Crime
Nigeria Targets $25 billion Climate Finance by 2030
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
Man O’ War personnel reports abduction of female colleague in Bayelsa
By: Zagazola Makama
A female member of the Man O’ War has been reportedly abducted by unknown persons in Bayelsa State, with efforts underway to trace and rescue her.
Security sources said the case was reported on April 3 at about 7:00 p.m. by Daniel Lucky Deinyefa, a Man O’ War personnel and indigene of Otuan community in Southern Ijaw Local Government Area.
It was gathered that the victim, identified as Peremene Bright, contacted her colleague on April 2, stating that she had been abducted by unknown persons since March 26.
The sources disclosed that her mobile phone signal was tracked to a location along the Abua/Ogbia road axis.
Authorities said efforts are ongoing to locate and rescue the victim, as well as identify and apprehend those responsible for the abduction.
Further updates are expected as investigations progress.
Man O’ War personnel reports abduction of female colleague in Bayelsa
Troops intercept suspected Boko Haram logistics convoy conveying 13 persons in Borno
By: Zagazola Makama
Troops of Bravo Company, 159 Battalion, have intercepted a suspected Boko Haram logistics convoy in Kanama area of Borno State.
Security sources said the interception occurred at about 7:00 p.m. on April 2 at a checkpoint while troops were conducting routine stop-and-search operations.
According to the sources, the troops stopped a Toyota pickup vehicle conveying 12 males and one female en route to Dekwa.
During a search of the vehicle, two adult males were found to have sustained gunshot wounds.
Preliminary investigations revealed that the injured suspects were members of a terrorist logistics support network who had reportedly been ambushed earlier by troops on April 1 along the Usmadi axis while transporting supplies to a terrorist camp in Dekwa.
The sources added that eight torchlight mobile phones were recovered from the suspects for further investigation.
All suspects and the vehicle are currently in custody and will be handed over to Headquarters for further action.
Troops intercept suspected Boko Haram logistics convoy conveying 13 persons in Borno
Troops, CJTF arrest three suspected Boko Haram logistics suppliers in Borno
By: Zagazola Makama
Troops of 29 Task Force Brigade, in collaboration with members of the Civilian Joint Task Force (CJTF), have arrested three suspected Boko Haram logistics suppliers at Benisheikh in Kaga Local Government Area of Borno State.
Security sources said the suspects, identified as Abdul Kolo, Modu Masa and Atom Baaji, were apprehended at about 3:00 p.m. on April 3 following credible human intelligence.
According to the sources, the suspects confessed during preliminary interrogation that the items in their possession were given to them by Boko Haram members to sell on their behalf.
Items recovered from the suspects include 20 goats, two mobile phones, a knife and the sum of ₦139,780.
The sources said the suspects and recovered items had been handed over to the Headquarters of 29 Task Force Brigade for further investigation and necessary action.
The operation is part of ongoing efforts under Operation Hadin Kai to dismantle terrorist logistics networks and disrupt supply chains sustaining insurgent activities in the North-East.
Troops, CJTF arrest three suspected Boko Haram logistics suppliers in Borno
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