President Bola Tinubu said on Saturday that Nigeria will be deploying 100 electric buses, which is a major step towards a sustainable and environmentally friendly future. Nigeria’s “pioneering initiative,” which was announced on the fringes of the COP28 climate meeting in Dubai, United Arab Emirates, is to modernise the country’s transport infrastructure and significantly reduce Nigeria’s carbon footprint.
President Tinubu emphasized the strategic importance of this initiative, stating, “This initiative stands as a testament to our dedication to environmental stewardship as clearly exemplified through our collaboration with the Africa Carbon Market Initiative. Our visionary plan is a strategic guidepost, directing Nigeria towards becoming an investment-friendly destination for carbon market investments.”
Presidential spokesman Ajuri Ngelale quoted Tinubu, underscoring the government’s commitment to fostering an environment that attracts investment and upholds standardized, sustainable industrial practices. Tinubu expressed the intent to implement robust policies and frameworks to catalyze the growth of the carbon market within Nigeria.
In a move to oversee the effective implementation of this initiative, President Tinubu appointed Zacch Adedeji, the Executive Chairman of the Federal Inland Revenue Service (FIRS), and Dahiru Salisu, the Director-General of the National Council on Climate Change (NCCC), as co-chairs of the Nigeria Carbon Market Activation Plan. This strategic appointment reflects a concerted effort to ensure the success and sustainability of the country’s green transtinuition.