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Nigeria Unveils Net Zero Investment Plan to Unlock Climate Finance, Drive Green Growth

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Nigeria Unveils Net Zero Investment Plan to Unlock Climate Finance, Drive Green Growth

By: Michael Mike

The Federal Government of Nigeria has launched an ambitious Net Zero Investment Plan (NZIP), a major policy framework designed to mobilise climate finance, accelerate sustainable economic growth, and strengthen the country’s pathway to net zero emissions by 2060.

The plan, unveiled in Abuja by the National Council on Climate Change, represents a significant step in Nigeria’s efforts to translate its climate commitments into concrete investment opportunities capable of attracting both domestic and international financing.

Developed under the NDC Partnership’s “Global Call for NDCs 3.0 and LT-LEDS,” the framework received technical support from Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and funding from the German Federal Ministry for the Environment, Climate Action, Nature Conservation and Nuclear Safety through the International Climate Initiative.

The NZIP is expected to serve as a strategic roadmap for implementing Nigeria’s long-term climate agenda by identifying priority sectors for investment, outlining financing needs, and proposing mechanisms to bridge existing climate finance gaps.

Government officials said the initiative aligns with Nigeria’s broader economic transformation agenda and reinforces the country’s aspiration to emerge as a leading climate-responsive economy in Africa in line with the African Union Agenda 2063.

The investment framework builds on key national policies, including the Nigeria Agenda 2050, the Nationally Determined Contributions (NDCs), and the Long-Term Low-Emission Development Strategy (LT-LEDS), all of which provide the policy backbone for Nigeria’s transition toward sustainable and climate-resilient growth.

Under the LT-LEDS framework, Nigeria targets net zero greenhouse gas emissions by 2060, while the NDCs outline short- and medium-term actions under the Paris Agreement.

Speaking at the launch, Country Director of GIZ, Markus Wagner, described the NZIP as a critical instrument for transforming climate goals into bankable projects capable of attracting large-scale investment.

According to him, the framework goes beyond policy declarations by providing a structured mechanism for mobilising public and private capital toward climate resilience, low-carbon industrialisation, and sustainable economic development.

Wagner noted that achieving net zero emissions would require strong collaboration among government institutions, development partners, financial organisations, and the private sector.

He said the plan demonstrates Nigeria’s determination to align climate action with economic development priorities while creating opportunities for innovation, green jobs, and long-term sustainable growth across strategic sectors of the economy.

Analysts say the launch of the NZIP could improve investor confidence in Nigeria’s green economy ambitions and position the country to access increasing pools of global climate finance targeted at low-carbon and climate-resilient development initiatives.

Nigeria Unveils Net Zero Investment Plan to Unlock Climate Finance, Drive Green Growth

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Group Questions Legality of FRSC Corps Marshal’s Tenure After Retirement Age

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Group Questions Legality of FRSC Corps Marshal’s Tenure After Retirement Age

By: Michael Mike

The continued stay in office of the Corps Marshal of the Federal Road Safety Corps (FRSC), Shehu Mohammed, has come under scrutiny following allegations that he has exceeded the mandatory retirement age without an official extension of his appointment.

The concerns were raised by the Justice and Fairness Vanguard (JFV), which claimed that Mohammed attained the compulsory retirement age of 60 about two months ago but has remained in office despite the absence of any public announcement extending his tenure.

In a statement issued in Abuja on Friday and signed by its Chairman, Audu Abubakar, and Secretary, Folake Abimbola, the group argued that the Public Service Rules require public officers to retire at the age of 60 or after 35 years of service, whichever comes first.

It maintained that although the FRSC boss has yet to complete 35 years in service, having joined the Corps in April 1992, reaching the age limit should have marked the end of his service.

The group said it was unaware of any directive from the Presidency approving an extension of Mohammed’s tenure, unlike what it described as previous cases where such approvals were publicly announced for the heads of other government agencies.

It also called for clarification on whether the office of the Corps Marshal is exempt from the retirement provisions applicable to public servants or is regulated by a separate tenure arrangement under the FRSC Establishment Act.

According to the organisation, allowing the Corps Marshal to remain in office beyond the retirement age could delay the promotion of senior officers and create uncertainty within the Corps’ leadership structure.

JFV further threatened legal action if the Federal Government failed to appoint a successor, insisting that the most senior Deputy Corps Marshal should assume the position in accordance with the law.

Efforts to obtain an official response from the FRSC were unsuccessful, as the Corps’ spokesman, Osondu Ohaeri, could not be reached.

However, a senior FRSC official, who requested anonymity because he was not authorised to speak on the matter, rejected the claims. The official said Mohammed’s appointment is a fixed four-year presidential tenure that runs until 2028 and is therefore not subject to the retirement rules governing career civil servants.

Group Questions Legality of FRSC Corps Marshal’s Tenure After Retirement Age

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U.S. Backs LNG Project to Boost Energy Access in Northern Nigeria, Open Market for American Firms

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U.S. Backs LNG Project to Boost Energy Access in Northern Nigeria, Open Market for American Firms

By: Michael Mike

The United States government is backing a new liquefied natural gas (LNG) project aimed at improving energy access across northern Nigeria, with the initiative expected to expand industrial activity, support remote communities and create new opportunities for American energy technology companies.

The U.S. Trade and Development Agency (USTDA) announced on Friday that it has signed an agreement with Powergas Nigeria Ltd to fund a feasibility study for a proposed small-scale LNG plant in southern Nigeria. The facility will process natural gas into LNG for transportation by road to northern parts of the country that lack conventional gas pipeline infrastructure.

The project is designed to strengthen energy security in northern Nigeria, where expanding industrial activities continue to face challenges from inadequate energy infrastructure. Instead of relying on traditional gas pipelines, the LNG will be transported through “virtual pipeline” trucking networks to factories, businesses and underserved communities.

USTDA Deputy Director Thomas Hardy said the initiative demonstrates the agency’s commitment to promoting private sector-led growth through American energy technology while addressing infrastructure gaps in strategic markets.

“USTDA is helping catalyse private sector-led growth through the use of innovative U.S. energy technology,” Hardy said. “This project will help address critical energy security needs in a region where underinvestment in infrastructure has impeded economic opportunity.”

He added that the project would also create commercial opportunities for American LNG technology providers by positioning U.S. companies to supply liquefaction systems, electrical controls, engineering services and other critical infrastructure for the project.

According to USTDA, the feasibility study will evaluate the technical and financial viability of the proposed LNG plant, develop an implementation roadmap and identify suitable U.S. suppliers for key equipment and services. The study is also expected to lay the groundwork for attracting financing needed to move the project into implementation.

Powergas Nigeria described the initiative as a major step in expanding its footprint beyond compressed natural gas into LNG distribution.

The company’s Head of Strategy, Abiodun Oseni, said Powergas had established itself as a leading player in Nigeria’s compressed natural gas value chain and viewed LNG as the next phase of its expansion strategy.

He noted that LNG would enable the company to extend cleaner and more reliable energy supplies to industries and communities in remote parts of the country, adding that USTDA’s support would reduce investment risks and improve the project’s bankability.

Oseni said the company intends to evaluate and adopt American engineering expertise and liquefaction technology to ensure international standards in project delivery.

Nigeria possesses one of Africa’s largest proven natural gas reserves, yet millions of households and industries continue to face unreliable energy supplies due to inadequate gas transportation infrastructure. Small-scale LNG projects, coupled with virtual pipeline networks, are increasingly being promoted as a practical solution for delivering natural gas to off-grid industrial clusters and communities where conventional pipelines are uneconomical.

The initiative also aligns with growing efforts to deepen U.S.-Nigeria commercial cooperation in the energy sector while supporting cleaner-burning natural gas as a transition fuel for industrial development.

U.S. Backs LNG Project to Boost Energy Access in Northern Nigeria, Open Market for American Firms

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Troops foil multiple ISWAP infiltration attempts in Maiduguri, Buratai axis

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Troops foil multiple ISWAP infiltration attempts in Maiduguri, Buratai axis

By Zagazola Makama

Troops of the Joint Task Force North East, Operation HADIN KAI (OPHK), have foiled coordinated infiltration attempts by suspected ISWAP terrorists targeting parts of Maiduguri and Buratai axis of Borno State, forcing the insurgents to retreat after intense engagements.

The attempted attacks occurred between 12:20 a.m. and 2:30 a.m. on Friday, when the terrorists simultaneously advanced toward Muna Garage, Shuwari Village and the Ajilari Cross area in an apparent bid to gain access into the Maiduguri metropolis.

Military sources told Zagazola Makama that the troops, supported by an effective early warning system, detected the movement of the insurgents and engaged them from multiple directions with heavy and accurate fire, disrupting the coordinated assault before the terrorists could penetrate the city.

The sources said the terrorists, overwhelmed by the troops’ swift tactical response, abandoned their mission and fled in disarray.

In related operations, troops also repelled separate infiltration attempts by the insurgents at Miringa and Dutsen Kura in the Buratai area of Borno State.

During the pursuit of the fleeing terrorists at Miringa, a Mine-Resistant Ambush Protected (MRAP) vehicle activated an Improvised Explosive Device (IED). However, no casualty was recorded among the troops, and the operational situation remained stable.

Security sources said clearance and exploitation operations are ongoing across the affected areas to track down the fleeing terrorists, recover possible abandoned equipment and prevent any further threat to nearby communities.

The military reaffirmed that Operation HADIN KAI would continue sustained offensive operations aimed at denying terrorist groups freedom of movement and safeguarding lives and property across the North-East.

Residents were also urged to remain vigilant and continue providing credible and timely intelligence to security agencies to support ongoing counter-terrorism operations.

Troops foil multiple ISWAP infiltration attempts in Maiduguri, Buratai axis

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