Connect with us

Crime

Nigeria Targets $25 billion Climate Finance by 2030

Published

on

Nigeria Targets $25 billion Climate Finance by 2030

By: Michael Mike

The federal government is targeting about $25 billion in climate finance by 2030 as part of its economy-wide climate governance.

Addressing a press conference at the weekend, Director-General of the National Council on Climate Change (NCCC), Mrs. Omotenioye Majekodunmi while revealing the target, said that the Nigeria’s Carbon Market Framework has been finalized and will be submitted to Federal Executive Council (FEC) for approval.

Majekodunmi said the recently submitted Nationally Determined Contribution (NDC3.0) is different from the previous ones in many ways as It departs from the “business-as-usual” approach to an absolute economy-wide emission reduction, representing our highest ambition level to date, noting that the targets are better defined and will be supported by an investment plan to accelerate implementation.

She said Nigeria has set a 32.2% increase in emission reduction compared to the 2018 baseline and significantly increases mitigation and adaptation ambitions with clearer targets compared to NDC2.0.

She explained that the NDC3.0 aims to lower the deforestation rate by 60%, which offers substantial mitigation potential of 304.8 MtCO2eq., and it seeks to increase the adoption and use of cleaner energy systems by increasing captive generation capacity using cleaner fuels, installing 7 GW (50% renewable and 50% natural gas) as part of a practical “Energy Mix Plan” on our journey to net-zero by 2060.

Majekodunmi said: “For the first time, “Health” and “Action for Climate Empowerment” have been included as priority sectors in our NDC3.0, demonstrating our commitment to economy-wide climate governance.”

She said to deliver on these commitments, Nigeria is mobilizing $20-25 billion in climate finance by 2030, including green bonds, blended finance, and public-private risk-sharing mechanisms, noting that: “We aim to unlock at least $7-10 billion in grants and concessional finance from global partners while promoting technology transfer.”

The NCCC Director General on plans for the 30th Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC) (COP30) holding in Belém, Brazil from November 10-21, 2025,
disclosed that: “We have launched an electronic portal for registration of MDAs, private sector entities that wish to organize side events in the Nigerian pavilion to drive visibility and amplify our ambition as a country.

“We’re using digital tools to limit paper use and reduce our carbon footprint. By doing so, the government is leading by example.
Participants can apply and submit all their information online.”

She also disclosed that: “We have recently launched a robust Monitoring, Reporting, and Verification (MRV) system aligned with global best practices to track progress annually.

“The MRV system supports transparency and accountability in measuring and reporting our sectoral climate actions. This will boost trust among investors and funding partners and, most importantly, help attract necessary climate finance to support our development aspirations and meet our climate obligations.

“The MRV system is an important requirement for generating high-integrity and attractive carbon credits in Nigeria.”

Nigeria Targets $25 billion Climate Finance by 2030

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Crime

Jihadist reportedly overrun gendarmerie camp in niger, kill 21 officers

Published

on

Jihadist reportedly overrun gendarmerie camp in niger, kill 21 officers

By: Zagazola MAkama

Suspected jihadists on Friday attacked and seized control of the Gendarmerie Camp in Garbougna, Niger Republic, killing more than 21 gendarmes, according to security sources.

The attackers, believed to be affiliated with Sahel-based extremist groups, stormed the facility in large numbers, overwhelming security personnel during the early morning assault.

Sources told Zagazola Makama that the insurgents also carted away several vehicles, along with a significant quantity of arms and ammunition stored at the camp.

“The situation is dire. The Garbougna gendarmerie post was overrun, and dozens of weapons and vehicles were taken. The number of casualties is still being compiled, but more than 21 gendarmes are feared killed,” one security source said.

The attack underscores the escalating insecurity in parts of Niger, where jihadist groups linked to al-Qaida and the Islamic State continue to mount coordinated assaults on security formations and rural communities.

Niger’s military authorities have not yet issued an official statement regarding the incident as at the time of filing this report.

Zagazola recalls that the tri-border region spanning Niger, Mali and Burkina Faso has witnessed intensified jihadist activities in recent months, with security forces increasingly targeted in ambushes and camp raids.

Jihadist reportedly overrun gendarmerie camp in niger, kill 21 officers

Continue Reading

Crime

Vigilante in Yobe gunned down Fulani herder over alleged destruction of farmland

Published

on

Vigilante in Yobe gunned down Fulani herder over alleged destruction of farmland

By: Zagazola Makama

A Fulani herder has been shot dead and a vigilante injured following a confrontation between herders and security operatives in Jakusko Local Government Area of Yobe State.

Sources told Zagazola Makama that at about 9:00 a.m. on Tuesday, a group of Fulani herdsmen were allegedly destroying farmlands in Lafiya, Saban, Garin, Sara, Jaba and Muguram villages.

According to him, a joint patrol team comprising the police, Joint Task Force (JTF) and vigilantes was immediately deployed to the affected areas.

“Upon arrival at the scene, one of the herders attacked a vigilante, Saidu Yau of Lafiya village, with a machete, inflicting a deep cut on his left thigh.

“The same herder also attempted to attack a soldier, Private Adamu Ismail, attached to the JTF. The soldier, in self-defence, fired at the attacker, leading to his death,” said the sources.

The sources said that both the injured vigilante and the herder were rushed to the General Hospital, Jakusko, for medical attention.

“The herder was confirmed dead by a medical doctor, while the injured vigilante is responding to treatment,” the sources added.

Police sources said the remains of the deceased herder had been released to the Sarkin Fulani, Hon. Hassan Lamido Manu, pending the arrival of the family.

He said investigation into the incident was ongoing to ascertain the circumstances and prevent further clashes.

Vigilante in Yobe gunned down Fulani herder over alleged destruction of farmland

Continue Reading

Crime

killings of 259 cattle spark rising tension as attack on herders escalate across Gwer West, Guma in Benue

Published

on

killings of 259 cattle spark rising tension as attack on herders escalate across Gwer West, Guma in Benue

By: Zagazola Makama

Fresh tension is building in Benue State following coordinated attacks on Fulani herders and the killing of hundreds of cattle in Gwer West and Guma Local Government Areas, in incidents that could trigger another cycle of violence if not urgently addressed.

According to field reports made available to Zagazola Makama, heavily armed men, alleged by herder associations to be members of local security outfits, supported by local security outfits, launched multiple assaults on pastoral communities since Nov. 12, killing an estimated 259 cattle in two separate attacks.

The first incident occurred near Naka in Gwer West LGA, where the government backed security outfits operating on motorcycles and vehicles reportedly targeted herders grazing peacefully in the area. The cattle owners Abdullahi Musa said 50 of his cattle were killed, Wakili Musa another harder said 51 of his livestock were killed while Maibargo Abubakar lost 21 of his cattle in the ambush without any provocation.

Multiple Witnesses said the attackers transported the carcasses of the killed animals into Naka town in broad daylight, where they were seen celebrating. Some of the community members described the attack as “deliberate provocation aimed at escalating ethnic tensions.”

A second attack was recorded the same day behind Okohol village near Ikpam in Guma LGA, where another group of armed men reportedly killed 137 cattle belonging to Alhaji Anaruwa Yongo and his brother. Several carcasses were reportedly removed from the scene while others remained littered across the grazing area.

Sources told Zagazola Makama that military personnel deployed in the affected corridors visited some of the locations after the incidents and confirmed the attacks. Security operatives, however, have not issued an official statement on the attacks while government of Benue remained mum.

Leaders of pastoralist communities described the Benue incidents as part of a “recurring, underreported pattern” of attacks on Fulani herders in several states, including Enugu, Niger and Kebbi. They accuse some local authorities of quietly supporting armed groups that target pastoralists, while only issuing statements when reprisals occur.

Community representatives further allege that despite repeated reports and identification of perpetrators in past incidents, the Benue State Government has not taken concrete steps to halt the killings, creating what they describe as “a climate of impunity that encourages attacks.”
They warn that the continued silence from state actors, coupled with worsening hostilities, risks sparking a renewed wave of communal violence.

They appealed for urgent intervention from federal security agencies, including Defense Headquarters and the Office of the National Security Adviser, to prevent further escalation.
They also called for an impartial investigation into the killings, protection for vulnerable herders, and proactive engagement with community leaders to avert retaliatory attacks.

They described the situation as “a ticking time bomb” and urged the Federal Government to address what they see as a widening security gap that could destabilize the region if left unchecked.

killings of 259 cattle spark rising tension as attack on herders escalate across Gwer West, Guma in Benue

Continue Reading

Trending

Verified by MonsterInsights