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Nigeria Targets $25 billion Climate Finance by 2030

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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

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Crime

Troops Neutralise Suspected Terrorist Scout Ambush Operation in Borno

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Troops Neutralise Suspected Terrorist Scout Ambush Operation in Borno

By: Zagazola Makama

Troops of the Nigerian Army have neutralised a suspected terrorist scout during an ambush operation in Konduga Local Government Area of Borno State.

Military sources said the operation was carried out at about 10:15 p.m. on June 6 by troops of the 73 Battalion (Main) following intelligence reports indicating the presence and movement of suspected terrorists around Malari village.

According to the sources, the troops deployed to the area and laid an ambush after receiving information suggesting that insurgents were massing within the vicinity.

During the operation, the troops reportedly observed an individual suspected to be conducting reconnaissance approaching from the direction of Malari village.

The sources said the suspect was challenged and ordered to stop but allegedly continued advancing toward the troops’ position.

The troops subsequently engaged the suspect, who was neutralised during the encounter.

The operation forms part of ongoing counter-insurgency efforts aimed at preventing attacks on military positions and communities within the North-East region.

Military authorities said troops remain on heightened alert and are continuing surveillance and offensive operations across the area to deny insurgents freedom of movement.

Troops Neutralise Suspected Terrorist Scout Ambush Operation in Borno

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Troops Arrest Suspected Kidnappers’ Informant, Recover Pistol in Plateau

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Troops Arrest Suspected Kidnappers’ Informant, Recover Pistol in Plateau

By: Zagazola Makama

Troops of Sector 8 of Operation Safe Haven (OPSH) have arrested a suspected kidnappers’ informant and recovered a pistol during an operation in Mangu Local Government Area of Plateau State.

Security sources said the suspect, identified as Yahaya Haruna, was arrested in the early hours of June 7 at Mungi village following intelligence linking him to criminal elements operating in the area.

According to the sources, troops of Sub-Sector 81 deployed at Gyambwas carried out the operation at about 12:15 a.m. after receiving credible information on the suspect’s alleged activities.

The sources said a search conducted at the suspect’s residence led to the recovery of one pistol believed to be connected to criminal operations.

“Acting on intelligence, troops arrested the suspect and conducted a search of his house, during which one pistol was recovered,” the sources said.

They added that the suspect and the recovered weapon were taken into custody for further investigation.

Security officials said preliminary investigations were ongoing to establish the suspect’s alleged links with kidnapping syndicates and determine the source of the recovered firearm.

They noted that efforts were also being intensified to identify and apprehend other members of the criminal network.

The arrest forms part of ongoing security operations aimed at disrupting kidnapping networks and dismantling criminal support structures across Plateau State.

Authorities urged residents to continue supporting security agencies with credible and timely information that could assist ongoing efforts to combat kidnapping and other forms of criminality.

Troops Arrest Suspected Kidnappers’ Informant, Recover Pistol in Plateau

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Crime

Mali Offers Multi-Billion CFA Rewards for Information on Wanted Terrorist Leaders

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Mali Offers Multi-Billion CFA Rewards for Information on Wanted Terrorist Leaders

By: Zagazola Makama

The Malian government has announced financial rewards running into billions of CFA francs for information leading to the capture or neutralisation of some of the country’s most wanted terrorist leaders, as authorities intensify efforts to combat insurgency across the Sahel.

The move, approved under the leadership of military ruler Gen. Assimi Goïta, targets key figures accused of orchestrating attacks against civilians, security forces and state institutions.

According to official information reported by state media, a reward of two billion CFA francs has been placed on Iyad Ag Ghali, leader of the jihadist group Jama’at Nusrat al-Islam wal-Muslimin (JNIM), while a reward of 1.5 billion CFA francs has been offered for information leading to the capture of Amadou Koufa, a prominent militant commander associated with Katiba Macina.

Several other leaders of armed groups operating in Mali and the wider Sahel region are also covered by the reward scheme, with varying sums attached to them.

The Malian authorities said the rewards would be paid to individuals who provide credible information leading to the location, arrest or neutralisation of the wanted suspects. Citizens were urged to cooperate with security agencies by sharing relevant intelligence.

The announcement comes amid renewed military operations against jihadist groups in northern and central Mali, where insurgents linked to Al-Qaeda and the Islamic State have continued to launch attacks despite sustained counterterrorism campaigns.

Malian authorities have vowed to continue pursuing the leaders and support networks of armed groups until they are brought to justice.

Mali Offers Multi-Billion CFA Rewards for Information on Wanted Terrorist Leaders

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