeting of the National Council on Climate Change (NCCC) at the Presidential Villa, Abuja, said the approvals were part of efforts to secure Nigeria's place in the global carbon economy.

"Addressing climate change is not just an environmental imperative but an opportunity to unlock new investments, jobs and innovation," Tinubu said, insisting Nigeria is ready to take a leading role in global climate action and negotiations.

Tinubu emphasized that climate action remains central to his adminis...